Nigeria’s Debt Servicing Rises to N15.81tn in 2025 Amid Surge in Domestic Interest Payments
Nigeria’s total debt servicing climbed to N15.81tn in 2025, representing a N2.98tn increase from N12.83tn recorded in 2024, according to...
FCCPC Warns Firms Against Unapproved Mergers, Signs Lagos Consumer Protection Pact
The Federal Competition and Consumer Protection Commission (FCCPC) has warned companies, legal advisers, and transaction stakeholders against completing mergers and...
Dangote Group Records First Oil from Upstream Assets, Targets Higher Output
The Dangote Group has recorded its first oil from upstream assets and is aiming to begin pumping marketable crude in...
NNPC Crude Shipments to Dangote Refinery Hit 6.8 Million Barrels in April
Crude oil supply from the Nigerian National Petroleum Company Limited’s trading arm surged in April 2026, with shipment records showing...
Nigeria’s VAT Revenue Set for Growth as Consumption, Inflation Boost Spending — Quest Merchant Bank
Nigeria’s value-added tax (VAT) revenue is expected to maintain an upward trajectory as improving consumer demand and rising price pressures...
FGN Accelerates Power Infrastructure Projects in Ebonyi, Enugu Under Presidential Power Initiative
The Federal Government, through the FGN Power Company, is intensifying efforts to strengthen electricity infrastructure in Ebonyi State and Enugu...
Banks Park N4.1tn with CBN Despite System Liquidity Deficit
Banks operating in Nigeria deposited about N4.1 trillion with the Central Bank of Nigeria over five days, even as the...
DisCos Remit N77.99bn in Q4 2025, Performance Drops to 91.19% — NERC
Nigeria’s electricity distribution companies have remitted a total of N77.99 billion to the market in the fourth quarter of 2025,...
WATRA Warns Submarine Cable Disruptions Threaten West Africa’s $150bn Digital Economy
The West African Telecommunications Regulators Assembly has warned that recurring submarine cable disruptions are exposing a major vulnerability in West...
PalmPay Reaffirms Commitment to Reliable Payment Infrastructure for Nigeria’s Digital Economy
One of Nigeria’s leading fintech platforms, PalmPay, has reaffirmed its commitment to building reliable payments infrastructure as a critical foundation...
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