Economy
Nigeria Electricity Sector Records N14.3/kWh Drop in Subsidy Gap in February 2026
The Nigerian Electricity Supply Industry has recorded a N14.3 per kilowatt hour reduction in subsidy exposure for customers under the Distribution Companies in...
Adegboruwa (SAN) Criticises N100m Defamation Judgment Against SERAP, Vows Appeal
Senior Advocate of Nigeria Ebun Olu Adegboruwa has described the judgment of the High Court of the Federal Capital Territory ordering the Socio...
FG Partners Airbus to Transform Nigeria’s Aviation Sector with New MoU
The Federal Government has entered into a strategic partnership with European aircraft manufacturing giant Airbus aimed at boosting Nigeria’s aviation infrastructure, maintenance capacity,...
Court Remands Ex Skye Bank Chairman Ayeni Over Alleged N15.6bn Fraud
A High Court of the Federal Capital Territory sitting in Apo Abuja has ordered the remand of Tunde Ayeni former chairman of the...
Naira Holds Steady Against Dollar as May Trading Opens
The Nigerian currency, Nigerian Naira, began the first week of May on a relatively stable note against the United States Dollar across key...
Nigerian Stock Market Soars as Investors Gain N26.48 Trillion in April Rally
The Nigerian equities market closed April 2026 on a strong bullish note, with investors recording massive gains of N26.487 trillion amid sustained buying...
Value Addition Key to Unlocking Nigeria’s Food Wealth, Says NABG President
The President of the Nigeria Agribusiness Group, Kabir Ibrahim, has emphasized that value addition across the agricultural value chain remains the most effective...
Nigeria Power Supply Crisis Deepens as Electricity Band System Fails Consumers
Nigeria’s electricity band classification system is rapidly losing credibility as power supply across major cities continues to fall far below promised levels, leaving...
Nexgen Energy Hub Drives Renewable Energy Knowledge Sharing in Ibadan
Stakeholders in the renewable energy sector recently gathered in Ibadan for a capacity building engagement aimed at improving service delivery and strengthening Nigeria’s...
Fuel Price Hike Forces FCT Residents to Abandon Cars as Transport Costs Surge
Many car owners in the Federal Capital Territory have been forced to abandon their personal vehicles and resort to public transportation following the...
