Energy Crisis Reshaping Nigeria’s Telecom Industry NIGERIA’S telecommunications operators are increasingly struggling under the weight of soaring energy costs, with industry spending on diesel estimated at about ₦860 billion in 2025 alone. The rising expenditure highlights the deepening impact of Nigeria’s electricity crisis on one of the country’s most strategic economic sectors, as telecom companies […]
Rising Cost of Vegetables Deepens Pressure on Abuja Households RESIDENTS and food business operators across the Federal Capital Territory have raised fresh concerns over the escalating prices of vegetables and staple cooking ingredients, warning that the situation is making feeding increasingly difficult for households and threatening the survival of small food businesses. The complaints come […]
By HENRY OGHENEVWETA GRADEONE Nigeria’s Expanding Debt Burden Sparks Fresh Public Debate NIGERIA’S rising debt profile under President Bola Tinubu’s administration has triggered renewed national debate over fiscal sustainability, transparency and the long-term impact of government borrowing on economic stability. The discussion intensified following the circulation of a detailed political commentary questioning the rationale behind […]
Tinubu Marks Third Anniversary With Defence Of Economic Reforms PRESIDENT Bola Tinubu has reaffirmed his administration’s commitment to economic reform, insisting that the difficult policies introduced since 2023 were necessary to prevent Nigeria from sliding into fiscal and economic collapse. Speaking during a nationwide broadcast to commemorate the third anniversary of his administration, the President […]
Rising Tomato And Pepper Prices Raise Fresh Concerns Over Nigeria’s Food Security THE soaring prices of tomatoes and peppers across Nigerian markets have sparked renewed concerns over food security, with agriculture stakeholders warning that climate change, insecurity, poor irrigation systems, and worsening pest infestations are threatening the country’s vegetable supply chain. Experts say the situation […]
By UBONGABASI LINUS Akwa Ibom Moves to Revive Agricultural Economy Through Tree Crop Initiative Governor to Flag Off Statewide Agricultural Renaissance AKWA Ibom State Governor, Pastor Umo Eno, is set to officially launch the state’s Tree Crop Revolution initiative with the distribution of 620,000 improved seedlings to farmers across the 31 local government areas of the […]
By IFESIOKWU GREG Asagba Calls for Stronger Private Sector Role in Asaba’s Growth Monarch Advocates Partnership Between Palace and Businesses THE Asagba of Asaba, His Royal Majesty Prof. Epiphany Chigbogu Azinge, SAN, has called on business owners and entrepreneurs operating within Asaba Kingdom to take more active responsibility in advancing the socio-economic development of the […]
Nigeria’s Oil Production Recovery Faces Structural Threats Rising Output Offers Temporary Relief NIGERIA’S crude oil production recorded a second consecutive monthly increase in April 2026, raising cautious optimism over improved government revenue and foreign exchange inflows. Latest data released by the Nigerian Upstream Petroleum Regulatory Commission showed that crude production rose to 1.49 million barrels […]
Civil Society Groups Challenge CBN Policy on BVN Phone Number Changes Advocates Raise Concerns Over Data Rights CIVIL society organisations and digital rights advocates have called on the Central Bank of Nigeria to review its restrictions on changing phone numbers linked to Bank Verification Numbers (BVN), warning that the policy could undermine financial inclusion and […]
How a Power Reform Programme Unravelled A Loan Designed to Fix a Broken Power Sector NIGERIA has formally cancelled $717.7 million in undisbursed World Bank funding meant to stabilise its struggling electricity sector. The funds formed part of the Power Sector Recovery Performance-Based Operation, a $1.52 billion programme designed to fix liquidity gaps, improve distribution […]