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FG accuses companies in Lagos of stealing 150MW of electricity daily through illegal direct connections to the national grid. The government is pursuing recovery of charges and aims to reduce technical losses to improve power supply.
Nigeria's daily petrol imports have fallen by nearly 59% from January to September 2026, with local refineries now supplying a larger share of the market. Daily imports dropped from 24.8 million litres to 10.2 million litres.
Emerging markets are central to global economic growth, not peripheral. Dr. Iyabo Masha stated that these economies must attract long-term investment and boost innovation to drive global expansion.
President Bola Tinubu has directed International Oil Companies (IOCs) to award more energy contracts to competent Nigerian firms. This move aims to boost local content and capacity in the nation's oil and gas sector.
Development Bank of Nigeria (DBN) has disbursed N1.4tn to MSMEs, supporting 1.6 million jobs nationwide by December 2025. The bank's new 5-year strategy aims to reach over 2 million MSMEs, with a focus on women, youth, and underserved regions.
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FG has made the ELRA certificate mandatory for all public procurement bids involving equipment leasing. Non-compliance will result in no contract awards or approvals.
Middle Eastern oil producers are offering discounts of up to $37 per barrel to defend market share, while Nigeria rejects price capping. The Nigerian Finance Minister cited concerns over domestic refinery supply and potential revenue loss.
Nigeria has secured four Final Investment Decisions in gas projects in less than two years, with average daily production rising from 7 to 8 bcf. Special Adviser Olu Verheijen attributes this success to President Tinubu's reforms aimed at removing investment barriers and unlocking gas resources for economic growth.
Nigerian states are demanding the suspension of deductions from Federation Account allocations, citing financial strain and lack of communication regarding Paris Club refunds. Governors also want proposed savings redistributed.
Four new electricity transmission substations have been commissioned in Kano State by the TCN, adding 544MW of capacity to the grid. This move is set to significantly improve power supply for industrial, commercial, and residential areas, boosting economic activities.
Ekiti residents expect Governor Oyebanji to focus on industrialisation and job creation during his second term. Youth development is also a key priority for the state's future.
Nigeria has secured 3 gold and 2 silver medals at the African Elite Men’s and Women’s Boxing Championships in Nairobi. All three gold medals were won by Nigerian female boxers.
Killaboi claims he accidentally stabbed his girlfriend, Augusta, during a struggle for a knife in Lagos. The defendant testified that the incident followed an argument and that Augusta had threatened him with the knife first.
Jos Electricity Distribution Plc has condemned the abduction of 10 workers by youths at its Benue State office. The staff were assaulted, vehicles and tools carted away, and later released after a forceful transformer reconnection.
Anambra State Police Command recovered a stolen Toyota Highlander in Calabar, Cross River State, and arrested a suspect. The vehicle was allegedly stolen on October 9 and traced through intelligence.
Three travellers killed by bandits in Sokoto State. The attack occurred on the Marnona-Isa Road, with the police confirming the deaths of a driver and two passengers.
Nigeria Democratic Congress member Ifeanyi Nwolie, shot dead in Enugu, has been buried with the party vowing justice. Presidential candidate Peter Obi attended the funeral and urged against 'do-or-die' politics.
Five bodies recovered from a boat crash along the Robertkiri waterways in Rivers State. The incident involved a tugboat and speedboat collision on Tuesday, with over 15 people on board. Rescue efforts are ongoing.
Nigeria Immigration Service has enrolled 14,312 Nigerians in its UK passport intervention exercise, now in its 36th day. Daily enrolments continue across four cities, with passport production running alongside registrations.
The House of Representatives is proposing a bill to introduce parole and probation systems to ease prison congestion in Nigeria. Eligible inmates could apply for supervised release after serving one-third of their sentence.