Industry

Electricity supply to Nigerians from the national grid has declined sharply to 3,810 megawatts (MW) as of January 11, 2026, according to data released by the national grid operator. This represents a significant reduction of 520 MW…
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At the heart of this strategy is a target to raise ₦189.16 billion in 2026 through the sale and privatisation of national assets President Bola Tinubu As Nigeria prepares to implement what is set to be one of its largest national…
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Prof. Wumi Iledare By Saidu Abubakar In furtherance of incisive analysis of the global energy landscape with US-Venezuela tension as central, renown petroleum economist, Prof. Emeritus Wumi Iledare, PhD, PEPE, FEIN, FNAEE,…
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A fuel supply arrangement between the Dangote Petroleum Refinery and a group of 20 major petroleum marketers has collapsed, triggering a sharp rise in petrol imports and renewed volatility in Nigeria’s downstream oil sector. The…
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Prof. Wumi Iledare In what looks like a perfect analogy stemming out of desirable synergy, for the first time since PIA came into force, a renown petroleum economist, Prof. Wumi Iledare has observed that the promise embedded in the…
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The Central Bank of Nigeria has opened Nigerian Treasury bills worth N1.15 trillion for investor subscription, signalling an intensified effort to absorb excess liquidity from the financial system. The auction comes just a day after…
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Engr. Saidu Aliyu Mohammed The new Authority Chief Executive, Engr. Saidu Aliyu Mohammed on Wednesday held his first Town Hall Meeting with all staff of The Authority and outlined a strategic vision anchored on regulatory excellence and…
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Former LP Presidential candidate, Peter Obi Former Anambra State Governor and Labour Party presidential candidate, Peter Obi, has sharply criticised what he described as an emerging “era of financial recklessness” in Nigeria, following…
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Lagos ports are gearing up for a busy period in January 2026, with the arrival of 31 vessels carrying essential goods, including petroleum products and food items.  These vessels are expected to dock at two of the nation’s premier…
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...Despite Dangote’s withdrawal The Independent Corrupt Practices and Other Related Offences Commission, ICPC, has vowed to continue its probe of the immediate past Chief Executive Officer of the Nigerian Midstream and Downstream…
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