IDNN, Author at Independent Digital News Network

Band A Electricity: Are Nigerians Getting the 20 Hours They Pay For?

IDNN3 days ago3 days ago

Nigeria's Band A electricity rules promise a minimum 20-hour daily supply commitment. Historical enforcement shows how shortfalls are addressed, but current nationwide delivery and customer credits remain unverified....

NLC Gives Government Two Weeks to Cut Petrol Prices as Relief Plan Faces Labour Test

IDNN3 days ago3 days ago

3 days ago3 days ago0

Nigeria's labour federation has issued a two-week petrol-price ultimatum. The government's announced relief measures have not yet established nationwide pump-price reductions....

CBN Cuts Interest Rate to 23%, but Has Cheaper Credit Reached Nigerian Borrowers?

IDNN3 days ago3 days ago

3 days ago3 days ago0

Nigeria's central bank has reduced its benchmark rate to 23%, but reported bank repricing has yet to establish broad-based relief for households and businesses....

Nigeria Negotiates ₦1,350 Petrol Cost Ceiling as Oil Shock Tests Price-Relief Plan

IDNN3 days ago3 days ago

3 days ago3 days ago0

Nigeria's proposed petrol-cost ceiling and temporary NNPC margin concession promise relief, but supplier obligations and actual consumer savings remain unverified....

Naira’s official and parallel rates diverge as recorded FX trading activity rises

IDNN5 days ago5 days ago

5 days ago5 days ago0

The naira strengthened marginally in the official market while one reported parallel-market indication weakened, widening the observed FX spread as recorded interbank trading activity rose sharply....

NGX falls for fifth straight session as market cap drops ₦256bn

IDNN5 days ago5 days ago

5 days ago5 days ago0

The NGX has fallen for five consecutive sessions, but with the market still up 60.83% year-to-date, Wednesday's close will be the key test of whether the pullback is deepening or stabilising....

CBN cuts policy rate to 23% — now the test is whether cheaper money reaches businesses

IDNN5 days ago5 days ago

5 days ago5 days ago0

The CBN has cut its benchmark interest rate to 23%, but the real test is whether lower policy rates translate into cheaper bank credit, stronger investment and wider economic relief....

Nigeria opens 40 oil blocks as test shifts from licences to actual drilling

IDNN5 days ago5 days ago

5 days ago5 days ago0

Nigeria has opened 40 oil and gas blocks in its 2026 licensing round, but the real test will be whether successful bids translate into deployed capital, drilling and production....

From World Champions to World Cup Absentees: Olopade Challenges Golden Eaglets to Find Their Way Back

IDNN5 days ago5 days ago

5 days ago5 days ago0

Nigeria remain the most successful nation in FIFA U-17 World Cup history, but the Golden Eaglets have not appeared at the tournament since 2019. As Bukola Olopade challenges a new generation to end the drought, Burkina Faso becomes the first gate on a demanding route through WAFU B, AFCON and back to the world stage....

MAN says manufacturers spent about ₦1.35tn on alternative power — and factories are becoming their own utilities

IDNN6 days ago6 days ago

6 days ago6 days ago0

MAN estimates manufacturers spent about ₦1.35 trillion on alternative energy in 2025, up from ₦1.11 trillion in 2024. The number puts a price on the parallel power infrastructure factories say they need simply to keep production running...

IDNN

Band A Electricity: Are Nigerians Getting the 20 Hours They Pay For?

NLC Gives Government Two Weeks to Cut Petrol Prices as Relief Plan Faces Labour Test

CBN Cuts Interest Rate to 23%, but Has Cheaper Credit Reached Nigerian Borrowers?

Nigeria Negotiates ₦1,350 Petrol Cost Ceiling as Oil Shock Tests Price-Relief Plan

Naira’s official and parallel rates diverge as recorded FX trading activity rises

NGX falls for fifth straight session as market cap drops ₦256bn

CBN cuts policy rate to 23% — now the test is whether cheaper money reaches businesses

Nigeria opens 40 oil blocks as test shifts from licences to actual drilling

From World Champions to World Cup Absentees: Olopade Challenges Golden Eaglets to Find Their Way Back

MAN says manufacturers spent about ₦1.35tn on alternative power — and factories are becoming their own utilities

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Band A Electricity: Are Nigerians Getting the 20 Hours They Pay For?

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