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SMEs Face N48tn Financing Gap Despite Bank Reforms – Report

The Centre for the Promotion of Private Enterprise (CPPE) has warned that Nigeria’s small and medium enterprises (SMEs) face a ₦48tn financing gap, despite recent banking sector reforms.

U.S. Slashes Nigerian Crude Imports by 47%

The United States sharply reduced its imports of Nigerian crude oil in January 2026, with volumes dropping by 47.16% month-on-month, according to U.S. Census Bureau and Bureau of Economic Analysis data.

FG, World Bank Target 5.2m Electricity Connections by June 2026

The Federal Government is aiming to connect 5.2 million Nigerians to electricity by June 2026 under a $750m World Bank-backed project focused on renewable energy expansion.

Tinubu Assures Nigerians of Improved Electricity Supply

President Bola Tinubu has assured Nigerians that his administration is addressing the persistent nationwide blackouts and working to improve electricity supply. 

NIGCOMSAT Doubles Revenue, Hosts Satellite Week in Abuja

The Nigerian Communications Satellite Limited (NIGCOMSAT) is set to host the second edition of the Nigerian Satellite Week (NSATWK 2026) on 30 and 31 March 2026 in Abuja.

Husk Power Charges Energy Players on Best Practices after Winning FELAS Award

With Nigeria pushing to expand energy access to meet its renewable energy targets, Husk Power Systems, a leading energy tech company, is urging industry players to prioritize compliance with global best practices.