Economy

Nasarawa takes over electricity power control from NERC

Nasarawa State has become the latest state to take control of its electricity market…

Trump orders submarine deployment after Russian ‘provocative remarks’

United States President Donald Trump has announced the deployment of two nuclear submarines in…

Lagos rent swallows 70% of family income – Report

A new housing report has revealed that many families in Lagos now spend up…

Trump ends duty-free imports for all countries

United States President Donald Trump on Wednesday signed an executive order eliminating the de…

Aviation ministry blocks move to shift NSIB to SGF office

The Ministry of Aviation and Aerospace Development has kicked against a plan to remove…

Importers slash petrol price, beat Dangote in price war

Some petrol marketers are now selling fuel below the cost offered by Dangote Refinery,…

UN summit: African leaders urge unified action against food insecurity

At the United Nations Food Systems Summit Stocktake (UNFSS+4) held in Addis Ababa, Ethiopia,…

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…