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Nigeria’s total public debt increased by N14.61 trillion in 2025, rising to N159.28 trillion as of December 31, according to the latest provisional data released by the Debt Management Office (DMO) on Wednesday. The figure represents a 10.1 percent year-on-year ...

Nigeria’s apex capital market regulator, the Securities and Exchange Commission (SEC), has directed an immediate freeze on the assets of 13 newly- designated terrorism-linked entities, intensifying efforts to disrupt financial networks tied to insecurity. The directive, titled: “Commission’s sweeping compliance ...

The IMF in its April 2025 World Economic Outlook revised downwards Nigeria’s 2026 growth from 4.4 per cent which it projected in January this year to 4.1 per cent while growth is expected to rise to 4.3 per cent in ...

Jos Electricity Distribution Plc (JED Plc) has launched a new initiative, Power Watch, aimed at curbing the growing menace of energy theft and other illegal activities affecting its operations across franchise states. The Managing Director/Chief Executive Officer, Engr. Sediko Douka ...

The Federal High Court in Abuja on Tuesday ordered all parties in a suit over the leadership crisis rocking the African Democratic Congress (ADC) to maintain the status quo pending the determination of the case. Justice Joyce Abdulmalik issued the ...

Justice Ambrose Lewis-Allagoa of the Federal High Court in Lagos has declared that mandatory or coercive medical interventions, such as vaccination without voluntary consent, are constitutional. Justice Lewis-Allagoa made this declaration while delivering judgment in a fundamental rights enforcement suit ...

The National Commissioner of the Nigeria Data Protection Commission (NDPC) Dr. Vincent Olatunji has said that Nigeria is building a pool of globally competitive human capital to support the country’s digital economy and create jobs in line with President Bola ...

Farmtech Integrated Services, a subsidiary of Komponents and Solutions Rack Limited has embarked on energy project expansion that will deliver cost-effective solutions in Nigeria. Consequently, the firm will unveil Sunwoda Energy Products in Lagos which include a range of advanced ...

Energy experts have criticised the World Bank’s recommendation for Nigeria to deepen fuel importation and fully liberalise its downstream sector, calling the advice ill-timed, economically regressive, and in direct violation of the Petroleum Industry Act (PIA). An energy economist and ...

The Centre for the Promotion of Private Enterprise (CPPE), has advised that the federal government should strengthen its fiscal reforms and boldly encourage local production to sustain economic growth and development. The Center argued that no economy will thrive on ...