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New NERC Rule To Let Nigerians Earn From Excess Solar Power

Nigeria, June 4 -- Nigerians with solar power systems may soon begin earning credits for excess electricity supplied to the national grid following the rollout of new regulations by the Nigerian Elect... Read More


Dangote Firms Post Massive Profit Surge as Earnings Jump 52% in Q1

Nigeria, June 4 -- With a combined profit before tax of N456.68 billion in the first quarter, a stunning 52 percent increase over the N300.61 billion recorded in the same period last year, Dangote Gro... Read More


Manufacturing Investment Slumps Despite Nigeria's Capital Import Boom

Nigeria, June 4 -- During the first quarter of 2026, Nigeria's manufacturing industry saw a notable drop in foreign investment even as total capital inflows into the nation soared to record levels. ... Read More


CBN Braces for N10.9 Trillion Cash Inflow

Nigeria, June 2 -- As the Central Bank of Nigeria aims to control excess cash and preserve stability across financial markets, the growth offers still another great challenge for it. Despite the C... Read More


Ronaldo Chases Last Chance at World Cup Glory With Portugal

Nigeria, June 2 -- Despite turning 41 before the tournament, the Portuguese captain remains determined to capture the one major trophy that has eluded him throughout his legendary journey. The New... Read More


CBN Targets 95% Financial Inclusion With New Digital Payments Roadmap

Nigeria, June 2 -- The News Chronicle reports that the new Nigeria Payments System Vision 2028 was unveiled in Abuja by CBN Governor Olayemi Cardoso, who described the initiative as a major step towar... Read More


Nigeria Ends $717 Million World Bank Power Deal Amid Electricity Sector Pressure

Nigeria, May 26 -- The decision followed mounting tariff shortfalls, rising foreign exchange costs, and persistent operational setbacks across the sector. The News Chronicle reports that the Feder... Read More


CBN Pumps N9.7 Trillion Into Market as Naira Records April Recovery

Nigeria, May 26 -- The News Chronicle reports that the naira appreciated by N19.67 during the month, closing at an average exchange rate of N1,361.51/$, compared with N1,381.18/$ recorded in March. Th... Read More


World Cup Health Alert Grows as Fans Prepare for Tournament Rush

Nigeria, May 26 -- Millions of football fans are expected to travel among 16 host cities for the event set for June and July; however, The News Chronicle reports that health experts are closely monito... Read More


Private Sector Lending Drops by N14 Trillion Despite CBN Rate Cut

Nigeria, May 26 -- The News Chronicle reports that private sector credit dropped to N80.59 trillion in April 2026 from N94.61 trillion recorded in February, representing a decline of more than N14 tri... Read More