N5.6trn Debt Threatens Energy Supply as Gas Firms Cut Supply   Nigeria faces the threat of nationwide blackouts as gas companies reduce their supply to power plants due to an outstanding N5.6 trillion debt owed to power generation companies. The development has...

Telecom Users Rejoice as FG Drops Levy 5%   The Federal Government has abolished the five per cent excise duty previously imposed on telecommunications services, including voice calls and data usage, in a move expected to ease cost pressures on millions...

Investors Gain N190bn as NGX Closes on a Positive Note   The Nigerian Exchange Limited (NGX) closed on a positive note on Thursday as investors gained N190bn, buoyed by price appreciation in Guinness Nigeria Plc, C&I Leasing Plc, and LivingTrust Mortgage...

Crude Oil Theft Plunges to Lowest Level in Over a Decade   Nigeria has achieved a significant breakthrough in curbing crude oil theft and losses, with figures from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) showing a 50.2 per cent reduction...

2025 Budget Execution Set to Begins in September – FG   The Federal Government has announced that the implementation of the 2025 national budget will begin by the end of September, as execution of the 2024 fiscal plan winds down. This was...

FG Reaffirms AfCFTA Commitment at Intra-African Trade Fair 2025 Nigeria has restated its commitment to advancing the African Continental Free Trade Area (AfCFTA) agreement, with the Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, joining global...