Tuesday, 21 July, 2026

Category: Business


President Bola Tinubu on Thursday declined assent to two bills passed by the National Assembly, citing constitutional concerns and defects that require correction before the proposed legislation can become law. The Senate was notified of the President’s decision through two Read more…


The Senate on Wednesday approved the 2026 budget proposal of the Nigerian Customs Service, endorsing a revenue target of N11.074tn and an expenditure estimate of N1.295tn for the 2026 fiscal year. The approval followed the consideration and adoption of the Read more…


Commotion enveloped the House of Representatives plenary yesterday as lawmakers clashed over a motion seeking to summon President Bola Tinubu to explain delays in the implementation of the 2025 Appropriation Act. The motion which was predicated upon the inability of the Read more…


The Senate instead mandated its Committee on Foreign Affairs to investigate the attacks on Nigerians in South Africa and report back in two weeks. The Senate on Tuesday rejected calls by some of its members to nationalise South African companies Read more…


Iran’s Revolutionary Guards fired at least two missiles at commercial ships transiting through the Strait of Hormuz on Monday night, Axios reported, citing two U.S. officials. Two commercial ‌ships suffered significant damage but had no casualties, the report said, citing Read more…


President Bola Tinubu, yesterday, directed Federal Competition and Consumer Protection Commission (FCCPC) to investigate major global technology companies and Generative Artificial Intelligence (AI) platforms over allegations of anti-competitive practices and the exploitation of content belonging to Nigerian media organisations.  The Read more…


United Bank for Africa (UBA) has announced the retirement of its Group Chairman, Tony Elumelu, with effect from August 21, 2026, after completing the 12-year tenure limit for non-executive directors stipulated by the Central Bank of Nigeria. The bank also Read more…


‎‎From Ifeoma Ejiofor‎‎The Anambra State Government has unveiled a comprehensive reform agenda aimed at strengthening cooperative societies across the state, positioning them to access government intervention funds, development financing, and international grants.‎‎The announcement was made during the 2026 International Cooperative Read more…


The Senate on Sunday said the proposed State Police Bill contains constitutional safeguards that would allow the federal police to intervene in cases of electoral intimidation, serious human rights violations and threats to national security, dismissing concerns that governors could Read more…


Dangote Petroleum Refinery exported about 466,000 metric tonnes of jet fuel to Europe in June, valued at an estimated N757bn, overtaking shipments from the United States and others. This is as Nigerian jet fuel exports to the continent reached their Read more…


Relying on letters from Mr Adeyemi, the OSGF and OAGF processed requests for an office space and CBN accounts for his non-existent agency. A trail of correspondence between top government agencies and the disowned Director-General of the non-existent Presidential Foreign Read more…


Presidential candidate of the Nigeria Democratic Congress, NDC, Mr Peter Obi, has accused the administration of President Bola Tinubu of presiding over what he described as “grand corruption,” citing an alleged N8.83 trillion in unbudgeted expenditure highlighted in a recent Read more…