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power sector reform

Onyeali-Ikpe steers Fidelity Bank past N500bn capital mark

Nneka Onyeali-Ikpe secured Fidelity Bank's recapitalization with a N259 billion private placement of ordinary shares on Dec. 31, 2025, pushing eligible capital to N564.5 billion and clearing the Central Bank of Nigeria's N500 billion threshold.

Senator Ndume says Nigeria can end insecurity in 6 months if FG gets serious

Senator Ali Ndume says Nigeria can end insecurity within six months if the federal government shows genuine commitment and arms its soldiers properly.

Blackout as National Grid Collapses Again

The national grid collapse plunges parts of Nigeria into darkness, highlighting ongoing issues in the power sector.

Nigeria Advances $1 Billion Sale of Five Power Plants

Nigeria is finalizing the sale of five key power plants in a $1.15 billion deal to enhance its energy sector and economic growth.

Nigeria Cuts Electricity Subsidy to N1 Trillion, Increases Tariffs

Nigeria reduces electricity subsidy from N3 trillion to N1 trillion by increasing tariffs, aiming to improve economic stability and energy affordability.

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Onyeali-Ikpe steers Fidelity Bank past N500bn capital mark

Nneka Onyeali-Ikpe secured Fidelity Bank's recapitalization with a N259 billion private placement of ordinary shares on Dec. 31, 2025, pushing eligible capital to N564.5 billion and clearing the Central Bank of Nigeria's N500 billion threshold.

Senator Ndume says Nigeria can end insecurity in 6 months if FG gets serious

Senator Ali Ndume says Nigeria can end insecurity within six months if the federal government shows genuine commitment and arms its soldiers properly.

Nigeria’s power sector cost government N418bn in subsidies as losses topped N300bn in Q4 2025

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.

Nigeria recorded 3.38 million internally displaced persons across 14 states in 2023, NBS report shows

Nigeria recorded 3,381,228 internally displaced persons across 14 states in 2023, with Borno State accounting for more than half of all cases.