By Constance Athekame The Nigerian Electricity Regulatory Commission says electricity distribution companies collected N570.25 billion in the third quarter of 2025, reflecting improved revenue performance across the power sector nationwide during the reporting period. NERC said the amount was collected from N706.61 billion billed to customers, indicating substantial recovery ofContinue Reading
LOTUS Bank appoints Ajani-Lawal as new chief executiveContinue Reading
By Kadiri Abdulrahman Nigeria Revenue Service (NRS) says its replacement with the defunct Federal Inland Revenue Service (FIRS) will overhaul the architecture of the country’s revenue administration. The Executive Chairman of NRS, Dr Zacch Adedeji, said this in a television interview monitored from Abuja. The News Agency of Nigeria (NAN)Continue Reading
By Grace Alegba, News Agency of Nigeria (NAN) As Nigeria started the implementation the 2026 tax reforms, millions of low-income workers, small business owners, and everyday Nigerians are watching closely. The Nigerian Tax Act and the Nigerian Tax Administration Act, two of the four laws collectively known as theContinue Reading
By Taiye Olayemi The pension industry is undergoing one of its most significant reform phases since the introduction of the Contributory Pension Scheme. It is driven by tougher regulation, expanded coverage efforts and renewed confidence among retirees. Central to the reforms is Pension Revolution 2.0, which the National PensionContinue Reading
By Taiye Olayemi The Nigerian stock market opened the week upbeat, gaining N1.869 trillion as market capitalisation soared to N101.806 trillion, boosting investor portfolios. The positive trend was driven by sustained investor interest in heavyweight stocks such as Cadbury, Abbey Mortgage Bank, Fidson, Champion Breweries, FTN Cocoa Processors and 68Continue Reading
By Grace Alegba The Naira on Monday opened the week with further appreciation against the U.S. dollar at the official market trading at N1,429.30. According to data released on the official website of the Central Bank of Nigeria, the Naira gained N1.54. This represents a 0.1 per cent gain whenContinue Reading
By Muhyideen Jimoh Mr Tanimu Yakubu, the Director-General of the Budget Office of the Federation, says President Bola Tinubu’s economic reforms, popularly known as Tinubunomics, were never intended to deliver “instant abundance.” Yakubu stated this in a statement titled ‘Tinubunomics and the Arithmetic of Illusion’, issued on Sunday in Abuja.Continue Reading
By Yunus Yusuf A power expert, Dr Olukayode Akinrolabu, says early improvements in grid stability in 2025 present an opportunity for Nigeria to fix long-standing power sector challenges. He said this in an interview with the News Agency of Nigeria (NAN) on the performance of the power sector in 202SContinue Reading
By Yunus Yusuf The Coalition for Affordable and Regular Electricity (CARE) has urged the federal and state ggovernments to intervene in the power sector, as consumers continued to be exploited twelve years after privatisation. CARE National Coordinator, Mr Chinedu Bosah made the urge in an interview with the NewsContinue Reading
