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EPILEPTIC POWER: Stranded generation capacity hits 2,275MW in 5 years

…As GenCos frown over 33.6% deficiency in evacuation By Mariam Eko Nigeria’s power supply crisis seems to be unabated as stranded electricity generation capacity rose by 1.19 per cent to 2,275 megawatts, MW, over a five-year period, highlighting persistent weaknesses in the country’s transmission infrastructure and worsening liquidity challenges across the power value chain. Operational data […]

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Banks report higher loan default rates in Q4’25

By Babajide Komolafe Banks have recorded an increase in loan defaults by households and corporates  in the fourth quarter of 2025, reflecting growing repayment pressures on consumers and businesses. “The Central Bank of Nigeria’s (CBN) disclosed this in its Credit Conditions Survey (CCS) Report for Q4 2025, which revealed that lenders experienced higher default rates on […]

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Nigeria’s oil output drops 8.3% to 1.544m bpd

By Udeme Akpan, Energy Editor The Nigerian Upstream Petroleum Regulatory Commission (NUPRC), the oil and gas industry regulator, said Nigeria’s oil output, including condensate, dropped significantly by 8.3 percent year-on-year (YoY) to 1.544 million bpd in December 2025 from 1.684 million recorded in the corresponding period of 2024. The Commission did not provide reasons in its […]

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Ekpoma riots: Group demands release of detained Okpebholo’s ex-aide

By Ozioruva Aliu BENIN CITY – OVER one week after the anti-kidnapping protests in Ekpoma, Edo State that went violent, leading to the arrest of many, a group, Edo State Civil Society Coalition for Human Rights, yesterday, called for the unconditional release of Collins Aigbogun, the former Special Adviser to Governor Monday Okpebholo from police […]

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Police Inspector shoots colleague dead, injures another

By Davies Iheamnachor PORT HARCOURT— An Inspector of Police identified as Victor Okus, has shot two of his colleagues, following an altercation in Port Harcourt, Rivers State. Although the cause of the shooting is still sketchy, it was gathered that the policemen attached to 17 Police Mobile Force, PMF, were on special duty at Intels, […]

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Police arrest key suspect in last year’s abduction of Bayelsa judge

By Samuel Oyadongha Yenagoa—The police in Bayelsa State have arrested alleged key suspect in the June 2015, abduction of the state High Court Judge, Justice Eniyerin Omukoro. The suspect, popularly known as ‘Ogbono’ said to be a post graduate student of a federal university, was arrested by operatives of Operation Puff Adder of the Bayelsa […]

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