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

Investment

FG optimistic Nigeria NOW! Expo will boost mining investments

Investment

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Business

Saidu Muhammed quits Seplat board for NMDPRA CEO appointment

The immediate past Chairman of the Federal Inland Revenue Service, Mr. Muhammad Nami, has criticized the alleged unauthorized alteration of the Tax Administration Act. He urged the National Assembly to consider passing a resolution to annul the gazetted versions of the Act. Nami also called on the executive to direct the FIRS to suspend the […]

FG to reveal outcome of Binance probe soon - NSA
News

Ribadu blames sabotage for oil spill in Rivers

The National Security Adviser, Nuhu Ribadu, has attributed the recent oil spill in Kpean community, Khana Local Government Area of Rivers State, to sabotage. Ribadu made this statement on Monday while heading a federal government delegation to evaluate the damage caused by the spill in Ogoniland. The team included the Minister of Environment, Balarabe Lawal; […]

Google to build first subsea cable connecting S'America with Asia
Tech

Nigeria holds advanced talks with Google on new undersea cable

Nigeria is reportedly in advanced discussions with Alphabet Inc.’s Google to establish a new undersea cable aimed at bolstering the country’s digital resilience, a senior government official said. The Director General and CEO of the National Information Technology Development Agency, Kashifu Inuwa Abdullahi, explained that Nigeria seeks to supplement its existing undersea connections to Europe, […]

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FG declares December 25, 26, January 1 public holidays

The Federal Government has declared Thursday, December 25, and Friday, December 26, 2025, as public holidays to commemorate the Christmas and Boxing Day celebrations across the country. In addition, the Federal Government announced Thursday, January 1, 2026, as a public holiday to mark the New Year celebration. The announcement was conveyed in a statement issued […]

featured News

Trump recalls US ambassador to Nigeria, others

United States President Donald Trump has reportedly ordered the recall of the United States Ambassador to Nigeria, Richard Mills, alongside several other career diplomats serving as ambassadors across different regions of the world. According to a report by Politico, the decision is part of a broader effort by the Trump administration to realign US diplomatic […]

Opinion

Delay in tax laws will hurt workers, businesses — Oyedele

Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele, has cautioned that postponing the implementation of Nigeria’s newly signed tax laws beyond January 1, 2026, could worsen the tax burden on workers and businesses nationwide. Oyedele’s warning follows growing controversy over claims that the versions of the tax laws recently gazetted differ […]

Customs, FAAN ranked worst-performing agencies in May 2024
Business

Customs intercepts diverted containers valued at N769.5m

The Nigeria Customs Service has intercepted 20 diverted transit containers valued at N769.5 million in duty-paid terms along the Kano/Jigawa Area Command Axis. In a Sunday statement, the Service’s National Public Relations Officer, Abdullahi Maiwada, said the seizures resulted from an intelligence-led enforcement operation designed to curb cargo diversion and protect government revenue. The development […]

Electricity

Blackout hits Abuja as AEDC battles feeder issue

Residents of Utako and sections of Wuye in Abuja are currently experiencing a power outage due to a technical fault on a feeder serving the areas, the Abuja Electricity Distribution Company has reported. In a public notice on Monday, AEDC notified customers that the electricity outage in Utako and parts of Wuye was due to […]

Business

SEC sets January deadline for capital market operator renewals

Nigeria’s Securities and Exchange Commission has directed all Capital Market Operators to renew their registration between January 1 and 31, 2026. In a statement released on Sunday, December 21, 2025, the Commission noted that from the first quarter of 2026, it will begin electronic receipt and processing of registration applications, including updates to operators’ registration […]

Banking

Nigerian banks not at risk of shutdown, ACAMB confirms

The Association of Corporate Communication and Marketing Professionals in Banks has reassured Nigerians that no bank in the country is at risk of closure over recapitalisation requirements, dismissing claims circulating on social media. The assurance was contained in a joint statement on Sunday by ACAMB President, Mr. Rasheed Bolarinwa, and General Secretary, Mr. Jide Sipe. […]

Business

Stakeholders warn of billions lost to container blockages at ports

Stakeholders in Nigeria’s maritime sector have raised concerns that the country is losing billions of naira due to container blockages at Lagos ports, a situation that has sparked widespread outrage and renewed calls to end the duplication of port clearance procedures by the Maritime Police. They further alleged that officers of the Maritime Police have […]

Scams

Nigerian-American, five others indicted over massive US stock fraud

A dual United States and Nigerian citizen, Izunna Okonkwo, has been indicted alongside five other individuals of different nationalities over an alleged $41m stock market fraud in the United States. A statement obtained from the United States Department of Justice website on Sunday disclosed that Okonkwo and the other defendants allegedly engaged in insider trading […]

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