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Nigerian loses Upwork job over power, installs solar

A Nigerian remote worker lost a lucrative Upwork job paying $10/hour after a week-long power outage. She has now installed a solar power system to secure future opportunities. Read her story and reactions.

23 Banks Meet CBN Capital Target, 3 to Merge

Nigeria's banking sector consolidates as 23 banks meet new CBN capital requirements. Access, Zenith lead. Three banks set to merge ahead of March 2026 deadline. Full details inside.

Power generation shrinks by 62% in December 2025

Nigeria's power plants operated at just 38% capacity in December 2025, highlighting deep structural issues. Read the full NERC report analysis and what it means for the service-based tariff.

itel Unveils Cloud Dancer Tech Range in Nigeria

itel partners with Pantone to launch a limited-edition tech collection in Nigeria, featuring the 2026 Colour of the Year, Cloud Dancer. Discover stylish, functional accessories for young Nigerians.

CBN Issues New Cash Directive to Banks for 2026

The Central Bank of Nigeria has directed commercial banks to guarantee steady cash flow in ATMs and branches nationwide. This follows a successful festive season with minimal scarcity.

Man Cries Out as N100k Bank Transfer Becomes N63k

A Nigerian man raises alarm after transferring N100,000 to his Zenith Bank account, only to find a balance of N63,000. The incident sparks online reactions and tax deduction theories. Read full details.

Bayelsa Governor Urges Patience on Power Project

Governor Douye Diri asks Bayelsa residents for understanding as the 60MW independent power project faces delays but is over 90% complete. Target inauguration set for February anniversary.

MA'AM Energy Takes Control of Geregu Power in $750m Deal

MA'AM Energy Limited becomes the new controlling shareholder of Geregu Power Plc in a landmark $750 million transaction, leading to a complete board overhaul. Discover the details and implications for Nigeria's power sector.

Otedola Sells Geregu Power Stake for N1.088 Trillion

Nigerian billionaire Femi Otedola has sold his controlling stake in Geregu Power Plc in a landmark N1.088 trillion transaction. Discover the details and implications of this major shift in Nigeria's energy sector.

Nigeria's Power Grid Collapses, Supply Drops to 50MW

Nigeria's national electricity grid collapsed on Monday, December 29, 2025, causing a nationwide blackout. Only two distribution companies received power. Read for details and restoration updates.

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