LASERC flags MTN, others over unlicensed electricity operations in Lagos
The Lagos State Electricity Regulatory Commission has identified 38 companies operating in Lagos State that have failed to obtain the required licences…
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Nigerian airlines record fastest domestic capacity expansion in Africa
Nigeria’s airlines recorded the fastest growth in domestic seat capacity across Africa in June 2026, with available seats increasing by 21.7 per…
Reps recover over ₦521m in unremitted VAT from CBN
The House of Representatives Public Accounts Committee has recovered ₦521,765,134.17 in unremitted Value Added Tax from the Central Bank of Nigeria following…
Labour drags FG to ILO over ‘violations of rights’
The Organised Labour has dragged the Federal Government before the International Labour Organisation accusing authorities at both federal and state levels of…
Court voids National Assembly’s ₦110bn vehicles, allowances spending
The Federal High Court sitting in Lagos has declared unlawful the National Assembly’s controversial N110 billion vehicle procurement and allowance schemes, ruling…
Musk nears trillionaire status through SpaceX IPO
Tech billionaire and Tesla Chief Executive Officer, Elon Musk, is on the verge of becoming the world’s first trillionaire, with his fortune…
Alleged ₦36m fraud: Court reserves ruling on Blessing CEO’s bail
The Economic and Financial Crimes Commission has disclosed that a Federal High Court sitting in Ikoyi, Lagos, has reserved ruling on the…
Sovereign Trust remits ₦1.5bn capital deposit to CBN
Sovereign Trust Insurance Plc has announced the successful remittance of a N1.5 billion statutory capital deposit to the Central Bank of Nigeria…
FG to repatriate over 1,000 Nigerians amid S’Africa tensions
The Federal Government has commenced plans to repatriate more than 1,000 Nigerians from South Africa following growing concerns over rising anti-immigrant sentiments…
Debt servicing exceeded 2025 budget by ₦1.9tn — Budget office
Fresh data released by the Budget Office of the Federation has revealed that the Federal Government’s debt repayments exceeded the allocation provided…
Tinubu’s reforms creating stable business environment — Jumia CEO
Chief Executive Officer of Jumia Group, Francis Dufay, has presented a positive assessment of Nigeria’s economic outlook, describing the country as a…
Kidnapping, terrorism in South-West purely business, says ex-minister
Former Minister of Communications, Tajudeen Olanrewaju, has described the ongoing wave of kidnapping and terrorism in the South-West as a profit-driven enterprise…