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Experts warn FG against costly foreign loans and VAT hike over IMF advice

Capital market operators and economists have urged the Federal Government to avoid expensive foreign loans and a VAT increase as it weighs the IMF's latest policy recommendations.
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Court orders Virgin Atlantic to pay N13 million for missed flight

A Lagos Federal High Court has ordered Virgin Atlantic to pay Joy Ezetah $5,906.50 in damages, plus costs, after it denied her boarding on a Lagos-London flight.

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Obi signals possible ADC exit over compromised process

Peter Obi on Monday signaled he could leave the African Democratic Congress if its internal processes fall short, telling Arise Television's Prime Time that integrity in political structures is non-negotiable for him.
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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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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.
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Diesel prices ground 80% of Nigeria’s fishing trawlers as 10,000 jobs hang in the balance

Soaring diesel prices have grounded more than 80% of Nigeria's fishing trawlers, threatening 10,000 jobs and pushing up fish prices at markets.
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Nigeria slashes import tariffs on drugs, rice and cars under new 2026 fiscal policy

Nigeria's 2026 fiscal policy slashes import tariffs on drugs, rice and cars, drawing mixed reactions from pharmacists, farmers and auto experts.
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OPS urges Tinubu to halt CETA bill passage

The Organised Private Sector of Nigeria called on President Bola Tinubu on Monday to intervene and halt the CETA bill passage before the National Assembly advances it further.
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Zulum says Jilli market closed before NAF airstrike

Borno Governor Babagana Zulum on Sunday backed the military's airstrike on Jilli market, declaring that the state closed the site five years ago after identifying it as a hub for insurgents and their supply networks.
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Army disputes sabotage claims in Katsina soldier death

The Nigerian Army's 17 Brigade dismissed viral media reports that a soldier who died in Katsina was a victim of internal sabotage or neglect, calling the accounts false.
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Former Kano Lawmaker Aminu Goro Dumps APC, Set to Join ADC

KEY POINTS Aminu Goro has resigned from the APC and is set to join...
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Airstrike on Yobe Market Leaves Over 200 Feared Dead

KEY POINTS Over 200 people are feared dead after a Nigerian airstrike hit a...
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Business

Experts warn FG against costly foreign loans and VAT hike over IMF advice

Capital market operators and economists have urged the Federal Government to avoid expensive foreign loans and a VAT increase as it weighs the IMF's latest policy recommendations.
News

Court orders Virgin Atlantic to pay N13 million for missed flight

A Lagos Federal High Court has ordered Virgin Atlantic to pay Joy Ezetah $5,906.50 in damages, plus costs, after it denied her boarding on a Lagos-London flight.
News

FG moves to end open grazing, identifies 470 gazetted reserves

The Federal Government has identified 470 gazetted grazing reserves to resettle pastoralists and end open grazing and the roaming of cattle across Nigeria's cities.
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Governance is not rocket science, Peter Obi faults Tinubu’s policies

NDC presidential candidate Peter Obi says governance is "not rocket science," faulting Tinubu's policies and pledging unity, education and support for small businesses if elected.