States Pile Up N458bn Loans Despite Higher Federal Allocations
At least 20 states borrowed a combined N458bn in the first half of 2025, even though federal allocations to them
University Press Bounces Back, Posts ₦450m Profit After Losses
University Press Plc has made a strong comeback, posting a profit of ₦450.6m in the 2024/2025 financial year after recording
FG Halts Controversial 4% Customs Levy After Backlash
The Federal Government has suspended the planned four per cent Free on Board levy on imported goods, following widespread outcry
NUPENG Suspends Strike After Dangote Refinery Agrees to Unionisation
The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has called off its two-day strike after reaching an agreement
NUPENG Accuses Dangote of Plot to Monopolise Oil Distribution
The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has accused billionaire Aliko Dangote and his cousin, Sayyu Dantata,
ECOWAS to Launch 260,000-Troop Counter-Terrorism Force
The Economic Community of West African States (ECOWAS) has unveiled plans to establish a 260,000-strong rapid deployment counter-terrorism brigade, with
NLC Threatens Nationwide Strike Over Alleged Diversion of Workers’ Insurance Funds
The Nigeria Labour Congress (NLC) has issued a seven-day ultimatum to the Federal Government, demanding the refund of billions of
FG Launches Electronic Fiscal System to Boost Tax Transparency
The Federal Government has officially rolled out the national Electronic Fiscal System (EFS) to modernise Nigeria’s tax administration, curb evasion,
Petrol Price May Climb to N900/Litre as Crude Oil Prices Stay High
The price of petrol in Nigeria could rise to as high as N900 per litre this week if global crude
Power Firms Warn of Collapse as Debts Mount to N5.2tn
Nigeria’s power generation companies (GenCos) have issued a dire warning, stating that their long-standing patriotism can no longer sustain operations