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FG eyes manufacturing growth with major GDP allocation

The Federal Government has announced that it will allocate up to five per cent of Nigeria’s Gross Domestic Product each year to industrial development financing, aiming to significantly boost the manufacturing sector’s share of the economy. This initiative is outlined in the newly launched Nigeria Industrial Plan, unveiled in Abuja by the Federal Ministry of […]

Business

FG launches $50m impact innovation fund to support startups

The Federal Government has officially launched a $50 million Impact Innovation Fund aimed at supporting Nigerian startups tackling critical social challenges, following the signing of agreements between the Nigeria Sovereign Investment Authority and the Japan International Cooperation Agency. The agreements were signed on Friday at the Federal Ministry of Budget and Economic Planning in Abuja […]

Policy and Regulations

LASTMA impounded 17,169 vehicles, rescued 1,075 crash victims in 2025

The Lagos State Traffic Management Authority impounded a total of 17,169 vehicles for various traffic violations throughout 2025. During the same period, the agency successfully rescued 1,075 accident victims through its coordinated emergency interventions. These enforcement and rescue operations took place across major traffic corridors in Lagos State. LASTMA utilised rapid incident response frameworks, inter-agency […]

How Kaduna govt spent N43.8bn in Q1 2023 - Report
Investment

Kaduna attracts $3.2bn foreign investments in under three years — Centre

The Centre for Kaduna Economic Renewal has revealed that Governor Uba Sani has secured over $3.2 billion in foreign investment commitments and mobilised more than ₦1 trillion in domestic capital in less than three years. The group described this achievement as an unprecedented economic turnaround for Kaduna State. Vanguard reported that the Centre’s Chairman, Umar […]

Court dismisses MAN’s lawsuit against electricity tariff hike
Electricity featured

Aba power lights up Rivers community after decade-long blackout

History has been made in Etche Local Government Area of Rivers State, as several communities in the council now receive electricity supply from Aba Power, Nigeria’s newest power distribution company based in Aba, Abia State. According to Vanguard, chairman of Etche Local Government Area, Hon. Chima Njoku, expressed excitement over the development. He described it […]

Why Nigerian insurance is one of the lowest globally - CPPE
Business

CPPE flags risks in current capital inflow composition

The Centre for the Promotion of Private Enterprise has cautioned that the current pattern of capital inflows leaves the economy vulnerable to several risks, despite strong headline growth figures. The warning was contained in a policy brief on Sunday, February 22, 2026. Data from the National Bureau of Statistics showed that total capital inflows climbed […]

SERAP sues Wike, governors, over failure to account for N40tn LGA allocations
News

SERAP seeks immediate withdrawal of controversial surveillance framework

The Socio-Economic Rights and Accountability Project has urged President Bola Tinubu to instruct the Minister of Communications, Innovation and Digital Economy, Bosun Tijani, to immediately withdraw the Lawful Interception of Communications Regulations, 2019. In a statement on Sunday, SERAP described the regulations as unconstitutional and incompatible with Nigeria’s international obligations. The organisation said the rules […]

Business

Trump urges Netflix to oust Susan Rice after accountability remarksk

Donald Trump has called on Netflix to remove one of its board members, Susan Rice, the former United States ambassador to the United Nations and national security adviser, after remarks she made about accountability when Democrats return to power. “Netflix should fire racist, Trump Deranged Susan Rice, IMMEDIATELY, or pay the consequences. She’s got no […]

SERAP sues Wike, governors, over failure to account for N40tn LGA allocations
Opinion

SERAP urges Tinubu to scrap unlawful phone tapping regime

The Socio-Economic Rights and Accountability Project has urged President Bola Tinubu to direct the Minister of Communications, Innovation and Digital Economy, Bosun Tijani, to immediately withdraw the Lawful Interception of Communications Regulations, 2019. SERAP described the regulations as “unconstitutional, unlawful and inconsistent with Nigeria’s international obligations.” The organisation also called on the President to initiate […]

Helth

Experts highlight Nigeria’s biodiversity role in sustainable development

Experts have identified Nigeria’s rich biodiversity and ecosystems as crucial to achieving global environmental health while supporting key sectors such as agriculture, water resources, health, tourism, and industrial development — all geared towards sustainable development and food security. According to The PUNCH, the experts spoke during the validation and inauguration of Multi-Stakeholder Platforms and the […]

featured World

Trump raises global tariff to 15% after court ruling

United States President Donald Trump has announced the imposition of global tariffs at 15 per cent, continuing his criticism of a Supreme Court ruling that invalidated his prior import taxes. On Friday, Trump stated that he would substitute the tariffs nullified by the court with a 10 per cent levy on all goods entering the […]

featured Travel

Nigerians, Chinese top Grenada citizenship-by-investment applicants in 2025

Nigeria and China have emerged among the top five source countries for applicants seeking citizenship-by-investment in Grenada. This development highlights a broader shift in demand for second passports, moving beyond traditional Western applicants. According to BusinessDay, fresh data from the Investment Migration Agency revealed that Nigerians and Chinese nationals secured the top two positions among […]