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Seven States Step Into Electricity Regulation Under Tinubu Administration 0
- BUSINESS
- June 24, 2025
Seven states step into electricity regulation under Tinubu administration The Nigerian electricity sector has entered a historic phase as seven states — Enugu, Ondo, Ekiti, Imo, Oyo, Edo, and Kogi — formally assume responsibility for regulating their own electricity markets, following the implementation of the Electricity Act 2023. The Act, signed by President Bola Tinubu,
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Nigeria’s Forex Reserves Soar To $38.4 Billion, Fiscal Deficit Narrows Under Tinubu’s Reforms 0
- BUSINESS
- June 24, 2025
Nigeria’s Forex Reserves Soar to $38.4 Billion, Fiscal Deficit Narrows Under Tinubu’s Reforms Fiscal Deficit………… Nigeria’s foreign exchange reserves have climbed significantly, rising from $32.9 billion at the end of 2023 to over $38.448 billion by June 2025, marking a notable milestone in the country’s economic recovery efforts. The disclosure was made on Monday,
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Nigeria’s Pension Fund Hits ₦23.65tn As Infrastructure Deployment Remains Hampered By Risks 0
- BUSINESS, SLIDE
- June 23, 2025
Nigeria’s Pension Fund Hits ₦23.65tn as Infrastructure Deployment Remains Hampered by Risks Nigeria’s pension fund industry has reached a new milestone, with the total Net Asset Value (NAV) growing to ₦23.65 trillion as of April 30, 2025, up from ₦23.32 trillion recorded a month earlier. This steady rise, revealed in the National Pension Commission
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Global Oil Shock Pushes Nigerian Petrol Toward ₦1,000 Per Litre 0
- BUSINESS, SLIDE
- June 23, 2025
Rising Tensions, Rising Prices: Global Oil Shock Pushes Nigerian Petrol Toward ₦1,000 Per Litre A renewed geopolitical crisis involving the United States, Israel, and Iran is rattling global oil markets and placing new pressure on Nigeria’s fuel economy. With global crude oil prices hovering near $80 per barrel, Nigeria is bracing for another
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Dangote Refinery Set To Begin Nationwide Fuel Distribution By August 15, 2025 0
- BUSINESS, SLIDE
- June 16, 2025
Dangote Refinery Set to Begin Nationwide Fuel Distribution by August 15, 2025 In a major milestone for Nigeria’s energy sector, the Dangote Petroleum Refinery announced on Sunday that it will officially commence the nationwide distribution of Premium Motor Spirit (PMS), widely known as petrol, and diesel on August 15, 2025. The development marks a transformative
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World Bank Allocates $40m To Boost Health Insurance For Poor Nigerians Under New HOPE-Health Programme 0
- BUSINESS, SLIDE
- June 15, 2025
World Bank Allocates $40m to Boost Health Insurance for Poor Nigerians Under New HOPE-Health Programme In a landmark move aimed at strengthening Nigeria’s healthcare safety net, the World Bank has allocated $40 million to support financial protection for the country’s poorest and most vulnerable citizens. The funding is part of a broader health intervention known
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