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Essential Nigeria News

Wednesday, May 20, 2026 Volume XXIII Breaking News & Latest Updates
FG to Introduce Cost-Reflective Power Tariffs, Plans Targeted Subsidies for the Poor — Adelabu Business

FG To Introduce Cost-Reflective Power Tariffs, Plans Targeted Subsidies For The Poor — Adelabu

The Federal Government is gearing up to implement a cost-reflective electricity tariff system as part of broader efforts to address the deep-rooted financial challenges plaguing Nigeria’s power sector. Speaking on Tuesday at the Mission 300 Stakeholders Engagement in Abuja, the Minister of Powe...

By Fkart July 09, 2025
Naira Strengthens Slightly to ₦1,560/$ at Black Market, Gap with Official Rate Narrows Business

Naira Strengthens Slightly To ₦1,560/$ At Black Market, Gap With Official Rate Narrows

There was a slight relief for the naira on Tuesday as it appreciated to ₦1,560 per dollar at the parallel market, improving from ₦1,565 per dollar rec...

152 0
10 months ago
380 Pregnant Women, Over 2,500 Children Take Shelter in Makurdi IDP Camp After Yelewata Attack Local

380 Pregnant Women, Over 2,500 Children Take Shelter In Makurdi IDP Camp After Yelewata Attack

Following the recent attack on Yelewata community in Guma Local Government Area of Benue State, hundreds of families have been forced to flee their ho...

224 0
10 months ago
Peter Obi Explains Why He Met With Abacha: “It Was About Port Congestion, Not Politics” Politics

Peter Obi Explains Why He Met With Abacha: “It Was About Port Congestion, Not Politics”

Former Anambra State Governor and Labour Party presidential candidate, Peter Obi, has set the record straight on why he once met with Nigeria’s late m...

233 0
10 months ago
FG Pursuing Cost-Reflective Electricity Tariff to Curb N4tn Debt – Adelabu National News

FG Pursuing Cost-Reflective Electricity Tariff To Curb N4tn Debt – Adelabu

The Minister of Power, Adebayo Adelabu, has revealed that the Federal Government is working towards implementing a cost-reflective electricity tariff...

136 0
10 months ago