8 d. ago Power generation gulped 862.86mmscf MMSCF/D in July, the highest in 3 months

Gas-to-Power supply hit its strongest level in three months, with average daily deliveries rising by 3.48 per cent month-on-month, from read more Power generation gulped 862.86mmscf MMSCF/D in July, the highest in 3 months

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1 week ago Nigeria’s internet usage peaks despite shrinking subscriptions

Nigeria’s appetite for internet data has reached an unprecedented milestone, even as millions of subscribers exit telecom networks due to rising costs. According to the Nigerian Communications Commission (NCC), data consumption soared to 1.1 million terabytes in July 2025, the highest ever recorded. The surge comes just two months after the country first crossed the […] The post Nigeria’s internet usage peaks despite shrinking subscriptions appeared first on The Sun Nigeria.

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2 w. ago ‘Abduction industry’ thrives as kidnappers pocket N2.56bn ransom in 1 year –Report

It’s fueled by rising poverty, unemployment –Experts By Chinwendu Obienyi Nigeria’s kidnapping crisis has entrenched itself as a booming criminal enterprise, with N2.56 billion ($1.66 million) paid in ransoms and 4,722 civilians abducted in just 12 months (between July 2024 and June 2025). According to a new analytical report by SBM Intelligence seen by Daily […] The post ‘Abduction industry’ thrives as kidnappers pocket N2.56bn ransom in 1 year –Report appeared first on The Sun Nigeria.

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2 w. ago After 3 Misses, NNPC Sets Nov For AKK Gas Pipeline Completion

The Nigerian National Petroleum Company Limited (NNPC) has deployed additional subcontractors to expedite the completion of mainline works on the Ajaokuta-Kaduna-Kano (AKK) gas pipeline and fast-track the project’s completion. In its latest ‘Monthly Report Summary’ for July 2025, the national oil firm said the pipeline is currently 86 per cent completed. “Ajaokuta-Kaduna-Kano (AKK) Gas Pipeline: […]

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3 w. ago Inflation Eases Further To 21.88% As Policy Measures Begin To Take Hold

Nigeria’s headline inflation rate slowed for the fourth consecutive month in July 2025, settling at 21.88 per cent compared to 22.22 per cent in June, according to the latest data released by the National Bureau of Statistics (NBS). The 0.34 percentage point decline marks a modest relief for households and businesses, as both monetary and […]

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3 w. ago Recapitalisation: July 2026 deadline triggers insurance industry rat race

as component of capital remains unclear Insurance companies in Nigeria have been given twelve calendar months ending July 2026 to read more Recapitalisation: July 2026 deadline triggers insurance industry rat race

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last month Nigeria’s crude output hits 1.5mbpd in July, exceeds OPEC quota for second month

Nigeria’s crude oil production averaged 1.507 million barrels per day (bpd) in July 2025, exceeding its Organisation of the Petroleum read more Nigeria’s crude output hits 1.5mbpd in July, exceeds OPEC quota for second month

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