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States Clash with Discos over Tariff Hike, Triggering Power Cuts

A brewing power struggle between Nigerian states and electricity distribution companies (Discos) has escalated, as a sharp tariff dispute has triggered prolonged blackouts in...

Equities Rally as Stock Market Adds N1.78tn in Value

The Nigerian Exchange (NGX) began the week on a strong note as investor confidence drove the equity market to a remarkable gain of ₦1.78...

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States Clash with Discos over Tariff Hike, Triggering Power Cuts

A brewing power struggle between Nigerian states and electricity distribution companies (Discos) has escalated, as a sharp tariff dispute has triggered prolonged blackouts in...

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States Clash with Discos over Tariff Hike, Triggering Power Cuts

A brewing power struggle between Nigerian states and electricity distribution companies (Discos) has escalated, as a sharp tariff dispute has triggered prolonged blackouts in...

IATA: UK, US, China Shaped Global Aviation Trends in 2024

The International Air Transport Association (IATA) has affirmed that the United States, China, and the United Kingdom were the top three countries for passenger...

Equities Rally as Stock Market Adds N1.78tn in Value

The Nigerian Exchange (NGX) began the week on a strong note as investor confidence drove the equity market to a remarkable gain of ₦1.78...
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Frequent Power Failures Drive Surge in Renewable Energy Adoption

Nigeria’s ongoing power crisis—marked by recurring grid collapses, unreliable electricity access, and high energy costs—is driving a nationwide pivot toward renewable energy solutions. From...

LASG Suspends Approvals for Lagos-Calabar Coastal Road Project

In a move aimed at safeguarding Lagos State’s physical development integrity, the Lagos State Government has announced the immediate suspension of all planning approvals...

Israel-Iran Tensions Trigger Fuel Price Surge, PENGASSAN Raises Alarm

As tensions between Israel and Iran escalate, Nigeria faces yet another surge in petrol prices, sending ripples through the already strained economy. The Petroleum...

FCCPC Summons Air Peace Over Alleged Consumer Rights Violations

The Federal Competition and Consumer Protection Commission (FCCPC) has issued a formal summons to Nigerian airline operator, Air Peace Limited, over rising allegations of...

SEC Targets Cross-Border Trade Boost with New Stablecoin Regulatory Framework

The Securities and Exchange Commission (SEC) of Nigeria has announced a strategic plan to introduce a regulatory framework for stablecoins, aiming to unlock new...

OPS Expresses Concern Over Nigeria’s 22.97% Inflation Rate

Nigeria’s inflation rate has dropped to 22.97% in May 2025, according to the National Bureau of Statistics (NBS), signaling a 0.74 percentage point decline...

‘Buy Made-in-Nigeria’ Policy Violates AfCFTA Provisions – NECA Warns

The Nigeria Employers’ Consultative Association (NECA) has raised serious concerns over the Federal Government’s recently launched ‘Buy Made-in-Nigeria’ policy, warning that it directly contradicts...

Tanker Drivers Protest, Halt Loading Operations at Lekki Port

Operations at the Lekki Deep Seaport and Dangote Refinery were abruptly halted on Monday, June 16, 2025, as petroleum tanker drivers and cargo truckers...

Meta Launches Paid Channels and Promoted Content Features on WhatsApp

Meta has rolled out new business-oriented features on WhatsApp that include Channel Subscriptions, Promoted Channels, and Adverts in Status. The tech giant announced the...

NAICOM Set to Unveil New Annuity Guidelines to Strengthen Insurance Sector

In a strategic move aimed at strengthening retiree protections and boosting confidence in Nigeria’s insurance sector, the National Insurance Commission (NAICOM) has announced plans...

Labour Describes Proposed ₦70,000 Minimum Wage as Fair and Realistic

Despite Nigeria’s biting inflation and weakening purchasing power, organised labour has hailed the newly proposed ₦70,000 minimum wage as a major achievement that offers...

Experts Back CBN’s Dividend Freeze Policy to Strengthen Bank Capital Base

In a bid to fortify the Nigerian banking sector and ensure credible recapitalisation, the Central Bank of Nigeria (CBN) has imposed a temporary freeze...