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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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Tinubu Nominates Magnus Abe as Upstream Regulator Chairman

President Tinubu names Magnus Abe to lead the upstream petroleum regulator, seeking Senate approval for new boards under Nigeria’s reformed oil sector.
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CIG Motors Dismisses Director, Refers Case to EFCC

CIG Motors has dismissed an executive director and referred alleged misconduct to the EFCC, while the former official disputes the company’s account of his exit
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Lagos Weighs N7Bn Oworonshoki Jetty Project

Lagos State plans a N7bn jetty and housing scheme at Oworonshoki as officials argue infrastructure offers deeper economic value than short-term relief
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Nigerian Stocks Gain N2.05 Trillion As Year-End Rally Sustains Momentum

NGX ended 2025 on a high, gaining N2.05 trillion as investors flocked to banking, ICT, and consumer goods stocks.
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Manufacturers Seek Refinancing Facility And Policy Support To Boost 2026 Output

Nigeria’s manufacturers push for low-cost refinancing, policy reforms, and targeted support to revive industrial output and competitiveness in 2026.
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Nigeria’s Mining Revenue Rises to N70bn As Reforms Begin To Pay Off

Nigeria’s mining sector recorded a sharp revenue rise in 2025 as reforms, enforcement, and new investments reshape the industry.
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Explaining Nigeria’s New Tax Laws And What Changes In 2026

Nigeria’s new tax laws take effect in 2026, reshaping income tax, business levies, bank transfers, and compliance nationwide.
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Tinubu Meets Rwanda’s Kagame in Paris

KEY POINTS President Bola Tinubu held a private lunch meeting with Rwandan President Paul...
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Anthony Joshua Breaks Silence After Crash That Killed Two Close Friends

KEY POINTS Anthony Joshua paid tribute to Sina Ghami and Latif Ayodele after a...
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Bandits Strike Niger Communities Again, Over 30 Killed, Many Abducted

KEY POINTS Over 30 people were killed in fresh bandit attacks in Agwara and...
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Expert Cautions Nigerians on Antibiotic Abuse Risks

A Lagos based medical specialist warns that antibiotic abuse and self medication are accelerating antimicrobial resistance and threatening effective treatment of common infections.
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Natasha Backs Joshua, Presses Nigeria on Highway Safety

Natasha Akpoti Uduaghan expressed sympathy with Anthony Joshua after a fatal crash, renewing calls for urgent highway reforms and stronger emergency response systems.
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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.