The Federal Government of Nigeria has acknowledged the recent assessment of the country’s economy by the International Monetary Fund IMF and says it remains committed to sustaining ongoing economic reforms under the administration’s policy direction. In a statement reflecting the government’s position, officials said the IMF review forms part of routine global economic surveillance and […]

Experts Warn Nigeria Risks Losing Fintech Wealth as Tech Firms Consider Foreign Stock Listings Financial experts have warned that Nigeria could lose significant fintech-driven wealth if major technology companies emerging from the country choose to list on foreign stock exchanges rather than the Nigerian capital market. The warning comes amid rapid expansion in Nigeria’s fintech […]

Gold Reef Villa Headlines Sponsorship of The Magnificent Comedy Show, Boosting Nigeria’s Creative Industry Leading real estate firm Gold Reef Villa Limited has emerged as the headline sponsor of this year’s edition of The Magnificent Comedy Show, in a move organisers say reinforces growing corporate support for Nigeria’s entertainment and creative industries. The annual comedy […]

Dismissed Federal Workers Appeal to Tinubu for Reinstatement, Cite National Assembly Resolutions and Years of Hardship Eight federal civil servants dismissed from service in 2022 have appealed to President Bola Ahmed Tinubu to intervene in their prolonged struggle for reinstatement, saying they have endured years of hardship despite resolutions by both chambers of the National […]

Marine Litter Threatens Nigeria’s Blue Economy as Experts Warn of Risks to Fisheries, Tourism and Maritime Trade Experts have raised concerns that increasing levels of marine litter, particularly plastic waste, are posing a serious threat to Nigeria’s blue economy, endangering key sectors such as fisheries, tourism, shipping and broader maritime trade. The warning comes amid […]

Blackberries, Strawberries and Blueberries Listed Among “Dirty Dozen” in 2026 Pesticide Guide Fresh produce including blackberries, strawberries and blueberries have been identified among the fruits most likely to contain pesticide residues, according to the 2026 Shoppers Guide to Pesticides in Produce, a widely referenced annual ranking of agricultural produce contamination levels. The report places these […]

MAN Warns Tariff Amendment Bill Could Trigger ₦2.8 Trillion Loss, Urges Balanced Tax Policy Approach The Manufacturers Association of Nigeria MAN has warned that a proposed tariff amendment bill, linked to sugar-related taxation reforms, could lead to losses of up to ₦2.8 trillion for the Nigerian economy if not carefully reviewed, urging the government to […]

Obi Questions Tinubu’s Rising Debt Profile, Demands Accountability as IMF Flags Risks Over New Borrowing Plan Former presidential candidate Peter Obi has challenged President Bola Ahmed Tinubu to provide a detailed explanation for Nigeria’s rapidly growing public debt, amid concerns over a proposed $5 billion external borrowing plan and warnings from the International Monetary Fund […]

Nigeria’s Airtime Credit Market Expands Amid Regulatory Uncertainty and Push for Clearer Rules Nigeria’s rapidly growing airtime and data credit market has emerged as a critical financial lifeline for millions of mobile subscribers, but the sector is facing increasing regulatory uncertainty as fintech innovation, legal disputes and overlapping oversight responsibilities reshape the industry. Valued at […]

Cooking Gas Price Surge Pushes Nigerian Households Back to Charcoal, Threatens Clean Energy Drive Nigeria’s campaign to promote cleaner cooking energy is facing a major setback as soaring prices of Liquefied Petroleum Gas LPG, commonly known as cooking gas, force many households to abandon gas and return to charcoal and other traditional fuels. A sharp […]

How Four Legacy Road Projects Could Transform Connectivity Across Nigeria’s Six Geopolitical ZonesThe Federal Government’s proposed “legacy road projects” are expected to significantly reshape Nigeria’s transport network by improving connectivity across all six geopolitical zones, linking major economic corridors and strengthening national integration. The initiative, which forms part of the broader infrastructure drive under the […]

Oyo Police Allegedly Link Insider to Adelabu Family Abduction, Probe Personal Assistant Over Kidnap Plot The Oyo State Police Command has alleged that a personal assistant attached to the family of former Minister of Power, Adebayo Adelabu, may have played a role in the abduction of his sister and her twin sons in Ibadan. The […]

Commonwealth Secretary-General Calls for Stronger Use of Shared Systems to Drive Trade and Investment Growth Commonwealth Secretary-General Shirley Ayorkor Botchwey has called on member states to better leverage their shared institutional systems, legal frameworks, and long-standing historical ties to boost investment, expand trade, and accelerate sustainable economic growth across the Commonwealth. Speaking at a recent […]

420 On Board As Four Die in Delta Train Derailment, Ministry Confirms Investigation Underway The Permanent Secretary of the Federal Ministry of Transport, Funsho Adebiyi, has confirmed that 420 passengers were on board a train involved in a deadly derailment in Delta State, as authorities launch a full investigation into the incident. The crash, which […]

Edo Police Uncover ₦50m Staged Kidnapping Scam, Arrest Four Suspects The Edo State Police Command has uncovered a staged kidnapping scheme in which a woman allegedly faked her own abduction in an attempt to extort ₦50 million from her family, with four suspects arrested in connection with the plot. The case, which initially appeared to […]

INEC Website Infraction Sparks Electoral Integrity Concerns, Fuels Debate on Cybersecurity and Electoral Reform Concerns have been raised over Nigeria’s electoral integrity following reports of an infraction involving the Independent National Electoral Commission INEC website and associated digital systems, triggering renewed national debate on cybersecurity, transparency, and the need for electoral reforms ahead of future […]

Troops Neutralize Terrorist, Arrest Suspects and Recover Motorcycles in Zamfara Operations Nigerian troops have neutralized a terrorist, arrested several suspected collaborators, and recovered multiple motorcycles during coordinated military operations across parts of Zamfara State. The operations were carried out under ongoing counter-insurgency efforts in the North-West, aimed at dismantling armed bandit networks and restoring security […]

President Tinubu Swears in Minister of Power and Minister of State for Foreign Affairs President Bola Ahmed Tinubu has sworn in a new Minister of Power and a Minister of State for Foreign Affairs at the Presidential Villa in Abuja, as part of ongoing efforts to strengthen his administration’s governance and policy delivery under the […]

Ogun Police Dismiss Banditry Claims, Confirm Soldier Killed in Magbon Etido Dredging Site Attack The Ogun State Police Command has dismissed reports linking a violent incident at a private dredging site in Magbon Etido, Mowe, to banditry, confirming instead that the attack was an isolated criminal operation in which a soldier was killed and another […]

Security Experts Warn Terror Networks Are Shifting Into West Africa as Nigeria-U.S. Partnership Expands Security analysts are warning that extremist groups are increasingly shifting their operations across West Africa and the Sahel, exploiting political instability, weak border controls, and ungoverned territories as regional governments struggle to contain a rapidly evolving terrorist threat. Recent developments have […]

FG Approves Payment of Verified Debts to Over 1,240 Contractors Nationwide The Federal Government has approved the payment of verified debts owed to more than 1,240 contractors across the country in a move aimed at easing financial pressures on businesses, stimulating economic activity, and accelerating the completion of critical infrastructure projects. The approval follows a […]

Troops of Operation Enduring Peace Foil Multiple Kidnapping Attempts, Rescue Victims in Plateau and Kaduna Troops of Operation Enduring Peace have successfully foiled multiple kidnapping attempts and rescued several victims during coordinated security operations across Plateau State and Kaduna State, in a major boost to ongoing efforts to combat insecurity and protect lives. According to […]

Nigeria, Denmark Deepen Livestock Cooperation to Boost Food Security and Animal Health The Governments of Nigeria and Denmark have strengthened their partnership in the livestock sector as part of efforts to enhance food security, improve animal health, and promote sustainable agricultural development. The renewed cooperation was highlighted during bilateral engagements between officials of both countries, […]

Nigeria, South Korea Strengthen Economic Partnership at Korea-Africa Meeting The FedNigeria, South Korea Strengthen Economic Partnership at Korea-Africa Meetingeral Government of Nigeria and the Government of South Korea have reaffirmed their commitment to deepening bilateral economic cooperation following high-level engagements at the Korea-Africa Summit. The discussions focused on expanding trade and investment opportunities, enhancing industrial […]