Abuja, July 10, 2025 The Nigerian electricity industry is facing a customer backlash, with regulatory bodies reporting a troubling rise in consumer grievances due to faulty meters and billing errors. The Nigerian Electricity Regulatory Commission (NERC) revealed that over 1.22 million complaints were lodged in 2023, with metering issues and overbilling accounting for more than
Abuja, July 10, 2025 — The Nigerian Senate has taken decisive action to re-engineer the country’s struggling power sector by advancing the Electricity Act (Amendment) Bill, 2025 during its second reading on Tuesday. Sponsored by Senator Enyinnaya Abaribe (Abia South) and backed by Senate President Godswill Akpabio, the bill introduces sweeping reforms aimed at preventing
Lagos, July 9, 2025 — Governor Babajide Sanwo-Olu of Lagos State, alongside the First Lady of Nigeria and Senator representing Lagos Central, Oluremi Tinubu, on Wednesday, led the official commissioning of the Ikosi-Isheri Primary Health Centre located at Ikosi-Isheri Local Council Development Area (LCDA) in Ketu. The event, which drew top government officials, healthcare stakeholders,
Abuja, July 9, 2025 — The Central Bank of Nigeria (CBN) has reaffirmed its commitment to expanding access to affordable financial services for all Nigerians, as it hosted the 34th meeting of the National Financial Inclusion Technical Committee at its headquarters in Abuja. The session, held on July 8, 2025, was chaired by Mr. Philip
Abuja, July 9, 2025 The Federal Government has said that Nigeria’s economy is on the path to recovery, crediting the steady improvement to the bold and far-reaching reforms of President Bola Ahmed Tinubu’s administration. Speaking on Wednesday in Abuja during a courtesy visit by the newly elected executives of the Nigerian Guild of Editors, the
Abuja, July 9, 2025 The Nigerian Education Loan Fund (NELFUND), introduced in 2023 by President Bola Ahmed Tinubu, has become a key pillar in the administration’s push to make higher education more accessible for Nigerian youths. Designed as an interest-free loan initiative, NELFUND aims to eliminate financial barriers that often prevent students from pursuing tertiary
Lagos, July 10, 2025 — As Nigeria’s financial technology (fintech) sector continues to expand rapidly, industry experts and regulators are raising concerns over the growing need to strengthen cybersecurity, particularly in the areas of payment security and digital identity protection. With the rise of cashless transactions, mobile banking, and digital wallets, fintech platforms have become
Abuja, July 9, 2025 — The Executive Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Ola Olukoyede, has called for enhanced cyber resilience across Nigeria’s financial ecosystem as a proactive step to tackle the rising tide of internet-related crimes threatening the nation’s economy. Speaking at a high-level stakeholders’ engagement on financial crime prevention
Abuja, July 9, 2025 The African Democratic Congress (ADC) has sharply criticised President Bola Ahmed Tinubu’s economic policies, holding them responsible for Nigeria’s exclusion from recent high-level trade discussions held by the United States government with select African countries. In a strongly worded statement issued on Tuesday, the opposition party said the administration’s failure to
Abuja, July 9, 2025 — The Executive Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Ola Olukoyede, has reaffirmed the Commission’s unwavering commitment to ensuring that the Nigeria Education Loan Fund (NELFUND) serves its intended purpose of empowering students, and not falling victim to corruption or misappropriation. Speaking on Tuesday in Abuja, Olukoyede
