Nigeria’s Federal Government has obtained about ₦700 billion from the Federation Account Allocation Committee (FAAC) to deploy 1.1 million electricity meters nationwide by the end of 2025, the Minister of Power, Adebayo Adelabu, has announced. Adelabu made this known at the 2025 Nigerian Energy Forum in Lagos on Tuesday, themed “Powering Nigeria through Investment, Innovation,…
Amb Bianca Ojukwu, Nigeria’s Minister of State for Foreign Affairs, has called on small and medium-sized enterprises (SMEs) in the South-East to embrace the ECOWAS Trade Liberalisation Scheme (ETLS) as a tool to grow their businesses and compete in the wider West African market. Speaking at a sensitisation workshop in Enugu on Tuesday, Ojukwu said…
The Nigerian Ports Authority (NPA) says 16 ships loaded with petroleum products, food items, and other commodities are scheduled to arrive at Apapa and Tin-Can Island ports in Lagos between 27 and 29 October. In its Daily Shipping Position released on Tuesday, the NPA stated that six of the vessels are conveying crude oil, five…
Many residents of Nigeria’s Federal Capital Territory (FCT) have expressed concern over the surging cost of Liquefied Petroleum Gas (LPG), commonly known as cooking gas, calling on the government to intervene urgently. Speaking with the News Agency of Nigeria (NAN) on Tuesday in Abuja, residents lamented that the sharp price increase had become unsustainable, straining…
Nigeria’s manufacturing executives have reported a marginal rise in business confidence, signalling cautious optimism amid persistent macroeconomic headwinds. The Manufacturers Association of Nigeria (MAN) said its Chief Executive Officers’ Confidence Index (MCCI) increased to 50.7 points in the third quarter of 2025 — a 0.4-point rise from the previous quarter. Speaking in Lagos on Tuesday,…
Nigeria’s downstream energy sector is entering a new phase of growth following deregulation, currency reforms and increased regional collaboration, the Nigerian National Petroleum Company (NNPC) has said. Dr Mumuni Dagazau, the company’s Executive Vice President for Downstream, made the announcement at the 19th Africa Downstream Energy Week in Lagos. The conference, themed “Energy Sustainability: Growth…
Air Peace has hailed the launch of its maiden direct flight from London Heathrow Airport to Nnamdi Azikiwe International Airport, Abuja, as a symbol of national pride and resilience. Nnenna Onyema, Executive Director of International Operations, said in a statement on Monday in Lagos that the route restores the Nigerian flag to one of the…
The Minister of Solid Minerals Development, Dr. Dele Alake, has disclosed that Chinese companies have invested more than 1.3 billion U.S. dollars in lithium processing projects across Nigeria. Alake made this known at the 2025 China Mining Conference in Tianjin, themed “Connect and Collaborate, Co-Build and Co-Share.” The information was contained in a statement issued…
The Executive Director of the Institute of Negotiators, Community and Social Development Experts (INCOS-DE), Dr Kunle Yusuff, has warned that Nigeria and other developing countries may miss out on over $40 trillion in global development and climate financing due to a shortage of certified professionals required to access such funds. Speaking in Abuja at the…
Air Peace has begun direct commercial flights from Abuja to London Heathrow, making it the first Nigerian airline in recent years to secure a coveted slot at one of the world’s busiest airports. The flight, which departed on Sunday, was led by Minister of Aviation and Aerospace Development Festus Keyamo, who described the achievement as…
