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.
Nigerian tycoon Femi Otedola stages a remarkable return to the Forbes Africa list, while Aliko Dangote continues his reign as the continent's richest man.
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.