President Bola Tinubu herald the New Year with a bold declaration that 2026 ushers in a “more robust phase of economic growth” for Nigeria, spotlighting record GDP expansion, tamed inflation, booming stocks, and relentless security offensives against terrorists. In his New Read more…
Members of the Rivers State House of Assembly have returned a N100,000 cash gift from the state governor, Sim Fubara. The money was transferred to their personal accounts on the instructions of Fubara. This was disclosed in a statement signed Read more…
Former presidential candidate of the Labour Party (LP), Mr. Peter Obi, has expressed sorrow over the devastating fire that gutted the Great Nigeria Insurance (GNI) House, Balogun Market, Lagos Island. The building was gutted by fire on December 24 while the Read more…
Billionaire investor, Femi Otedola, has exited Geregu Power Plc in a key $750 million transaction that sees him divest his 77 per cent controlling stake in the power generation company, marking one of the biggest private-sector exits in Nigeria’s electricity industry. Read more…
From Ijeoma John, Nnewi Nnewi-born Industrialist, Chief Louis Onwugbenu (Okpata Ozuora Nnewi) has once again put smiles on the faces of millions of children through his foundation, Louis Carter Foundation. The annual event, which took place on Sunday, December 28, Read more…
From Ifeoma Ejiofor Anambra State governor, Prof Charles Soludo has signed the 2026 Appropriation Bill into law, alongside three other bills. The signing ceremony held at the Light House in Awka. The 2026 Appropriation Law, saw its budget increased from Read more…
More pain awaits Nigerians, as the Chairman and Chief Executive Officer of Air Peace, Allen Onyema, has warned that the country’s domestic aviation industry is heading for a major crisis if newly introduced tax laws are implemented from January 1, Read more…
The chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele, has reaffirmed that the implementation of the new tax reforms will commence on January 1, 2026. Oyedele assured that the reforms under the new tax laws are Read more…
The Nigeria Labour Congress, NLC, has called on Nigerians to reject what it called distorted or falsified tax law, stressing the importance of inclusivity and fairness in the formulation of fiscal policies. The NLC emphasised that laws affecting workers must Read more…
The National Counter Terrorism Centre (NCTC) said investigations into kidnapping and terrorism-related cases have shown that ransom payments are routed through POS terminals. The National Counter Terrorism Centre (NCTC), under the Office of the National Security Adviser (ONSA), said point-of-sale Read more…
In a major fiscal reset aimed at addressing revenue shortfalls, weak capital execution and overlapping budget cycles, the National Assembly on Tuesday approved a revised N43.5tn 2024 Appropriation Act and a reworked N48.3tn 2025 budget framework, with the 2025 fiscal year Read more…
The Director-General of the World Trade Organisation (WTO), Dr (Mrs) Ngozi Okonjo-Iweala, has officially commissioned the first batch of 20 electric buses purchased by the Abia State Government for its green shuttle services across the state. Commissioning the buses, in Umuahia, Read more…