A dispute over assets at Afam Power Station has escalated, with allegations of fraud and favoritism raising concerns about transparency in Nigeria's electricity sector, prompting demands for a thorough investigation.
The Federal Government and Nestlé Nigeria have launched a Water Quality Handbook to enhance compliance and build technical capacity across sectors. Minister Utsev warned climate change is impacting water resources through floods and droughts.
The Federal Government has launched the application portal for the 2026 National MSME Awards, offering over N1 billion in grants to 100 Nigerian entrepreneurs. Applications open April 7, with a focus on financial support and sector-wide recognition.
The Nigerian government has increased natural gas prices for power generation companies, which experts warn will likely lead to higher electricity tariffs for consumers amid the sector's mounting debt crisis.
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Former Minister of State for Power Goddy Jedy-Agba emphasizes sustained reforms, investment, and leadership mentorship as essential for achieving reliable electricity and national development in Nigeria.
The ongoing US-Israel-Iran conflict is disrupting supply chains for India's $860 million condom manufacturing sector, causing shortages of key materials like silicone oil and ammonia and driving up production costs significantly.
Nigerians brace for higher living costs as Dangote Refinery plans petrol price increases due to soaring global crude oil prices, prompting fuel marketers to suspend sales and consumers to face inflationary pressures.
The Nigerian government has launched the Conditional Cash Transfer programme targeting 15 million vulnerable households, with ₦75,000 disbursed in three phases. Over 9 million households have already received payments.
The Nigerian National Petroleum Company Limited has reduced petrol prices at its retail outlets nationwide, offering temporary relief amid concerns over rising crude oil costs.
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Nigeria issues N501.02 billion bonds to address power sector liquidity, but experts warn it's a temporary fix without structural reforms on tariffs and distribution inefficiencies.
Afreximbank underwrites $2.5 billion in a $4 billion syndicated credit for Dangote Refinery, aiming to strengthen its financial position and support long-term growth across Africa.
Nigeria's telecom regulator mandates direct airtime and data credits for subscribers affected by service failures, shifting from fines to consumer-focused compensation.
Former leaders and maritime experts warn Nigeria could lose regional trade dominance if it fails to invest in deep seaports, risking cargo diversion to neighboring countries and economic sidelining.
MACN and CRFFN unveil a User Experience Diary for real-time reporting of cargo clearance issues, aiming to boost transparency and reduce delays in Nigeria's ports.
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Rising global oil prices, driven by Middle East tensions and supply disruptions, are expected to bolster Nigeria's economy as a net oil exporter, though geopolitical risks may limit gains, according to FXTM market analysis.
The Manufacturers Association of Nigeria warns that escalating global energy prices and supply chain disruptions threaten to cripple domestic production, urging immediate government intervention.
Stakeholders at the WTO's 14th Ministerial Conference emphasized that major investment in Nigeria's cotton, textiles, and garments sector can transform economic development, create jobs, and position West Africa as a processing hub.
Minister Jumoke Oduwole advocates for a fair, inclusive global trading system at WTO MC14 in Cameroon, highlighting Africa's low trade shares and the need for industrialization.
The Sea Empowerment and Research Centre warns that overlapping regulations, high charges, and operational challenges in Nigeria's barge sector could undermine port decongestion efforts and economic stability.
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Zenith Bank Plc has introduced the Visa Signature Card in partnership with Visa, targeting high-income customers with global access, travel benefits, and enhanced security features.
The Federal Government intensifies efforts to transform Nigeria's livestock sector into a major economic driver, aiming to boost GDP, ensure food security, and support a $1 trillion economy through coordinated reforms and private investment.
Domestic airlines in Nigeria incurred a staggering N32.5 billion revenue loss in 2025 due to 50,800 flight delays and cancellations, with crew shortages and infrastructure issues cited as key factors.
Seed Transformation Network Nigeria celebrated International Women's Day 2026 by awarding a N1 million business grant to Olamide Olajide of Shoeniverse Leathers, highlighting female-led innovation in Africa.
ANRPM calls for a temporary subsidy on petroleum products to cushion rising fuel costs due to Middle East conflicts, as Nigeria allocates more crude to Dangote Refinery and sets new gas prices.
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Analysis reveals Nigeria's annual February-April electricity crisis is not random but a predictable clash of peak cooling demand and low hydropower output, worsened by operational failures.
A new report reveals Nigeria's maritime sector suffers N3-5 trillion yearly losses from port delays, policy gaps, and infrastructure failures, urging urgent reforms to unlock economic potential.
The Federal Government has opened applications for the Eighth MSME Awards, with 100 outstanding businesses set to share over N1 billion in grants to boost entrepreneurship and economic growth nationwide.
The Nigerian Ports Authority plans to rehabilitate key eastern ports, including Onne, Warri, and Calabar, to enhance cargo traffic and capacity, as part of a broader strategy to boost non-oil exports and streamline operations.
Lagos State Government unveils economic projections, forecasting GDP to reach N73.15 trillion in 2026 and aiming for a $1 trillion economy by 2052, driven by data-led governance and strategic planning under the T.H.E.M.E.S+ Agenda.
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Esso Exploration and Production Nigeria Limited commemorates two decades of operations at the Erha Field, having produced over 800 million barrels and delivered significant economic contributions to Nigeria.
