The Minister of Power, Adebayo Adelabu, has warned that Nigeria’s power sector could face imminent collapse if urgent liquidity support is not provided to offset the N4tn debt owed to power generation companies.

The Statistician General of the Federation, Adeyemi Adeniran, said top five performing sectors include real estate, telecommunications and the oil and gas.

Arewa Economic Forum Raises Red Flags Over CBN's New BDC Policy: National Security Implications The Arewa Economic Forum (AEF), a leading northern Nigerian advocacy and think-tank, has raised serious concerns over the Central Bank of Nigeria’s (CBN) new Bureau De Change (BDC) recapitalisation policy, describing...

The Minister of Housing and Urban Development, Ahmed Dangiwa, unveiled a 12-member ministerial committee to oversee activities on the seized 753 houses linked to former Central Bank of Nigeria Governor Godwin Emefiele.

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has said the Nigerian National Petroleum Company Limited (NNPCL) had to shut down the Port Harcourt Refining Company to save its face.

The National Assembly’s House of Representatives Public Accounts Committee has recovered an additional $14.2m (N21.4bn) from four oil and gas companies.