Nigeria’s electricity metering programme recorded a marginal improvement in August 2025, as the national metering rate increased from 54.71 per cent in July to 55.01 per cent, according to the …
GOVERNMENT
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EconomyGOVERNMENTInfrastructurePower & Energy,Regulation
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BusinessEconomyGOVERNMENTInfrastructurePower & Energy,
Tinubu pledges full support for Siemens power project to boost electricity supply
President Bola Ahmed Tinubu has reaffirmed his administration’s full commitment to improving electricity supply in Nigeria through the Presidential Power Initiative being executed in partnership with Siemens Energy. Speaking during …
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BusinessCyber securityEconomyGOVERNMENTTaxationTechnology
Ogun Tax Chief Orders Strict Cybersecurity
The Executive Chairman of the Ogun State Internal Revenue Service (OGIRS), Olugbenga Olaleye, has directed all directors, zonal controllers, tax office managers, and heads of units to ensure strict compliance …
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BusinessEconomyFinanceForeign ExchangeGOVERNMENTMarkets
Nigeria’s FX Reserves Projected to Hit $45bn in 2025 After $2.3bn Eurobond Success
Nigeria’s foreign exchange reserves are expected to climb to about $45 billion by the end of 2025, following strong investor confidence in the country’s $2.3 billion Eurobond issuance, according to …
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BusinessEconomyFinanceGOVERNMENTInternational AffairsMarkets
Nigeria Returns to Global Market with $2.25bn Eurobond, Draws $9.1bn Investor Demand Despite US Tension
The Federal Government of Nigeria has successfully returned to the international capital market with a $2.25 billion Eurobond issuance, attracting an impressive $9.1 billion in investor orders despite global uncertainty …
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AgricultureDevelopmentEconomyFinanceGOVERNMENTInternational Partnerships
FG secures $500m World Bank loan to boost Nigeria’s agricultural value chains
The Federal Government has secured a $500 million loan from the World Bank to strengthen Nigeria’s agricultural value chains and accelerate food security and rural industrialisation in line with President …
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BusinessEconomyEnergyGOVERNMENTInfrastructure
FG Reaffirms Commitment to Brass Gas Projects, Targets Industrial Growth and Energy Transition
The Federal Government has reaffirmed its commitment to accelerating the completion of the multi-billion-dollar Brass Gas Projects in Bayelsa State as part of efforts to industrialise Nigeria through the strategic …
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BusinessCorporate GovernanceEconomyGOVERNMENTPoliciesTechnology
CAC Defends Registrar-General, Reaffirms Commitment to Transparency Amid Reform Criticism
The Corporate Affairs Commission (CAC) has reaffirmed its commitment to transparency, reform, and efficient service delivery under President Bola Tinubu’s Renewed Hope Agenda, following what it described as a series …
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Capital MarketEconomyGOVERNMENTLeadershipMaritime
NPA Boss Dantsoho Says Human Capital Is Nigeria’s Strongest Maritime Asset
The Managing Director of the Nigerian Ports Authority (NPA), Dr. Abubakar Dantsoho, has said that the agency’s greatest strength lies not only in its infrastructure and technology but in its …
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BusinessEconomyFinanceGOVERNMENTINVESTMENTManufacturing
MAN Applauds Nigeria’s Removal from FATF Grey List, Says Move to Boost Manufacturing Sector
The Manufacturers Association of Nigeria (MAN) has commended the removal of Nigeria from the Financial Action Task Force (FATF) grey list, describing it as a major boost for the country’s …