Nigeria's electricity regulator says the federal government absorbed N418.79bn in power subsidies in the fourth quarter of 2025, as sector losses exceeded N300bn.
Naira depreciation continued despite central bank dollar sales, highlighting persistent demand pressure and cautious sentiment across Nigeria’s foreign exchange market.
Oyo State approved the conversion of 654 civil servants after qualification upgrades, signaling an end-of-year workforce incentive under Governor Seyi Makinde.
Nigeria's electricity regulator says the federal government absorbed N418.79bn in power subsidies in the fourth quarter of 2025, as sector losses exceeded N300bn.