Economy
AEDC Announces Power Outage Across Parts of Abuja
The Abuja Electricity Distribution Company has announced a major power outage affecting several parts of Abuja, including residential areas, hotels, government offices, and...
NCCE Introduces Dual Mandate Policy to Ease Pressure on University Admissions
The National Commission for Colleges of Education has announced that its newly introduced Dual Mandate Policy will help reduce the growing pressure on...
Seplat Unveils Five Year Growth Plan Targets 500000 Barrels Daily Production
Seplat Energy Plc has unveiled an ambitious five year growth strategy aimed at increasing oil production to 500000 barrels per day while delivering...
Afolabi Calls for Creation of Large African Corporations to Drive Continental Growth
Chairman of SIFAX Group, Dr Taiwo Afolabi, has called on African entrepreneurs, investors, and business leaders to shift focus from fragmented small scale...
Makinde Signs Executive Order to Regulate Security Groups in Oyo State
Oyo State Governor, Seyi Makinde, has signed into law Executive Order 001 of 2026 aimed at regulating associations, groups and organisations involved in...
CBN Retains Interest Rate at 26.5 Percent Amid Inflation Concerns
The Central Bank of Nigeria, CBN, has retained the Monetary Policy Rate, MPR, at 26.5 percent as part of efforts to sustain macroeconomic...
Keyamo Raises Concerns Over Aviation Financing Challenges, Announces Major Reforms
Minister of Aviation and Aerospace Development, Festus Keyamo, has expressed concern over persistent challenges affecting Nigeria’s aviation financing ecosystem, including customs bottlenecks, foreign...
FCCPC Clears Mikano International of Financial Liabilities
The Federal Competition and Consumer Protection Commission, FCCPC, has confirmed that Mikano International Limited has fully complied with the Commission’s directives and has...
Naira Weakens Slightly Against Dollar at Official and Black Markets
The Nigerian naira recorded a slight depreciation against the United States dollar on Tuesday, May 19, 2026, across both the official Nigerian Foreign...
FG Moves to Revive Nigeria Paper Industry and Cut Import Dependence
The Federal Government has begun efforts to tackle fiscal and policy challenges affecting Nigeria’s paper manufacturing industry as part of plans to strengthen...
