
Federal Republic Of Nigeria







The TCN has installed a new 75MVA transformer at the Lekki substation to effectively upgrade the station's capacity to increase and improve power supply.

According to business owners, the Central Bank of Nigeria's (CBN) decision to impose cash withdrawal limits on Point-of-Sale (PoS) operators is bad for businesses/

Road transport operators have asked Nigerians to brace up for increased fares before the Christmas and New Year holidays, even as airlines hiked their fares.

NERC has handed over the regulation of the Lagos state electricity market to LASERC, which now oversees electricity generation and distribution in Lagos.

GOtv has said that subscribers on its lower-tier packages can now enjoy Supa Plus packages at N1,800 between December 13, 2024 to January 16 2025.

14 substations to be upgraded and 21 new ones set up under the Presidential Power Initiative, to deliver additional 150MW to be delivered to Nigeria's national grid.

A recent NBS report shows that over 25 million mobile phones were reported stolen in Nigeria in one year, but only 11.7% of the devices were recovered.

The National Bureau of Statistics (NBS) website has been taken over by hackers as the bureau warned Nigerians to disregard any reports coming from the site.

The IMF has released the list of Africa's most indebted countries in 2024, with Egypt leading the pack with $9.45 billion followed by Kenya and others.
Federal Republic Of Nigeria
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