FG to Move More Consumers to Band A as Power Generation Hits 5,543MW The Federal Government has revealed that it is interested in moving most electricity consumers in Nigeria to Band A where they will enjoy a minimum of 20 hours of electricity supply daily. It...

MPC: Nigeria's Money Supply Rises N94.61tn to N110.9tn in One Year Nigeria’s broad money supply (M3) rose to N110.98tn in January 2025, representing a 17.3 per cent year-on-year increase from N94.61tn recorded in January 2024. Nigeria’s broad money supply (M3) rose to N110.98tn in January 2025,...

Over 19.7 million Accounts Dormant, Unclaimed - CBN The number of dormant bank accounts in Nigeria is over 19.69 million, according to the industry customer account database released by the Nigeria Inter-Bank Settlement System. The data, which tracks monthly account statuses throughout 2024, indicates a steady...

NASS Raises Housing Budget by N50bn  The National Assembly Committees have intervened to raise the housing budget of the Federal Government by an additional N50bn. This was disclosed by the Minister of Housing and Urban Development, Ahmed Dangiwa, at his ministry’s 2025 Sector Retreat, themed, “Actualising...

NNPCL, Dangote Refineries not Meeting 50% Local Fuel Demand - FG The Nigerian Midstream and Downstream Petroleum Regulatory Authority, has disclosed that the country’s three operational refineries contribute less than 50 per cent of the nation’s daily petrol consumption despite having a combined refining capacity...

US Ambassador Denies USAID Involvement with Boko Haram, Says No Evidence  The United States Ambassador to Nigeria, Richard Mills, has said there is no evidence that the United States Agency for International Development is funding Boko Haram or any terrorist group. Mills stated after meeting with...