DisCos Performance Disappointing, Remain Weakest Link in Power Sector - Adelabu Minister of Power, Chief Adebayo Adelabu, has taken a swipe at electricity Distribution Companies (Discos) operating in the country, maintaining that they have not only disappointed Nigerians, but have...

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Power: Minister Calls for Stricter Anti-vandalism Laws The Minister of Power, Chief Adebayo Adelabu, has called on the National Assembly to enact stricter legislation to safeguard the country’s power infrastructure from vandalism. Adelabu made the call during a two-day retreat organised...

Nigeria’s Gross External Reserves Hit $38.90bn in 2025 - CBN The Central Bank of Nigeria sys Nigeria’s gross external reserves increased by 2.85 per cent to $38.90bn as of May 16, 2025, compared to $37.82bn at the end of March,...

CBN Retains Interest Rates at 27.5% to Cushion Food Inflation, Insecurity  The Central Bank of Nigeria has announced its decision to maintain Monetary Policy Rates (MPR), which benchmarks interest rates at 27.5 per cent. The decision of the Monetary Policy Committee...

Investors Lead NGX Trading with N20bn Gain Nestle Nigeria Plc, Tripple Gee and Company Plc, and Regency Alliance Insurance Plc experienced stock appreciation as the Nigerian stock market rebounded on Tuesday with a gain of N20bn in market capitalisation. At the...