Discos Collect ₦553.63bn in Q1 2025 According to NERC
Electricity Distribution Companies (Discos) in Nigeria collected ₦553.63 billion in revenue during the first quarter of 2025, according to the...
House Committee Approves N774.77bn Budget for NIMASA in 2025
The House of Representatives Committee on Maritime Safety, Education and Administration has approved the 2025 budget proposal of ₦774.77 billion...
TCN Warns Vandalism Threatens Nigeria’s Power Supply Stability
The Transmission Company of Nigeria (TCN) has raised serious concerns over the persistent vandalism of its infrastructure, warning that the...
Shettima Urges Judiciary to Bolster Capital Market Confidence with Timely, Sound Judgments
Vice President Kashim Shettima has called on the Nigerian judiciary to play a stronger role in supporting the nation’s capital...
Asian Markets Rebound as Trump Signals Openness to Trade Talks
Most Asian stock indexes climbed on Tuesday after U.S. President Donald Trump left the door open for additional trade negotiations,...
Oil Prices Edge Lower on Tariff Worries, OPEC+ Output Hike
Oil prices retreated on Tuesday, easing after nearly 2% gains in the previous session, as markets responded to fresh U.S....
World Bank Again Classifies Nigeria as Lower-Middle Income Economy in 2025/2026 Report
For yet another year, the World Bank has classified Nigeria among the Lower-Middle Income Economies (LMIEs) in its 2025/2026 country...
Reps Push for Full Enforcement of 5% Petroleum User Charge to Fund Road Maintenance
The House of Representatives has reaffirmed its commitment to ensuring the full implementation of the 5% user charge on petroleum...
NUPRC Generates ₦28.11bn from Oil Licence Fees in First Five Months of 2025
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has generated a total of ₦28.11 billion in miscellaneous oil revenue tied to...
FG Seeks $60m Climate Finance for Green Energy Hubs, Airport Hybrid Project
The Federal Government of Nigeria has commenced talks with international financial institutions to secure over $60 million in climate finance...
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