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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 to Commission Opebi–Mende Link Bridge as Lagos Moves to Ease Traffic Gridlock

KEY POINTS President Tinubu will inaugurate the Opebi–Mende Link Bridge in Lagos this week. ...

MAN warns US-Iran conflict could shut Nigerian factories

The Manufacturers Association of Nigeria warned Monday that the US-Iran conflict is pushing energy and freight costs to levels that could force factory shutdowns across Nigeria.

EU Partners Nigeria’s 3MTT Programme to Scale Digital Skills and Launch Talent Network

The European Union has partnered with Nigeria's 3MTT Programme to scale digital skills training and connect talent to real employment opportunities

Tinubu Orders Surveillance Cameras, Deploys Troops After Plateau Killings

KEY POINTS Tinubu ordered installation of over 5,000 surveillance cameras in Plateau after the...

Tinubu Appoints Shu’aibu Aliyu as PTDF Executive Secretary

KEY POINTS President Tinubu appointed Shu’aibu Aliyu as PTDF executive secretary, replacing Ahmed Aminu...

Gunmen Abduct Federal Ministry of Health Driver in Abuja Midnight Raid

KEY POINTS Gunmen abducted Sunday Ani, a Federal Ministry of Health driver, from Grow...

Bandits Kill Two, Abduct 11 Residents in Sokoto Village Night Raid

KEY POINTS Suspected bandits attacked Malamawar Yari village in Sokoto, killing two residents and...

Mutfwang Meets Tinubu Over Plateau Killings

KEY POINTS Governor Caleb Mutfwang met President Bola Tinubu in Abuja to discuss the...

David Mark-Led ADC Rejects INEC Decision on Leadership Dispute

KEY POINTS The David Mark-led ADC rejected INEC’s interpretation of an appeal court ruling,...

World Bank approves $500m for Nigeria smallholder farmers

The World Bank has approved $500 million in Nigeria agriculture funding through its International Development Association arm, backing the AGROW project to boost smallholder productivity, strengthen market linkages and improve food security.

Detained Nigeria coup officers’ families protest at NASS

Scores of children and wives of military officers detained over an alleged Nigeria coup plot staged a peaceful protest at the National Assembly on Wednesday, demanding a speedy trial or the release of their loved ones.

CBN closes bank recapitalization with N4.65trn fresh capital

The Central Bank of Nigeria has concluded the Nigeria bank recapitalization programme, with 33 deposit money banks raising a combined N4.65 trillion in fresh capital over 24 months.

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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.

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.