The Central Bank of Nigeria and the Nigerian Communications Commission on Monday signed a memorandum of understanding to tackle SIM-related fraud and strengthen consumer protection across...
Twenty-one states, including Rivers and Kano, are yet to assume regulatory control of their electricity markets nearly three years after the enactment of the Electricity Act...
Nigeria imported about 61.7 million barrels of crude oil from the United States between January 2024 and January 2026, underscoring the country’s growing reliance on foreign...
The World Bank has raised concerns over Nigeria’s fiscal framework, revealing that more than N34.53 trillion was diverted from federation revenue over the past three years...
Nigeria’s electricity sector remains one of the most critical yet troubled components of its economy. Despite decades of reforms, including the landmark Electricity Act 2023, the...
The Federal Government, through the Nigerian Electricity Management Services Agency, has raised the alarm over the increasing number of fire incidents linked to improperly installed rooftop...
The decision by Iran to reclose the Strait of Hormuz has dampened hopes that fuel prices would crash in Nigeria. The Strait of Hormuz was opened...