Naira Holds Steady at ₦1,373/$ as Forex Market Maintains Stability
The naira remained stable against the United States dollar on Wednesday, according to the latest available data from the Central...
Anambra Signs Four Electricity Laws to Boost Power Supply, End Distribution Monopoly
The Anambra State Electricity Regulatory Commission (ASERC) has announced that four new regulatory instruments have been signed into law to...
MAN: Tinubu’s Reforms Push Manufacturers’ Alternative Energy Costs to N1.34tn
The Manufacturers Association of Nigeria (MAN) has said that economic reforms introduced by President Bola Tinubu’s administration have significantly increased...
Moniepoint CEO: Credit Will Drive Next Phase of Nigeria’s Payments Growth
The founder and Chief Executive Officer of Moniepoint, Tosin Eniolorunda, has said the next stage of growth in Nigeria’s payments...
TCN Extends Outage on Jos-Bauchi-Gombe Transmission Line Until June 30
The Transmission Company of Nigeria (TCN) has extended the scheduled outage on the Jos-Bauchi-Gombe 330kV Single Circuit transmission line until...
CBN Reassigns Four Deputy Governors in Leadership Reshuffle
The Central Bank of Nigeria (CBN) has reassigned all four deputy governors in a major leadership reshuffle aimed at strengthening...
DisCos Collect Nearly N600bn Despite Power Supply Challenges in Q1 2026
Nigeria’s Electricity Distribution Companies (DisCos) collected nearly N600bn from electricity consumers in the first quarter of 2026, despite persistent power...
AfDB: Nigerian Banks Lend Only 9.4% of GDP to Private Sector
The African Development Bank (AfDB) has revealed that banks in Nigeria lend the equivalent of only 9.4 per cent of...
IMF Warns Against Broad Subsidies, Price Controls as Energy, Food Costs Rise
The International Monetary Fund (IMF) has warned governments against relying on broad subsidies, price controls, and tax cuts to cushion...
Tomatoes, Beans, Garri Prices Rise in April Despite Annual Decline in Food Costs — NBS
The National Bureau of Statistics (NBS) has reported fresh increases in the prices of several food items, including tomatoes, beans,...
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