April 2026 – Page 99

Nigeria’s Markets Gain Credibility As Exit Route For Investors

21.04.2026

The Group Managing Director and Chief Executive Officer of Nigerian Exchange Group (NEG) Temi Popoola has said Nigeria’s capital markets are beginning to establish credibility as a viable exit route for institutional investors, citing recent transactions and structural reforms aimed at improving market function. “The true test of any market is not entry, but exit,”...

Petrol price drop in doubt after Hormuz disruption

21.04.2026

The decision by Iran to reclose the Strait of Hormuz has dampened hopes that fuel prices would crash in Nigeria. The Strait of Hormuz was opened on Friday following a ceasefire deal between Iran and the United States. But barely 24 hours later, Iran reclosed the strait, calling the decision a response to a continued...

Nigerian Govt Flags Risks in Solar Panel Installations

21.04.2026

The Federal Government, through the Nigerian Electricity Management Services Agency, has raised the alarm over the increasing number of fire incidents linked to improperly installed rooftop solar photovoltaic systems across the country. As Nigeria’s power sector continues to operate below expectations, many Nigerians are turning to solar to escape blackouts. However, cases of fire outbreaks...

CBN, NCC Close Ranks To Tame Digital Fraud In Financial Sector

21.04.2026

…sign MoU on data sharing The Central Bank of Nigeria (CBN) and the National Communications Commission (NCC) have forged collaboration to curb prevalence of electronic financial fraud associated with the digital payment system by improving consumer protection. CBN Governor, Mr Olayemi Cardoso, and Executive Vice Chairman of NCC, Dr Aminu Maida, signed a Memorandum of...

FG’s 4,000MW Nigeria Power Grid Boost Gains State Support

21.04.2026

The Federal Government’s drive to improve Nigeria’s power infrastructure has received a boost as FGN Power Company Limited intensified engagements with subnational authorities in Ebonyi and Enugu states to advance the Presidential Power Initiative. The company said the high-level meetings with both state governments were aimed at accelerating Phase 1 of the PPI, a flagship...

Court Affirms FCCPC’s Right To Investigate Consumer Complaints

21.04.2026

The Federal High Court, Abuja has affirmed the power of Federal Competition and Consumer Protection Commission (FCCPC) to receive complaints, assess matters brought before it, and take appropriate lawful steps, including investigation where necessary. In a judgment delivered yesterday by Justice James Omotosho, he dismissed the suit filed by Air Peace Limited challenging the Commission’s...

Kano North Backs Barau Jibrin, Rejects Gwarzo’s Moves

21.04.2026

Stakeholders in Kano North Senatorial District, on Monday, reaffirmed their confidence in the Deputy President of the Senate, Senator Barau I. Jibrin, while dismissing recent political moves by rival aspirants as lacking relevance and grassroots support. A press statement issued by the Chairman of the Kano North Political Stakeholders Forum, Aliyu Abbas Gumawa Gabasawa, said...

Nigeria Adopts Global Standards for $31.5bn SDG Goal

21.04.2026

Nigeria has intensified its strategic drive to align with global sustainability reporting standards, a move experts describe as the master key to unlocking the massive capital required to bridge the nation’s Sustainable Development Goals financing gap. By adopting the International Sustainability Standards Board framework, the country aims to secure the estimated $31.5bn needed annually to...

ICWAE, COPESA Launch Global Advocacy Initiative In Nasarawa

21.04.2026

The International Caribbean Women Alliance for Empowerment (ICWAE), in collaboration with the Community Participation and Empowerment for Sustainable Development (COPESA), has launched its 2026 global advocacy initiative with simultaneous events held across three states in Nigeria. The launch was hosted at the National Youth Service Corps (NYSC) Secretariat in Nasarawa State, Our Lady of Victory...

Kwara APC Stakeholders Seek Reps Slot For Moro LGA

21.04.2026

…Say equity, justice, fairness make this demand imperative Stakeholders of the All Progressives Congress (APC) in the Moro Local Government Area of Kwara State have appealed to aspirants vying for the House of Representatives’ seat of the Edu/Moro/Patigi federal constituency in the 2027 election, particularly from the Edu Local Government Area, to concede the slot...