N2.7 Trillion Spent on External Debt Service in Q2 2025
Nigeria's debt burden deepens as 45.2% of Q2 2025 revenue goes to servicing external loans. Experts warn of fiscal risks and crowding out of critical spending. Read the full analysis.
Category : Search result: power sector sustainability
FG, RSE Energy Partner on Embedded Power for Industries
The Federal Government partners with RSE Energy to deploy off-grid power for industrial clusters, starting with Idu. This aims to cut costs, boost productivity, and enhance Nigeria's industrial competitiveness. Read more.
Nationwide Power Outage: Minister Gives 48-Hour Update
Minister of Power Adebayo Adelabu announces gas pipeline repairs will restore electricity nationwide within 48 hours. Read the full details on the grid collapse and regional impacts.
Tinubu Names New NERC Board, Oseni as Chairman
President Bola Tinubu has reconstituted the NERC board with Dr. Mulisiu Oseni as Chairman. The new team is tasked with implementing the Electricity Act 2023 to transform Nigeria's power sector. Read the full details here.
EKEDC Accuses Hotels, Wealthy of Major Power Theft
EKEDC CEO reveals high-income residents and hotels are major culprits of electricity theft, worsening Nigeria's power crisis. Discover the impact and the smart metering solution.
Apple's Quiet Strategy for Consumerism in Nigeria
Explore the subtle psychology behind Apple's polished products and upgrade cycles. Discover why Nigerians keep buying despite high costs and what it says about tech, identity, and consumption.
Jubaili Bros Leads Nigeria's Sustainable Energy Transition
Jubaili Bros, a key player in Nigeria's power sector, is driving the transition to sustainable energy with solar-hybrid systems and strategic partnerships. Discover how they are redefining reliable power.
FG Issues N1.23tr Bond to Settle Power GENCO Debt
The Federal Government plans a N1.23 trillion bond to clear debts owed to power generation companies and restore liquidity in the electricity market. Read more.
House of Reps Intervenes in Dangote, NMDPRA Dispute
The House of Representatives has stepped in to mediate the escalating conflict between Dangote Refinery and the NMDPRA. Both parties have been summoned to present their cases. Read the full story.
WACOT Pays N158m to Cocoa Farmers for Sustainability
WACOT Limited disburses over N158m to 2,062 Osun cocoa farmers for sustainable practices. The initiative rewards quality and promotes financial inclusion in agriculture. Read more.
DisCos Exposed: Power Firms Fail Nigeria, Focus on Revenue
An insider reveals how DisCos like AEDC fail to deliver power, neglect infrastructure, and focus solely on revenue. The Senate declares privatization a failure. Read the full exposé.
FG Launches Committee for Reliable Power in Health Facilities
The Federal Government has inaugurated a committee to ensure sustainable electricity in all health facilities. This move aims to save lives and improve healthcare delivery nationwide.
Nigeria's Economy Grows 3.98% in Q3 2025
Nigeria's economy expanded by 3.98% in Q3 2025, with services and agriculture leading growth. The non-oil sector remains a key driver. Discover the full breakdown and what it means for the nation's economic outlook.
Nigeria's GDP Hits 3.98% in Q3 2025
Nigeria's economy expanded by 3.98% in Q3 2025, fueled by strong performances in Agriculture, ICT, and Finance. Get the full breakdown of the NBS report and what it means for the nation's growth trajectory.
Reps query Azura Power over N18bn undisclosed payments
House of Representatives committee demands explanation from Azura-Edo IPP for failing to disclose over N18bn received from NBET in 2023. Full investigation into power sector spending continues.
Nigeria's GDP grows 3.98% in Q3 2025, NBS reports
Nigeria's economy expanded by 3.98% year-on-year in Q3 2025, driven by services and agriculture. Get the full breakdown of sectoral performance from the NBS data.
Taxtech: New Law Raises Low-Income Spending Power
Taxtech explains Nigeria's new progressive tax law: minimum wage earners pay zero tax, low-income workers see lower rates, boosting purchasing power. High earners pay more.
DisCos Record N45b Revenue Shortfall in September 2025
NERC data reveals electricity distributors collected N196.26b of N241.54b billed in September 2025, creating N45.28b shortfall. Collection efficiency improved to 81.25%. Discover which DisCos performed best.
Nigeria loses $500bn yearly to biodiversity decline
Nigeria faces a $500 billion annual loss from biodiversity decline. Officials urge private sector integration of nature into business models for economic sustainability. Act now!
TECNO Powers AFCON 2025 with New Campaign
TECNO unveils 'Power Your Moment' campaign as AFCON 2025 global partner. Features Joeboy collaboration, AI experiences, and creator initiatives across Africa.
$2bn Power Investments Flow into Nigeria After Reforms
Nigeria attracts over $2 billion in energy investments due to Electricity Act 2023 reforms. Minister Adelabu reveals decentralized power market driving investor confidence nationwide.
House Committee Summons Agencies Over Power Probe Evasion
House of Representatives committee summons BPP, Budget Office, AGF for evading oversight on power sector reforms investigation. Agencies given December 8 deadline to appear.
Anambra Issues FirstPower 1-Year Electricity License
Anambra State grants FirstPower Electricity Company a one-year interim distribution license under new state regulatory framework. Historic move aims to boost power supply across the state.
CIT Revenue Reaches N2.78 Trillion in Q2 2025
Federal government records N2.78 trillion company income tax in Q2 2025, a 40.27% quarterly increase. Financial services sector drives growth while manufacturing faces challenges.
CIT Revenue Reaches N2.78 Trillion in Q2 2025
Federal government records N2.78 trillion company income tax in Q2 2025, a 40.27% quarterly increase. Financial services sector dominates while manufacturing faces challenges.
Kwara 2027: APC Pushes for Power Shift to North
Kwara APC stakeholders and governorship aspirants from the Northern Senatorial District have agreed to unite and ensure the zone produces the next governor in 2027. Read the full story.
Ex-CDS: Military Alone Can't Guarantee Security
Former CDS Gen. Martin Luther Agwai warns military power alone cannot ensure Nigeria's security. He calls for economic diversification, poverty reduction, and good leadership to tackle insecurity. Read more.
Cross River, REA Partner to End Rural Power Blackouts
Cross River State and REA launch aggressive clean energy expansion to tackle electricity crisis affecting 15 local councils. Governor Otu reveals only 3 areas have consistent power.
Cross River & REA Tackle Rural Power Crisis
Cross River State and REA launch clean energy partnership to end electricity blackouts affecting 15 LGAs. Initiative aims to transform rural economies and reduce generator dependency.
Chocolate Giants Implicated in Liberia Deforestation
A new report links Mars, Nestle, and others to deforestation in Liberia's rainforest. High cocoa prices are driving forest loss. Learn the facts and what it means for sustainable chocolate.
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