Business

FG unveils Tinubu Light Initiative for one million

  • 6th August 2026

NMDPRA proposes ban on fuel price fixing

  • 6th August 2026

Tinubu gets ICPC report on alleged fake agency

  • 6th August 2026

NIA credits NAICOM’s oversight for successful insurance recapitalisation

  • 6th August 2026

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FUTA workers protest alleged non-payment of allowances

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Five countries that recently changed, redenominated their currencies

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SEC launches campaign to help Nigerians recover unclaimed dividends

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FG optimistic Nigeria NOW! Expo will boost mining investments

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Fire destroys four Lagos shops on New Year’s Day

Four electronics shops located in a building at Ikotun, Lagos State, were razed by fire in the early hours of New Year’s Day, with all items in the affected shops completely destroyed. The shops are housed in a building located beside the GUO Transport Company in the Ikotun area. According to the News Agency of […]

Economy

2026: SMEs will blossom, hunger will reduce, says Pastor Adeboye

The General Overseer of the Redeemed Christian Church of God, Pastor Enoch Adejare Adeboye, has unveiled his prophetic outlook for the year 2026, that hunger across the country would reduce significantly, while small and medium-scale enterprises would begin to thrive and blossom. Pastor Adeboye made the declaration during the church’s annual Crossover Service held at […]

News

Tinubu reaffirms commitment to state policing, security in 2026

President Bola Tinubu has reaffirmed his administration’s commitment to strengthening Nigeria’s security architecture in 2026 through deeper collaboration with regional and global partners, alongside reforms aimed at confronting terrorism, banditry and other emerging threats. The President made this known in his New Year’s address to the nation on January 1, where he said security and […]

News

Lagos traders count loses after Arena market fire

Traders at Arena Market in the Bolade area of Oshodi, Lagos State, were on Wednesday counting losses estimated to be in the millions of naira after a fire outbreak gutted a section of the market on Monday evening. The fire razed a number of containerised shops, leaving many traders devastated as valuable goods were destroyed […]

Economy

Tinubu projects stronger economy, lower inflation in 2026

President Bola Tinubu has declared that 2026 will usher Nigeria into a more robust phase of economic growth, with his administration committed to further reducing inflation, strengthening foreign reserves and sustaining the country’s gross domestic product growth trajectory. In his New Year message to Nigerians on Thursday, the President expressed confidence in the collective resolve […]

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FULL SPEECH: Tinubu’s new year address

President Bola Tinubu on Thursday said 2026 would mark the beginning of a more robust phase of economic growth for Nigeria, citing moderating inflation, improved foreign reserves, rising investment inflows and sustained GDP expansion as evidence that recent reforms are beginning to yield results. In his New Year address to the nation, the President said […]

Oil and Gas

NNPCL posts N502bn profit as petrol prices fall

The Nigerian National Petroleum Company Limited posted a profit after tax of N502bn in November 2025, extending its profitability run even as crude oil and condensate production declined during the period. The strong financial showing came as the state-owned energy company entered an intensifying price war in the downstream petroleum sector by cutting the pump […]

Energy featured

Energy sector records $1.3bn surge amid Elumelu, Otedola deals

Nigeria’s energy sector recorded transactions valued at $1.3 billion within four days ending December 31, marking one of the most active deal-making periods the industry has witnessed in several years. The flurry of transactions, which took place between December 29 and December 31, featured billionaire investor Tony Elumelu’s Heirs Energies Limited acquiring a significant 20 […]

Labour advocates annual minimum wage adjustment to reflect inflation
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NLC targets 2026 for new minimum wage review

The Nigeria Labour Congress has declared its intention to push for an upward review of the ₦70,000 national minimum wage in 2026, despite the wage having received approval from the federal government in July 2024. The labour body hinged its position on the continued rise in the cost of living across the country, citing increases […]

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Naira ends 2025 stronger, gains over N100 against dollar

The naira ended 2025 with a gain of more than N100 against the United States dollar across foreign exchange markets, supported by stronger external buffers, sustained policy reforms and improved liquidity conditions, as Nigeria’s external reserves expanded by 11.3 percent on a year-on-year basis. Figures from the Central Bank of Nigeria showed that the naira […]

Business

FG plans tax exemption cards for SMEs under new reforms

The Federal Government has disclosed plans to introduce tax exemption cards for small businesses and informal operators under Nigeria’s ongoing tax reform This comes as part of efforts to shield low-income earners from multiple taxes and levies, according to Nairameteics. This was revealed by the Chairman of the Presidential Committee on Fiscal Policy and Tax […]

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