allAfrica.com on MSN
62.5 Percent Rise in Electricity Sector Debt Threatens FG's N1.2trn Bond
Efforts by the Federal Government (FG) to address debts owed to electricity generation companies (GenCos) may be facing increasing challenges as the debt burden rose 62.5% to N6.5 trillion at end 2025 ...
The Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against the Minister of Power, Adebayo Adelabu, and the Nigerian Bulk Electricity Trading Plc. (NBET), over the alleged ...
Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against the Minister of Power Mr Adebayo Adelabu ...
The recapitalisation exercise, which began in 2024, sets N500 billion for commercial banks with international authorisation, N200 billion for national banks, and N50 billion for regional banks. For ...
Business Insider Africa on MSN
Nigeria touts a $2.5 billion plan to end its electricity problems
The persistent and detrimental issue of Nigeria's power sector is currently being addressed with a significant government intervention aimed at resolving the perennial blackouts that plague the nation ...
A four-year-old child was killed while his mother and sister were injured in a horrific N4 accident . Photos: Supplied/Facebook A horrific crash on the N4 highway near Bronkhorstspruit claimed the ...
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