Economy

Tinubu moves to clear GENCOs debts, urges more time

President Bola Tinubu has promised to tackle the huge debt owed to electricity generation…

Discos lament as customers stop paying bills after Enugu tariff cut

Electricity companies across Nigeria are worried as more people have started refusing to pay…

Tinubu asks national assembly to approve fresh $347m loan

President Bola Tinubu has asked the National Assembly to approve an extra $347 million…

Oil prices drop as US-EU trade war threatens demand

Oil prices fell on Tuesday over fears that the growing trade dispute between the…

Domestic airlines refund over N1bn to passengers in three months

Domestic airlines in Nigeria have refunded more than N1 billion to over 5,000 passengers…

Reps to investigate refineries after Dangote’s shocking remark

The House of Representatives Committee on Petroleum Resources (Midstream) will meet on Thursday to…

Stablecoin bill heads to Trump’s desk as Congress moves to regulate crypto

The United States House of Representatives is poised to pass sweeping cryptocurrency legislation, including…

Nigeria should be producing 60,000mw power, says Dangote

Businessman Aliko Dangote has said there is no reason Nigeria should still be generating…

Cuba removes Labour Minister after controversial comments on beggars

The Cuban government has dismissed Minister of Labour and Social Security, Marta Elena Feito,…

How Nigerians withdraw almost ₦1tn amid rising preference for cash

The Central Bank of Nigeria has disclosed that between May 2024 and May 2025,…

Trump’s new tariff plan draws sharp rebuke from EU, Mexico

The European Union and Mexico have both issued strong responses following United States President,…

Oyo govt to begin staff audit across Monday

The Oyo State Government has announced it will begin a full staff audit for…

FG tightens oil sector expat approvals, okays 448 slots

The Nigerian Content Development and Monitoring Board approved 448 expatriate quota requests for foreign…

P’Harcourt residents filed most electricity complaints – NERC

Port Harcourt residents made the most noise about poor electricity in early 2025, with…

Naira slips to ₦1,529.22/$ amid forex demand rise, card transaction resumptions

The naira closed slightly weaker at ₦1,529.22 per dollar on Tuesday at the official…