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Tinubu attributes strong corporate performance to FX, subsidy

  • 6th August 2026

NAICOM revokes Nigeria Reinsurance licence over capital requirement

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MEMAN backs cassava ethanol blending to cut petrol

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Fake agency DG opposes closed-door house questioning, seeks

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Tinubu attributes strong corporate performance to FX, subsidy reforms

Business

Moove raises $250m to scale autonomous vehicle business

Tech

Meta AI model breaches external system during security test

Tech

BREAKING: Tinubu orders EFCC to unfreeze Osun govt accounts

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Blog

2023 budget: ASUU threatens strike over unreleased N170bn
News

FG, ASUU sign landmark deal to end university crises

The Federal Government and the Academic Staff Union of Universities have signed a landmark agreement aimed at resolving the long-standing crises that have plagued Nigeria’s public university system. The renegotiated 2025 agreement was unveiled on Wednesday in Abuja, bringing to an end a protracted process that began in 2017 to review the 2009 Federal Government–ASUU […]

News

UK scraps mandatory single digital ID for workers

The United Kingdom government has abandoned plans to introduce a single mandatory digital identity card as a requirement for working in Britain, marking a significant shift in policy after widespread resistance. The change was confirmed on Wednesday by the UK finance minister, Rachel Reeves, who said the decision followed strong political and public opposition to […]

Appointments

Wike approves promotion of over 2,000 FCT workers

The Minister of the Federal Capital Territory, Nyesom Wike, has approved the promotion of more than 2,000 staff members of the Federal Capital Territory Administration and the Federal Capital Development Authority. The Chairman of the FCT Civil Service Commission, Emeka Ezeh, made the disclosure on Wednesday while briefing journalists in Abuja. Ezeh explained that the […]

Business

Lagos plans affordable electric boats for commuters

The Lagos State Government plans to add electric-powered boats to the Lagos Ferry Services fleet this year, aiming to lower fares for commuters. The Managing Director of LAGFERRY, Hon. Abdoulbaq Ladi-Balogun, made this disclosure in a statement on the Lagos State Government’s X account on Wednesday. The move is part of a push for affordable, […]

Travel

US embassy reopens redesigned American centre in Abuja

The United States Embassy in Abuja has officially reopened its newly redesigned American Centre located within the Embassy Chancery, reinforcing the strength of diplomatic ties between the United States and Nigeria while expanding access to educational and cultural opportunities for Nigerians. In a statement issued on Wednesday and signed by the Embassy, the U.S. Mission […]

News

Death threats won’t stop tax reforms, Oyedele insists

The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has disclosed that he has received threats to his life due to his involvement in the implementation of Nigeria’s far-reaching tax reform agenda. Oyedele made the revelation in Abuja while speaking at a governance colloquium organised to commemorate the 50th birthday […]

has presented its 2024 Regulatory Impact Assessment, a comprehensive review aimed at overhauling existing telecom regulations
Business

NCC engages PwC to review competition in telecoms sector

The Nigerian Communications Commission has appointed PricewaterhouseCoopers to conduct an extensive assessment of competition in Nigeria’s telecommunications sector amid rising concerns about market dominance and the long-term viability of fair competition. This disclosure was made on Tuesday at a stakeholders’ forum on the Study of Competition in the Nigerian Telecommunications Industry held in Lagos. The […]

EU to criminalize AI-generated porn images, deepfakes
Economy featured

Nigeria, South Africa delisted from EU high-risk countries

The European Union has removed Nigeria and South Africa from its list of High-Risk Third Country Jurisdictions, a development expected to significantly enhance financial transactions, trade and investment flows between the affected countries and the EU. South Africa’s National Treasury disclosed the development in a statement issued on Tuesday, noting that the decision was published […]

Helth

JOHESU insists on strike despite no-work-no-pay policy

The Joint Health Sector Unions and Assembly of Health Care Professionals has maintained that it will continue its indefinite national strike despite the Federal Government’s implementation of the ‘no work, no pay’ policy. The union made its position known in a memo signed by its National Secretary, Mr Martin Egbanubi, and addressed to presidents, general […]

Finance

Insecurity: States spent N525bn on security votes in three years

States across Nigeria earmarked a combined N525.23bn for security votes and related operations between 2023 and 2025, according to an analysis of figures extracted from their approved budget documents. The budgets analysed are contained in Open States, a BudgIT-backed platform that serves as a central repository for government budget data across the country. Despite the […]

Business

Nigeria, UAE eliminate tariffs on over 13,000 products

The Federal Government has announced the elimination of tariffs on 6,243 products imported into Nigeria from the United Arab Emirates, while the UAE has removed tariffs on 7,315 products imported from Nigeria. The move is part of a newly concluded trade pact designed to widen market access for Nigerian goods, businesses, and professionals. The disclosure […]

Business

Africa’s startup funding rebounds after two-year slump

Africa’s startup ecosystem recorded a significant recovery in 2025, bringing an end to a two-year downturn in funding as venture capital inflows rebounded strongly. According to BusinessDay, the resurgence was driven by improved company fundamentals, greater macroeconomic stability in major African markets, and the increasing influence of Africa-based investors leading larger and more resilient funding […]

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