Kaduna Electric Disconnects Kaduna State Government House Over Debt of N2.9 Billion • No Payments for Electricity Consumed in Seven Months In a dramatic move that underscores growing tensions between utility providers and state governments, Kaduna Electric has cut off electricity supply to the Kaduna State...

According to Wale Edun, the Minister of Finance and Coordinating Minister of the Economy, 41 African countries are set for stronger economic growth in 2024.  

Naira Gains N15 in Parallel Market The Naira yesterday appreciated to N1, 580 per dollar in the parallel market from N1,595 per dollar on Wednesday. Similarly, the Naira yesterday appreciated to N1,570 per dollar in the Nigerian Autonomous Foreign Exchange Market, NAFEM. Data from FMDQ showed that...

Otedola backs Tinubu’s Windfall tax, Blasts Bank Chiefs for Owning Private Jets Dear Members of the Press, I am writing to express my strong support for the implementation of a windfall tax in Nigeria and to highlight the critical role this measure plays in fostering a...

Dangote Refinery Needs N1.7tn Worth of Crude Supply Monthly The Dangote Petroleum Refinery is going to need about N1.7tn worth of crude oil monthly following the directive of President Bola Tinubu mandating the Nigerian National Petroleum Company Limited to sell crude to the plant and...

Arik Air Suspension Based on Court Order, Expert Clarifies A public affairs analyst, Zayyad Muhammad, says the decision of the Minister of Aviation and Aerospace Development, Festus Keyamo, to suspend the activities of Arik Air is in accordance with a court order. In a letter on...