Business

By Emma Ujah,  Abuja Bureau Chief Nigeria’s oil revenue performance fell sharply below budget expectations in the third quarter of 2025 (Q3’25), as the gross oil revenue stood at N4.87 trillion during the quarter, representing a shortfall of N7.88 trillion, or 61.8%, below the quarterly budget projection. This was revealed in the 2025 Q3 Budget Implementation […]

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There are indications that Nigerians and businesses may continue to grapple with an epileptic electricity supply, as generation dropped, yesterday, to 3,527.76 megawatts (MW), showing 877.28mw or 19.92 percent decrease, from 4,405.04MW recorded the previous day, according to data obtained from the Nigerian Independent System Operator (NISO). With critical electricity infrastructure struggling to maintain output, stakeholders […]

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By Cynthia Alo The Minister of Marine and Blue Economy, Adegboyega Oyetola, immediate past President-General of the Maritime Workers Union of Nigeria(MWUN), Adewale Adeyanju, and President of the Nigerian Chamber of Shipping (NCS), Aminu Umar, among others, will gather at the 2026 Shipping Correspondent Association of Nigeria (SCAN) Dockworkers’ Day to discuss sustainable practices and improved […]

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By Cynthia Alo The National Agricultural Development Fund, NADF, and the Office for Strategic Preparedness and Resilience, OSPRE, have signed a Memorandum of Understanding, MoU, to deploy an Agricultural Early Warning System that will provide farmers, policymakers, financial institutions and other stakeholders with timely information for planning and responding to threats affecting food production across the […]

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