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The Transmission Company of Nigeria, TCN, has explained that the collapse of its towers along the Kaduna State Town Line I and II in Rigasa community is the reason for outages in parts of the state, particularly Southern Kaduna. TCN disclosed this in a statement issued by its spokesperson, Ndidi Mbah, on Saturday. According to TCN, the electricity towers collapsed due to a heavy downpour and windstorm on Thursday, September 18, 2025. To mitigate the impact of the collapse, TCN urged Kaduna Electricity Distribution Company, KAEDCO, to link its 33kV Mogadishu feeder with the 33kV Abakwa feeder to enable electricity…

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The Federal Capital Territory (FCT) Police Command has arrested three suspected members of a one-chance robbery gang that has been terrorising commuters in Abuja. According to police sources, the arrest followed a report by a victim who was attacked on April 30, 2025, after boarding a commercial vehicle heading to the Central Area. The victim said that midway through the trip, “the driver and another passenger pulled a knife on me, took ₦80,000 cash, two mobile phones, and other belongings.” He added that the gang also collected his ATM card and PIN, then withdrew ₦2.7 million from his account through…

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Super Eagles striker Paul Onuachu scored a brace for Trabzonspor in their dramatic 4-3 victory over Fatih Karagumruk at the Ataturk Olimpiyat on Saturday, Soccernet.ng reports. Onuachu led the line for Trabzonspor when they traveled to Istanbul to take on Karagumruk at their 75,000-capacity stadium. Both clubs hadn’t had many high goalscoring games since the [……Read More

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Since joining Celtic, Kelechi Iheanacho has delivered two goals and one assist… Super Eagles striker Kelechi Iheanacho scored a goal, but it was ruled out by VAR, as Celtic settled for a goalless draw against Hibernian at Celtic Park, Soccernet.ng reports. Hoops boss Brendan Rodgers gave Iheanacho his first Scottish Premier Leage start when they [……Read More

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Nigerian Banks Pay Out N135bn Dividends Amid Economic Challenges   Four of Nigeria’s leading financial institutions—United Bank for Africa, Zenith Bank, Guaranty Trust Holding Company, and Stanbic IBTC Holdings—have rewarded their shareholders with interim dividends amounting to about N135.49bn for the half-year ended June 30, 2025. The dividend payment…Read More

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The Executive Chairman of the Federal Inland Revenue Service (FIRS), Dr. Zacch Adedeji, has defended Federal Government’ borrowing plan and dismissed critics who oversimplify complex fiscal issues. The post FIRS Boss Defends FG Borrowing, Blames Ignorance for Criticism appeared first on Economi Confidential…Read More

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Naira Strengthens to ₦1,495 in Black Market on Sept 25 The naira strengthens against the US dollar on Thursday, September 25, appreciating in the parallel market while maintaining stability at the Nigerian Foreign Exchange Market (NAFEM). Currency dealers in Abuja told Economic Confidential that the naira exchanged at ₦1,485/$1 for buying and ₦1,495/$1 for selling…Read More

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