Oluwatobi Odeyinka
553 articles published since 31 Oct 2025
553 articles published since 31 Oct 2025
GenCos have said unpaid invoices for electricity supplied to the national grid have risen to about N6 trillion, raising concerns over power supply stability.
President Bola Tinubu has ended the 30 per cent management fee previously retained by NNPC on profit oil gas derived from production sharing and related contracts.
President Tinubu has signed an executive order mandating the direct payment of oil and gas revenues, royalties and gas flaring penalties into the federation account.
The NCDMB has reminded companies operating in Nigeria’s upstream oil and gas sector that payment of the one per cent NCDF levy remains compulsory under the law.
Nigerian businessman Abdulsamad Rabiu’s net worth has risen to an estimated $12.3 billion as of February 18, 2026, according to figures tracked by Bloomberg.
Aliko Dangote, president of Dangote Industries Limited, has urged the federal government to convene a national retreat to address Nigeria’s electricity challenges.
Aliko Dangote, has appointed his daughters to key executive positions within the Dangote Group as part of a broader leadership restructuring and succession plan.
FAAN has directed the immediate end of all cash transactions across its operations nationwide as part of the Federal Government’s cashless policy.
The NRS has announced plans to introduce a new electronic invoicing platform aimed at improving tax administration for medium-sized businesses across the country.
Oluwatobi Odeyinka
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