REA: Solar Energy Now Provides 20% Of Nigeria’s Electricity Supply, May Reach 50% By...

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Solar power generation has increased significantly in the last few years to about 20 per cent of Nigeria’s electricity supply and could reach 50...

Nigerian Filling Stations Close Amid Fresh Petrol Price Hike Speculation

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Some Nigerian filling stations have shut down following speculative hikes in the price of premium motor spirit. Total, Emedab and other filling stations are closed...

Oil And Agriculture Increase Climate Vulnerability Of Nigerian Banks — Fitch

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Nigerian banks are particularly exposed to climate-related risks as significant parts of their loan books are exposed to oil, gas and agriculture, sectors that...

UN Warns Nigeria’s Investment Drive Faces Rising Global Challenges

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The United Nations Conference on Trade and Development (UNCTAD) has warned that rising global uncertainty, trade disputes and geopolitical tensions could make it harder...

Dangote Refinery’s Case Against FG Over Import Licences Stalled As Judge Is Absent

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The case filed by Dangote Petroleum Refinery against the Federal Government over the alleged issuance of fuel import licences to some petroleum marketers was...

Nigeria’s Foreign Reserves Increase But UAE Loan Risks Remain – Report

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Nigeria’s recent $1.5 billion funding deal with a United Arab Emirates bank might have provided some short-term relief for foreign exchange pressures but the...

Nigerian Banks Face New Era As CBN Introduces Regulatory Changes

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For years, Nigeria’s financial system has been operating under the shadow of regulatory warnings, weak enforcement and recurring compliance failures. But with the recent wave...

$1.8bn Damages Claim Against Nestoil And Neconde May Affect Banks

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Legal and financial risks facing FirstBank and its lending partners have grown significantly since the collapse of their bid to transfer the ongoing Nestoil/Neconde...

Chinese Envoy Delivers Lecture At NIPSS On Bilateral Relations

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The Chinese Ambassador to Nigeria, Yu Dunhai on Tuesday, delivered a lecture titled ‘Nigeria – China Relations and the Orange Economy: Opportunities for Nigeria’...

FG Allegedly Cornered 32% Of May FAAC Revenue — Oye Claims

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Chairman, Alliance for Economic Research and Ethics Ltd/GTE, Dele Oye, has condemned the manner in which the federal government handled the May 2026 Federation...