Monetary

Amid Grid Failures, Presidency Budgets N10bn for Villa Solar Project

Amid Grid Failures, Presidency Budgets N10bn for Villa Solar Project   Nigeria’s electricity sector is once again under intense scrutiny as the masses question the Federal Government’s ability to deliver on its promise of a stable power supply to all Nigerians within a single four-year term,...

Senate Grills Ojulari, Kyari Over N210trn NNPC Audit Issues

Senate Grills Ojulari, Kyari Over N210trn NNPC Audit Issues   The Senate, through its Committee on Public Accounts, has given the management of Nigerian National Petroleum Company (NNPC) Limited an April 29 deadline to appear before it to account for the N210 trillion flagged in audit...

Maritime Revenue Surges to N1.83trn in Two Years – Oyetola

Maritime Revenue Surges to N1.83trn in Two Years - Oyetola The Minister of Marine and Blue Economy, Adegboyega Oyetola, on Thursday said Nigeria’s maritime sector had recorded significant improvements under this administration, citing the elimination of piracy, clearance of Apapa port gridlock, rising revenue and...

PenCom Channels N28trn into Infrastructure Financing

PenCom Channels N28trn into Infrastructure Financing   The National Pension Commission (PenCom) has unveiled plans to establish a pension-backed investment consortium aimed at financing critical infrastructure projects using the industry’s asset base of over N28tn. The proposal was announced at the First Quarter 2026 Pension Industry Leadership...

NSIA’s Assets Hit N4.88trn, Shows Robust Growth

NSIA's Assets Hit N4.88trn, Shows Robust Growth The Nigeria Sovereign Investment Authority (NSIA)  has reported a rise in its net asset value to N4.88tn for the 2025 financial year, driven by improved earnings, disciplined investment strategy, and sustained growth across its portfolio. The Managing Director of...

Power Sector Reforms Yield $2bn Investment, Slash Liabilities

Power Sector Reforms Yield $2bn Investment, Slash Liabilities The Federal Government has said that the reforms introduced in Nigeria’s power sector under President Bola Tinubu’s Renewed Hope Agenda are beginning to yield measurable results, with improvements recorded across the electricity value chain. According to the government,...