Eight of Nigeria’s largest power generation companies, including Transcorp Power, Egbin Power, and Geregu Power Plc, have signed onto President Bola Tinubu’s ₦3.3 trillion debt settlement programme, aimed at restoring liquidity to the electricity sector. 

President Bola Tinubu has approved the payment plan to finally settle the outstanding debts under the Presidential Power Sector Financial Reforms Programme.

Marine Ministry Sees 160% Revenue Surge, Hits N1.83trn in 2025   The Minister of Marine and Blue Economy, Adegboyega Oyetola, has disclosed that the agencies under the ministry generated a total of N1.83tn in revenue in 2025. Adegboyega disclosed this on Thursday in Lagos while speaking during...

Tinubu Appoints Aliyu as PTDF Boss, Renews Abdulaziz’s Appointment as TCN Head President Bola Ahmed Tinubu has appointed Professor Shu’aibu Shehu Aliyu as the Executive Secretary of the Petroleum Technology Development Fund (PTDF). He replaces Ahmed Galadima Aminu, who recently resigned to participate in the...

Tinubu Approves Second Runway for Abuja Airport President Bola Tinubu has again approved the construction of a second runway at the Nnamdi Azikiwe International Airport, Abuja, in a move aimed at strengthening Nigeria’s aviation infrastructure. This makes it the second approval by successive Presidents, signalling renewed...

President Bola Tinubu demonstrated foresight in July 2024, when he approved the use of the naira as the payment currency for crude oil supplied by the NNPC to the Dangote Refinery. Since the launch of the naira-for-crude initiative on October 1, 2024, Nigeria has experienced a strategic breakthrough amid the ongoing economic turmoil resulting from the Iran-Israel-US conflict in the Middle East.