NGN/USD 1,540.20 ↓ 0.4% BRENT CRUDE $82.14 ↑ 1.2% NGX INDEX 99,240.50 ↑ 0.1% INFLATION 33.95% ↑ 1.8% MPR 26.25% stable
NGN/USD 1,540.20 ↓ 0.4% BRENT CRUDE $82.14 ↑ 1.2% NGX INDEX 99,240.50 ↑ 0.1% INFLATION 33.95% ↑ 1.8% MPR 26.25% stable

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Tinubu proposes law to establish power assets firm, approves 6-year moratorium on new tertiary institutions

PRESIDENT Bola Tinubu has initiated moves to strengthen Nigeria’s power infrastructure with a proposal for legislation to create a Grid Asset Management Company (GAMCO), aimed at addressing persistent electricity supply challenges and recurring grid failures. Briefing State House correspondents after the Federal Executive Council (FEC) meeting chaired by the President, Minister of Information and National […]

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