Latest News
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121Local News₦4tr Genco Debt Crippling Power Sector –NDPHC
The Niger Delta Power Holding Company (NDPHC) has called for an urgent presidential intervention to help address the severe liquidity crisis affecting...
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202Business News$5b Africa Energy Bank Gains Momentum with Contributions from Nigeria, Angola, Ghana
In a significant development for Africa’s energy sector, Nigeria, Angola and Ghana have fulfilled their capital commitments toward establishing the Africa Energy...
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190Business NewsNet FX Reserves Surged to $23.11b in 2024 –CBN
Nigeria’s net foreign exchange reserves rose significantly to $23.11bn at the end of 2024, marking the highest level in over three years,...
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121Economy & MarketFG’s Deficit Hits ₦12.95tr, Exceeds Budgeted Target by 41%
The Federal Government (FG) recorded a N12.95 trillion budget deficit in 2024. This represents a 41 percent increase from its N9.16 trillion...
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165Business NewsFG Withdraws Allocation of 1,357 Housing Units Over Default Payment
The Federal Government has revoked the provisional allocation of houses under the National Housing Programme for 1,357 beneficiaries across 33 states due...
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260Industry & MoneyNigeria Cuts March OPEC Quota by 50,000bpd in Blow to 2025 Budget
The Organisation of Petroleum Exporting Countries (OPEC) reduced crude oil production last month, with curbs in Nigeria amounting to about 50,000 barrels...
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164Foreign NewsOil Steadies as Market Awaits Fresh US Tariffs
Oil prices steadied in thin trading on Wednesday after falling in the previous session on concerns that new U.S. tariffs, set to...
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170Stock MarketStocks, Treasuries Slip in Countdown to Tariffs
Asian stocks edged down as traders grappled with how to position themselves in the countdown to President Donald Trump’s sweeping tariffs announcement....
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188Local NewsTinubu Sacks Kyari, Akinyelure, Appoints Bayo Ojulari as New GCEO of NNPCL
President Bola Tinubu has approved a sweeping reconstitution of the Nigerian National Petroleum Company (NNPC) Limited board, removing the Chairman, Pius Akinyelure...
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318Economy & MarketSEC Announces Presidential Assent to Investments and Securities Act 2025
The Securities and Exchange Commission (SEC) has announced that President Bola Tinubu has assented to the Investments and Securities Act (ISA) 2025, which repeals the...
