Fire razes textile shops in Lagos
Textile material shops were destroyed in a fire outbreak in Lagos after a three-storey commercial building housing the items was gutted by…
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NRS takes over mineral royalty collection nationwide
The Nigeria Revenue Service has assumed responsibility for collecting mineral royalties from mining operators nationwide following the implementation of the Nigeria Tax…
Iran shoots down US fighter jet, rescue mission begins
A United States fighter jet has been shot down over Iran and a search-and-rescue operation is underway for any survivors, two U.S.…
Flutterwave secures Nigerian banking license in bold expansion move
Flutterwave, Africa’s leading payments technology company, has secured a Nigerian banking license, enabling it to hold funds and deposits directly and strengthening…
ECOWAS Bank approves $100m for Nigeria’s Lagos–Calabar coastal highway
The ECOWAS Bank for Investment and Development has sanctioned $266.7 million for key development projects across West Africa, including a $100 million…
Account for ₦158trn foreign loans, SDP queries Tinubu
The Social Democratic Party has called on the administration of President Bola Ahmed Tinubu to provide a detailed account of over ₦158…
Nigeria, 39 other nations meet over Hormuz Strait crisis
With pressure growing over the closure of the Strait of Hormuz by Iran, 40 countries, including Nigeria, on Thursday held a virtual…
World Bank approves $500m to boost Nigerian agric sector
The World Bank has approved a $500 million International Development Association credit to boost Nigeria’s agricultural sector under a new programme targeting…
Flutterwave secures banking licence, set to rival traditional lenders
Nigerian fintech giant Flutterwave has secured a microfinance bank licence from the Central Bank of Nigeria, a move that authorises it to…
States intensify borrowing despite 161% surge in FAAC allocations
States across Nigeria are ramping up borrowing despite a surge in allocations from the Federation Account Allocation Committee, which has risen by…
Lagos rents hit fourth highest across African cities
Nigeria, Africa’s largest economy, Lagos State, has been ranked among the most expensive rental markets on the continent, as house rents in…
Rivers extends personal income tax filing deadline to April 17
Rivers State Internal Revenue Service, RIRS, has extended the deadline for filing annual personal income tax returns to April 17, 2026. This…