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Bank of Industry urges Lagos to invest in industrial clusters to lift productivity

Bank of Industry chief Olasupo Olusi says Lagos should invest in industrial clusters, power and faster freight to cut business costs and attract private capital.
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US visa ban imposed on Nigerian Supreme Court justices, retiring jurist says

Retiring Justice Uwani Abba-Aji says the U.S. barred all members of a Nigerian Supreme Court panel from travel after a judgment she called widely misinterpreted.

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Lawmakers Probe Defence Funding Amid Worsening Insecurity

KEY POINTS The House of Representatives has summoned top security and finance officials over...
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First Batch of Nigerians Repatriated From South Africa to Arrive in Lagos Thursday

KEY POINTS First batch of about 270 Nigerians evacuated from South Africa is expected...
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Oworonshoki Residents Allege Fresh Attacks, Arson Amid Demolition Crisis

KEY POINTS • Residents accuse suspected palace-linked thugs of burning homes and shops• Fresh attacks...
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Tinubu Approves N10bn Ebola Preparedness Fund

KEY POINTS • Tinubu releases N10bn to strengthen Ebola preparedness• Presidential task force established to...
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Eight Soldiers Killed in Kaduna Ambush by Suspected ‘Repentant’ Bandits

KEY POINTS Eight soldiers were reportedly killed in an ambush by suspected “repentant” bandits...
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Ayetoro Faces Extinction as Rising Ocean Waves Destroy Homes, Residents Blame Government Inaction

KEY POINTS Rising ocean waves are destroying homes, infrastructure and heritage sites in Ayetoro,...
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Finance Ministry, contractors clash again over outstanding debt

Nigeria's Finance Ministry says it processed N700bn to 1,240 local contractors, but protesting members of AICAN insist most of them have received no payment.
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Agriculture records 3.15 percent GDP growth to N11.87trillion in first quarter

Nigeria's agricultural sector grew 3.15 percent year-on-year to N11.87trn in the first quarter of 2026, with crop production leading the gains at N8.9trn, the NBS says.
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Nigeria among world’s most expensive countries for airline operations, says IATA

IATA has named Nigeria one of the world's most expensive countries for airline operations, blaming high taxes and charges that keep local carriers from competing.
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Sugar tax will worsen manufacturers’ plight, LCCI warns

The Lagos Chamber of Commerce and Industry warns that the Senate's Sugar-Sweetened Beverage tax bill could worsen the challenges facing Nigeria's manufacturing sector.
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Gunmen Abduct LG Worker, Filling Station Attendant in Ondo

KEY POINTS • Akure North council staff abducted at his home in Ilu-Abo• Gunmen also...
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39 Zamfara Residents Abducted During ‘Reconciliation’ Meeting With Bandits

KEY POINTS • 47 residents visited bandit camp for peace talks in Fadama Forest• Bandit...
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Bank of Industry urges Lagos to invest in industrial clusters to lift productivity

Bank of Industry chief Olasupo Olusi says Lagos should invest in industrial clusters, power and faster freight to cut business costs and attract private capital.
News

US visa ban imposed on Nigerian Supreme Court justices, retiring jurist says

Retiring Justice Uwani Abba-Aji says the U.S. barred all members of a Nigerian Supreme Court panel from travel after a judgment she called widely misinterpreted.
News

Nigeria earmarks 2.1 billion naira to revive OAUTHC renal program

Nigeria's federal government has appropriated 2.1 billion naira to revive kidney care at Obafemi Awolowo University Teaching Hospitals Complex, its chief medical director says.
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Nigeria’s fiscal deficit hits 4.69 trillion naira in Q1 as revenue falls short

Nigeria's government ran a 4.69 trillion naira fiscal deficit in the first quarter as revenue fell far short of target and foreign loans stalled.