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By Mather Godwin  The Federal Government incurred a subsidy obligation of N418.79 billion in the fourth quarter of 2025, Q4’25 according to   data from the Nigerian Electricity Regulatory Commission, NERC). The electricity market regulator in its Q4’25 Quarterly report, noted that total amount invoiced by the GenCos for energy delivered to each DisCo and the Differential […] The post FG incurs N418bn power subsidy appeared first on Vanguard News.

Pope Leo XIV celebrates Mass at Annaba’s Basilica of Saint Augustine, highlighting Algeria’s small Catholic community during his symbolic visit.

By Udeme Akpan, Energy Editor The Organization of the Petroleum Exporting Countries (OPEC) has disclosed that Nigeria’s crude oil output, excluding condensate, rose to 1.38 million barrels per day (bpd) in March 2026, up from 1.31 million bpd recorded in February. In its March 2026 Monthly Oil Market Report (MOMR), OPEC stated that the figures were […] The post Nigeria misses OPEC quota, produces 1.38m bpd  appeared first on Vanguard News.

By Obas Esiedesa Importation of premium motor spirit (PMS), also known as petrol, by oil marketers rose by 96.6 per cent in March 2026 to 5.9 million litres per day, up from 3.0 million litres   in February, according to the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA). However, the Authority, in its monthly fact sheet […] The post Daily petrol imports rise 96.6% to 5.9m litres  — NMDPRA appeared first on Vanguard News.

•Begins AI-driven training on revenue, others By Providence Ayanfeoluwa The Nigeria Customs service, NCS has commenced a capacity-building programme on Artificial Intelligence, AI-driven revenue generation, remittances and reconciliation as part of efforts to enhance transparency and efficiency in public financial management. Speaking at the event held in Abuja, Comptroller-General of Customs, Adewale Adeniyi, said the Service […] The post Customs pledges transparency,  innovative technologies appeared first on Vanguard News.

After two days in Algeria and then four in Cameroon, Pope Leo XIV will continue his African tour with a stop in Angola from April 18 to 20.

A Burundian court partially acquitted journalist Sandra Muhoza on Monday after nearly two years behind bars.

The latest World Economic Outlook from the International Monetary Fund paints a sobering picture for Sub-Saharan Africa, as escalating conflict in the Middle East threatens to derail an already fragile global recovery.

President Tinubu says new tax reforms are designed to simplify the system, improve transparency and support economic growth. The post Nigeria’s old tax system worsened poverty – Tinubu appeared first on Premium Times Nigeria.

The maker of stout, gin, spirits, vodka and malt drink will pay an interim dividend of N2 per share for the first quarter, according to a disclosure on Tuesday, the first time since July 2022. The post Guinness Nigeria resumes dividend payment after almost four-year pause appeared first on Premium Times Nigeria.