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Pinnick Blames New Format for Super Eagles’ World Cup Miss

Super Eagles failed to qualify for the World Cup, with Pinnick blaming new qualification format for altering Nigeria’s path and complicating the campaign.
News

CBN Holds Benchmark Interest Rate at 27 Percent

The Central Bank of Nigeria has held its benchmark rate at 27 percent, keeping pressure on inflation while signaling caution on economic risks.
News

Nigeria Issues ₦4 Trillion Bond to Clear Power Sector Debt

Nigeria rolls out a ₦4 trillion bond to settle GenCos’ arrears, restore electricity market stability, and revive investor confidence in the power sector
Business

Transcorp Power Reports 38 Percent Revenue Jump

Transcorp Power posts 38 percent revenue growth and 17 percent profit rise, reflecting higher power generation, cost efficiency, and expanding asset base.
News

Grid Collapses Attributed To Vandalism, Maintenance Issues

Vandalism and maintenance problems are to blame for Nigeria’s frequent grid collapses, says Minister of Power Adebayo Adelabu, who has a committee suggesting tweaks.
News

Investigating the recent power outages across Nigeria

Nigeria's power sector faces ongoing outages, infrastructure deficits, and gas supply shortages, hindering economic growth and daily life.
Business

Electricity Tariff Hikes: What Nigerians Are Saying

Tariff hikes deepen frustration as Nigerians face rising energy costs and unreliable service, straining households and businesses alike.
News

Power Outages Halt Businesses Across Northern Nigeria

Frequent power outages have stalled businesses across Northern Nigeria, causing high operational costs and revenue losses as reliance on diesel generators rises.
News

IBEDC Sacks Kingsley Achife as Acting Managing Director, Appoints Francis Agoha

IBEDC appoints Francis Agoha as new Acting Managing Director, replacing Kingsley Achife to drive improvements in electricity distribution and service reliability.
News

FG Commits N130bn to Clear Power Sector Gas Debt

The Nigerian Government announces a N130 billion payment to settle debts with gas suppliers, aiming to enhance stability and reliability in the power sector.
News

Tinubu Overhauls NELMCO Board, Targets Power Sector Reform

President Tinubu reconstitutes NELMCO board, positioning the power sector for transformative reform and improved operational efficiency to benefit Nigeria's electricity supply industry.
Business

Nigeria Launches Five Power Projects, Boosts National Grid Capacity

Minister Adelabu inaugurates five power projects under PPI, partnering with Siemens and Germany, to significantly improve Nigeria's electricity supply.
Society

House Probes N7 Trillion Power Sector Funding Since Privatization

Amid mounting concerns over the utilization of over N7 trillion in financial interventions since...

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News

Pinnick Blames New Format for Super Eagles’ World Cup Miss

Super Eagles failed to qualify for the World Cup, with Pinnick blaming new qualification format for altering Nigeria’s path and complicating the campaign.
News

CBN Holds Benchmark Interest Rate at 27 Percent

The Central Bank of Nigeria has held its benchmark rate at 27 percent, keeping pressure on inflation while signaling caution on economic risks.
News

Nigeria’s Bishops Warn of Rising Security Threats

Catholic bishops raise alarm over Nigeria’s growing insecurity, urging swift government action as communities face escalating violence and instability nationwide.
News

UNIMAID Graduates Over 20,000 Students

UNIMAID celebrates a major graduation milestone as more than 20,000 students complete academic programs supported by significant federal and state interventions

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