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Ibas Bows Out, Says Peace Is Rivers' Gain

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The Business NG

Retired Vice Admiral Ibok-Ete Ibas, who served as Sole Administrator of Rivers State for six months, says his administration succeeded in restoring peace and stability in the state despite operating under extraordinary conditions.

- SEGUN AWONIYI

Ibas, who spoke at Government House, Port Harcourt, during a public lecture on "Good Governance and Democratic Dividends" delivered by Prof. Abiodun Amuda-Kanmike, SAN, described his tenure as a defining moment in Rivers' hist

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2027 Race Begins as Parties Unveil Presidential Candidates After INEC Deadline

Nigeria's political atmosphere has officially shifted into election mode as major political parties unveil their presidential candidates following the expiration of the nomination deadline set by the Independent National Electoral Commission ().

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Food inflation pressure: Lagos, Abuja Families Spend Up to N300,000 Monthly on Healthy Meals — Survey

A new market survey has revealed that families in Lagos and Abuja are now spending up to N300,000 monthly to maintain a healthy and balanced diet, underscoring the continued rise in the cost of living across Nigeria's major urban centres.

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43 Northern Industries Shut Down as Manufacturing Collapses Between 19 years

Northern Nigeria's industrial base suffered a major setback over the years as at least 43 major companies and factories collapsed between 1990 and 2009, leaving a deep gap in manufacturing, jobs, and economic output across the region.

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Nigeria Owes World Bank $18.5bn, Ranks as Third-Largest Debtor Globally

Only Bangladesh, Pakistan Borrow More ● Mounting Loans Trigger New Debt Trap Concerns

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eNaira Trademark War Deepens as Court Rules Against Private Firm

Fresh controversy has erupted over the ownership of the “eNaira” trademark after the Federal High Court in Abuja barred eNaira Payment Solutions Ltd from presenting itself as the registered proprietor of the name associated with Nigeria's digital currency.

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"We Are Dying Gradually" — Lagos Residents Raise Alarm Over Toxic Dumpsites, Polluted Air

Residents of several Lagos communities have raised fresh concerns over worsening environmental pollution caused by refuse dumpsites, toxic air, and poor waste management, warning that the situation is fast becoming a public health emergency.

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Seven Governors, 12 Ex-Governors, 51 Senators Secure APC 2027 Tickets

The All Progressives Congress (APC) has concluded its senatorial primary elections across several states, producing a strong list of political heavyweights as candidates ahead of the 2027 general elections.

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Nigeria Split Over 26.5% Interest Rate as CBN Tight Policy Fuels Growth Concerns

Nigeria's decision to maintain its benchmark interest rate at 26.5% has reopened a familiar economic debate: how to balance inflation control with the urgent need to stimulate growth in an economy where access to credit remains a major constraint for businesses.

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Solar Imports to Africa Soar as China Exports Jump 83%

China's exports of solar panels and solar cells to Africa surged sharply in April 2026, rising 83% year-on-year as global demand for renewable energy continued its rapid expansion.

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'80% of Nigerians in Debt' as Rising Living Costs Deepen Economic Pressure

Rising living costs and persistent economic pressure are pushing more Nigerians into debt, with analysts warning that borrowing is becoming a survival strategy for many households across the country.

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