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The Nigerian electricity distribution companies (DisCos) have rejected a new directive from the Nigerian Electricity Regulatory Commission (NERC) requiring them to set up dedicated capital expenditure (CapEx) accounts, calling it an intrusion into the management of privately owned utilities. The post DisCos Reject Order to Lock 70% of Revenue in CapEx Accounts appeared first on Economi Confidential…Read More

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Global oil prices surged past $80 per barrel on Monday after renewed confrontation between the United States and Iran raised fears over shipping through the Strait of Hormuz, a vital oil transit route. The post Oil Prices Surge Above $80 Amid Renewed US-Iran Clash appeared first on Economi Confidential…Read More

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An international think tank of African professionals, ‘The Pan-African Dialogue Institute’ TPADI has appealed to the federal government to formally declare May 25, Africa Day, as a National Public Holiday in Nigeria. It noted that such a declaration will be in recognition of the collective struggle of African people against colonialism, apartheid, racial oppression, cultural dominance as a reminder that Africans share a common history, wounds, aspirations, and ultimately, a common destiny. Addressing a world press conference in Uyo, Akwa Ibom State capital in commemoration of the 2026 Africa Day, President of TPADI, Effiong Joseph Udo, an associate professor, regretted…

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National Sports Commission (NSC) Director General Bukola Olopade has dismissed reports suggesting Super Eagles head coach Eric Chelle could leave Nigeria for another African national team, Soccernet.ng reports. DG Olopade maintains that the Franco-Malian tactician remains fully committed to the country’s long-term football project. Chelle appears to feature prominently on the wishlist of several nations [……Read More

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​Portuguese side SC Braga has officially confirmed the signing of young Nigerian defender Adebisi Olamikun from Inter Lagos, Soccernet.ng reports. ​In recent years, Inter Lagos has consistently produced top-tier talent, successfully facilitating their transition to European clubs for further professional development. Olamikun, widely regarded as one of the club’s standout performers…Read More

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