Category: featured

Nationwide blackout looms as national grid suffers fresh decline

Nigeria’s national grid has recorded another decline in power generation, worsening electricity supply across the...

Naira holds steady at ₦1,385/$ in March’s first trading week

The Naira maintained a stable yet slightly softened position against the United States Dollar as...

Textile sector GDP falls to ₦4.384trn in 2025

Nigeria’s cotton, textile, and garment industry experienced a continued downward trend in 2025. The sector’s...

12 states have enacted tax harmonisation law — Oyedele

At least 12 states in Nigeria have enacted the tax harmonisation law, which is regarded...

Liquidity tightens as CBN withdraws N13.41tn from financial system

The Central Bank of Nigeria pulled N13.41 trillion from the financial system in January 2026,...

Tinubu suspends airport cashless toll system over gridlock crisis

President Bola Tinubu has suspended the cashless payment system at airport toll gates nationwide due...

Airtel, MTN back ₦70,000 4G phones to bring Nigerians online

A coalition of Africa’s largest mobile operators plans to pilot entry-level 4G smartphones in Nigeria...

Alibaba offers $1.5m grants to African entrepreneurs

Alibaba Philanthropy and the Jack Ma Foundation have announced $1.5 million in grants for African...

Cooking gas price jumps ₦100/kg amid Middle East crisis

Depot owners across Nigeria have raised the price of liquefied petroleum gas, commonly known as...

Nigeria’s VAT revenue hit ₦2.28trn in Q3 2025 – NBS

Nigeria’s Value Added Tax collections reached N2.28 trillion in the third quarter of 2025, according...

Electricity workers threaten strike over unresolved anti-labour grievances

The National Union of Electricity Employees has intensified mobilisation of its members nationwide for a...

Defunct Heritage Bank depositors beg Tinubu, Cardoso for full refund

Depositors of the defunct Heritage Bank, whose funds remain trapped following the institution’s liquidation, have...