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Senate Directs North Central Commission to Focus Spending on Agriculture and Security

KEY POINTS The Senate has told the North Central Development Commission to prioritise agriculture and security in its 2026 spending. Lawmakers approved a 140 billion naira budget after reviewing the commission’s plans. The committee criticised weak capital project implementation in 2025 and urged better...
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Security Forces Destroy Three Bandit Camps in Kogi

KEY POINTS Joint security forces destroyed three bandit camps in Kogi allegedly linked to a notorious gang leader. Several suspects were killed and kidnapped victims were rescued and taken for medical care. The raid follows another recent military operation targeting a separate terrorist network...

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Business

Senate Increases Windfall Tax on Banks to 70%

Nigerian Senate raises windfall tax on banks' foreign exchange gains to 70%, targeting redistribution of government-driven profits.
Business

Dangote-NNPC Dispute Hurts Nigeria’s Global Image, Adesina Warns

Adesina warns the Dangote-NNPC dispute harms Nigeria's global image and investment climate, stressing the importance of supporting local industries for economic growth.
Business

UAE Denies $10k Bank Balance, N640k Fee for Nigerian Visa Applicants

UAE denies $10,000 bank balance and N640,000 fee for Nigerian visa applicants, clarifying actual requirements and easing travel concerns.
Business

9mobile Ushers in New Era, Appoints Obafemi Banigbe as CEO

Obafemi Banigbe takes the helm as 9mobile's CEO, pledging to drive innovation and growth in the Nigerian telecoms operations.
Business

Kaduna Electric Raises Band A Electricity Tariffs to N209.5/KWh

Kaduna Electric raises Band A electricity rates, prompting discussions and protests over energy costs in Nigeria.
Business

Dangote Criticizes CBN High Interest Rates, Calls for Policy Reforms

Aliko Dangote addresses stifling interest rates and the need for supportive policies to boost Nigeria’s manufacturing and economic potential.
Business

Court Rejects Nnamdi Kanu’s Human Rights Suit Against FG

Court dismisses Nnamdi Kanu’s N1 billion human rights suit, finding no sufficient evidence of rights violations by the DSS or the Nigerian government.
Business

Banks to Deposit Excess Dollars in CBN Lagos, Abuja Offices

CBN sets new deposit guidelines for banks to manage excess foreign currencies, aiming to stabilize the naira.
Business

NNPC’s Crude Supply Challenges Affect Dangote Refinery Project

NNPC faces scrutiny over failing to fulfill crude supply commitments to Dangote Refinery, sparking tensions with IOCs.
Business

Nigeria Advances $1 Billion Sale of Five Power Plants

Nigeria is finalizing the sale of five key power plants in a $1.15 billion deal to enhance its energy sector and economic growth.
Business

Dangote Accuses IOCs of Undermining Nigerian Refinery

Dangote accuses international oil firms of plotting against its Nigerian refinery, calling for government intervention.
Business

FG Seeks Additional $4.4 Billion Loan as Debt Hits N101 Trillion

Nigeria anticipates fresh loans totaling $4.4 billion to fund development in energy, education, and economic reforms amidst rising national debt.
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Senate Directs North Central Commission to Focus Spending on Agriculture and Security

KEY POINTS The Senate has told the North Central Development Commission to prioritise agriculture...
News

Security Forces Destroy Three Bandit Camps in Kogi

KEY POINTS Joint security forces destroyed three bandit camps in Kogi allegedly linked to...
News

ADC Criticises Umahi for Predicting Overwhelming South-East Support for Tinubu in 2027

KEY POINTS ADC has criticised Dave Umahi for claiming Tinubu would receive 90 percent...
News

CAN Opposes Niger Hisbah Bill, Urges Governor Bago to Withhold Assent

KEY POINTS CAN has rejected the proposed Niger Hisbah Bill, warning it could cause...

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