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MAN Laments Return of FOB Levy

The reintroduction of the four per cent Free on Board (FoB) levy has continued to cause a stir in the port community, with manufacturers warning that the spike in the cost of clearing may have huge consequences for general prices, their continued operation and job creation.

Lagos Targets $1bn Forex Inflows Annually from SMEs

The Lagos State Government has revealed that it is targeting an additional $1 billion (one billion dollars) annual income through Small and Medium Enterprises (SMEs).

Solar Energy Remains Most Economically Viable – REA

The Managing Director of the Rural Electrification Agency (REA), Abba Aliyu, has described solar energy as the most economically viable model of power.

Japan, AfDB Partner on $5.5bn Finance for Africa

The Japan International Cooperation Agency (JICA) and the African Development Bank (AfDB) have signed a Memorandum of Understanding.

DisCos Generate N1.10trn Revenue in Six Months

The 11 electricity Distribution Companies (DisCos) collected N1.101trn as revenue from their customers in the first six months of 2025, analysis of the month factsheet of DisCos has shown.

Power Facilities Vandalism Increases by Over 30% – TCN

The General Manager, Transmission Company of Nigeria ((TCN), Benin Region, Engr. Charles Iwuamadi has raised the alarm that vandalism of its power facilities in its network has increased by 30 per cent of recent in the area.