NEWS
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Nigeria Boosts Solar Capacity to 300MW, Targets 3.7GW to Lead West Africa
Nigeria has raised domestic solar manufacturing capacity to 300MW and is building a 3.7GW renewable pipeline, as regulators, investors and…
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March FAAC Allocation Hits ₦2.036tn Amid Mixed Revenue Trends
FAAC has distributed ₦2.036 trillion for March 2026 to the Federal Government, states and local governments, with stronger statutory inflows…
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What Future for Nigeria’s Power Sector as Minister Adelabu Plans Exit
Adebayo Adelabu is expected to resign as Minister of Power after securing presidential backing for his governorship ambition, placing Nigeria’s…
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Wale Edun Out, Taiwo Oyedele In: Tinubu Resets Nigeria’s Economic Command
President Bola Tinubu has removed Wale Edun as Finance Minister and elevated Taiwo Oyedele, signaling a new phase in Nigeria’s…
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FirstBank Strengthens Trade Finance Position with GTR West Africa Sponsorship
FirstBank’s sponsorship of GTR West Africa 2026 underscores the growing importance of trade finance, payment innovation and regional banking connectivity…
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FG Pushes Back on ‘Hidden Spending’ Narrative, Says World Bank Report Was Misread
The Federal Government says claims of hidden spending and diverted federation revenues misread the World Bank’s Nigeria Development Update and…
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CPPE Backs Smarter Tariffs to Deepen Refining, Ease Mobility and Expand Clean Energy
The Centre for the Promotion of Private Enterprise says Nigeria’s 2026 fiscal measures could strengthen industrialisation, but argues that refining,…
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NCS First Female Pilot Secures U.S. Commercial Multi-Engine Licence
Nafisat Balogun, the first female pilot in the Nigeria Customs Service, has secured a commercial multi-engine pilot licence in the…
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IMF Warns Rising Transport Costs Are Deepening Nigeria’s Cost-of-Living Crisis
The IMF says Nigeria’s inflation crisis is now being driven as much by transport and logistics costs as by food…
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MTN Suspends Airtime, Data Loans as FCCPC Tightens Digital Lending Regulation
MTN Nigeria has temporarily suspended its Xtratime airtime and data advance service to comply with FCCPC’s 2025 digital lending regulations,…
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