Business News

FG settles N333bn GenCos debt, dispatches first coupon payment

By Abubakar Yunus The Federal Government on Tuesday said it had fulfilled all commitments under the first tranche of its power sector debt financing programme,...

FG Rolls out consumer credit scheme for laptops, internet-enabled devices

By Abubakar Yunus   The Federal Government on Tuesday launched the Credit for Laptops, Internet, Connectivity and Knowledge Digital Devices (C.L.I.C.K.D) Programme, a new initiative...

FG settles N333bn outstanding liability to eight GenCos

By Abubakar Yunus The federal government says it has paid N333 billion to eight participating electricity generation companies (GenCos), covering 17 power plants, under...

31 companies emerge winners of 2025 licensing round -NUPRC

Thirty-one companies have emerged winners of 37 oil and gas blocks at the 2025 Licensing Round after a keenly contested bidding process, the Nigerian...

AEDC begins repairs at C2 Maitama substation after Wike, Tegbe intervention

The Abuja Electricity Distribution Company (AEDC) has commenced repair works at the C2 Maitama Substation following the resolution of a dispute over the invasion...

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