Again, National Grid Collapses as Power Generation Drops to 24MW
The national power grid collapsed again on Wednesday, plunging parts of the country into darkness and disrupting electricity supply to millions of homes and businesses.
Checks by PUNCH revealed that power generation fell sharply from over...
The Federal Government has allocated over N1.1 trillion to the power sector in the 2026 Appropriation Bill, an amount higher than the N900 billion budgeted for the sector in 2025.
The Central Bank of Nigeria's (CBN) latest quarterly statistical bulletin reveals a 0.88% month-on-month increase and a 57.56% year-on-year growth compared to June 2024.
The Debt Management Office (DMO) has announced that the Federal Government will seek to raise N900 billion through the reopening of three federal bonds in its January 2026 auction.
Nigeria and Abu Dhabi Ports Group have signed a memorandum of understanding (MoU) to explore strategic collaboration in ports development, maritime logistics and digital solutions.
