Economy

Electricity subsidy hits ₦1.98trn: NERC

Amid its struggles to pay the over ₦4 trillion debt owed to power generation companies, the Federal Government incurred a total of ₦1.98 trillion...

2026 budget to consolidate Tinubu’s reform gains: Minister

The Minister of Information and National Orientation, Mohammed Idris, has said the 2026 Federal Government budget is designed to consolidate the gains of President...

NNPC subsidiaries’ debts hit ₦30.3trn despite commercialisation

Despite its transition into a commercial entity, the Nigerian National Petroleum Company Limited (NNPC) is grappling with mounting financial pressure as unviable and underperforming...

Falana slams courts for freeing suspected security funds looters 

Human rights lawyer, Mr Femi Falana (SAN), has criticised Nigerian judges for freeing individuals accused of looting billions of naira meant for arms procurement,...

Medical tourism spending dips 

Nigeria’s spending on medical tourism recorded a significant decline to 96.2% in the first half of 2025 compared to the same period in 2024,...

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