Nigeria Moves to End Solar Panel Imports as REA Backs Local Production
The Rural Electrification Agency (REA) has thrown its weight behind a solar panel production initiative in Lagos, as the federal government moves to phase out the importation of photovoltaic (PV)…
150 Million Nigerians Now Have Access to Adequate Electricity – Power Minister
The Minister of Power, Adedayo Adelabu, has revealed that approximately 150 million Nigerians now have access to adequate electricity, although around 80 million people still lack reliable power supply. Speaking…
Raw Material Exports Keep Africa Poor — AfDB President Adesina
President of the African Development Bank (AfDB), Dr. Akinwumi Adesina, has urged African countries to end the export of raw materials, emphasizing that doing so is essential for lifting the…
Housing Minister Warns Developers: Deliver on Time or Face Blacklisting
The Minister of Housing and Urban Development, Ahmed Musa Dangiwa, has delivered a clear warning to developers working on the Renewed Hope Housing Projects nationwide, emphasizing the federal government’s firm…
FCT Minister Inspects Key Road and Infrastructure Projects in Abuja
The Minister of the Federal Capital Territory (FCT), Mr. Nyesom Wike, has continued his hands-on approach to governance with recent visits to several ongoing road construction sites across Abuja. On…
Presidency: Tax Reform Bill to Empower Nigerians, Alleviate Poverty
The Federal Government’s proposed Tax Reform Bill is designed to lift more Nigerians out of poverty and promote economic empowerment, especially for low-income earners and small businesses, according to Taiwo…
Nigeria Slashes Power Supply to Niger Republic Amid Lingering Tensions
The Nigerian government has cut electricity exports to Niger Republic by nearly half, dropping its supply from 80 megawatts to just 46MW — a move that’s deepened the energy crisis…
Tinubu Launches Construction of Major Superhighway Linking Ebonyi to Abuja
President Bola Ahmed Tinubu has officially launched the construction of the ambitious 465-kilometre Calabar-Ebonyi-Benue-Nasarawa-Abuja Superhighway — a project poised to boost economic connectivity across multiple states and reshape travel in…
Petrol Prices May Slide Closer to ₦800 as Market Forces Shift
The price of petrol in Nigeria could soon drop to around ₦800 per litre, thanks to a combination of falling global oil prices and a renewed government initiative aimed at…
Naira down to N1,620/$ in parallel market
The naira yesterday depreciated to N1, 620 per dollar in the parallel market from N1,618 per dollar on Tuesday. But, the Naira appreciated to N1,599 per dollar in the Nigerian…