Highlights

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Background

Highlights

Blackout Looms in Abuja, Kogi, Niger, Nasarawa as Electricity Workers Threaten Strike

A major electricity blackout may soon hit Nigeria’s capital city, Abuja, and three neighboring states—Kogi, Nasarawa, and Niger—as workers of the Abuja Electricity Distribution Company (AEDC) have issued a fresh strike notice. The National Union of Electricity Employees (NUEE) and the Senior Staff Association of Electricity and Allied Companies (SSAEAC) announced their intention to resume an earlier suspended strike over unresolved labour disputes with AEDC management. In letters addressed to […]

todayJune 5, 2025 6 2

Highlights

Oando Hits N4.1 Trillion Revenue, Expands Upstream Portfolio

Oando PLC has announced a 44% surge in revenue for the full year 2024, reaching ₦4.1 trillion, up from ₦2.9 trillion in 2023, according to its audited financial results released on Wednesday. The increase was driven largely by strong performance in its upstream operations, where the company reported a 3% rise in total production to 23,727 barrels of oil equivalent per day (boepd). Crude oil output rose by 27% to […]

todayJune 5, 2025 7 1

Highlights

Town Planners Applaud FG’s Approval of New Urban Development Policy

The Nigerian Institute of Town Planners (NITP) has commended the Federal Government for approving the revised National Urban Development Policy (NUDP), describing it as a much-needed step in addressing Nigeria’s rapidly evolving urban challenges. The updated policy, developed by the Federal Ministry of Housing and Urban Development in collaboration with UN-Habitat and other stakeholders, replaces the 2012 edition. It introduces a 10-year framework for promoting sustainable urban planning, governance, and inclusive […]

todayJune 5, 2025 14 1

Highlights

Eid-El-Kabir: NRC Adds Extra Train Trips on Lagos-Ibadan, Warri-Itakpe Routes

In preparation for the Eid-El-Kabir celebrations and the anticipated surge in passenger movement, the Nigerian Railway Corporation (NRC) has announced additional train services for Thursday, June 5, 2025. In a statement issued by Callistus Unyimadu, Acting Deputy Director of Public Relations, the NRC confirmed that an extra Lagos-Ibadan Train Service (LITS) will run at 1:55 p.m., while the return Ibadan-Lagos trip will depart at 11:03 a.m. on the same day. […]

todayJune 5, 2025 8 1