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Local Firms Now Produce 50% of Nigeria’s Oil – Report

Local Firms Now Produce 50% of Nigeria's Oil - Report Nigeria’s oil and gas sector is entering a new era, with local oil companies now accounting for more than 50 per cent of the country’s crude oil production. According to a...

FG to Deliver 6m Free Meters to Consumers in Q4

FG to Deliver 6m Free Meters to Consumers in Q4 The Federal Government has announced plans to commence the full rollout of free electricity meters under the Presidential Metering Initiative by the fourth quarter of 2025, as part of efforts...

NCC Directs Banks to Deduct USSD Fees Through Airtime

NCC Directs Banks to Deduct USSD Fees Through Airtime The Nigerian Communications Commission has directed Deposit Money Banks to start deducting charges for unstructured supplementary service data transactions directly from users’ mobile airtime. According to an email from the United Bank...

Internet Data Consumption Declines After 50% Tariff hike

Internet Data Consumption Declines After 50% Tariff hike The Nigerian Communications Commission report has revealed that Internet data consumption in Nigeria declined by 17,647 terabytes between January and April 2025, following the implementation of a new tariff regime that saw...

AEDC Refunds N241m Electricity Credit to Customers

AEDC Refunds N241m Electricity Credit to Customers The Abuja Electricity Distribution Company has refunded electricity credit worth N241.45m to 9,823 customers across its franchise areas as compensation for billing irregularities and regulatory infractions committed between June 2024 and January 2025. The...

‎FG, Gates Foundation Seal $7.5m Deal to Launch National AI Scaling Hub

‎FG, Gates Foundation Seal $7.5m Deal to Launch National AI Scaling Hub ‎Nigeria has signed a landmark agreement with the Bill & Melinda Gates Foundation to launch the Nigerian Artificial Intelligence (AI) Scaling Hub, backed by up to $7.5 million...
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