NewsDeskNg, Author at News Desk Nigeria

Kwankwaso: Obi, I Signed One-Term Pact, North To Take Over in 2031

NewsDeskNgJul 21, 2026July 21, 20260

Kwankwaso says he and Peter Obi signed a one-term agreement to return presidential power to the North in 2031. Former Kano State governor and vice presidential candidate of Nigeria Democratic Congress (NDC), Senator Rabiu Kwankwaso, on Monday, disclosed that he and the party’s presidential candidate, Mr. Peter Obi, had signed...

Court Affirms FCCPC’s Powers To Regulate Over N400bn Airtime Lending Market

NewsDeskNgJul 21, 2026July 21, 20260

Federal High Court upholds FCCPC’s authority to regulate digital consumer lending, clearing enforcement of airtime credit regulations nationwide. The Federal High Court in Lagos has delivered a judgement affirming the powers of the Federal Competition and Consumer Protection Commission (FCCPC) to regulate Nigeria’s digital consumer lending market, including airtime and...

FG, NASS Push Unified Power Regulation, NERC Rolls Out Grid Audit Rules

NewsDeskNgJul 21, 2026July 21, 20260

Federal Government and National Assembly back harmonised electricity regulation as NERC introduces mandatory five-year audits of transmission infrastructure. The federal government and the National Assembly have reaffirmed their commitment to ensuring seamless collaboration between federal and state electricity regulators as Nigeria transitions to a decentralised electricity market. Besides, the Nigerian...

11 Days To Deadline, Insurers Shun Mergers As Recapitalisation Race Intensifies

NewsDeskNgJul 21, 2026July 21, 20260

Insurance firms reject merger option, scramble to raise fresh capital as NAICOM’s recapitalisation deadline draws closer amid uncertainty. Just 11 days to the insurance sector’s recapitalisation deadline slated for July 31 by National Insurance Commission (NAICOM), none of the existing 60 insurance and reinsurance firms has considered merger and acquisition...

Oyedele: Tinubu Didn’t Borrow N80tn, Debt Surge Driven by FX, Legacy Liabilities

NewsDeskNgJul 21, 2026July 21, 20260

Finance minister says exchange rate changes, inherited liabilities and refinancing not fresh borrowing largely drove Nigeria’s rising public debt. The Minister of Finance and Coordinating Minister of the Economy, Mr. Taiwo Oyedele, on Monday mounted a robust defence of President Bola Tinubu’s borrowing record, insisting that contrary to widespread public...

Gov. Bago Flags Off 500-Unit Housing Estate in Kontagora, Unveils New Residential Layout

NewsDeskNgJul 21, 2026July 21, 20260

Niger State Governor, Mohammed Umaru Bago, has inaugurated the residential layout plan for a proposed 500-unit housing estate in Kontagora as part of efforts to expand access to affordable housing and promote urban development in the state. Governor Bago, popularly known as the “Farmer Governor,” said the 40-hectare land designated...

Bishop Oyedepo Reordains Pst Korede, Esther Komaiya While Pst Ibiyeomie Carried the Oil in His Hands

NewsDeskNgJul 20, 2026July 20, 20260

The City of Warri, Delta State, came alive and Warri airport covered with private jets, as the Senior Pastor of Master’s Place International Church, Pastor Korede Komaiya, dedicated the magnificent Dreamland, Masters City. The city witnessed an influx of visitors from across Nigeria and beyond, with the Warri Airport reportedly...

FIFA Set To Investigate Behaviour Of Argentina After The Final Whistle At The World Cup Final

NewsDeskNgJul 20, 2026July 20, 20260

FIFA is set to investigate Argentina after the World Cup final brawl with Spain players, with players and football federation facing possible disciplinary action. Fifa has opened an investigation into the post-match brawl that followed Argentina’s World Cup final defeat to Spain, with players and the country’s football federation facing...

Court Clears FCCPC To Resume Digital Lending Rules

NewsDeskNgJul 20, 2026July 20, 20260

Court clears FCCPC to enforce digital lending regulations again, restoring oversight aimed at protecting consumers from unfair lending practices nationwide. The Federal Competition and Consumer Protection Commission (FCCPC) has resumed the implementation and enforcement of its Digital, Electronic, Online or Non-Traditional Consumer Lending Regulations, 2025, after a Federal High Court...

Ansaru Commanders Get Life Sentences After Admitting To Terrorism

NewsDeskNgJul 20, 2026July 20, 20260

Two Ansaru commanders receive life sentences after pleading guilty to terrorism, kidnapping, terror financing and other related offences. ‎Mahmud Usman and Abubakar Abba commanders of Ansaru, an Al-Qaeda-affiliated terror group, have been handed life sentences by a Federal High Court for terrorism.‎‎Both men arrested by the Department of State Services...