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FG domestic borrowing hits N8.1tn in Q1 2026

FG domestic borrowing reached N8.1 trillion in the first quarter of 2026, a 7.4 percent year-on-year rise that already overshoots the quarterly benchmark the 2026 Appropriation Act implies.
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Manufacturing sector taxes climb to N2.05tn in 2025

Nigeria's manufacturing sector contributed N2.05 trillion in total taxes in 2025, with VAT and Company Income Tax both posting double-digit gains, according to the National Bureau of Statistics.

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Nigeria’s Inflation Rate Sees Slight Dip to 15.06% in February, Says NBS

KEY POINTS Nigeria’s inflation rate dipped slightly to 15.06% in February 2026 from...
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Civil servants demand N154,000 minimum wage, 120% pay rise over hardship

Civil servants demand N154,000 minimum wage and 120% salary increase, citing rising inflation, high living costs and declining purchasing power nationwide.
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Sokoto attack: Residents dispute mass exodus claims after Bargaja bandit raid

Residents of Bargaja deny fleeing en masse after bandit attack, saying security deployment helped restore calm and prevent wider displacement.
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AfDB approves $5.52m grant to boost tax systems in Nigeria, West Africa

AfDB approves $5.52m grant to help Nigeria and West Africa modernise tax systems, boost revenue collection, and strengthen governance frameworks.
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FG moves to evacuate Nigerians as Middle East crisis deepens

Nigeria's federal government says it is finalising funds and logistics for evacuating citizens from the Middle East as Emirates Airlines suspends Dubai flights again over escalating conflict.
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Shettima, Obasanjo, Jonathan head to Soludo’s inauguration

Vice President Kashim Shettima and former presidents Olusegun Obasanjo and Goodluck Jonathan are expected in Anambra for Governor Charles Soludo's second-term inauguration in Awka.
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Boko Haram Launches Midnight Attack on Military Outpost in Maiduguri

KEY POINTS Suspected Boko Haram insurgents attacked a military outpost in Ajilari near Maiduguri...
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Tinubu Holds Private Meeting With Sultan of Sokoto in Aso Rock

KEY POINTS President Bola Tinubu held a closed-door meeting with the Sultan of Sokoto,...
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Security Forces Foil Attempted Plane Hijack Plot Near Akure Airport

KEY POINTS Four suspected bandits were arrested near Akure Airport after allegedly attempting to...
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Group Warns of Violence Over Agbede Throne Dispute in Edo

A community group has urged Edo Governor Monday Okpebholo to intervene urgently in the Agbede throne dispute as a claimant defies court orders and occupies the palace.
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US Opens Trade Probe Into Nigeria, 59 Others Over Forced Labour Imports

The United States has opened a trade investigation into Nigeria and dozens of economies over alleged failure to block forced labour imports.
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Kidnappings, Killings Rise in South-West as Farmers, Travellers Face Growing Threat

Rising kidnappings and attacks across Nigeria’s South-West are forcing farmers off their land and leaving travellers wary of highways.
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FG domestic borrowing hits N8.1tn in Q1 2026

FG domestic borrowing reached N8.1 trillion in the first quarter of 2026, a 7.4 percent year-on-year rise that already overshoots the quarterly benchmark the 2026 Appropriation Act implies.
News

Manufacturing sector taxes climb to N2.05tn in 2025

Nigeria's manufacturing sector contributed N2.05 trillion in total taxes in 2025, with VAT and Company Income Tax both posting double-digit gains, according to the National Bureau of Statistics.
News

Flood swamps Lagos primary school as pharma company’s canal project leaves children out of class

A pharmaceutical company's construction project has blocked a Lagos canal, flooding a primary school and keeping hundreds of children out of class.
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SDP’s Adebayo confirms 2027 presidential bid, warns Nigeria is drifting toward one-man rule

SDP leader Prince Adewole Adebayo has confirmed a 2027 presidential run and warned that Nigeria risks one-man rule, not a one-party state.