The Federal Government has successfully issued a ₦501 billion inaugural bond to settle legacy debts owed to power generation companies (Gencos) under the Presidential Power Sector Debt Reduction Programme (PPSDRP), recording 100 per cent subscription from pension funds, banks and asset managers. The landmark financing move comes amid renewed concerns over grid stability after Nigeria…
Nigeria Customs generates ₦7.28 trillion revenue in 2025, exceeding target as reforms boost trade facilitation and enforcement.
Federal High Court fines Airtel ₦210m for unauthorised use of “Nigeria Go Survive” in advertising campaigns.
Kano Governor Abba Yusuf meets President Tinubu in Abuja, sparking fresh speculation over a possible defection from NNPP to APC.
Kano Governor Abba Yusuf’s planned defection to APC stalls as party resists his demand for an automatic 2027 ticket.
Nigeria’s oil output slips to 1.42m bpd in December, but Wood Mackenzie forecasts recovery above 2m bpd in 2026.
Dangote Refinery boosts local petrol supply by 65% in December, raising fuel sufficiency and easing Nigeria’s dependence on imports.
Nigeria’s inflation falls to 15.15% in December as food and energy prices ease, with IMF welcoming improved CPI methodology.
Atiku’s son defects to APC, pledges nationwide mobilisation for Tinubu’s 2027 re-election as political realignments intensify.
Governor Soludo urges Southeast to move past civil war narratives, denies Igbo marginalisation, and praises Tinubu’s security efforts.
