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Month: May 2026

Green energy offers Nigeria inclusive opportunity for power supply boost __Study

Ziggy Ojiegbe Policy leaders in Nigeria and across Africa are facing mounting pressure to accelerate the adoption of decentralized renewable energy systems as worsening electricity shortages continue to weaken economic productivity, deepen poverty and constrain industrial growth. Industry experts and…

NLNG Train 7 deepens Nigeria’s industrial capacity, expands local technical expertise

Ziggy Ojiegbe The ongoing Train 7 expansion project of Nigeria LNG Limited is emerging as one of Nigeria’s most significant industrial capacity-building platforms, helping to deepen local technical expertise, expand domestic manufacturing capability and raise quality standards across the country’s…

Asia on Ebola alert as Thailand imposes 21-day quarantine on Congo travelers

Authorities in Thailand and several neighboring Asian countries have tightened border health controls amid growing concerns over the latest Ebola outbreak in Central Africa, introducing stricter screening and quarantine measures for travelers arriving from the Democratic Republic of the Congo…

Nigeria to review telcomms Act 2003, as NCC kicks off workshop on proposed National Telecommunications Policy 2026

Nigeria has approved processes for the review of the Nigerian Communications Act 2003, just as the Nigerian Communications Commission (NCC) has kicked off discourse on the proposed National Telecommunications Policy 2026. It would be recalled that the NCC had approached…

Posted on VN

Supreme Court bars FG from controlling lands adjoining waterways for non-navigational purposes

Supreme Court has in a unanimous ruling stopped the Federal Government from controlling lands adjoining waterways for non-navigational purposes within states of the federation. The court by its ruling, Friday further voided contentious portions of the National Inland Waterways Authority (NIWA)…

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5m electricity consumers remain unmetered nationwide — NERC, as DisCos install 241,590 meters in 2 months

Electricity Distribution Companies (DisCos) in Nigeria installed a combined total of 241,590 new meters in January and February 2026, according to the Nigerian Electricity Regulatory Commission (NERC) monthly metering fact sheet. This is also as the commission noted that a…

Posted on VN

Court grants eNaira exclusive ownership rights to CBN

Following months of controversies over rights control, the Federal High Court sitting in Abuja, has granted the Central Bank of Nigeria (CBN) full ownership of the eNaira digital currency platform. It would be recalled that the eNaira digital currency platform was…

Posted on VN

Nigeria retains third spot among World Bank’s biggest borrowers

Nigeria has retained its position as the third largest borrower from the World Bank’s International Development Association (IDA) despite recording a slight reduction in its debt profile during the first quarter of 2026. Data obtained from the bank showed that the…

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Crude oil market continues climb, amid Strait of Hormuz uncertainties

Global crude oil market remained volatile, Friday, amid uncertainties by investors over the inability of United States and Iran to reach a peace agreement that would allow shipping traffic ‌to return to normal in the Strait of Hormuz. Brent crude futures…

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UK unemployment rate hits 5-yr high over prolinged US/Iran conflict

Data released by the United Kingdom’s Office for National Statistics (ONS), last Tuesday, showed employers struggling with soaring energy costs after oil and gas prices jumped following the effective closure of the Strait of Hormuz during the US-Israeli military campaign…

Posted on VN