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FG Owes GenCos Fresh N1trn in Six Months

The Federal Government’s debt owed to electricity generation companies has risen to N1.05tn in the first half of 2025.

Geregu Power Records N25bn Profit

GEREGU Power Plc has reported a profit after tax of N25.1bn for the nine months ended September 30, 2025, representing a resilient performance amid rising finance costs and operational expenses.

FG Trains NAFDAC Officers to Enhance Quality Assurance for AfCFTA

The Federal Government, through the Nigeria AfCFTA Coordination Office, has trained Directors and key officers of the National Agency for Food and Drug Administration and Control (NAFDAC).

CBN Limits PoS Agents’ Daily Transactions to N1.2m

The Central Bank of Nigeria (CBN) has capped daily cash-out transactions for Point of Sale (POS) agents at N1.2 million and N100,000 for individual customers.

Dangote Cuts Cooking Gas Price to N760/kg

Dangote Refinery has once more reduced the ex-depot price of its Cooking Gas, decreasing it from ₦810 per kilogram to ₦760 per kilogram.

Ogunlesi Endorses Tinubu’s Reforms

The chairman of Global Infrastructure Partners, Adebayo Ogunlesi, has expressed confidence in President Bola Tinubu’s economic reforms, describing them as a solid foundation for renewed international investment in the country.