business
Electricity subsidy falls 35% to N679bn in H1 2026
Nigeria’s electricity subsidy obligation fell by 35.27 per cent to N679.58bn in the first half of 2026, according to the Nigerian Electricity Regulatory Commission.
Fire Within
The latest stories from Ondo State, across Nigeria, and the conversations shaping our community.
News search
11 stories
business
Nigeria’s electricity subsidy obligation fell by 35.27 per cent to N679.58bn in the first half of 2026, according to the Nigerian Electricity Regulatory Commission.
News
Transport fares remain largely unchanged across several states despite the Federal Government’s CNG initiative, as NNPC’s 2025 accounts show N11.2 trillion in receivables from the Federation.
Foreign
Oil prices climbed after US President Donald Trump rejected Iran’s seven-day truce proposal, renewing concerns over supplies through the Strait of Hormuz.
Economy
Finance Minister Taiwo Oyedele has urged the international community to provide Africa with affordable, long-term capital for infrastructure and energy development.
business
The Federal Government is seeking stronger economic cooperation with Saudi Arabia in agriculture, energy, aviation, fintech, trade and investment.
business
The Federal Government has raised N728.98 billion through a second bond issuance aimed at settling verified legacy debts owed to electricity generation companies.
business
India is seeking renewed purchases of Nigerian crude oil as both countries move to rebuild bilateral trade towards its previous peak of nearly $15 billion.
News
A tentative two-week ceasefire has been reached between the United States and Iran, following weeks of intense military exchanges and a looming deadline that threatened to escalate into a full-scale regional war.
Foreign
In a sharp escalation of regional tensions, Iran’s Revolutionary Guard has issued a stern warning, threatening to cut off vital energy supplies to US allies for an extended period.