Category : Search result: power sector probe


Edo Assembly Threatens Arrest Warrant for Obaseki

The Edo State House of Assembly threatens to issue an arrest warrant against ex-Governor Godwin Obaseki for failing to appear before a probe into N31.8bn MOWAA and Radisson Hotel projects. Read the full details.

EU Investigates Meta Over WhatsApp AI Competition

The European Union has opened an antitrust investigation into Meta, concerned its new WhatsApp AI policy may stifle competition. This marks the bloc's latest move to regulate Big Tech.

Gucci, Prada, Versace in Italy Sweatshop Probe

Milan prosecutors target 13 luxury brands over suspected labour exploitation in their supply chains. Find out which major fashion houses are involved and the legal implications.

House Probes Missing N30bn NSIPA Fund, Demands Action

The House of Representatives investigates over N30bn recovered from NSIPA, demanding its release to restart vital poverty-alleviation schemes. Lawmakers warn delayed funds worsen hardship. Read more.

Nigeria's Economy Grows 3.98% in Q3 2025

Nigeria's economy expanded by 3.98% in Q3 2025, with services and agriculture leading growth. The non-oil sector remains a key driver. Discover the full breakdown and what it means for the nation's economic outlook.

Reps Probe Missing ₦30bn NSIPA Funds

The House of Representatives investigates the whereabouts of over ₦30bn recovered from NSIPA, demanding its release to restart vital poverty-alleviation programmes. Read the full story.

Nigeria's GDP Hits 3.98% in Q3 2025

Nigeria's economy expanded by 3.98% in Q3 2025, fueled by strong performances in Agriculture, ICT, and Finance. Get the full breakdown of the NBS report and what it means for the nation's growth trajectory.

DisCos Record N45b Revenue Shortfall in September 2025

NERC data reveals electricity distributors collected N196.26b of N241.54b billed in September 2025, creating N45.28b shortfall. Collection efficiency improved to 81.25%. Discover which DisCos performed best.

CIT Revenue Reaches N2.78 Trillion in Q2 2025

Federal government records N2.78 trillion company income tax in Q2 2025, a 40.27% quarterly increase. Financial services sector drives growth while manufacturing faces challenges.

CIT Revenue Reaches N2.78 Trillion in Q2 2025

Federal government records N2.78 trillion company income tax in Q2 2025, a 40.27% quarterly increase. Financial services sector dominates while manufacturing faces challenges.

EFCC to Probe Kogi Local Government Funds

The EFCC vows to investigate alleged diversion of Kogi LG funds following a youth protest. Groups demand transparency and accountability in grassroots governance.

Reps Launch Probe Into Power Sector Failures

The House of Representatives vows to fix Nigeria's electricity crisis, launching a major investigation into 17 years of sector failures and proposing a new bill to combat energy theft.

FG Commends Schneider Electric on Power Sector Reforms

Federal Government applauds Schneider Electric's 25-year contribution to Nigeria's power sector through energy efficiency and digital automation. Discover how this partnership drives sustainable growth.

Reps Threaten Arrest in Naira-for-Crude Probe

The House of Representatives issues a 7-day ultimatum to MDAs, threatening arrest warrants for non-compliance with the Naira-for-Crude Oil policy investigation. Full details on the escalating standoff.

Nigeria to earn $1bn from electricity exports

Nigeria plans to generate N1.49 trillion annually by exporting 600MW of electricity to 15 West African countries following successful grid synchronization tests. Full details on this energy breakthrough.

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