Nigeria’s unreliable electricity supply imposes costs that extend beyond monthly power bills. Companies spend billions of naira on energy, while smaller businesses must buy fuel, operate generators and absorb losses when outages interrupt their work.
The Federal Government has set a target of generating 70,000 megawatts of electricity by 2030, seeking to expand power infrastructure to meet rising demand from industries, businesses and households despite persistent supply shortages.
Nasdaq-listed digital identity provider Trust Stamp has finalized a three-year agreement with Nigerian systems integrator BLIP Limited. Built around artificial intelligence verification software, the partnership aims to overhaul government registration programs.
As West Africa continues to navigate complex power sector reforms, structural grid expansion challenges, and an accelerated push toward renewable energy adoption, key global and regional stakeholders are gathering in Lagos for the landmark 13th edition of Nigeria Energy.
Nigeria and Senegal have reaffirmed their commitment to strengthening bilateral relations, with discussions focusing on regional security, trade, investment and economic integration following the formal accreditation of Nigeria’s ambassador to the West African country.
President Bola Tinubu has congratulated Brazilian President, Luiz Inácio Lula da Silva, on his victory in securing a fourth term in office, reaffirming Nigeria’s commitment to strengthening bilateral relations with Brazil.
Coronation Group’s N200 billion Coronation Infrastructure Fund (CIF) represents a potentially significant intervention in the country’s quest to convert financial resources into productive economic assets.
The Coordinating Minister of Health and Social Welfare, Prof.Muhammad Pate, says Genomic analysis of Nigeria’s imported Ebola Virus Disease (EVD) case has shown that the isolated virus appears closely related to that identified in the index case in Kenya.
Governor of the CBN, Olayemi Cardoso, has emphasised the importance of engaging directly with businesses to understand the opportunities and constraints affecting financial activity between Nigeria and China, particularly those that could inform efforts to develop deeper, more accessible financial markets.
The UNDP–Oxford Poverty and Human Development Initiative report released on October 12, 2026, highlights deprivation across health, education, and living standards. It also identifies particularly severe poverty in rural communities and northern Nigeria. According to the report, 113 million Nigerians, or 48.7 per cent of the population, are classified as multi dimensionally poor.
An Akwa Ibom State High Court sitting in Uyo has dismissed a petition seeking the dissolution of a marriage that has lasted over 43 years, ruling that lack of love and mutual respect between spouses does not, on its own, constitute sufficient legal grounds for divorce.
