Power Minister Tegbe Unveils Five Priorities to Achieve Stable Electricity Supply
Nigeria’s Minister of Power, Joseph Olusunkanmi Tegbe, has outlined five key priorities aimed at stabilising electricity supply and repositioning the nation’s power sector for sustainable growth.
According to the minister, the priorities are designed to...
Nigeria Records 11.2% GDP Growth in Dollar Terms in 2025, Eyes $1tn Economy by 2030 - Oyedele
Nigeria recorded a strong Gross Domestic Product (GDP) growth rate of 11.2 per cent in US dollar terms in 2025, reinforcing the country’s ambition to build a $1...
The Nigerian equities market closed lower on 5 May 2026, shedding 1,411.37 points to settle at 241,750.15, a 0.58% decline from the previous close, as selling pressure hit large-cap stocks including Wema Bank, MTN, and Aradel.
Money Market Liquidity Drops to N5.8trn
The Nigerian money market maintained a steady posture mid-week as the banking system’s massive liquidity surplus experienced a marginal narrowing. Despite the contraction, the financial system remains significantly awash with cash, shielding interest rates from upward pressure even in...
NNPC Completes OB3 Pipeline Crossing River Niger
The Nigerian National Petroleum Company Limited (NNPC) has completed the long-anticipated River Niger crossing of the Obiafu-Obrikom-Oben gas pipeline, unlocking a key segment of the country’s gas transmission network and paving the way for increased supply to power...
Tinubu Reshuffles Power Sector, Names New Minister and Adviser
After months of blackouts, President Bola Tinubu has begun a fresh restructuring of Nigeria’s power sector with the nomination of a new minister of power and the appointment of a special adviser to head a presidential...
