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Why Nigerian insurance is one of the lowest globally - CPPE

High levies threaten survival of Nigerian airlines, says

  • 26th April 2026

Lagos signs power purchase deals to boost supply

  • 26th April 2026
Hackers breach North Korean spy group’s computer

Italy okays extradition of Chinese hacker wanted by

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Dangote Refinery expansion to create 95,000 jobs

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Why Nigerian insurance is one of the lowest globally - CPPE

High levies threaten survival of Nigerian airlines, says CPPE

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Lagos signs power purchase deals to boost supply by

Business
Hackers breach North Korean spy group’s computer

Italy okays extradition of Chinese hacker wanted by US

Business

Dangote urges govt, private sector partnership to eliminate malaria

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FG to end fuel subsidy in 2023 - Minister
News

Disagreement stalling Customs automation project – Minister

The Federal Government says the $3.1bn contract for the ‘complete’ automation of the Nigerian Customs Service, approved by the Federal Executive Council in 2020, has been upturned. This, it said, was due to disagreements between parties that made up the consortium. It said the disagreements defied the Federal Government intervention—through the office of the Attorney-General […]

News

DisCos revenue rises by 47% to hit N757bn – Report

Revenue collection by the 11 distribution companies increased by 47 per cent to N757bn in 2021. The Association of Nigerian Electricity Distributors’s 2021 report on Commercial Key Performance Indicator for its members said NESI ́s revenue collection in 2021 set a new record of N757bn, which represented an increment of N241bn. The revenue for 2020 […]

Energy

Nigeria’s renewable energy investment potential hit $104bn – UK

Climate-smart investment potential in Nigeria, particularly in the renewable energy sector, is worth over $104bn, the United Kingdom High Commission has said. In his address at the Carbon Chamber Conference of the Abuja Chamber of Commerce and Industry, the Head of Climate Change and Energy West Africa, UK High Commission, Sean Melbourne, said the gradual […]

NCC, Telecom operators urge states to review policies for broadband expansion
Telecommunications

Telcos record 6.18 million new subscribers in four months

6.18 million Global System for Mobile Communications subscribers joined the national network between January and April this year, according a new industry statistics from the Nigerian Communications Commission. Also, the number of active telephone connections per 100 inhabitants within all areas in Nigeria increased to 105.65 per cent (201.67 million subscriptions) in April. The NCC’s […]

Naira fall'll worsen Nigeria’s food, energy crisis — W’Bank
Economy

Inflation, others threaten Buhari’s poverty reduction scheme –World Bank economists

World Bank economists, Jonathan Lain and Jakob Engel, have said that rising inflation, persistent population growth, the COVID-19 pandemic, and the war in Ukraine are threatening Nigeria’s poverty reduction aspiration. These economists said this in a post published on the bank’s blog on Tuesday. The post read in part, “Nigeria’s aspiration to lift all of […]

Airport security makes five arrests daily - FAAN
Aviation

FAAN commences replacement of old equipment at airports

The Federal Airports Authority of Nigeria said it has begun the replacement and repair of old equipment used to carry out its daily operations at airports across the country. The Managing Director, FAAN, Capt. Rabiu Yadudu, made this known at an interactive session with the League and Airports Aviation Correspondents in Lagos on Wednesday. Yadudu […]

Electricity

FG trains Egyptian, Ghanaian electricity workers

The National Power Training Institute of Nigeria, an agency of the Federal Government, has been contracted to train employees of the Egyptian Electricity Corporation as the organisation expands its activities in Africa. NAPTIN also stated that it had trained power sector officials of Ghana and Liberia in a bid to boost the delivery of electricity […]

Telecommunications

Tinubu didn’t bring Econet to Nigeria -Tech investor

Nigerian tech investor, Victor Asemota, has said that presidential aspirant, Bola Tinubu, did not bring Econet Wireless (now Airtel) to Nigeria. The techpreneur’s comments came after the All Progressives Congress’ national leader, claimed that he played a significant role in the Nigeria telecom service by bringing Econet to the country during the presidential screening of […]

Debt
Economy

Debt servicing draws Nigeria closer to Lebanon crisis

Nigeria is edging closer to a Lebanon financial crisis that has caused the country to see a high rate of poverty, inflation, and emigration. BusinessDay, citing new projections by the International Monetary Fund, reported that Nigeria could be spending 100 per cent of its revenues servicing debt by 2026. Nigeria’s debt servicing cost as a […]

Economy

Power gulps 40% of our production costs – Manufacturers

The Chairman, Board of Directors, Manufacturers Power Development Company, Ibrahim Usman, speaks on how unstable power supply is adversely affecting the manufacturing sector in this interview Six years ago, the Manufacturers Association of Nigeria started MAN Power Development Company. How successful has this initiative been? What have been the challenges? Well, I can say that […]

Transportation

Truckers read the riot act to curtail road crashes

The Association of Maritime Truck Owners has vowed to proffer solutions to factors responsible for constant accidents of articulated trucks on the roads. A letter by the National President of AMARTO, Remy Ogungbemi, titled, ‘A wake-up-call to all drivers on self examination’, said that the association was calling on every trucker to immediately embark on […]

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