DisCos Record N63.46bn Revenue Shortfall as Recovery Efficiency Drops in January 2026
Nigeria’s electricity distribution companies (DisCos) recorded a revenue shortfall of N63.46 billion in January 2026 as recovery efficiency declined to...
Imported Petrol Cheaper Than Dangote Refinery Supply — World Bank
The World Bank has disclosed that imported Premium Motor Spirit (PMS), also known as petrol, is currently cheaper than fuel...
FG Pushes Expansion of MOFI Real Estate Investment Fund to Boost Affordable Housing
The Federal Government has called for the expansion of the MOFI Real Estate Investment Fund to make affordable housing more...
Nigeria Loses Up to N8bn Monthly to Transmission Inefficiencies, Says NISO Boss
The Managing Director and Chief Executive Officer of the Nigerian Independent System Operator, Abdu Bello, has revealed that Nigeria’s power...
World Bank Raises Concern Over Nigeria’s N4tn Power Sector Bond Programme
The World Bank has expressed concern over the Federal Government’s plan to settle about N3.3tn owed to power-generating companies, warning...
FirstBank Sponsors Second Edition of ChessMasters School Tournament in Lagos
FirstBank has announced its strategic sponsorship of the second edition of ChessMasters, Africa’s largest school chess tournament. The announcement was...
Pipeline Security Boosts Nigeria’s Oil Output to 1.71mbpd – NNPC
The establishment of integrated pipeline security measures in the Niger Delta has significantly boosted Nigeria’s crude oil production, rising from...
Nigeria’s Company Income Tax Falls to N1.49tn in Q4 2025 – NBS
Nigeria’s Company Income Tax collections dropped sharply to N1.49 trillion in the fourth quarter of 2025, representing a significant decline...
Amaka Onwughalu Assumes Role as Chairman of Fidelity Bank Board
Amaka Onwughalu has assumed office as the Chairman of the Board of Directors of Fidelity Bank Plc, effective January 1,...
FG Inaugurates New Governing Board for Nigeria Commodity Exchange
The Federal Government has inaugurated the newly reconstituted governing board of the Nigeria Commodity Exchange as part of efforts to...
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