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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

The Green Mirage: Inside the Lucrative Supply Chain of Nigeria’s Climate Fraud Industry

KEY POINTS Nigeria's influx of climate finance is being systematically plundered not just by...
News

Bauchi Accountant General Arrested in N70 Billion Fraud Scandal

KEY POINTS The EFCC has arrested Bauchi State Accountant General Sirajo Jaja and two...
Business

Nigeria’s Central Bank Refuses to Settle $2.4 Billion of Fraudulent FX Claims

Nigeria’s Central Bank (CBN) has announced that it will not pay off $2.4 billion...
News

Indian Businessman, Bankers Appeal Fraud Conviction

LAGOS, Nigeria - An Indian businessman and two officials of Keystone Bank have challenged...
Business

CBN to Crack Down on Fintech Fraud With New Guidelines

The Central Bank of Nigeria (CBN) is planning to introduce corporate governance guidelines for...
News

Former CBN Governor Faces Six Fraud Charges in Court

Godwin Emefiele, the former governor of the Central Bank of Nigeria (CBN), has been...

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News

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.
News

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.