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Business and Economy

National grid collapse continues in 2026, as Nigerian cities thrown in darkness

MANY major cities in Nigeria are currently experiencing blackouts due to a complete failure of the national electricity grid. ...

Value-addition in cocoa, ‘zobo’, sesame, others improving non-oil revenue – NEPC

THE Nigerian government said its decision to enhance value addition for various non-oil exports, including cocoa, sesame, cotton, and...

How Nigeria can achieve IMF’s 2026 growth forecast – Economists

ECONOMISTS have warned that Nigerians should cautiously embrace the International Monetary Fund (IMF) projection of 4.4 per cent economic...

Electricity Act: Abuja DisCo transitions into HoldCo, unveils new subsidiaries

The Abuja Electricity Distribution Plc (AEDC) has transitioned to a holding company (HoldCo) to enhance its effectiveness in Nigeria’s...
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Three months on, Lagos Trade Fair complex traders haunted by demolition nightmare

Ehime ALEX THE bustling Lagos International Trade Fair Complex, spanning 300 hectares along the Lagos-Badagry expressway and home to numerous...

Nigeria inflation eases to 15% in December, says NBS

NIGERIA's year-on-year inflation rate stood at 15.15 per cent in December, relative to the November 2025 headline inflation rate...

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