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Essential Nigeria News

Sunday, June 14, 2026 Volume XXIII Breaking News & Latest Updates
MTN, 37 Others Generated 600MW Without Licences – LASERC Breaking News

MTN, 37 Others Generated 600MW Without Licences – LASERC

The Lagos State Electricity Regulatory Commission (LASERC) has raised serious concerns after discovering that MTN Nigeria and 38 other companies generated a combined 600 megawatts of electricity without valid licences. This revelation highlights ongoing gaps in the regulation of power generation ami...

By Esther Speaks June 08, 2026
Oil Sector Regulators Target Reduced Compliance Costs Breaking News

Oil Sector Regulators Target Reduced Compliance Costs

Nigeria’s oil and gas regulators are taking concrete steps to make doing business easier and cheaper in the upstream sector. The Nigerian Upstream Pet...

6 0
5 days ago
Reps Recover N521m VAT from CBN Breaking News

Reps Recover N521m VAT From CBN

In a significant win for transparency and revenue recovery, the House of Representatives Public Accounts Committee has successfully retrieved ₦521.77...

7 0
5 days ago
Traditional Insurers Risk Corporate Extinction, Warns CBI Boss Business

Traditional Insurers Risk Corporate Extinction, Warns CBI Boss

The insurance industry in Nigeria is at a crossroads, and traditional operators risk fading into irrelevance if they fail to embrace digital innovatio...

11 0
5 days ago
Mutual Benefits Records Strong Growth Across Key Metrics Breaking News

Mutual Benefits Records Strong Growth Across Key Metrics

Nigeria’s insurance sector is witnessing impressive performance as Mutual Benefits Assurance Plc delivers robust results for 2025. The company has pos...

6 0
5 days ago