The Federal Government has issued bonds worth N1.23 trillion to settle a significant portion of its historical debts owed to power generation companies (Gencos), with the remaining balance scheduled for …
Federal Government Clears N1.23trn Power Sector Debt, Targets Complete Settlement in 2026 Read More
Ride-hailing operators staged demonstrations across Lagos to protest unsatisfactory payouts on the Bolt and inDrive networks, pressing management for higher tariffs to offset escalating fuel expenses and vehicle upkeep costs. …
Lagos Ride-Hailing Drivers Protest Low Earnings, Demand Higher Fares Read More
Crude oil markets experienced a two percent increase on Monday, driven by fresh strikes from Yemen’s Iran-backed Houthi movement against Saudi Arabia, which intensified apprehensions surrounding international supply stability ahead …
Crude Oil Prices Jump 2% Following Renewed Houthi Drone and Missile Strikes on Saudi Arabia Read More
The Federal Government has restated its dedication to deepening economic ties with Germany, placing special focus on driving investments, building energy partnerships, and fulfilling existing bilateral accords. Minister of Budget …
Nigeria and Germany Strengthen Economic Partnership to Boost Investment and Energy Cooperation Read More
President Bola Ahmed Tinubu has expressed optimism regarding the World Bank’s October 2026 Nigeria Development Update, noting that the data validates his administration’s economic policies and demonstrates that the country …
World Bank Report Validates Economic Reforms, Says Tinubu Read More
President Bola Tinubu has expressed approval of the October 2026 Nigeria Development Update published by the World Bank, asserting that its conclusions demonstrate how his administration’s economic policies are producing …
Tinubu Welcomes World Bank Report, Declares Economic Reforms Are Bearing Fruit Read More
The Federal Government has formally established a ministerial committee designed to halt the ongoing destruction of power infrastructure across the nation. Speaking at the committee’s inaugural meeting, the Minister of …
Federal Government Establishes Panel to Combat Power Infrastructure Vandalism Read More
The 2026 World Bank Group Meetings officially commenced on Sunday in Bangkok, Thailand, convening international government officials, corporate executives, civil society delegates, and academic experts to deliberate on critical global …
2026 World Bank Group Meetings Kick Off in Bangkok to Address Global Development Challenges Read More
The Nigerian Bulk Electricity Trading Plc (NBET) has initiated financial payouts to participating power generation companies (GenCos) alongside their respective gas suppliers, following the official rollout of N728.979 billion in …
NBET Disburses N728.9bn to Settle Legacy Debts owed Power Generating Firms Read More
The Nigerian Supreme Council for Islamic Affairs (NSCIA) is urging the Federal Government to take immediate steps to significantly lower food and transportation expenses in order to ease the severe …
Sultan Calls On Federal Government To Reduce Food And Transport Costs, Overhaul Security Read More