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AfricaTop Story

Togo, Benin, Niger owe Nigeria ₦25.36B unpaid electricity debts – NERC

‎The Nigerian Electricity Regulatory Commission (NERC) revealed in its Third Quarter 2025 report that Togo, Niger, and Benin, currently owe the Nigerian electricity...

Oil and GasTop Story

NNPC subsidiaries drown in ₦30.3tn debt, only 8 out of 32 are debt free

NNPC Limited, Africa’s largest state-owned oil firm, is facing an internal financial reckoning. According to its 2024 audited financial statements released on January...

Oil and GasTop Story

Tinubu clears $1.42bn, ₦5.57tn NNPC debt

‎President Bola Ahmed Tinubu has approved the cancellation of a portion of the debts owed by the Nigerian National Petroleum Company Limited (NNPCL)...

Economy

President Tinubu government seeks fresh N1.15 trillion loan to fund budget deficit

President Bola Ahmed Tinubu has formally requested the Senate’s approval to secure a new N1.15 trillion loan from the domestic debt market to...