Indigenous contractors block the Federal Ministry of Finance in Abuja, demanding payment of N760 billion for completed 2024 projects. The protest disrupts government activities as financial distress deepens.
Nigeria raises $2.25bn via a heavily oversubscribed Eurobond, attracting over $13bn in orders. Analysts credit recent fiscal reforms and FX liberalisation for renewed global investor confidence in Africa's largest economy.
Indigenous contractors protest at Nigeria's Finance Ministry over ₦500 billion unpaid debts, accusing the government of reneging on promises. They demand payment to save jobs and businesses.
Nigeria's public debt surges to N152.39 trillion as experts warn short-term investments threaten fiscal stability. State debts see historic decline. Read the full analysis.
Olisa Agbakoba Legal urges FG to implement maritime reforms, unlocking N70 trillion yearly to service Nigeria's N152.4 trillion public debt and stop massive revenue losses.
Dr. Chinedu Ogwus calls for science-driven reforms in Nigeria's energy sector, highlighting a $28bn annual loss and unreliable power for 70 million citizens. Discover the roadmap for change.
A man, his wife, and three children died in a Katsina fire. The blaze, linked to a power surge, destroyed their home. Read the full report and community reactions.
NERC data reveals electricity distributors collected N196.26b of N241.54b billed in September 2025, creating N45.28b shortfall. Collection efficiency improved to 81.25%. Discover which DisCos performed best.
African countries spent $90B on debt servicing in 2024 while climate finance falls short. G20 summit must deliver debt relief to unlock Africa's green transition and global climate security.
Kenya faces multiple crises: public debt hits 68% of GDP, 41 protest deaths, rising femicide cases, and environmental breakdown. Can President Ruto's priorities save East Africa's powerhouse?
Nigeria attracts over $2 billion in energy investments due to Electricity Act 2023 reforms. Minister Adelabu reveals decentralized power market driving investor confidence nationwide.
Anambra State grants FirstPower Electricity Company a one-year interim distribution license under new state regulatory framework. Historic move aims to boost power supply across the state.
Zamfara First Lady Hajiya Huriyya Lawal has secured the freedom of 436 inmates by settling their N67.2m debt. The intervention occurred during a mass wedding ceremony for 200 orphans in Gusau.
A Nigerian couple borrowed $88,000 for their wedding and will repay $158,924 over 17 years. Shocking details revealed by friend spark wedding cost debate.
Former Ethiopian PM warns G20: Africa spends $90B on debt servicing while climate finance falls short. Debt relief essential for global climate security. Read more.
Nigerian contractors under ANC appeal to President Tinubu for payment of debts owed since January 2024. They face financial crisis ahead of Christmas due to heavy bank interests.
Ekiti State Government has approved N7.72bn for road networks around the new Ado-Ekiti flyover and N1.06bn for electricity extension to underserved communities to boost the economy.
European Central Bank warns AI valuations may be overstretched and sovereign debt levels threaten financial stability. Learn how this affects global markets.
Cross River State and REA launch aggressive clean energy expansion to tackle electricity crisis affecting 15 local councils. Governor Otu reveals only 3 areas have consistent power.
African leaders warn Europe must help break debt cycle as countries pay $163bn annually. Unsustainable debt hampers climate resilience and development across the continent.
Cross River State and REA launch clean energy partnership to end electricity blackouts affecting 15 LGAs. Initiative aims to transform rural economies and reduce generator dependency.
IBEDC escalates fight against energy theft with multiple arrests and prosecutions. Woman charged for assaulting staff, vandalizing vehicle. Several businesses face legal action.
EEDC refutes Imo State's claim of a planned massive power outage, calling it propaganda. The company urges the government to enable, not frustrate, its operations. Read the full details.
A Ghana-based fashion designer reveals shocking electricity problems in Nigeria during her visit. Lights go off 5 times daily, neighborhoods noisy from generators. Read her full experience.
The G20 summit in South Africa endorsed a declaration focusing on critical minerals, climate finance, and debt relief for developing nations. Discover the key outcomes.
South East Political Watchdog calls for investigation into electricity company over prolonged blackouts in Imo State. Armed invasion of TCN station raises security concerns.
Federal High Court directs Lagos Police to withdraw officers from Nestoil facilities in ongoing debt dispute with FBNQuest Merchant Bank. Latest ruling shifts case dynamics.
Nigerian manufacturers spent N676.6 billion on alternative energy in H1 2025 as poor power supply cripples operations. MAN warns of job losses and demands government intervention.
Nigeria's electricity crisis deepens as power plants generate only 5,000MW despite 13,000MW capacity. Transmission failures and DisCo inefficiencies blamed for the massive gap.
A Nigerian woman's N16,000 loan from a mobile app escalated to N365,000 repayment demand. Discover the shocking details and public reactions to this predatory lending case.