Oracle Intelligence

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Month: July 2026

WIEN restates commitment to professional excellence in energy sector

Africa’s leading gender equity organization in the energy industry, Women In Energy Network (WIEN), has reaffirmed its commitment to equipping female professionals with the leadership, mentoring and networking opportunities needed to accelerate their careers and strengthen women’s participation across the…

Retailers urge FG to revive Warri, P/H, Kaduna refineries to guarantee energy security

Retailers in the downstream sector under the aegis of the Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has called on the Federal Government to immediately restore full commercial operations at the Port Harcourt, Warri and Kaduna refineries, warning…

Posted on VN

FG sets Dec. 2028 deadline for final analogue TV switch-off

National Broadcasting Commission (NBC), DG, Mr Charles Ebuebu Federal Government has fixed December 2028 as the deadline for final transition from analogue to digital television broadcasting. Director-General, National Broadcasting Commission (NBC), Mr Charles Ebuebu, who made this known in Abuja,…

Posted on VN

FG constitutes committee on operationalisation of Electricity Act 2023 amid market decentralisation

Minister of Power, Joseph Tegbe Federal Government has inaugurated a nine-member inter-agency committee to address emerging policy, regulatory and operational issues arising from the decentralisation of Nigeria’s electricity market. According to the government, the move is geared towards ensuring a…

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Excess liquidity persists, as banks lodge N4.15trn in deposits with CBN

According to the Central Bank of Nigeria (CBN), the banking sector lodged a total of N4.15 trillion with it through its Standing Deposit Facility (SDF) during the week. According to the bank, the trend further highlights continued excess liquidity in…

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FG ‘places on hold’ proposed increase in WAEC, NECO fees

Federal Government has reportedly ‘placed on hold’ its earlier decision to increase the West African Examination Council (WAEC) and the National Examinations Council (NECO) Senior School Certificate examinations’ registration fees to a flat rate of N50, 000 beginning from the…

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Marketers, refiners, retailers reject Dangote’s dollar-pricing of petroleum products

Petroleum products marketers, refiners and retailers have expressed displeasure over proposal by the Dangote Petroleum Refinery to sell its products in dollars, as against a naira denominated sales policy. According to the groups, in separate reactions to the Dangote proposal,…

Posted on VN

Nigeria’s pension assets jump by 51% to hit N31.48trn

Nigeria’s pension assets jumped by 51 per cent in two years to ‌teach N31.48 trillion, according to the National Pensions Commission (PenCom). According to the regulatory, nationwide membership of the country’s contributory pension scheme also grew by nearly 1 million…

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Nigeria spends $920m on foreign debt servicing in two months

Minister of Finance and Coordinating Minister for the Economy, Taiwo Oyedele Central Bank of Nigeria (CBN) has disclosed that the country spent about $920 million to service its external debt obligations in the first two months of 2026. Oracle Intelligence…

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World Bank, IFC target 32m households in Nigeria for electricity access

World Bank has disclosed that it is targeting an estimated 32 million Nigerian households to benefit from the planned Nigeria Actions for Investment and Jobs Creation (NAIJA) Development Policy Financing (DPF). The NAIJA Development Policy Financing (DPF) is to executed…

Posted on VN