The Nigerian Senate has firmly opposed the Ministry of Power’s proposed electricity tariff hikes, emphasizing the need to alleviate the burden on citizens amidst prevailing economic...
After a two-day suspension of operations by the Nigerian Association of Road Transport Owners (NARTO), oil transporters have resumed operations following government intervention. The suspension had...
Following a high-level meeting between government officials and major cement manufacturers, consumers across Nigeria can anticipate a significant drop in cement prices with bags expected to...
Nigeria’s unemployment rate surged to 5.0% in the third quarter (Q3) of 2023, representing an increase of 0.8% from the previous quarter, according to recent statistical...
Oil marketers and members of the Nigerian Association of Road Transport Owners (NARTO) are engaged in intense negotiations to prevent a potential nationwide shutdown of fuel...
The European Union (EU) has announced a significant investment of 37 million Euros into Nigeria’s power sector to enhance infrastructure and address critical energy needs. EU’s...
Nigeria’s petrol subsidy has surged to N907.5 billion monthly, surpassing the levels seen before President Bola Tinubu’s decision to halt the costly practice last May. Analysis...
Nigeria’s headline inflation surged to 29.90% in January 2024, a significant uptick from the December 2023 figure of 28.92%, according to the latest data released by...
Nigeria’s power sector is facing a significant financial challenge as its debt surged to N3.3 trillion, with the cost of electricity subsidy nearing N3 trillion, according...
The Federal Government of Nigeria has unveiled plans to distribute 42,000 metric tonnes (MT) of grains to impoverished Nigerians at no cost. This announcement came in...
