Blog

FCTA shuts FIRS, Access Bank Abuja offices over rent debt
Business

FIRS hits record ₦47.39tn tax collection

The Federal Inland Revenue Service has recorded an all-time high tax collection of ₦47.39 trillion between October 2023 and September 2025. The milestone was achieved under the leadership of FIRS Chairman Zacch Adedeji, who was appointed by President Bola Tinubu on September 14, 2023. According to performance data obtained on Sunday, the agency surpassed its […]

Aviation

Delta deploys next-generation Airbus jets on Lagos–Atlanta route

Delta Air Lines has introduced its next-generation Airbus A350-900 and A330-900neo aircraft on the Lagos–Atlanta route. In a statement released on Sunday, the airline said the route will be served by a combination of both aircraft types through late November. From early December, all Lagos–Atlanta flights will be operated exclusively with the A350-900, Delta’s flagship […]

CBN fines Moniepoint, OPay ₦1bn in regulatory crackdown
Business

Oil marketers get $1.26bn forex allocation from CBN

The Central Bank of Nigeria has disbursed a total of $1.26 billion to operators in the oil sector for the importation of petroleum products and related items in the first quarter of 2025. The release comes amid marketers’ continued preference for imported fuel despite the availability of petrol from the Dangote Refinery. Fresh data from […]

Gas export: FG records N1.2tn loss
featured News

One injured as gas explosion rocks Lagos market

A gas explosion occurred on Sunday afternoon at Orisunmibare Market in the Orile-Iganmu area of Lagos State, but the situation was quickly brought under control by men of the Lagos State Fire and Rescue Service. The blast, which took place around 2:13 p.m., originated from a gas retail outlet housing multiple cylinders of different sizes. […]

Investment

Chinese investment in Nigeria’s lithium processing hits $1.3bn — Alake

The Minister of Solid Minerals Development, Dr. Dele Alake, disclosed this weekend that Chinese investments in Nigeria’s lithium processing alone have reached $1.3 billion. Alake made the statement at the China Mining Conference in Tianjin, while speaking on the theme, ‘Connect and Collaborate, Co-Build and Co-Share’, according to a statement signed by his Special Assistant […]

Aviation

Tripadvisor harnesses AI to redefine travel discovery, planning

Tripadvisor, a travel platform is harnessing artificial intelligence to transform how travelers discover destinations and plan trips. According to the company’s head of data and AI, Rahul Todkar, combining rich user data with personalized insights in a ChatGPT-powered environment creates what he describes as “magic.” The travel platform which hosts over one billion user-generated reviews […]

N40,000 rice initiative targets public servants, others to follow
featured Food

Rice prices crash in Lagos markets over import surge

Rice prices have dropped sharply in several Lagos markets due to a surge in border imports, easing the financial burden on consumers. This development, however, has raised concerns among traders over reduced profits and the sustainability of their businesses. The News Agency of Nigeria reported that a 50kg bag of rice in Lagos currently sells […]

Finance

Lagos’ ₦3.355trn 2025 budget hits 80% performance – Omotosho

The Lagos State Government has announced that its ₦3.366 trillion 2025 budget has achieved an impressive 80 percent cumulative performance as of October. Gbenga Omotoso, Commissioner for Information and Strategy, disclosed this during a weekend media chat at Alausa, Ikeja, noting that both revenue generation and capital project execution were performing strongly. Omotoso provided the […]

NDLEA laments high rate of drug abuse in Abia
News

NDLEA seizes 4.7kg skunk, arrests 75-year-old man in Abia

The National Drug Law Enforcement Agency has arrested a 75-year-old man with 4.7kg of skunk seized from him at Ovum village, Obingwa Local Government Area, Abia State. This was disclosed in a statement on Sunday in Abuja by the NDLEA spokesman, Femi Babafemi, who noted that the suspect was arrested on Wednesday, October 22. Babafemi […]

Energy featured

Regulatory collaboration key to Nigeria’s energy transformation — OTL

Nigeria’s energy transformation has been hinged on regulatory collaboration, according to Mr. Tunji Oyebanji, Chairman of the Advisory Board for the OTL Africa Downstream Energy Week. Oyebanji made this assertion at a media parley discussing the upcoming OTL 2025, which is scheduled to hold in Lagos. Oyebanji provided details about the focus and scope of […]