Industry

The Senate will today, Wednesday begin the consideration and possible passage of the Tax Reform Bills. Senate President Godswill Akpabio made this known during Tuesday’s plenary as lawmakers returned from their Sallah and Easter…
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A detailed review of the Central Bank of Nigeria’s (CBN) financial report has revealed a significant increase in the country's indebtedness to the International Monetary Fund (IMF) and its overall debt burden under President Bola Ahmed…
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Minister of Power, Chief Adebayo Adelabu, has unveiled an urgent 10-year rescue plan to revive the manpower shortage in the electricity sector, mandating the training of not less than 1,200 electrical engineers within the next decade…
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Professor Izielen Agbon, a renowned petroleum engineering expert, has alleged the existence of a powerful oil cabal comprising international companies, local partners, and insiders within the Nigerian National Petroleum Company (NNPC).…
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The Federal Government has formally ratified and adopted a road map for the Nigerian Electricity Supply Industry ( NESI) by approving the National Integrated Electricity Policy( NIEP). The policy which had been ready since December…
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File photo to illustrate story In a bid to clamp down on the activities of smugglers moving petroleum products from Nigeria to neighbouring countries, the federal government shut down over 400 filling stations in border communities in…
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The federal government has pledged to address the N4 trillion debt owed to Power Generation Companies (GenCos) in the country. In a statement Sunday evening, Bolaji Tunji, Special Adviser on Strategic Communication and Media…
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The decision by the Economic and Financial Crimes Commission (EFCC) to exclude the Chief Financial Officer (CFO) of the Nigerian National Petroleum Company Limited (NNPC), Mr. Adedapo Segun, from the ongoing probe of the national oil…
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Prof.Wumi Iledare In a recent economic analysis, Prof. Wumi Iledare highlighted the complex dynamics behind Nigeria’s fuel pricing system, emphasizing that the reality of the market cannot be ignored or selectively applied. …
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(File photo). One of the takeaways from the 2025 Spring Meetings of the World Bank and the International Monetary Fund (IMF) was the gap between Nigeria's economic self-assessment and that of the Bretton Woods institutions. While…
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