The Central Bank of Nigeria (CBN) has announced plans to introduce a new regulatory framework governing debit card issuance and the operations of Automated Teller Machines (ATMs) across the country. According to the apex bank, the policy is aimed at addressing persistent cash access challenges, improving the reliability of ATM services, and ensuring a more…

Nigeria’s national electricity grid has suffered another collapse, the first recorded in 2026, plunging several parts of the country into darkness after power generation fell sharply to just 24 megawatts. The grid failure, which occurred in the early hours of the day, triggered widespread outages across distribution networks, disrupting homes, businesses, and essential services. At…

The Federal Government has banned electricity Distribution Companies (DisCos) from charging customers for meter installation, reaffirming its commitment to ending the long-standing practice of estimated billing across the country. The government disclosed that electricity meters will now be provided free of charge to consumers under approved national metering initiatives, warning that any DisCo found violating…

Ngozi Okonjo-Iweala, Director-General of the World Trade Organisation (WTO), has called on the Federal Government to move beyond economic stabilisation and prioritise job creation and the attraction of global investments to drive sustainable growth. Okonjo-Iweala made the remarks on Wednesday during a fireside chat at the Nigeria House on the sidelines of the ongoing World…