Nigeria’s power generation dropped by 45% due to gas shortages and poor transmission infrastructure, as calls for reforms and improvements in the energy sector grew louder.
Business
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Nigeria’s government approves a 50% electricity subsidy for hospitals to ease financial strain and enhance healthcare services.
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Nigeria’s government vows to shut down filling stations over high fuel prices as petrol hits N1,000 per liter.
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BusinessNews
Atiku Questions FG Over Oando’s Accelerated Approval in AGIP/ENI Deal and Subsidy Payments
Atiku Abubakar questions the Nigerian government’s fast-tracked approval for Oando’s oil deal and unresolved subsidy payments, raising corruption concerns.
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Zhongshang Fucheng seizes Nigerian Bombardier 6000 jet in Canada, escalating a legal battle over $70 million in arbitration awards.
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Nigeria’s CBN reports record remittance inflows of $553 million in July 2024, a 130% increase from 2023.
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Nigeria will begin naira-based crude sales to the Dangote Refinery on October 1, a move aimed at strengthening the local economy.
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NERC grants new permits for power generation, including licenses for MTN and Golden Penny Power, enhancing Nigeria’s energy infrastructure.
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BusinessNewsOpinionPolitics
Gbenga Daniel Calls on Tinubu to Seek Diplomatic Resolution in Ogun FTZ Dispute
Gbenga Daniel calls on President Tinubu to pursue diplomacy in the Ogun Free Trade Zone dispute, aiming to protect Nigerian assets abroad.
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Nigeria’s healthtech startups have earned $194 million but still trail Kenya in investment, highlighting challenges and opportunities in Nigeria’s healthtech sector.
