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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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Lagos market generates N281bn in 2025 despite slowdown

Lagos's short-let market closed 2025 with N281 billion in revenue, falling short of earlier projections as rising supply squeezed occupancy rates despite steady underlying demand.
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Ozoro Community Denies Rape Allegations, Blames Youth Misconduct for Festival Harassment

KEY POINTS Ozoro community leaders denied rape allegations at the Alue-Do festival, saying only...
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Tinubu Signals Economic Recovery, Secures £746m Lagos Port Deal to Boost Trade and Investor Confidence

KEY POINTS President Tinubu says Nigeria has moved past economic uncertainty and is on...
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Netanyahu claims Iran can no longer enrich uranium or build missiles as US-Israel strikes enter day 20

Israeli Prime Minister Benjamin Netanyahu declared Iran incapable of enriching uranium or producing ballistic missiles after 20 days of strikes.
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Nigeria’s data regulator threatens to sanction TikTok, X and Meta over street content privacy breaches

Nigeria's data protection agency ordered social media platforms to curb unauthorized filming of unsuspecting citizens or face significant regulatory sanctions.
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Borno governor warns of two more suicide bomb attacks expected during Sallah period

Borno Governor Babagana Zulum warned that two suicide bombers remain at large in Maiduguri ahead of the Sallah celebration.
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Why thousands of Almajiri children are leaving northern Nigeria for Abuja’s streets

Millions of out-of-school children from northern Nigeria are flooding Abuja as poverty, insecurity and tradition fuel the Almajiri crisis.
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Africa’s tiny share of global arms imports is leaving Nigeria exposed to terrorism, new data shows

New Stockholm Institute data shows Africa imported just 4.5 percent of global arms, raising alarms over Nigeria's counterterrorism capacity.
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Africa holds just 4.5 percent of global arms imports, SIPRI shows

Africa accounted for just 4.5 percent of global arms imports in 2024 and 2025, new Stockholm Institute data shows, as analysts warn the shortfall weakens the continent's capacity to fight terrorism.
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Starmer and Tinubu seal fresh export deals at Downing Street

President Tinubu and UK Prime Minister Keir Starmer sealed new export agreements at Downing Street Thursday, closing a state visit that produced a £746 million Lagos port financing deal.
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US moves to strip Nigerian convict of citizenship over $11m fraud

The US Department of Justice has filed a lawsuit seeking to revoke the citizenship of Nigerian Emmanuel Kazeem, who was convicted in 2018 over an $11 million tax fraud scheme.
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Nigeria tops global petrol price hike chart at 39.5 Percent

Nigeria recorded the sharpest petrol price increase of any country worldwide at 39.5 percent between February 23 and March 16, 2026, as the Middle East war drove global oil prices to a four-year high.
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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.