NBET BEGINS PAYMENT TO GENCOS UNDER TINUBU’S DEBT REDUCTION PROGRAMME

The Nigerian Bulk Electricity Trading Plc, NBET, has commenced payment to Generation Companies and their gas suppliers under President Bola Tinubu’s Debt Reduction Programme.
STAKEHOLDERS DISCUSS ROLE OF CREDIT RATINGS IN ECONOMIC DEVELOPMENT

Nigeria plans to cut its debt-service-to-revenue ratio to 21 percent by 2030 from 62.93 percent in 2025.
FG ANNOUNCES 30-DAY PETROL DISCOUNT AT NNPC STATION

The Federal Government has announced a 30-day discount on petrol sold at NNPC filling stations across the country.
FG UNVEILS 10 MEASURES TO CUSHION RISING PETROL PRICES

The Federal Government has announced 10 measures to cushion the impact of rising petrol prices.
CBN ENGAGES SINGAPORE AUTHORITY, SIGNS INNOVATION DEAL

The Central Bank of Nigeria has signed an innovation deal with Singapore to boost financial ties with Asia.
SOLAR GROUP COMMENDS MINISTER FOR MANUFACTURING-FIRST APPROACH TO SOLAR IMPORTS

The Solar Power Nigeria Campaign has commended the Minister of Innovation, Science and Technology, Kingsley Udeh, for prioritizing local manufacturing before restricting solar panel imports.
TINUBU PUSHED FOR AFRICAN CREDIT RATING AGENCY – AIDE

The Africa Credit Rating Agency has been officially launched in Mauritius, with a presidential aide stating that President Bola Tinubu played a role in pushing for the continental institution.
CGC ADENIYI PLEDGES CUSTOMS SUPPORT FOR NIGERIA’S $1TN ECONOMY TARGET

The Comptroller-General of Customs, Adewale Adeniyi, has pledged the full support of the Nigeria Customs Service (NCS) towards the realisation of Nigeria’s ambition to build a $1 trillion economy.
ICRC MOVES TO OPTIMISE 700MW ZUNGERU HYDROPOWER PPP

The Infrastructure Concession Regulatory Commission has stepped up oversight on the 700-megawatt Zungeru Hydropower Project to improve its performance.
NSDC CONGRATULATES OYO SUGAR ON REACHING COMMISSIONING STAGE

The National Sugar Development Council has congratulated Oyo Sugar and Derivatives Industries Limited on reaching commissioning and test-running stage of its factory in Iseyin, Oyo State.
The Council said the milestone is a result of over a decade of financial, technical and institutional support.
The 300 tonnes-per-day greenfield sugar mill was developed under the Nigeria Sugar Master Plan.
