Larger deficit looms with N1.6trn electricity subsidy
The federal government’s budget deficit is on track to widen as the electricity subsidy to be incurred this year has...
- Sunday, June 21, 2026
BusinessDay
The federal government’s budget deficit is on track to widen as the electricity subsidy to be incurred this year has...
In a move aimed at investing in the huge but largely untapped gas reserves in Africa, the investment arm of...
Electricity consumers in Gombe and some parts of Yola and Bauchi states will experience power outages on Thursday and Friday...
The acquisition of the Federal Government’s (FG) 40 shareholding in electricity distribution companies (DisCos) by the Ministry of Finance Incorporated...
The planned asset sales by international oil companies to local operators are expected to test President Bola Tinubu’s position as...
The decision by Shell, a global energy giant, to exit its onshore business in Nigeria has sent shockwaves through the...
In a move signalling a shift away from onshore oil production, energy giant Shell has agreed to sell its Nigerian...
Geregu Power Plc, a power generation company in Nigeria, has crossed the N1 trillion market capitalisation threshold, joining an elite...
In the face of poor performance and huge overheads, fixing Nigeria’s Ajaokuta Steel Mill has remained the promise of every...
For decades, Nigeria, Africa’s largest oil producer, has been a paradox: a nation swimming in crude yet dependent on imported...