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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

Nigeria To Earn $320 Million From Carbon Credit Initiative

Nigeria is set to rake in $320m annually from carbon credit initiative.
Politics

FG Secures $600M Foreign Agriculture Loans to Boost Sector

Nigeria's FG secures a $600M foreign agriculture loan to boost production, create jobs, and support self-sufficiency in the agricultural sector
News

NIN Modification: Bank Blames NIMC, Nigerians Share Frustrations

NIN modification not reflecting in banks is a shared frustration with other Nigerians.
News

Shell awards $1.98bn contracts to Nigerian firms to boost local content

Shell awards $1.98bn contracts to indigenous companies, boosting Nigeria’s local content and economic development in the oil industry
News

Federal Government Dismisses Civil Servants With Degrees From Togo, Benin

The Nigerian government dismisses civil servants with degrees from unaccredited universities in Togo and Benin as part of an ongoing certificate probe.
News

Mali, Burkina Faso Terrorists Now Active In Northwest Niger State

The Senate on Thursday called for immediate action to arrest terrorists infiltrating from Mali-Burkina Faso to Nigeria's northwest and Niger state, stressing the need for military capacity and community engagement.
News

Court Urged To Dismiss Charges Against Minors – Falana

Falana wants charges against #EndBadGovernance protests minors dismissed, citing constitutional and international protection.
Business

Why Exporters Are Struggling

Nigeria’s nonoild export growth is stifled by rising costs, high interest rates and policy restrictions.
News

APC Criticizes Amaechi’s Call for Protests as ‘Unpatriotic’

The APC has condemned Rotimi Amaechi’s call for protests, describing it as unpatriotic and urging Nigerians to support President Tinubu's economic reforms.
News

ExxonMobil’s $10 Billion Investment in Nigeria to Boost Oil Output

ExxonMobil is investing $10 billion in Nigeria’s deepwater oil assets to unlock 180,000 bpd of production, signaling a major boost for the country's oil sector and economy.
News

Nigeria Fights Paris Court Seizure of Presidential Jets in Legal Dispute

Nigeria battles in Paris court to reclaim seized presidential jets amid a $60 million dispute with a Chinese company.
News

Petrol Imports from Malta Surge 342% Amid Dangote, NNPC Rift

Nigeria's petrol imports from Malta have surged by 342% amid a rift between Dangote and NNPC. The increase underscores the need for reforms in the energy sector.
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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

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.