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GenCos Lose N2.3 Trillion to Stranded Power Capacity

Nigeria’s power producers have lost over N2.3 trillion to stranded capacity caused by persistent grid failures and weak market structures

Tinubu’s 15% Fuel Tariff Sparks Public Outcry

The 15 percent fuel import tariff sparks nationwide concern as Nigerians brace for possible fuel price hikes and renewed inflation pressure.

BUA Cement Profit Hits $200 Million in Nine Months

BUA Cement profit hit $200 million in nine months of 2025, driven by higher cement prices and strong cost management under Abdul Samad Rabiu

Petr Valov: The Quiet Force Behind Exness’s $5 Trillion Trading Empire

Petr Valov turned a coding project into Exness, a global trading giant moving trillions of dollars each month

Reps Raise Alarm Over Terrorists Threats To Bomb National Assembly

Reps reveal terrorist threats to bomb the National Assembly and propose a bill to improve security at Nigeria’s legislature.

Dangote Plans $5 Billion Lagos Refinery Expansion To Boost Fuel Supply

Aliko Dangote plans to raise $5 billion to expand his Lagos refinery and boost Nigeria’s energy supply.

PTML Customs Revenue Rises 34 Percent in Third Quarter

PTML Customs revenue hit N116.2 billion in Q3 2025, up 34 percent from last year, reflecting stronger port operations and enforcement

PDP Stops Screening of Aspirants Ahead of 2025 Convention

PDP halts 2025 convention screening as Lamido protests and lawmakers threaten defection over alleged APC infiltration.

Church Raises Alarm Over Renewed Herders’ Invasion in Taraba Communities

The Holy Family Catholic Parish in Takum reports renewed herders’ attacks destroying farmlands and displacing families across Taraba communities.

Okonkwo Accuses APC of Using Thugs, Security Forces to Disrupt ADC Meetings

Kenneth Okonkwo accuses APC of using thugs and security agents to break up ADC meetings and silence opposition voices.

CBN Injects $1.25 Billion to Support Fuel Imports

The Central Bank of Nigeria disbursed $1.25 billion to petroleum marketers in the first quarter of 2025 to stabilise fuel import and supply

Igbo Unions Petition UN, ECOWAS Court Over Lagos Property Demolitions

Igbo Town Unions petition UN and ECOWAS over Lagos demolitions, alleging ethnic discrimination and destruction of Igbo-owned investments.

Saw Dust Becomes the New Cooking Fuel as Gas Prices Soar in Nigeria

High gas prices force Nigerian families to turn to cheaper alternatives like saw dust, charcoal, and firewood for daily cooking.

Dangote To Double Refinery Output To 1.4 Million Barrels Daily

Dangote plans to double his Lagos refinery output to 1.4 million barrels daily to boost Africa’s energy supply.

Latest articles

GenCos Lose N2.3 Trillion to Stranded Power Capacity

Nigeria’s power producers have lost over N2.3 trillion to stranded capacity caused by persistent grid failures and weak market structures

Tinubu’s 15% Fuel Tariff Sparks Public Outcry

The 15 percent fuel import tariff sparks nationwide concern as Nigerians brace for possible fuel price hikes and renewed inflation pressure.

NELFUND Disburses ₦116bn After One Million Loan Applications

NELFUND disburses ₦116 billion after one million loan applications, marking a milestone in Nigeria’s higher-education access and reform drive.

Nigeria’s Weather Agency Warns of Dust Haze, Thunderstorms

NiMet warns of dust haze and thunderstorms across Nigeria, urging citizens to prepare as the dry season intensifies.