Nigeria's Money Supply Reaches N119 Trillion
Nigeria's broad money supply increased to N119.04 trillion in October 2025, driven by rising domestic assets despite falling foreign reserves. Learn what this means for the economy.
Category : Search result: reliable power supply
House Committee Summons Agencies Over Power Probe Evasion
House of Representatives committee summons BPP, Budget Office, AGF for evading oversight on power sector reforms investigation. Agencies given December 8 deadline to appear.
Anambra Issues FirstPower 1-Year Electricity License
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.
Nigerian-Led Aegis AI Wins Global Supply Chain Award
Dr. Joshua Denila's Aegis AI wins IoT in Supply Chain Award at 2025 ITC Go Global Awards for transforming global trade with AI and IoT technology. Discover how this innovation boosts supply chain security.
China's Rare Earth Control Shapes US Trade Relations
China's decades-long strategy to dominate rare earth minerals gives Beijing crucial leverage in ongoing trade negotiations with the United States. Discover how this impacts global technology and defense sectors.
Nigeria's Money Supply Jumps to N117.8 Trillion
Nigeria's money supply surged by 75.9% to N117.78 trillion in two years, CBN data reveals. Experts warn this could trigger inflation if it outpaces economic productivity.
Rice Prices Drop 40% in Nigerian Markets
Nigerian consumers rejoice as rice prices plummet from N95,000 to N55,000 per bag due to increased local production and imports. Traders face losses while experts warn the relief may be temporary.
Cargo Disruptions Feared as Imports Surge in Ember Months
Nigerian customs agents report system slowdowns during peak import season, threatening supply chains. The NCS attributes issues to user-specific problems, urging traders to use help desks.
Nigeria's Power Grid Operates at 40% Capacity
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.
Stakeholders Seek Urgent Fix for Nigeria's Power Grid
Industry leaders warn Nigeria's power infrastructure needs immediate upgrade as states decentralize electricity market. Regulatory harmony and investment crucial for energy stability.
Reps Launch Probe Into Power Sector Failures
The House of Representatives vows to fix Nigeria's electricity crisis, launching a major investigation into 17 years of sector failures and proposing a new bill to combat energy theft.
FG Commends Schneider Electric on Power Sector Reforms
Federal Government applauds Schneider Electric's 25-year contribution to Nigeria's power sector through energy efficiency and digital automation. Discover how this partnership drives sustainable growth.
Four jailed for vandalising EEDC facilities in Ebonyi
Four men have been sentenced to four years in prison for vandalising EEDC electricity equipment in Ebonyi State. The convictions highlight the ongoing battle against infrastructure vandalism.
Nigeria to earn $1bn from electricity exports
Nigeria plans to generate N1.49 trillion annually by exporting 600MW of electricity to 15 West African countries following successful grid synchronization tests. Full details on this energy breakthrough.
NASS Intensifies Bill to Combat Energy Theft in Nigeria
The National Assembly is strengthening a bill with stricter penalties to tackle energy theft and help DisCos recover huge government debts, boosting Nigeria's power sector. Read more.
China pledges reliable rare earth supply to Germany
Germany's Finance Minister Lars Klingbeil obtained China's commitment for reliable rare earth supplies during his Beijing visit. This breakthrough addresses critical supply chain concerns for German manufacturers.
Reps Probe 17 Years of Power Sector Investments
Nigerian House of Representatives launches a full-scale investigation into all power sector investments and reforms from 2007 to 2024, vowing to correct 17 years of failure.
IPMAN Warns of Fuel Crisis Over NMDPRA Debt Delays
IPMAN alerts Nigeria of potential fuel disruption as NMDPRA delays debt payments for over 3 years. Association seeks FG intervention while praising NNPC settlement.
Man Gets 16.9kwh for ₦2000 Under Band A Tariff
A Nigerian man's electricity receipt showing he received 16.90kwh for ₦2000 under Band A tariff goes viral, sparking reactions about possible price reductions or system glitches.
China, Netherlands Resolve Nexperia Chip Dispute
The Netherlands suspends takeover of Chinese-owned Nexperia in goodwill gesture. China welcomes move as first step to resolve semiconductor supply chain tensions. Read latest developments.
Power vs Authority: Why Nigerian Leaders Fail
Good governance expert Kalu Okoronkwo explains how Nigerian leaders confuse power with authority, using the Wike-naval officer clash as a case study. Discover why this crisis persists.
Nigeria Must Modernize Maritime Transport Laws
Maritime stakeholders call for urgent modernization of Nigeria's transport laws to compete globally. Experts warn outdated regulations threaten blue economy ambitions.
Find Your Inner Sisi Again: Confidence Revival Guide
Discover how to reclaim your vibrant, confident self using insights from Nigerian film Adire. Learn 7 practical steps to rediscover your allure and feminine power in daily life.
JMG Donates Solar Power to Ketu Health Centre
JMG Limited commissions solar power system at Ketu Primary Healthcare Centre, ensuring uninterrupted electricity for life-saving medical procedures in Lagos.
Petrol Price Cut: NNPC Sells at N910 in Lagos
NNPC has reduced petrol prices across Nigeria, offering relief to motorists. Dangote Refinery clarifies the reason behind the price adjustment. Read for full details and state-by-state breakdown.
Local Refiners Demand Crude Price Regulation in Nigeria
Nigerian petroleum refiners urge government intervention on crude oil pricing and supply challenges. CORAN seeks regulatory protection to compete against importers.
NUEE Threatens National Blackout Over Staff Attack
Nigerian electricity workers threaten nationwide shutdown after police brutality in Imo State. Union demands immediate release of abducted staff and safety guarantees.
Oborevwori blames BEDC for Delta power outage
Delta State Governor accuses BEDC of deliberately plunging communities into darkness despite adequate power supply from Transcorp Power. Read the full story and its impact.
Expert: Nigeria must break systemic poverty barriers
Economic experts warn Nigeria must reform its power sector, strengthen capital markets, and overhaul institutions to escape systemic poverty and achieve prosperity.
Ezra Olubi Case: Sex, Power in Nigerian Workplace
Exploring sexual misconduct allegations against Paystack's Ezra Olubi and broader workplace power dynamics in Nigeria. Analysis of corporate culture, consent issues.
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