Local News
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66Distribution Companies’ Revenue Surges to ₦553.6b in Q1 2025
Revenues collected by Nigeria’s electricity Distribution Companies (Discos) rose to N553.63 billion in the first quarter of 2025, new data from the...
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79Senate Passes Landmark Law Mandating 30% Local Processing of Raw Materials Before Export
In a decisive move aimed at spurring industrialisation and boosting local manufacturing, the Senate has passed a bill requiring that all raw...
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146No Grid Collapse Incident in Q1 –NERC
There was no power system collapse nor disturbance in the first quarter of 2025, a major improvement in grid stability, according to...
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113FG Sets July Date for Petrol Pricing Summit
The Federal Government has fixed July 23 and 24, 2025, for a national stakeholder forum to address mounting concerns over petrol pricing...
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373Oil Firms Remitted ₦57b to Host Communities –FG
Oil and gas companies operating in Nigeria remitted a total of N57.07bn to Host Community Development Trusts in 2024, the Nigerian Upstream...
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354Tinubu’s Electricity Act: Seven States Take Charge of Power Regulation
Power sector operators and experts have raised concerns, expressed fears and projected opportunities as some states assumed responsibilities for regulating electricity markets...
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742NIMC Commences NIN Enrollment at Ward Level Nationwide
The National Identity Management Commission (NIMC) has announced that all is ready for the commencement of enrollment into the National Identification Numbers...
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448Seven States Spend 190% of Revenue on Loan Repayment
Seven states spent an average of 190 per cent of their Internally Generated Revenue on debt servicing in the first quarter of...
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311Cooking Gas Prices Soar, 12.5kg Hits ₦21,000
The cost of cooking gas continues to climb sharply across Nigeria, with the average retail price for refilling a 5kg cylinder of...
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485DBN Raises Nigeria’s Climate Finance Ambition, Launches Green Declaration
The Development Bank of Nigeria (DBN) has launched the Green Declaration, a collective, high-level show of commitment to accelerating Nigeria’s energy transition...
