The Federal Government has floated a ₦590bn sovereign bond as the first step toward clearing the more than ₦4tn owed to power generation companies, GenCos, in what it describes as a critical move to restore liquidity and confidence in the electricity market. For years, GenCos have warned that mounting unpaid invoices from the Nigerian Bulk Electricity Trading Plc and the Market Operator have undermined their ability to maintain plants, invest […]

Governor Peter Mbah of Enugu State has called for an urgent overhaul of Nigeria’s financing structures for the manufacturing sector, warning that current commercial interest rates—estimated between 30 and 37 percent—are unsustainable and detrimental to industrial growth. Mbah, who was represented by Deputy Governor Barr. Ifeanyi Ossai at the 37th Annual General Meeting, Awards and Gala Night of the Manufacturers Association of Nigeria (MAN) Southeast in Enugu, said the prevailing […]

Celebrated Nollywood actress and filmmaker, Dayo Amusa, has been elected the National Vice President of the Actors Guild of Nigeria (AGN) following a successful national election held in Benin City, Edo State. In a statement issued by her media office on Monday, December 8, 2025, Amusa described her emergence as a reflection of her dedication to the development of the Nigerian film industry. “My emergence as the AGN National Vice […]