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Policy and Regulations

Reps probe allegedly altered tax reform laws

The House of Representatives officially formed an Ad-Hoc Committee on Thursday to investigate reported inconsistencies between the tax reform bills passed by the National Assembly and the official gazetted version currently being distributed to government agencies. This development follows a motion raised during Wednesday’s plenary by Abdussamad Dasuki, the representative for Kebbe/Tambuwal Federal Constituency of […]

Business

NIPC secured over $10bn investment commitments in 2025

The Nigerian Investment Promotion Commission says it facilitated more than $10 billion in investment commitments in 2025. The Executive Secretary of the commission, Ms Aisha Rimi, disclosed this at a media parley in Abuja, according to the News Agency of Nigeria. She said the milestone reflects the Federal Government’s ongoing efforts to boost investor confidence […]

Nigerian bankers move to curb japa
Opinion

Why US placed Nigeria on travel ban — Ex-minister

Former Minister of State for Foreign Affairs, Nurudeen Mohammed, has stated the reason for the United States’ partial travel ban on Nigeria. Speaking during an interview on ‘Prime Time’, a programme on Arise Television on Wednesday, Mohammed said Nigeria has been without ambassadors for 2 years, adding that her side of the story was never […]

featured Finance

Govs pledge effective use of World Bank NG-CARES funds

The Nigeria Governors’ Forum has pledged to ensure the proper and effective use of funds under the Nigeria Community Action for Resilience and Economic Stimulus Programme, following the World Bank’s confirmation of the programme’s effectiveness in delivering support to vulnerable households, farmers, and micro and small enterprises. The confirmation of the World Bank’s additional financing […]

Technology

Akume reaffirms FG’s commitment to modern citizen-centred service

The Secretary to the Government of the Federation, George Akume, has reaffirmed the Federal Government’s commitment to building a modern, responsive, and citizen-centred public service in the country, stressing that the future of governance lies in systems, not shortcuts. He commended the Head of the Civil Service of the Federation, Mrs Didi Walson-Jack, for her […]

OpenAI unveils GPT-5 amid rising industry investment
Tech

OpenAI, Anthropic plan EU office expansion

OpenAI and Anthropic are reportedly looking to expand their presence in Europe by securing larger office spaces in Dublin. US-based AI company Anthropic is said to be aiming for roughly 25,000 square feet in Dublin over the next three to five years, though the exact size may be adjusted, according to Bloomberg, citing sources familiar […]

Business

Shareholders excited as company returns after 12-year shutdown

Shareholders of Austin Laz Company Plc have lauded the management for returning to operations after over 12 years of being out of production. Speaking at the Annual General Meeting of the company on Tuesday in Benin for the year ending 2024, shareholders lauded the management and Board of Directors for their resilience, doggedness, innovation and […]

United Airlines records $14.2bn revenue Q2 2023
Aviation

Nigeria’s local flights among cheapest globally – United Airlines boss

The Chairman and Chief Executive Officer of United Airlines Limited, Prof. Obiora Okonkwo, has said that domestic air travel in Nigeria remains one of the cheapest globally, despite widespread complaints by passengers over rising ticket prices. Okonkwo, who is also the spokesperson for airline operators in Nigeria, made the claim on Thursday while speaking on […]

Tinubu orders NNPC to sell Crude to Dangote in Naira
News

Tinubu to present 2026 budget proposal to NASS Friday

President Bola Tinubu is expected to present the 2026 Appropriation Bill to a joint session of the National Assembly on Friday, December 19, 2025. Ahead of the presentation, a formal communication from the Presidency is expected to be read on the floor of the House of Representatives at plenary on Thursday, notifying lawmakers and staff […]

NASS inflated 2025 budget with 11,122 'ghost' projects — BudgIT
Business

Senate reviews 2025 budget, cuts spending to ₦43.56tn

The Senate on Wednesday deliberated on a bill to repeal and re-enact the 2024/2025 Appropriations Act, proposing a revised budget of ₦43.56 trillion. President Tinubu had earlier transmitted the Appropriation (Repeal and Re-enactment) Bill 2024 to the National Assembly for consideration. The bill was passed for second reading during the plenary session. Under the proposed […]

EU to criminalize AI-generated porn images, deepfakes
News

European Union to deepen security ties with Nigeria

The European Union and Nigeria are taking steps to further cement their existing relations through enhanced defence engagement, as part of broader efforts to address Nigeria’s evolving security challenges. This was disclosed on Wednesday, when the EU Ambassador to Nigeria and ECOWAS, Mr Gautier Mignot, paid a courtesy visit to the Chief of Defence Staff, […]

EFCC faults fintech over fraud among unbanked and middle class
featured Scams

EFCC arrests five herbalists with fake $3.4m

The Economic and Financial Crimes Commission has arrested five suspects over the alleged possession of $3.4 million and €280,000 in counterfeit foreign notes in Osun and Lagos States. The commission disclosed the development in a statement posted on its official X account on Wednesday. Operatives of the Ibadan Zonal Directorate carried out the arrests during […]