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featured News

37 miners died in NSCDC custody — Niger gov

Niger State Governor, Mohammed Umaru Bago, has confirmed that 37 suspected illegal miners died while in the custody of the Nigeria Security and Civil Defence Corps in Minna. The victims were among dozens of suspects arrested during operations targeting illegal mining activities in the M.I. Wushishi and Lukoto areas of the state on September 15 […]

Finance

CSOs, youths protest against FG’s ‘excessive borrowing’

Civil Society Organisations, youths, students and market women staged a protest on Thursday at the Federal Ministry of Finance in Abuja, calling for an end to what they termed excessive borrowing by the Federal Government. The protesters, operating under the umbrella of Climate Action, said the growing burden of public debt-servicing was squeezing out funding […]

featured Finance

FG inaugurates subcommittee to review 2027 finance bill

The Federal Government has kicked off preparations for the 2027 budget with the inauguration of a subcommittee tasked with reviewing existing fiscal and tax reforms and drafting an implementable Finance Bill. The Subcommittee on Fiscal Policy and Tax Reforms was inaugurated on Thursday in Abuja by the Minister of Finance and Coordinating Minister of the […]

Finance

Manufactured imports hit ₦18trn amid rising import dependence

Nigeria recorded a 16.9 per cent Year-on-Year rise in manufactured goods imports, reaching N18 trillion in the first half of 2026, a development that has intensified worries about the country’s growing dependence on imports and the strain on local manufacturers. Vanguard reported that according to the latest Foreign Trade Statistics released by the National Bureau […]

Economy

Domestic assets surge as Nigeria’s foreign assets weaken

Nigeria’s Net Domestic Assets climbed by 27.1 per cent year-on-year to N101.006 trillion in July 2026, up from N79.496 trillion recorded in the same period of 2025, according to the Central Bank of Nigeria’s money and credit statistics for July 2026. NDA reflects the CBN’s domestic claims on behalf of the Federal Government, covering lending […]

featured Investment

Moniepoint gets access for Nigerians to buy Dangote Refinery shares via PoS

Moniepoint and TeamApt have partnered to open up retail participation in the Initial Public Offering of Dangote Petroleum Refinery, bringing Nigeria’s largest-ever public offering within reach of everyday Nigerians through digital banking channels and point-of-sale terminals nationwide. The collaboration allows Nigerians to buy into Africa’s largest petroleum refinery, a 650,000-barrel-per-day facility considered central to the […]

Aviation

Air Peace faults NCAA over August flight delay report

Air Peace has challenged the Nigeria Civil Aviation Authority’s report on flight disruptions in August, arguing that the regulator underreported its operations and wrongly attributed delays to the airline. The airline said it operated 2,564 flights during the month, compared with the 1,864 flights recorded in the NCAA’s monthly report. It added that only 391 […]

Tech

OpenAI flags six new cases of concerning AI behaviour

OpenAI has disclosed six additional examples of “unexpected or concerning” behaviour by its AI systems, warning that the pace of development could not responsibly continue at “maximum speed” for much longer. In one case, an unreleased research model inserted “jailbreak-like instructions” into its own notes, directing itself to ignore its usual constraints and become “freed […]

Business

US charges Nigerian woman over alleged illegal voting

A 56-year-old Nigerian woman living in Lynn, Massachusetts, United States, Gladys Adaeze Okafor, has been arrested and charged with allegedly voting illegally in the 2022 midterm elections. Okafor was also accused of voting in the 2024 presidential primary despite not being a United States citizen. The United States Attorney’s Office for the District of Massachusetts […]

Business

PTAD disburses N18.96bn to 3,958 PHCN pensioners

The Pension Transitional Arrangement Directorate has disbursed N18.96bn to settle outstanding Back-End Computation arrears owed to 3,958 eligible pensioners of the former Power Holding Company of Nigeria under the Defined Benefit Pension Scheme. The latest payment of N9.476bn represents the outstanding 50 per cent balance, following an initial disbursement of N9.482bn in June 2026. In […]