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

Child Labour in Agriculture, A Major Challenge in West Africa

‘Child labour has a devastating impact across West Africa and has prompted calls for action across various ECOWAS initiatives,’ says FG.
News

Senate Intervenes as Govt’s N1.6tn Debt Plunges Egbin Power

Opposition forces the Senate to intervene with a ₦1.6tn debt owed to Egbin Power due to operational issues and grid fluctuations.
News

Rowdy Session in Senate Over Tax Reform Bill

The Senate erupts in chaos over the controversial Tax Reform Bill, highlighting deep divisions among lawmakers.
News

UK Launches Africa’s Largest Visa Application Centre in Lagos

UK inaugurates Africa’s largest Visa Application Centre in Lagos, enhancing visa access and strengthening ties with Nigeria.
News

CUPP Criticizes Nigeria’s GDP Growth Rate Amid Economic Struggles

CUPP criticizes Nigeria's 3.46% GDP growth rate as detached from economic hardships like inflation, unemployment, and decaying infrastructure.
News

Dangote Cement Summoned by Ogun Assembly over Environmental Violations

Dangote Cement Ibese Faces Ogun Assembly Questions on Environmental Violation, Operational Duties Failure.
Business

Kano Revenue Agency Seals Max Air Over Unpaid N190 Million Tax Debt

Kano Revenue Service seals Max Air’s headquarters over N190 million($0.11 million) tax debt, after failed negotiations for payment.
News

Nigeria Targets FATF Grey List Exit by 2025

Nigeria aims to exit FATF grey list by 2025, with reforms to strengthen anti-money laundering, protect remittances, and restore financial trust
Business

To Quell Inflation, CBN Increases Interest Rate to 27.5 Percent

CBN hikes interest rate to 27.5% to rein in inflation fuelled by energy costs, fiscal deficits.
News

Stolen Vehicles Worth ₦1.8bn Returned to Canada by Nigeria Customs

NCS recovers ₦1.8bn of stolen cars from Canada, tackling smuggling networks.
News

Ecobank Launches Build & Design Expo for Construction Sector

Build & Design Expo, launched by Ecobank, seeks to promote innovation, networking and visibility across the world of construction.
News

Tinubu: Nigeria on Track to $1 Trillion Economy by 2030

Tinubu sets sights on Nigeria's $1 trillion economy by 2030, citing GDP growth and reforms driving nationwide prosperity
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...