Nigeria’s telecommunications industry is on track for a significant transformation by the third quarter of 2025, following a landmark $1 billion investment in new network infrastructure. Minister of Communications and ...
The Nigerian Senate has raised concerns over the Federal Government's escalating electricity debt, which has increased by ₦800 billion in 2025 alone. This surge is attributed to the government's failure ...
Nigeria's economy is facing significant challenges due to a sharp decline in global oil prices, exacerbated by the recent imposition of tariffs by U.S. President Donald Trump. The Federal Government ...
The Federal Government of Nigeria has approved a ₦777 billion budget to complete the reconstruction of the Abuja-Kaduna-Zaria-Kano highway, a critical 700-kilometer corridor linking the Federal Capital Territory to the ...
Nigeria's power sector has achieved a historic milestone, reaching an available generation capacity of 6,003 megawatts (MW) on March 2, 2025. This unprecedented achievement is attributed to recent electricity tariff ...
The Federal Government (FG) of Nigeria and the Nigerian National Petroleum Company Limited (NNPCL) are collaborating to address a substantial fuel subsidy debt totaling ₦7.74 trillion. This debt is slated ...
The Federal Government, through the Ministry of Labour and Employment, has issued a seven-day deadline to the management of Ibadan Electricity Distribution Company (IBEDC) and its outsourcing contractor to renegotiate ...
Nigeria's debt to the World Bank is expected to reach $9.2 billion, as the Federal Government plans to secure six new loans totalling $2.23 billion within the year. These loans ...
The Federal Government has announced that Nigeria's petrol consumption has dropped to 50 million litres per day with half of this demand being met by local refineries. As a result, Nigeria ...
The Federal Government of Nigeria fulfilled its financial commitments as a member country by paying a total of ₦32 billion to the World Bank and five other international organisations in ...
Copyright © 2025
