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GenCos threaten to shut down power generation supply

The Power Generation Companies (GenCos), have threatened to shut down power generation supply if pressing issues in the sector are not addressed. The GenCos spoke...

Metro

10th Chieftaincy Anniversary: Chidoka urges reconciliation with Obosi monarch

Chief Osita Chidoka, a Chieftain of the Peoples Democratic Party (PDP), has said he was willing to reconcile with Igwe Chidubem Iweka, the traditional...

Judiciary/Crime

Another Catholic priest abducted in Enugu

The Enugu Police Command said Saturday in Enugu that it has commenced a massive manhunt of abductors of a Catholic Priest, Rev.-Fr. Theophilus Ndulue. This...

Security/Defence

South West

South East

South South

Middle Belt

North East

North West

WORLD NEWS

Britain’s Prince Andrew sparks backlash after ‘disastrous’ TV interview

Britain's Prince Andrew provoked a backlash Sunday following an extraordinary TV interview in which he denied having sex with an alleged victim of the...

Iran leader backs petrol price hike that sparked deadly unrest

Iran's supreme leader on Sunday threw his support behind a decision to hike petrol prices, a move that sparked nationwide unrest in which he...

Pence aide said Trump’s Ukraine phone call was ‘unusual and inappropriate’

(Reuters) - The phone call between U.S. President Donald Trump and his Ukrainian counterpart at the center of Congress’ impeachment investigation was “inappropriate,” an...

U.S. businesswoman tells UK PM Johnson: I’ve kept your secrets, you’ve cast me aside

(Reuters) - A U.S. businesswoman at the center of a series of newspaper allegations over British Prime Minister Boris Johnson’s conduct while he was...

Sri Lanka strongman Rajapaksa wins presidency by big margin

(Reuters) - Sri Lanka’s former civil wartime defense chief Gotabaya Rajapaksa was declared the winner in the presidential election on Sunday, after promising to...

Israel to probe ‘unexpected’ civilian casualties in Gaza strike

Israel's military pledged Friday to investigate unexpected civilian casualties in a strike targeting Islamic Jihad in Gaza, where a ceasefire agreement remained fragile after...

ECONOMY

Visa to acquire stake in Nigeria’s Interswitch

Visa Inc plans to acquire a “significant minority” stake in payments platform Interswitch, the Nigeria-based company said on Tuesday. Interswitch did not provide financial details...

Oil prices gain as market awaits signals on U.S.-China trade talks

Oil prices rose on Tuesday, reversing early losses on hopes that U.S. President Donald Trump may signal progress on trade talks with China in...

Refinery: Expert commends FG on Saudi, Russia deal

Mr Chinedu Onyeizu has commended the Federal Government for signing a government backed partnership with Russia to revamp the nation’s refinery. Onyeizu gave the commendation...

National currency processing coys must have N3bn capital–CBN

The Central Bank of Nigeria (CBN) says henceforth, any company registered to operate as a National Currency Processing Companies (CPC) must have a minimum...

Nigeria’s new rating by World Bank commendable – Analyst

A Public Affairs Analyst, Mr Carl Umegboro has commended President Muhammadu Buhari on the recent 15 places rise rating of Nigeria in the latest...

NNPC signs MoU with Russian oil company, Lukeoil MoU

Nigeria and Russia on Thursday in Sochi, Russia, signed an important Memorandum of Understanding (MoU), which will enable both countries’ oil giants, Nigerian National...

FINANCE

NSE market indices rose by 0.54% after Eid-el Malud celebration

Nigerian equities market resumed trading for the week on Tuesday with a growth of 0.54 per cent after Monday public holiday declared by the...

NSE: Guinness, PZ lowest performing stocks in October

Guinness Nigeria Plc emerged the lowest performing stock on the Nigerian Stock Exchange (NSE) for the month of October in percentage terms. Data obtained by...

Zenith Bank lifts trading on NSE with 357.23m shares

Investors on the Nigerian Stock Exchange (NSE) on Tuesday staked N7.83 billion on 694.02 million shares in 2,780 deals. The volume of shares traded represented...

Forex intervention: CBN injects $325.5m into retail market

The Central Bank of Nigeria (CBN) has injected 325.5million dollars in the retail Secondary Market Intervention Sales (SMIS) and CNY14million in the spot and...

FAAC: FG, States, LGAs share N693.529bn for September

The  Federation  Account Allocation Committee (FAAC) on Thursday in Abuja, shared a total of N693.529 billion to the three tiers of government for the...

SEC renews commitment to capital market competitiveness

The Securities and Exchange Commission (SEC) on Friday said it would continue to pursue initiatives that would enhance the depth and competitiveness of the...

Editorial

Curbing the menace of Sex-for-Grade in our schools

When a supposed ‘17-year- old’ admission seeker to the prestigious University of Lagos approached Dr Boniface Igbeneghu, a senior lecturer at the University, recently...

WashingtonFile by Dan Epelle Evelyn

House Speaker Pelosi announces formal impeachment inquiry on US President Donald...

US President Donald Trump decries impeachment inquiry announcement via Twitter. Twitter was the first to catch the wind of a raging storm now hitting the...

Opinion

Editors' Picks

‘We failed to reach Europe – now our families disown us’

By Tim Whewell BBC World Service Most of the West African migrants who fail to reach Europe eventually return to their own countries, but it can be a bitter homecoming. In Sierra Leone, returnees are often rejected by relatives and friends. They're seen as failures, and...

TRENDING

Buhari returns to Nigeria from UK

President Muhammadu Buhari has returned to Nigeria after two weeks in London on a private visit. Mr Buhari arrived the Nnamdi Azikiwe International Airport at...

Senate approves N10 billion for Kogi two days to election

The Nigerian Senate has approved promissory notes and bond issuance of N10.069 billion to Kogi State as refund for projects executed on behalf of...

Edo APC suspends Oshiomhole

The All Progressives Congress (APC) in Edo State has suspended national chairman of the party, Adams Oshiomhole, over his alleged role in the crisis...

Buhari mourns ‘Indomitable ‘ Tam David-West

President Muhammadu Buhari has expressed deep sorrow at the passage of his ally and friend, a man he usually called “the indomitable Tam David-West.” The...

JUST IN: Appeal Court affirms El-Rufai’s victory

The Court of Appeal sitting in Kaduna State on Thursday affirmed Governor Nasir El-Rufai of Kaduna State as the winner of the March 9...

INTERVIEWS/FEATURES/ANALYSIS

LAGOS UPDATE

Lagos budget: Speaker tells Sanwo-Olu to prioritise rail projects

KaftanPost Correspondent with Agency reports Lagos State House of Assembly Speaker Mudashiru Obasa has urged Gov. Babajide Sanwo-Olu to give priority to rail infrastructure to...

Lagos–Badagry Expressway repairs: LASG announces traffic diversion

The Lagos State Government has announced traffic diversion from the major carriageway to the service lane on the Lagos-Badagry Expressway from Nov.9 to Nov.10. Special...

Lagos-Ibadan Expressway: FRSC partners police, military to end robberies on Long Bridge

The Federal Road Safety Corps (FRSC), Lagos State Sector Command, says it is working with the Nigeria Police and the military to counter robbery...

Road repair: LASTMA announces partial closure of Apongbon road inward Eko Bridge

The Lagos State Traffic Management Authority (LASTMA) has announced partial closure of some sections of Apongbon road inward Eko Bridge from Thursday. The authority, in...

FCT NEWS

FCT Police arrest 42 suspects over rape, other criminal offences

The Police Command in the Federal Capital Territory (FCT) on Wednesday said it arrested 42 suspects over rape, kidnapping and other criminal activities in...

UN Women honours AMAC boss as a ‘HeForShe’ Champion

KaftanPost Correspondent with Agency Reports UN Women on Tuesday honoured Mr Abdullahi Candido, the Chairman, Abuja Municipal Area Council (AMAC), as a ‘HeForShe’ champion for...

FCT Police arrest 42 suspects over rape, other criminal offences

KaftanPost Correspondent with Agency Reports The Police Command in the Federal Capital Territory (FCT) on Wednesday said it arrested 42 suspects over rape, kidnapping and...

Traffic Congestion: FCT demolishes fence of bank, commercial buildings at Dutse-Alhaji

The FCT Ministerial Task Team on Traffic Control, on Sunday demolished illegal fence erected by a bank and owners of commercial buildings at Dutse-Alhaji,...

Revenue Generation: FCT minister of state warns against sabotage

The FCT Minister of State, Dr Ramatu Aliyu,has vowed to deal decisively with any Secretariat, Department and Agency, under her supervision, that wants to...

BIG STORIES

‘I opposed vaccinations until my son caught polio’

By Charles Mgbolu BBC health reporter, Lagos Adamu Misa used to chase health workers away from his home in northern Nigeria but now campaigns for vaccines...

Lagos public cemeteries: Why the dead might not be sleeping in...

Public cemeteries in Lagos State are in deplorable, despicable and nauseating conditions, underscoring a total lack of respect for both the living and the...

FASHION

Serena Williams stuns in kimono by Nigerian designer, Jane Ekanem

Tennis star, Serena Williams stunned fans with a black sleeveless Kimono jacket by a Nigerian designer, Jane Michael Ekanem News Agency of Nigeria (NAN) reports...

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