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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

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NASS orders release of certified tax acts

The National Assembly has directed that Certified True Copies of the Tax Reform Acts be made available to stakeholders and members of the public upon request. This directive was contained in a statement issued on Friday in Abuja by the Director of Information for the Senate, Bullah Audu Bi-Allah. The statement disclosed that the National […]

featured Finance

Tax laws not perfect, would be reviewed periodically — Oyedele

Taiwo Oyedele, Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, has said the Federal Government will continue to subject Nigeria’s tax laws to periodic reviews to ensure they remain effective and responsive to national needs. He made the clarification against the backdrop of recent allegations that some laws passed by the National […]

featured Oil and Gas

Lagos gas infrastructure repair boosts power generation nationwide — NISO

The Nigerian Independent System Operator has announced an improvement in power generation nationwide following the repair and restoration of the vandalised Lagos-Escravos gas supply infrastructure. The management of NISO disclosed this development in a statement issued on Friday in Abuja, noting that the restoration has positively impacted electricity generation across the country. NISO, which was […]

Business

Eyesan assumes office as NUPRC Chief, vows upstream sector growth 

The newly appointed Commission Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission, Mrs Oritsemeyiwa Eyesan, has assumed office, pledging to advance the growth of Nigeria’s upstream oil and gas sector in line with the Petroleum Industry Act 2021. In a statement by the Head of Media and Strategic Communications, Eniola Akinkuotu, Eyesan outlined her […]

featured Technology

Popular tech influencer Kagan announces exit from social media

Popular Nigerian tech content creator Oladapo-Ogunsanya Segun, widely known as Kagan Tech, has announced his decision to step away from social media and discontinue video content creation due to health-related challenges. The announcement, made in a mm video he released on Friday night, has sent shockwaves across the Nigerian tech and digital creator community, where […]

News

FG insists new tax laws start January 2026

The Federal Government has reaffirmed that the implementation of Nigeria’s newly enacted tax reform laws will begin on January 1, 2026, despite growing controversy over alleged discrepancies in the versions of the Acts published in the Official Gazette. The Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele, made this known on […]

Finance

Why we repealed 2024, 2025 budgets — Reps spokesperson

The Deputy Spokesperson of the House of Representatives, Hon. Philip Agbese, has explained that the decision by the House to repeal and re-enact the 2024 and 2025 Appropriation Acts was taken to align Nigeria’s budgeting framework with global best practices, promote transparency, and address persistent implementation challenges. Agbese made this known during an interview on […]

Economy

Egypt cuts interest rate again as inflation pressures eases

Egypt’s central bank on Thursday reduced its benchmark deposit rate by 100 basis points to 20 per cent, marking the fifth interest-rate cut carried out by the monetary authority this year. The latest reduction highlights growing confidence among policymakers that inflationary pressures are easing after an extended period of tight monetary policy aimed at stabilising […]

Air Peace resumes operations after NiMet strike suspension
Aviation featured

Flight disrupted as NAHCO vehicle damages Air Peace aircraft

Flight operations involving a newly acquired Embraer 195-E2 aircraft owned by Air Peace were disrupted on Friday following a ground handling incident at the Murtala Muhammed International Airport in Lagos. The airline confirmed the development in an official statement, explaining that the incident occurred after passengers had already boarded the aircraft for departure. According to […]

UK job vacancies drop 23%, signaling economic slowdown
Economy

UK recorded over £20bn defence exports in 2025

The United Kingdom has recorded over £20 billion in defence exports in 2025, the highest figure since official records began more than four decades ago, according to an announcement by the Ministry of Defence on Friday. The milestone was disclosed in an official statement titled, “2025 sees highest British defence exports since records began in […]

Finance

2026 budget: Anambra, Enugu lead states in education funding

As governors across the country submit their 2026 appropriation bills to their respective state Houses of Assembly, an analysis by The PUNCH has revealed significant disparities in education sector funding, with Anambra, Enugu, Kano and Jigawa emerging as the leading states, while several others fall well below recommended benchmarks. So far, a total of 34 […]

featured Transportation

Tinubu hails $1.26bn Lagos–Calabar Highway deal

President Bola Tinubu has praised the successful conclusion of a 1.26 billion dollar financing agreement for Phase 1, Section 2 of the Lagos–Calabar Coastal Highway, describing the development as a significant boost to Nigeria’s ongoing infrastructure expansion efforts. The commendation was contained in a statement released on Friday by the President’s Special Adviser on Information […]

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