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October 15, 2026 12:45 am
Electricity tariffs reflect 40% losses, inefficiencies — Presidential aide
October 15, 2026 12:39 am
EU backs Nigeria’s broadband expansion with €14m grant
October 15, 2026 12:38 am
EAPEAN prioritises practical skills over certificates
October 15, 2026 12:37 am
War drains 2bn barrels of Middle East oil output — Kpler
October 15, 2026 12:36 am
WAPP plans second phase of regional electricity market
October 15, 2026 12:32 am
Denmark reaffirms commitment to Nigeria’s maritime safety
Experts slam Tinubu’s N100.5bn airport reimbursement plan for Yobe
October 15, 2026 12:50 am
Power: Metering hits 63%, 4.7m left out
Business & Economy
Economic reforms must protect vulnerable Nigerians – Oyedele
Business & Economy
NPA pushes inland dry port modernisation
Maritime
$1tn economy: Tinubu, Sanwo-Olu back transport reforms
Business & Economy
NEPAD urges Tinubu to sustain private sector devt across Africa
Business & Economy
Electricity tariffs reflect 40% losses, inefficiencies — Presidential aide
Presidential aide on Power, Lanre Babalola, says Nigeria’s high electricity tariffs reflect about 40% operational losses and system inefficiencies….
EU backs Nigeria’s broadband expansion with €14m grant
The European Union has committed a €14m grant to support Nigeria’s plan to deploy 90,000km of fibre-optic cable for nationwide broadband expansion….
The Employers Association for Private Employment Agencies of Nigeria says practical skills, not just certificates, are key to solving Nigeria’s unemploymen…
War drains 2bn barrels of Middle East oil output — Kpler
The ongoing war in the Middle East has caused over 2 billion barrels in crude oil production outages, with 5 million bpd still offline, says Kpler….
WAPP plans second phase of regional electricity market
The West African Power Pool says the second phase of its regional electricity market is expected to be launched early next year to boost power supply….
Denmark reaffirms commitment to Nigeria’s maritime safety
Denmark has committed to further cooperation with Nigeria on maritime security, focusing on intelligence sharing and capacity building in the Gulf of Guine…
Power: Metering hits 63%, 4.7m left out
Nigeria’s electricity metering rate reached 63.10% in August 2026, but 4.7 million customers remain unmetered, according to NERC data….
Economic reforms must protect vulnerable Nigerians – Oyedele
Finance Minister Taiwo Oyedele says economic reforms must protect vulnerable Nigerians, highlighting social measures like cash transfers to over 10m househ…
NPA pushes inland dry port modernisation
The Nigerian Ports Authority is pushing to upgrade inland dry port infrastructure and technical capacity to complement the ongoing modernisation of seaport…
President Tinubu and Governor Sanwo-Olu have called for an integrated transport system to drive Nigeria’s ambition of building a $1tn economy….
NEPAD urges Tinubu to sustain private sector devt across Africa
The NEPAD Business Group Nigeria has urged President Bola Tinubu to sustain efforts promoting private sector development to boost Africa’s global competiti…
Brewing industry has huge growth potential — NB CEO
Nigerian Breweries CEO, Thibaut Boidin, discusses the company’s 80th anniversary, its improved financial health, and the huge growth potential of Nigeria’s…
Eko Power adopts cost-reflective tariffs
Eko Power Limited says it now operates under cost-reflective electricity tariffs approved by the Lagos State Electricity Regulatory Commission (LASERC)….
IMF warns Nigeria against subsidy return
The IMF has warned Nigeria against reinstating blanket petrol subsidies, advising the government to instead provide targeted financial aid to vulnerable ho…
Truckers petition police, seek probe into driver attack
The Association of Maritime Truck Owners has petitioned the police to investigate the alleged assault of a truck driver and his assistant by an Indian firm…
Tenaris invests $10m in Nigeria’s thermal insulation plant
Tenaris Global Services invests $10m to upgrade its thermal insulation plant in Onne, making it the only five-layer facility in sub-Saharan Africa….
FG approves new grid to curb collapses
The Federal Government has approved plans to build a new Eastern-Western electricity grid to address Nigeria’s recurring power grid collapses….
NEM Insurance renovates Ilupeju school, highlights insurance benefits
NEM Insurance Plc has renovated Ilupeju Primary School in Lagos and donated notebooks as part of its corporate social responsibility efforts….
FG plans N5.4tn T-bill sales, favours one-year debt
The Federal Government plans to issue N5.40tn in Nigerian Treasury Bills from October to December 2026, with N4.10tn allocated to one-year securities….
FG seeks $78.5bn for 65 projects
The Federal Government is seeking $78.5bn in private capital to finance 65 projects across critical sectors to attract investors and create jobs….
NUPRC links 2025 bid round fields to existing facilities
The NUPRC has mapped fields from the 2025 oil and gas bid round to existing facilities to accelerate development and boost Nigeria’s oil production….
Equities rebound as market capitalisation hits N160.8tn
The Nigerian equities market closed positively as market capitalisation rose to N160.812tn, with the All-Share Index appreciating to 247,673.65 points….
FTN Cocoa cuts 2025 loss by 97% to N273m
FTN Cocoa Processors Plc has reduced its loss after tax by 97% to N273.40m for the 2025 financial year, down from N9.53bn recorded in 2024….
Abbey Mortgage Bank set to review Q3 financial results
Abbey Mortgage Bank Plc will hold a board meeting on October 22, 2026, to consider its unaudited financial statements for the third quarter ended September…
NIMASA will showcase the operational capabilities of its Deep Blue Project through live demonstrations at the 2026 Africa International Defence Exhibition….
Stakeholders warn that Nigeria is losing billions and thousands of jobs by exporting raw gemstones instead of processing them into finished products….
Nigeria eyes $10bn savings through lower inflation, interest rates
Nigeria could save over $10bn in fiscal costs by bringing inflation to single digits, allowing interest rates to fall, says Finance Minister Taiwo Oyedele….
Dangote refinery moves from $1.73bn debt to net cash
Dangote Petroleum Refinery recorded a $4.7bn net profit in nine months, moving from a $1.73bn net debt position in 2025 to a net cash position of $650.8m….
Dangote to prioritise investors with N50,000 in refinery IPO
Aliko Dangote says investors with N50,000 and below will get priority in the Dangote Refinery IPO to widen participation in the company’s share sale….
CBN governor Cardoso appointed AFC board chairman
The Africa Finance Corporation has appointed the Governor of the Central Bank of Nigeria, Olayemi Cardoso, as the new Chairman of its Board of Directors….
Sterling Bank, Cascador unveil $200m SME credit fund
Sterling Bank and Cascador have launched a $200m SME Credit Backstop Fund to expand access to growth capital for Nigerian small and medium enterprises….