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Blog

Electricity featured

Power minister Adelabu denies resignation rumours

Minister of Power Adebayo Adelabu has denied reports suggesting he has resigned from office, describing the claims as false and misleading amid growing political speculation over his future. The rebuttal comes at a time of heightened uncertainty following a Federal Government directive requiring political appointees with ambitions for the 2027 general elections to step down […]

featured Finance

Senate approves $6bn external loans for Tinubu

The Senate has approved the request of President Bola Tinubu to go for external loans totalling $6 billion. The approval came barely three and a half hours after the senate president, Godswill Akpabio, read the letter from the president, seeking the approval. The Senate approved the loans following the presentation and consideration of the report […]

Telecommunications

FG to install 1,000 telecom towers in rural areas

The Federal Government has said it will deliver at least 1,000 telecommunications towers to rural communities in 2026 as part of efforts to expand digital connectivity and bridge access gaps across the country. The Minister of Communications, Innovation and Digital Economy, Bosun Tijani, disclosed this on Tuesday in Abuja during a press briefing on the […]

Finance

Anambra extends individual tax return deadline by one month

Anambra State Internal Revenue Service has extended the deadline for filing individual annual tax returns by 30 days, granting taxpayers additional time to meet statutory obligations. In a press statement on Tuesday signed by the Executive Chairman, AiRS, Ikeazor Okonkwo, the agency announced that the original deadline of March 31, 2026, has been shifted to […]

featured Finance

10 steps to file your individual tax returns

As the March 31, 2026 deadline for filing Personal Income Tax returns approaches, many Nigerians are scrambling amid heightened awareness and enforcement under the new tax reforms. Whether you are a salaried employee, freelancer, business owner, or have multiple income streams, filing your annual returns for the 2025 tax year is mandatory for most income […]

Electricity

Power crisis deepens as FG pays only 4% of ₦1.928trn subsidy

The Federal Government’s inability to meet its financial obligations to power generation companies has deepened the crisis in the already struggling electricity sector, with fresh data showing it paid only N76.95 billion (about four per cent) of the N1.928 trillion subsidy required in 2025. Although the government budgeted N958 billion for electricity subsidies in 2025, […]

FG targets 6500 megawatts power generation in six months
Electricity

FG issues ₦501bn bond to tackle power sector liquidity crisis

The Federal Government’s N501.02 billion bond issuance has been described as a major milestone in Nigeria’s power sector reform agenda aimed at addressing longstanding liquidity challenges. Mr Bolaji Tunji, Special Adviser on Strategic Communications and Media Relations to the Minister of Power, Mr Adebayo Adelabu, said this in a statement on Monday in Abuja. Tunji […]

World

Nigeria gets approval from UK, US, France for new ambassadors

The Federal Government has confirmed that several countries, including the United Kingdom, France and the United States, have granted ‘agrément’ to Nigeria’s ambassadorial nominees, signalling progress in efforts to fill long-vacant diplomatic positions. The spokesperson for the Ministry of Foreign Affairs, Kimiebi Ebienfa, disclosed this in a statement issued on Monday, noting that Nigeria has […]

Aviation

Airbnb launches airport car pickup in 125 global cities

Airbnb announced Tuesday it is expanding its services feature with a new category for car pick-ups across 125 cities around the world. The company is partnering with transportation company Welcome Pickups to let users book a private car service in cities including Paris, Bali, and Mexico City. The travel company said that it has been […]

Telecommunications

Nigeria to launch NIGCOMSAT-2A, 2B satellites by 2029

The Federal Government has moved Nigeria’s next-generation satellite programme into the execution phase, with NIGCOMSAT-2A and 2B scheduled for launch in 2028 and 2029 to boost connectivity, security and digital economy growth. Managing Director of NIGCOMSAT Limited, Mrs Jane Nkechi Egerton-Idehen, disclosed this at the opening of the 2026 Satellite Week in Abuja. She said […]

Opinion

IMF warns Middle East war threatens Nigeria’s energy, food security

The International Monetary Fund has warned that the ongoing war in the Middle East is casting a shadow over the global economy, threatening recovery and triggering widespread disruptions. In a blog post by top officials, the IMF said the conflict, beyond its human toll, is “upending lives and livelihoods” while weakening growth prospects for economies […]

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