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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.

Five Nigerian Cities Experiencing the Fastest Rising Cost of Living in 2025

KEY POINTS Lagos, Abuja, Port Harcourt, Uyo, and Jos are the top five Nigerian...

Lagos to Introduce Special Vehicle Plates for Persons with Disabilities

Lagos introduces special number plates for persons with disabilities to improve vehicle identification and inclusivity

Five Dead, 13 Rescued After Lagos Building Collapse

Five people were killed, and 13 were rescued after a building collapsed in Lagos. Eyewitnesses say signs of distress were ignored before the collapse.

Over 1,000 Investors Stormed CBEX Office Over Lost Investments

Investors protest at CBEX Lagos office after losing millions in a Ponzi scheme, demanding accountability

Peter Obi Demands Action on Genocidal Threats in Lagos

Peter Obi calls for immediate investigation and action against genocidal threats targeting Igbos in Lagos, emphasizing the need for unity and strong leadership to counter divisive rhetoric.

Lagos Market Traders Struggle Without Amenities: A Call for Change

Approximately 2,000 women who trade in Mushin and Oyingbo markets, Lagos State’s bustling commercial...

Texas Businessman Found Dead in Lagos Hotel Room

A US-based businessman, Onyejekwe Izuchukwu, was discovered dead in his hotel room in Lagos, Nigeria on June 9, 2024. The 51-year-old Texan was on a business trip and had been staying at the hotel for several days. Authorities have launched an investigation to determine the cause of death, and Izuchukwu's body was transported for autopsy.

Lagos Slips to 5th Place Among Africa’s Wealthiest Cities

Lagos, Nigeria's economic powerhouse, has seen a decline in its ranking among Africa's wealthiest...

Nigerian Drug Bust Nets Traffickers, NDLEA Rejects Bribe Attempt

The National Drug Law Enforcement Agency (NDLEA) of Nigeria has had a busy week,...

Kidnapped Furniture Maker Escapes Death in Nigeria

 A young entrepreneur who was abducted by unknown gunmen in Lagos, Nigeria, has shared...

Lagos Commuters Enjoy Peaceful and Secure Transport Despite Fare Hike

The management of Oshodi Transport Interchange (OTI), a world-class bus terminal in Lagos, Nigeria,...

Northern Nigeria’s Outrage over Relocation of Key Agencies to Lagos

The Arewa Consultative Forum (ACF) has accused the federal government of plotting to undermine...

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.