Power Minister Highlights Growing Subsidy Burden as Electricity Generation Costs Exceed Consumer Payments
The Minister of Power, Adebayo Adelabu, has revealed the rising financial strain on the federal government due to electricity subsidies,...
AV1 NEWS
Tinubu Mandates Nationwide Metering to Tackle Power Sector Challenges and Boost Revenue Collection
In a decisive move to address Nigeria's longstanding power sector issues, President Bola Tinubu has directed that all households, businesses,...
Edo Refinery Set to Boost Local Oil Production as NMDPRA Grants Operational License
The Edo Refinery and Petrochemical Company Limited has received its operational license from the Nigerian Midstream and Downstream Petroleum Regulatory...
Nigeria Faces Urgent Funding Gap as Government Seeks $100 Billion Annually for Development Goals
The Federal Government of Nigeria has highlighted a significant funding shortfall that threatens the realization of its ambitious development agenda,...
FG Moves to Strengthen Local Government Autonomy, Commissions Ten Man Implementation Committee
In a decisive step toward reinforcing grassroots governance, the Federal Government has established a ten-member committee to oversee the implementation...
NNPC’s Record-Breaking N3.297 Trillion Profit Highlights Success Amidst Ongoing Sector Challenges
NNPC Limited's announcement of a record N3.297 trillion profit for the financial year ending December 2023 has garnered significant attention,...
Transcorp Power Plc Appoints Christopher Ezeafulukwe As Non-Executive Director
Transcorp Power Plc wishes to notify the investing public of significant changes to its Board of Directors. Mr. Christopher Ezeafulukwe...
NWFL Lauds Edo Queens’ Semifinal Berth in CAF Women’s Champions League Qualifiers
The Chairperson of the Nigeria Women’s Football League (NWFL), Ms. Nkechi Obi, has commended Edo Queens FC for their outstanding...
Nigeria Looses to Chile in Thrilling Finish at IHF Women’s U-18 Handball World Championship
Nigeria narrowly lost 23-22 to Chile in a gripping classification match at the IHF Women's World Under-18 Handball World Championship...
Wolves Propose Loan Move for Arsenal’s Aaron Ramsdale with Future Permanent Option
Wolverhampton Wanderers have initiated talks with Arsenal to secure goalkeeper Aaron Ramsdale on a season-long loan, with an option to...