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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.

Tinubu’s Bold Pitch: Nigeria Emerges as Prime Investment Destination for Samsung

In a strategic move aimed at wooing global investment, former Lagos State Governor and...

Ortom Calls on Bello to Face EFCC Investigation

In a surprising turn of events, former Benue State Governor Samuel Ortom urged Yahaya Bello, the immediate past governor of Kogi State, to surrender himself to the Economic and Financial Crimes Commission (EFCC) amid ongoing corruption investigations. Ortom's statement comes after Bello's recent absence from court hearings related to the EFCC probe.

Lagos Governor and Senator Push for Ikorodu-Itokin Road Dualization

Lagos Governor Babajide Sanwo-Olu and Senator Adetokunbo Abiru are advocating for the urgent dualization of the Ikorodu-Itokin Road, a vital artery for economic activity in the region. The road's rehabilitation and planned dualization are expected to significantly improve traffic flow and boost economic growth in Lagos State and beyond.

Diesel Prices Remain Steady Despite Dangote’s Cuts

Despite recent price cuts by Dangote Group, diesel prices in Nigeria have yet to...

Nigerian Minister Defends Lagos-Calabar Highway Project

Nigerian Works Minister David Umahi defends the Lagos-Calabar Coastal Highway project, calling critics who question its funding and economic viability "unpatriotic." The project is expected to improve connectivity between Nigeria's economic hubs and boost national growth.

Federal Government Plans to Offload Banks’ Managed Discos

In a move aimed at restructuring Nigeria's energy sector, the federal government has announced...

Nigerian Lawyer Ozekhome Denies Defending Governor Bello

Nigerian lawyer Mike Ozekhome has distanced himself from a fabricated social media post that claimed he criticized the EFCC's pursuit of corruption charges against Kogi State Governor Yahaya Bello. Ozekhome called the statement "a lie from the pit of hell.

Nigeria Seeks Stronger Manufacturing Ties with South Korea

In a bid to bolster Nigeria's manufacturing sector, prominent Nigerian politician Bola Tinubu has...

Nigeria Issues N8 Trillion in Treasury Bills to Boost Economy

In a bid to bolster the country's economy, Nigeria has issued a staggering N8...

Nigerian Officials Vow to Crack Down on Oil Theft in Niger Delta

Nigerian officials are working together to tackle oil theft and pipeline vandalism in the Niger Delta, hoping to boost oil production and strengthen the country's economy.

Naira Gains Put Spotlight on Petrodollar Inflow

In a striking turn of events, Nigeria's currency, the naira, has experienced a noteworthy...

Nigeria Plunged into Darkness Again as National Grid Collapses

Latest grid collapse leaves Nigeria in darkness, exacerbating energy woes.

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.