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Edo Assembly Gets New Speaker as Idiaye Replaces Agbebaku

KEY POINTS Yekini Idiaye has emerged as the new Edo Assembly Speaker. Blessing Agbebaku resigned amid a reported impeachment move. About 18 of 22 lawmakers reportedly signed the impeachment notice. The Edo State House of Assembly has elected Yekini Idiaye as its new Speaker following...
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Over 200 KASU Lecturers Resign as ASUU Threatens Strike

KEY POINTS Over 200 KASU lecturers have reportedly resigned over poor conditions. ASUU gives authorities two weeks to implement the 2025 agreement. Union threatens an indefinite strike if demands are not met. More than 200 professors and other academic staff have reportedly left Kaduna State...

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Nigeria spent N3.1trn on domestic debt servicing in Q1, DMO says

Nigeria spent N3.14 trillion servicing its domestic debt in the first quarter of 2026, the DMO says, with interest payments making up about 94.6 percent.
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Only six Nigerian banks pay N1.27 trillion dividends

Only six of Nigeria's biggest listed banks paid a combined N1.27 trillion in 2025 dividends, as the CBN barred five profitable lenders on prudential grounds.
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Coronavirus disease 2019

COVID-19 is a contagious disease caused by the coronavirus SARS-CoV-2. In January 2020, the...
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SMEDAN unveils N500m zero-interest fund for MSMEs

SMEDAN has unveiled a N500m zero-interest fund for MSMEs, disbursing it through cooperatives and associations to boost working capital and improve loan recovery nationwide.
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FG unveils 2026 push for industrial growth, trade and investment

The Federal Government plans to intensify industrial growth, trade expansion, investment and non-oil exports in 2026, focusing on turning policy into measurable economic outcomes.
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FirstBank backs Imo State’s OKOBI initiative to boost jobs

FirstBank has backed Imo State's One Kindred One Business Initiative, a community entrepreneurship scheme designed to create jobs, deepen financial inclusion and promote sustainable wealth.
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Cocoa and coffee farmers seek African bloc and $6,000 floor price to end foreign control

COCEFAAA has called for a unified African cocoa producers' bloc and a floor price of at least $6,000 a tonne to strengthen farmers' bargaining power.
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Textile manufacturers seek stronger trade protection for local industry

The Nigeria Textile Manufacturers Association has renewed its call for stronger trade protection, urging import restrictions to shield local mills from smuggling, dumping and unfair foreign competition.
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Nigeria Industrial Policy secures $380million in investment commitments in 90 days

The Federal Government says the Nigeria Industrial Policy 2025 has secured more than $380m in financing commitments within its first 90 days of active implementation.
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Economists cite reform impact as Nigeria’s revenue hits N15.8trillion

Economists have credited tax reforms, improved administration and stronger oil earnings for Nigeria's revenue, which hit N15.8tn in the first five months of 2026, up 49 percent.
Business

FG allocates two more crude oil terminals to Swede Control Intertek

The Federal Government has allocated two more crude oil export terminals to Swede Control Intertek, expanding the pre-shipment inspection agent's role in certifying Nigeria's exports.
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Experts warn FG against costly foreign loans and VAT hike over IMF advice

Capital market operators and economists have urged the Federal Government to avoid expensive foreign loans and a VAT increase as it weighs the IMF's latest policy recommendations.
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Edo Assembly Gets New Speaker as Idiaye Replaces Agbebaku

KEY POINTS Yekini Idiaye has emerged as the new Edo Assembly Speaker. Blessing Agbebaku...
News

Over 200 KASU Lecturers Resign as ASUU Threatens Strike

KEY POINTS Over 200 KASU lecturers have reportedly resigned over poor conditions. ASUU gives...
News

Nigeria’s Inflation Falls to 15.43%

KEY POINTS Headline inflation fell to 15.43% in July from 15.91%. Food inflation rose...
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FG unveils national cloud policy, targets $750m investment in 24 months

Nigeria's government has unveiled a National Digital Cloud Policy that aims to attract $750 million in private cloud and data investment within 24 months.