More Than Just a Fight A recent high-profile boxing event has sparked major conversations across Nigeria’s sports and economic sectors. What looked like a thrilling sporting showdown has now been revealed as a multi-billion-naira economic engine, showing how boxing can become a serious
Sukuk and other Islamic finance instruments – ARDnig The Federal Government has raised N1.1 trillion through Sukuk to finance 124 road projects, impacting over 5,820 kilometers across Nigeria. The success of Islamic finance extends to mutual funds, Shariah-compliant stocks, and real estate investments. With government backing and fintech innovations, Nigerians have
Nigeria’s national power grid collapsed once again on December 11, 2024, marking the 12th system failure this year. The collapse triggered nationwide blackouts, drawing public frustration and sparking urgent discussions on resolving the persistent energy crisis. The Recurrence of Grid Failures The latest collapse occurred at 2:09 PM and was confirmed by electricity
Nigeria Forex Crisis – ARDnig Nigeria’s forex crisis has caused significant challenges for businesses, including high operating costs and reduced profitability. Government policies, while aimed at economic reforms, have strained businesses. Solutions lie in improving infrastructure, supporting industries, and boosting exports. With strategic investments and better
Doctors At Work The Federal Government of Nigeria has started providing electricity subsidies for public hospitals across the country. This move is part of efforts to reduce the cost of operations for hospitals and lessen the financial burden on patients. 50% Subsidy for Public Hospitals In August, the government approved a 50% subsidy on electricity […]
The Federal Government, through the Rural Electrification Agency (REA), has installed power plants in six federal universities. This move is aimed at providing reliable electricity to key sectors in Nigeria. Universities Benefiting from the Project The universities that have received these power plants are: REA’s Progress in Electrification According to Abba
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