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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.

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 leaves Lagos for Europe Ahead of Abu Dhabi Sustainability Summit

KEY POINTS • Tinubu departed Lagos for Europe on Sunday as part of his year...

Gunmen Abduct Winners Chapel Pastor in Kogi Community

KEY POINTS • A Living Faith Church pastor was kidnapped while heading to his farm...

Truck Crash Forces Otedola Bridge Closure in Lagos

A crash involving two container trucks shut Otedola Bridge, halting traffic and forcing officials to redirect motorists through alternative Lagos routes.

NGX Nears N98 Trillion as Santa Rally Lifts Stocks

Nigerian stocks surged in a Santa rally, lifting market value close to N98 trillion as investors pocketed more than N953 billion in gains.

7 Most Visited Countries During Christmas as Holiday Travel Peaks

As Christmas approaches each year, international travel surges. Europe’s historic cities and warmer destinations across the Americas consistently rank among the most visited countries during Christmas due to culture, tradition and seasonal appeal.

US Missile Strikes Trigger Panic in Parts of Northern Nigeria

US airstrikes ordered by Donald Trump hit parts of Sokoto and Kwara, triggering panic as officials dispute casualties and question intelligence accuracy.

How Street Grinding Machines Contaminate Everyday Food with Dangerous Metals

Laboratory tests show pepper ground at Lagos street mills contains dangerously high metal levels, raising concerns over daily food safety.

NUPRC Chief Sees Opportunity in Nigeria’s Upstream Revival

Nigeria’s new upstream regulator says clear rules, collaboration, and technology will unlock investment and raise oil and gas output under the Petroleum Industry Act.

UNN Names Chimamanda Adichie Visiting Professor

The University of Nigeria, Nsukka, is strengthening academic excellence by appointing Chimamanda Adichie and other global scholars as visiting professors.

Transport Fares Rise in October as Okada Costs Surge

Transport fares rose across Nigeria in October, led by sharp increases in motorcycle travel, as inflationary pressures continue to strain household budgets.

INEC Sets February 21 for Rivers Bye Elections

KEY POINTS • INEC schedules Rivers State bye elections for February 21, 2026• Vacancies arose...

Rivers Lawmakers Loyal to Wike Defect to APC in Major Shake Up

KEY POINTS • Two Rivers senators defect from PDP to APC during Senate plenary• Six...

Latest articles

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.

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.

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.

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.