ITF commits ₦700m to certify over 7,000 artisans
The Industrial Training Fund says it has committed over N700 million to the international certification of more than 7,000 Nigerian artisans under…
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States receive ₦435bn from new FAAC infrastructure, security funds
State governments are receiving billions of naira through a relatively new Federation Account Allocation Committee intervention for infrastructure and security, with available…
I earn ₦503,000 monthly, permanent secretaries get ₦900,000 — Delta gov
Delta State Governor, Sheriff Oborevwori, has said his monthly salary is N503,000, lower than the N900,000 earned by Permanent Secretaries in the…
Tony Elumelu’s Heirs Holdings stake in Seplat crosses $1bn
Seplat Energy Plc, Nigeria’s leading indigenous energy company, has seen its market capitalisation rise to $5.24 billion, pushing the value of the…
NAICOM revokes Universal Insurance licence, N7.128bn recapitalisation in doubt
Universal Insurance Plc’s N7.128bn recapitalisation plan has been thrown into uncertainty following the National Insurance Commission’s revocation of the insurer’s operating licence…
FG reveals ₦15.8tn gains from subsidy, FX reforms
The administration of President Bola Ahmed Tinubu has released a comprehensive “Reform Scorecard,” detailing the economic trajectory of Nigeria three years into…
US tightens green card screening with new public charge rules
The United States government is changing how immigration officers assess whether certain green card applicants are likely to become dependent on government…
Federal, states, LGs share ₦3.007trn July FAAC
The three tiers of government have shared N3.007 trillion as July 2026 revenue. The revenue was shared at the Federation Account Allocation…
NAICOM revokes universal insurance licence over capital shortfall
The National Insurance Commission has revoked the license of Universal Insurance Plc and appointed a receiver/provisional liquidator to commence the process of…
NPERA begins operations as new port regulator
The Nigeria Ports Economic Regulatory Agency has formally commenced operations, ushering in a new era of economic regulation designed to make Nigeria’s…
Tinubu’s reforms pushed FAAC to ₦2trn monthly, from ₦300bn — Oyedele
Minister of Finance and Coordinating Minister of the Economy, Prof. Taiwo Oyedele, says the Federal Government’s economic reforms have pushed the monthly…
FG eyes 6,000MW power generation, wheeling capacity before December
The Federal Government has set a target of generating and wheeling 6,000 megawatts of electricity before December, the Minister of Power, Joseph…