HomeNews

News

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.

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.

Keep exploring

Bagudu Says Tinubu Reforms Boost State Finances

Bagudu says Tinubu economic reforms are improving state finances and driving a new strategy to boost growth across Nigeria’s 8,809 wards.

US to Deploy 200 Troops to Train Nigerian Forces

US Nigeria military cooperation deepens as Washington deploys 200 troops to train Nigerian forces in the fight against jihadist insurgents.

IFC, ASR Africa Scale Up She Wins Africa Program

She Wins Africa will scale to 1,000 women-led businesses after its pilot cohort mobilized more than $4 million in financing across sub-Saharan Africa.

Wike Expresses Confidence in Peace Talks as Tinubu Steps In to Resolve Rivers Political Crisis

KEY POINTS Wike says President Tinubu’s intervention is a major step toward resolving the...

Tinubu Appoints Adesayo Micheal as New NEMSA Boss

KEY POINTS President Tinubu appointed Engr. Adesayo Michael as Managing Director/CEO of NEMSA and...

Outrage as Lecturers Accuse FG of Selective Rollout of 40% Pay Rise Across Federal Universities

KEY POINTS The Federal Government announced a 40% pay rise and new allowances for...

Amaechi Joins Protest at NASS, Urges Nigerians to Speak Up on Election Results Issue

KEY POINTS Amaechi joined protesters at the National Assembly opposing the Senate’s stance on...

NDLEA Officer Killed During Drug Raid in Rivers After Suspects Launch Violent Counterattack

KEY POINTS An NDLEA officer died after sustaining injuries during a raid on a...

Fubara Promises Port Harcourt Ring Road Will Be Ready This Year

KEY POINTS Governor Fubara says the 50km+ Port Harcourt Ring Road will be completed...

Nigerian Killed in South Africa: Consulate Calls for Calm, Urges Community to Seek Justice Lawfully

KEY POINTS A Nigerian man, Emeka Clement Uzor, was killed in Johannesburg, prompting strong...

Tinubu Vows to Crush Terrorism, Banditry as Security Tops Agenda at NEC Conference

KEY POINTS President Tinubu has vowed to defeat terrorism and banditry, describing insecurity as...

Diezani Alison-Madueke’s Bribery Trial Continues in London Over Alleged Oil Contract Kickbacks

KEY POINTS Diezani Alison-Madueke’s bribery and corruption trial is ongoing in London over alleged...

Latest articles

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.

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.

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.

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.