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Nigeria’s power subsidy hits N1.93tn as DisCos lose 37% electricity value

Nigeria’s electricity sector remained heavily dependent on government support in 2025, with the Federal Government incurring a N1.93 trillion electricity read more Nigeria’s power subsidy hits N1.93tn as DisCos lose 37% electricity value

Nigeria’s power subsidy hits N1.93tn as DisCos lose 37% electricity value

We haven't written up this one. BusinessDay Nigeria has the full story — the link below goes straight to it.

Read the original at businessday.ng →

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VALT Bank gets FDIC’s nod

The proposed Eagle, Idaho-based digital business bank, which received its conditional OCC charter in March, plans to open in the fourth quarter, proposed CEO Matt Gediman said.

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