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DisCos Bill Customers N255bn, Collect N210bn – NERC

Electricity distribution companies (DisCos) in Nigeria billed customers N255.19bn for power supplied in October 2025, but collected only N210.92bn.

15 States Earmark N10.7tn for Roads, Hospitals, Others

Fifteen Nigerian states have allocated N10.7tn for capital expenditure in 2026, focusing on roads, schools, hospitals, and public utilities.

NUPRC, NMDPRA Meet to Strengthen Regulatory Efficiency in Oil Sector

NUPRC, NMDPRA Meet to Strengthen Regulatory Efficiency in Oil Sector The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) and the Nigerian Midstream and Downstream Regulatory Authority (NMDPRA) have taken remarkable steps toward enhancing regulatory efficiency and encouraging investments in Nigeria’s oil and gas sector. The meeting, which...

NBS, Analysts Urge Calm Over Likely Rise in December Inflation Figures

Nigeria’s December 2025 inflation figure, scheduled for release by the National Bureau of Statistics (NBS) this Thursday, is expected to record a noticeable uptick, a development analysts say should not be mistaken for a fresh surge in prices or a breakdown in macroeconomic stability.

NERC Reports 5.35 million Unmettered Customers

The Nigerian Electricity Regulatory Commission (NERC) has disclosed that 5.36 million electricity customers nationwide remain without meters, a situation that exposes them to unpredictable estimated billing methods by distribution companies (DisCos).

FG Proposes N102.3billion for Lagos Green Line Rail

The Federal Government has proposed to allocate N102.3 billion as counterpart funding for the Lagos Green Line rail project in the 2026 budget.