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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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Court Blocks Resident Doctors’ Planned January 12 Strike as Legal Battle With FG Deepens

KEY POINTS A National Industrial Court order has restrained resident doctors from embarking on...
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Rivers Assembly Confirms Impeachment Notices Served on Governor Fubara and Deputy

Rivers Assembly says impeachment notices alleging gross misconduct have been formally served on...
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Presidency Sets N12.2bn For Travel In 2026 As State House Budget Hits N43.2bn

The 2026 budget shows heavy travel spending by the Presidency, with the State House allocation rising to N43.2 billion.
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Why Africa’s Push For Visa-Free Travel Is Gaining Momentum

Advocacy for visa-free Africa grows as leaders, experts, and youth push freer movement to boost trade, jobs, and continental unity.
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Zenith Bank Rally Lifts Jim Ovia’s Stake by $18.5 Million

A steady rally in Zenith Bank shares has increased the value of founder Jim Ovia’s stake by $18.5 million as investors favor dividend-paying lenders.
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Nigeria Allocates ₦822 Billion to Digital Economy Over Six Years

Nigeria spent more than ₦822 billion on its digital economy ministry over six years, with sharp swings in funding and capital projects dominating allocations.
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Wike Praises Tinubu, Umahi as East West Road Opens to Traffic in Rivers Bonny Axis

KEY POINTS Wike applauds Tinubu and Umahi for opening the East West Road linking...
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Tinubu Hails NGX Crossing ₦100 Trillion as Investor Confidence Returns to Nigeria

KEY POINTS NGX market value has crossed ₦100 trillion, a historic first for Nigeria ...
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FG Orders All Airlines, Shipping Firms To Submit Manifests Through Single Window

FG mandates airlines, shipping firms to use National Single Window for cargo manifests, aiming to reduce delays and improve trade.
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Ogun Residents Petition Governor Over Harmful Quarry Operations in Isara Remo

Isara Remo residents petition Ogun governor over quarries destroying roads, farmland, and air quality, urging strict regulation and oversight.
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Dangote Refinery Sells Petrol Directly To Marketers After Depot Deal Fails

Dangote cuts petrol price, sells directly to independent marketers after depot deal fails, aiming to ease fuel supply issues.
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Obi Warns 141 Million Nigerians Live In Poverty As Politicians Focus On Power

Peter Obi warns poverty is rising fast in Nigeria as politicians chase power and national football players remain unpaid.
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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.