The Federal Government’s expenditure on electricity subsidies surged to ₦199.64 billion in December 2024, marking a 2.76% increase from the ₦194.26 billion spent in November, according to the Nigerian Electricity Regulatory Commission (NERC).Wholesale Gas-to-Power Prices UnchangedContext and Broader Impact The Federal Government’s expenditure on electricity subsidies surged to ₦199.64 billion in December 2024, marking a

Teaching is not about the simple transfer of facts from teacher to student; it is about sparking transformation. For too long, Nigeria’s educational system has focused on rote learning, where students memorise and regurgitate information for examinations. This approach, while convenient for standardised assessments, fails to equip learners with the skills they need to navigate

The 2024-2025 Carabao Cup Quarter-finals will take center stage across England from tonight, December 18, and end on Thursday, December 19. The Carabao Cup Quarter-finals encounters will commence with a clash between Arsenal and Crystal Palace at the Emirates Stadium. Fifteen minutes after the Arsenal Vs Crystal Palace game kicks off, action will commence at

The Stakeholder Democracy Network (SDN), in collaboration with the National Council on Climate Change (NCCC), has initiated the process of implementing Monitoring Reporting Verification(MRV)systems to mitigate emissions in Nigeria . Nkiruka Maduekwe, Director-General, NCCC, spoke at an Inception Workshop to Implement MRV for Short-lived Climate Pollutants (SLCPs) in Key Sectors on Tuesday in Abuja. The

The Academic Staff Union of Universities (ASUU) has cautioned against the scrapping of the Tertiary Education Trust Fund (TETFUND), saying such a move would be inimical to the growth of tertiary education in the country. ASUU, in a statement on Tuesday by its national chairman, Professor Emmanuel Osodeke, said the federal government plans to replace

The Nigerian banking system, once celebrated as the backbone of the nation’s economy, is facing a glaring paradox. Customers walk into bank branches daily to access their funds, only to be told that cash is scarce. The situation, which began following the Naira redesign exercise under former President Muhammadu Buhari, has become a troubling norm.

…Emerges Nigeria’s first deep-water project since 2013 …More FIDs expected in 2025-Verheijen Shell Nigeria Exploration and Production Company Limited (SNEPCo), a subsidiary of Shell Plc’s recent $5 billion Final Investment Decision (FID) on the Bonga North project, has ignited optimism surrounding the multinational’s planned asset sale in Nigeria. Shell said in a statement on Monday

For millions of households in the country, the festive season has come at a time when the inflationary pressure is intensifying. And Nigerians are going to be spending more buying rice – a key staple in the country. According to the report released by the National Bureau of Statistics (NBS) on Monday, Nigeria’s inflation rate

Business Day, established in 2001, is a daily business newspaper based in Lagos. It is the only Nigerian newspaper with a bureau in Accra, Ghana. It has both daily and Sunday titles. It circulates in Nigeria and Ghana Read More...

Nigeria’s largely capitalised companies are gradually getting the gender equality calculations right in their board leadership formation. Taking the lead are listed brewing giants, the latest being the appointment of Juliet Anammah as first female board chair of Nigerian Breweries Plc. Rising from its December 12 board meeting, Nigerian Breweries Plc appointed Juliet Anammah as

On December 1, Swiss cement maker and majority shareholder in Lafarge Africa, Holcim, announced an agreement to sell off its 83.8 percent stake in Lafarge Africa to the Chinese cement maker, Huaxin Cement Company. The deal, upon completion, would give Lafarge Africa a 100 percent equity value of $1 billion. In a disclosure to the

Nigeria has a rich football history, celebrated not just for its passionate fans but for producing players who have left a lasting impact on the African and global stage. The CAF African Men’s Footballer of the Year award is a crowning jewel, recognizing the continent’s most outstanding players. For Nigerian footballers, this award symbolizes not