NERC Trains Lagos High Court Judges on Nigeria’s Evolving Electricity Market

NERC Trains Lagos High Court Judges on Nigeria’s Evolving Electricity Market

By Zainab Uzomah| Abuja The Nigerian Electricity Regulatory Commission (NERC) has begun a series of regional seminars for judges to deepen judicial understanding of Nigeria's evolving electricity market, as regulatory oversight expands to state governments. The first seminar, held in Lagos on Monday, brought together judges of the Lagos State High Court to examine the legal and regulatory changes shaping the Nigerian Electricity Supply Industry (NESI). Speaking at the event, […]

July 7, 2026 13

NEWS

Troops Kill Two Terrorists, Foil Attack on Benue Yam Market

By Zainab Uzomah| Abuja Troops of Operation WHIRL STROKE, working alongside operatives of the Benue State Civil Protection Guard, have foiled a terrorist attack on Tor Donga Yam Market in Benue State, killing two suspected terrorists identified as Dantaraba and Golozo. According to a statement signed by the Acting Media Information Officer, Headquarters Joint Task Force Operation WHIRL STROKE, Lieutenant Ahmad Zubairu Zubairu, the troops responded to a distress call […]

June 28, 2026 23

NEWS

Dozens feared dead after air strike hits market on Borno–Yobe border

By Zainab Uzomah Dozens of people are feared to have been killed after an air strike struck a busy market in Jilli, a weekly trading hub on the border between Borno and Yobe states in north-east Nigeria. The incident happened on 11 April during ongoing military operations targeting Islamist militants in the area. Initial reports put the death toll at about 50, but local sources say the number could be […]

April 14, 2026 12

NEWS

Fire destroys shops with goods worth millions in Lagos market

The Lagos State Emergency Management Agency on Monday said a market around the Ajah area of the state was engulfed by fire, destroying shops and goods worth millions of naira. The agency’s Permanent Secretary, Dr Olufemi Oke-Osanyintolu, confirmed this in a statement made available to the News Agency of Nigeria in Lagos. Oke-Osanyintolu said the fire incident happened late Sunday night at Ajah Market by Alesh bus stop in Lekki, […]

November 4, 2024 84

NEWS

China woes dampen Asian stock market optimism

Asian markets were mixed Monday, with optimism over an expected US interest rate cut offset by worries over the Chinese economy following the release of more disappointing data. After a strong finish on Wall Street, where all three indexes ended sharply higher, Asia struggled to match up. Tokyo, Sydney, Singapore, Seoul, Mumbai, Manila, Wellington and Jakarta rose but Hong Kong, Bangkok and Taipei fell. London, Paris and Frankfurt all fell […]

September 2, 2024 56

NEWS

Motorists groan as Ogun ram market causes gridlock on Lagos-Ibadan Expressway

Motorists on Wednesday found themselves stranded on the Lagos-Ibadan Expressway as buyers and sellers of livestock at the Kara Market blocked sections of the road causing a massive traffic jam. Our correspondents, who monitored the traffic congestion along the corridor, observed that large trucks carrying livestock, which were parked by the side of the highway for offloading, compounded the gridlock on the corridor. While the livestock were being offloaded from […]

June 13, 2024 75

BUSINESS

Elon Musk’s AI startup raises $6bn for market expansion

Elon Musk’s artificial intelligence startup xAI has raised $6bn in a Series B funding round backed by investors including Valor Equity Partners, Andreessen Horowitz and Sequoia Capital, among others. In a statement posted on its website on Sunday, the startup announced that the funds from this round would be used to bring xAI’s first products to market, build advanced infrastructure, and accelerate the research and development of future technologies. “xAI […]

May 27, 2024 68

BUSINESS

Dangote refinery: Diesel, JetA1 hit market January, petrol delayed

The Dangote Petroleum Refinery is set to start producing Automotive Gas Oil, also known as diesel, and JetA1 or aviation fuel in January 2024, while the production of Premium Motor Spirit, popularly called petrol, is being delayed by the supply of crude oil in installments. It was gathered on Sunday that the facility would require a minimum of six million barrels of crude oil to kick-start the full production of […]

December 11, 2023 98

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