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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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Nigeria Approves Sharp Pension Increase for NSITF Retirees

Nigeria’s pension regulator has approved a sharp increase in NSITF pensions, lifting monthly payouts and clearing years of arrears for more than 2,000 retirees.
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Nigeria Air Force Probes Civilian Deaths in Niger State

Nigeria’s Air Force is investigating reports that a military aircraft killed two civilians in Kurigi, Niger State, during an operation against bandits.
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Unicross Suspends 24th Matriculation Amid Fee and Gown Dispute

Unicross has postponed its 24th matriculation ceremony indefinitely due to student protests over high gown fees and rising school charges, compounded by staff union actions.
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JAMB Says University Students May Register for 2026 UTME

JAMB says students already in universities may register for the 2026 UTME, provided they disclose their matriculation status and comply with admission regulations.
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Nigeria Military to Court-Martial Officers Over Alleged Coup Plot

Nigeria’s Defence Headquarters will court-martial 16 officers after an internal probe found cases to answer, including allegations linked to coup plotting.
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CBN Grants National Licenses to Major Fintech Players

The Central Bank of Nigeria has upgraded major fintechs to national licenses, formalising nationwide operations and imposing higher capital and compliance standards.
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Anambra Shuts Onitsha Main Market Over Sit-At-Home Defiance

Anambra State shut Onitsha Main Market for one week after traders defied the Monday sit-at-home order, escalating efforts to restore normal economic activity.
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NNPC, Chevron Confirm Hydrocarbon Discovery at Awodi-07 Well

NNPC confirmed hydrocarbons at Chevron Nigeria’s Awodi-07 well, calling the offshore Niger Delta discovery a milestone for their joint venture and Nigeria’s energy strategy.
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Customs Posts N7.28 Trillion Revenue in 2025, Exceeding Target

Customs Service said revenue reached N7.28 trillion in 2025, exceeding targets as reforms, digitalisation and stronger compliance lifted non-oil government income.
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Kano Governor Abba Yusuf Resigns from NNPP

KEY POINTS Kano Governor Abba Kabir Yusuf has formally resigned from the NNPP, citing...
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Peter Obi Faces Ruling Party Pressure As 2027 Race Nears

Ruling party steps up moves that may block Peter Obi’s path to 2027 as courts and party crises deepen nationwide.
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Tinubu Reviews Envoy Postings After Name Mix-up, Confirms Three Diplomatic Appointments

KEY POINTS President Tinubu has approved the posting of three ambassador-designates to France, the...
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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.
News

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.
News

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.