Coca-Cola Company has entered into an agreement to sell Chivita|Hollandia (CHI Limited), the producer of Chivita and Hollandia brands, to UAC of Nigeria PLC (UAC). The disclosure was contained in a statement signed by Zainab Obagun, Head, Public Affairs & Communications, Chivita|Hollandia (CHI Limited), on Wednesday. According to the statement, the transaction, which is subject […]

Electricity consumers across Nigeria failed to pay N70.25 billion in May 2025, according to the latest commercial performance report released by the Nigerian Electricity Regulatory Commission. The 12 electricity distribution companies billed a total of N261.82bn during the month but collected only N191.57bn, representing a collection efficiency of 73.17 per cent. This marked a 4.42 […]

The Federal Inland Revenue Service has discontinued the issuance of tax exemption certificates to all categories of taxpayers, including pioneer status companies, non-governmental organisations, and free zone entities. In a public notice signed by its Executive Chairman, Zacch Adedeji, the agency declared that no further tax exemption certificates would be issued, warning that previously granted […]

Importers have dropped petrol prices below the price offered by the Dangote Petroleum Refinery, sparking a new wave of competition. This comes amid a call by the President of the Dangote Group, Alhaji Aliko Dangote, for the Federal Government to ban fuel importation. Findings by our correspondent showed that some filling stations now sell petrol […]

The United States Embassy in Nigeria has raised concerns over the extravagant spending habits of Nigerian state governors, warning that such alleged fiscal recklessness deepens inequality and undermines public trust in governance. In a post on its official X (formerly Twitter) account on Tuesday, the embassy shared a recent investigative report by The Africa Report […]

President Bola Tinubu  The political and civic leadership of Northern Nigeria converged in Kaduna on Tuesday for a landmark assessment of President Bola Tinubu’s administration, an event that laid bare deep divisions within the region over claims of marginalisation and the performance of the Federal Government. While some stakeholders lauded Tinubu’s developmental strides and appointments […]

President Bola Tinubu The long-simmering debate over Nigeria’s power rotation arrangement flared up again on Tuesday as northern political leaders, technocrats, traditional rulers, and civil society actors converged on Kaduna to assess President Bola Tinubu’s performance two years into his tenure. The high-powered meeting, convened by the Sir Ahmadu Bello Memorial Foundation and held at […]

Former SGF, Babachir Lawal Ex-Secretary to the Government of the Federation (SGF), Babachir Lawal, has stated that all elected officials in the North, including governors seeking re-election, will not be re-elected unless they join the opposition African Democratic Congress. He declared this during an interview on Trust TV’s Sunday Politics, Lawal alleging that the ruling […]