HomeNews

News

News

Adelabu Quits as Power Minister to Chase Oyo Governorship Ambition

KEY POINTS Adebayo Adelabu has resigned as Minister of Power, effective April 30, 2026. He cited his intention to contest the Oyo State governorship and comply with electoral laws. His exit marks a significant development ahead of upcoming elections in the state. Nigeria’s Minister of...
News

FG, States, LGs Share ₦2.036 Trillion as Taiwo Oyedele Chairs First FAAC Meeting

KEY POINTS FG, states, and LGs received allocations from March 2026 revenue, with oil-producing states getting ₦120.759 billion derivation. The finance minister chaired his first FAAC meeting, marking another ₦2 trillion-plus distribution this year. Statutory revenue increased, but VAT and key oil-related revenues recorded...

Keep exploring

News

TCN Expands Lagos Power Capacity With New Transformer Projects

TCN enhances Lagos electricity with transformer upgrades, doubling substation capacity and boosting supply to residential, commercial, and industrial areas.
News

Future of cryptocurrency in Nigeria: Risks and rewards ahead

Nigeria’s growing cryptocurrency adoption presents both opportunities and risks, from financial inclusion to regulatory uncertainty
News

Lagos Signs EoI with EU-Africa to Promote SDGs, Climate Action

The EU Africa Chamber of Commerce joins Lagos State in COP29 to boost sustainable development, technology transfer and green investments.
News

South Africa Eases Visa Rules for Nigerian Travelers

South Africa eases visa rules for Nigerians, boosting tourism, business, and fostering deeper economic and cultural ties.
News

Pastor in UK to Be Deported Over £1.87m Fraud Allegations

Human rights appeal fails to stop deportation of Tobi Adegboyega over SPAC Nation fraud allegations.
News

Labour Unveils Grassroots Plan, Inaugurates State Coordinators

The Labour Party has launched grassroots plan for 2027, inaugurates state coordinators nationwide.
Business

Naspers Reports $3.4 Billion in Revenue for H1 2025

Naspers sees 23% revenue growth in 2025, fueled by its e-commerce portfolio, U.S. operations, and AI-driven innovations
News

FG Auditors Scrutinize NNPCL’s $1.69 billion Fuel Subsidy Claim

The audit process on NNPCL’s N2.7tn subsidy claim begins, with concerns over government debt and transparency issues.
News

Oyedele Says No Plan To Outsource Tax Collection To Consultants

Nigeria will not rely on Alpha Bata and other consultants to collect tax, FIRS is capable of doing that, Taiwo Oyedele clarifies.
News

Obi of Onitsha Urges Politicians to Put Nigeria’s Future Above Personal Gains

Corruption is draining Nigeria: Obi of Onitsha calls for urgent reforms to save resources.
News

Nigeria’s Largest Green Initiatives and Their Impacts

Nigeria’s green initiatives combat climate change, boost economic growth, create jobs, and improve environmental sustainability.
News

Obi to FG: Hold Public Hearing Before Implementing Tax Reform

Peter Obi asks the federal government to engage Nigerians in public dialogue on tax reform bills before taking a step further.
Load more

Latest articles

News

Adelabu Quits as Power Minister to Chase Oyo Governorship Ambition

KEY POINTS Adebayo Adelabu has resigned as Minister of Power, effective April 30, 2026. ...
News

FG, States, LGs Share ₦2.036 Trillion as Taiwo Oyedele Chairs First FAAC Meeting

KEY POINTS FG, states, and LGs received allocations from March 2026 revenue, with oil-producing...
News

Senate Orders Full Probe Into Boko Haram Attacks on Military Bases in Borno

KEY POINTS The Senate ordered a full military audit following deadly attacks on bases...
News

Court Orders DSS to Detain Six Suspects Over Alleged Terrorism in Abuja

KEY POINTS Six defendants were arraigned in Abuja on a 13-count charge of alleged...