business
Dangote Refinery Recalls Sacked Staff After 6-Month Exile; Management Issues ‘Zero-Tolerance’ Warning Over Misconduct as 650,000bpd Plant Hits New Milestone The management of Dangote Petroleum Refinery has opened a path for reconciliation by recalling the Nigerian engineers who were caught in the crossfire of the 2025 PENGASSAN industrial crisis. The refinery confirmed that it has […]
Tinubu Hands Over Electricity Reins to Economic Guru Joseph Tegbe; Former KPMG Boss Set to Replace Adelabu Following Minister’s Resignation for Oyo Gov Race In a major move to inject “professional horsepower” into Nigeria’s struggling energy sector, President Bola Ahmed Tinubu has tapped fiscal expert Joseph Olasunkanmi Tegbe to lead the Ministry of Power. The […]
EFCC Re-arraigns Bauchi Accountant General and BDC Boss Over ₦1.6bn Fraud; Justice Egwuatu Orders Trial to Proceed as Defendants Plead Not Guilty The Federal High Court in Abuja has become the focal point of a high-stakes anti-corruption battle as the Economic and Financial Crimes Commission (EFCC) re-arraigned the Bauchi State Accountant General, Sirajo Jaja, over […]
Nigeria’s Public Debt Jumps by ₦14.6tn in One Year as Domestic Borrowing Hits ₦84bn; World Bank Exposure Peaks at $18.3bn Amid Naira Fluctuations Nigeria’s fiscal landscape is facing renewed scrutiny as the latest figures from the Debt Management Office (DMO) reveal that the nation’s total public debt stock has climbed to a staggering ₦159.28 trillion […]
Tinubu Tasks New Envoys to Aggressively Chase Foreign Investment and Protect Diaspora; Reorders ‘4D Doctrine’ to Put Nigerians at the Heart of Diplomacy The Federal Government has officially launched a new era of proactive diplomacy, charging Nigeria’s newly appointed ambassadors to become aggressive “salesmen” for the country’s economic potential. During the opening of a three-day […]
TUC Demands 50% Tax Cut as Fuel Hits ₦2,000/Litre; Labor Boss Warns Workers Can No Longer Afford to Trek to Work The Trade Union Congress (TUC) has declared a “state of emergency” on the Nigerian worker’s wallet, demanding a radical 50% reduction in taxes to cushion the blow of the latest fuel price hike. Addressing […]
Canada Greenlights $4 Billion Enbridge Pipeline Expansion in B.C.; Landmark Project Set to Fuel Global LNG Exports and Add $3 Billion to National GDP The Canadian government has formally approved a multi-billion dollar expansion of Enbridge Inc.’s natural gas pipeline network, signaling a decisive move to bolster the nation’s standing as a global energy superpower. […]
FG Approves Huge Allowance Hikes and ₦10bn Housing Loan; Civil Servants to Get 100% Training Bonus and Massive Cash Exit Package Upon Retirement The Federal Government has moved to significantly improve the financial standing of its workforce with the approval of a comprehensive welfare package designed to boost morale and productivity across the public service. […]
MTN to Automatically Credit Millions of Subscribers Following NCC Ultimatum; Telecom Giant Commits to 12,000 Site Upgrades to Combat Persistent Network Failure MTN Nigeria has officially bowed to regulatory pressure, announcing a comprehensive compensation package for subscribers affected by the persistent network outages that plagued the country between late 2025 and early 2026. The announcement, […]
Tinubu and Senate Chiefs Reach ‘Far-Reaching’ Deals on National Security and Economy; Akpabio Leads Power Bloc to Presidential Villa Following Secret Senate Session In a significant move to bridge the gap between executive policy and legislative oversight, President Bola Ahmed Tinubu held an emergency, late-night consultative meeting with the leadership of the Senate. The strategic […]
FRSC Records 100% Conviction Rate in Ogun Mobile Court; 25 Motorists Penalized for Speeding, Overloading, and License Infractions The Federal Road Safety Corps (FRSC), Ogun State Sector Command, has intensified its enforcement of road traffic regulations, recording a total conviction of all motorists brought before its mobile court on Wednesday. The session, held in Abeokuta, […]
President Tinubu Pledges Deeper Nigeria-UK Aviation Ties as British Airways Marks 90 Years; High Commissioner Cites Major New Deals for Lagos Port Rehabilitation President Bola Ahmed Tinubu has restated his administration’s resolve to deepen economic cooperation with the United Kingdom, identifying the aviation sector as a cornerstone for shared prosperity. Speaking on today, April 22, […]
Tinubu Sacks Finance Minister Wale Edun and Housing’s Ahmed Dangiwa; Taiwo Oyedele Takes Over Economy as President Demands ‘Impactful Delivery’ In a decisive move to reinvigorate his administration’s economic machinery, President Bola Ahmed Tinubu on Tuesday approved a minor cabinet reshuffle, resulting in the removal of two high-profile ministers. The dismissals of Wale Edun, who […]
Lawyers Without Borders Blasts CAC Over ‘Cover-Up’ of Massive Data Breach; Exposes Compromise of Signatures and Passports as NDPC Launches Investigation The reality of Nigeria’s digital infrastructure has been laid bare as Lawyers Without Borders (ASF France) publicly challenged the Corporate Affairs Commission over its handling of a severe cyberattack. Today, April 21, 2026, the […]
FG Rejects IMF’s $50bn Emergency Fund; Finance Minister Wale Edun Vows No New Loans as Nigeria Relies on Domestic Reforms to Survive Global Oil Price Shocks Nigeria has “flipped the script” on its traditional reliance on external lenders, with the Federal Government formally declining to tap into a new $50 billion IMF support pot. On […]
Airtel Joins MTN in Suspending Airtime and Data Loans; Telcos Scramble to Meet FCCPC Deadline as Regulator Denies ‘Ban’ and Blames Operators for Service Pause The reality of Nigeria’s new financial regulations has claimed its second major victim in as many days. Today, Airtel Nigeria “flipped the script” on its millions of prepaid subscribers by […]
MTN Suspends Airtime and Data Loans Following FCCPC’s New ‘DEON’ Lending Rules; Millions of Subscribers Left Without ‘Borrow Me’ Option as Telco Scrambles for New License The “Drill or Drop” era of digital lending has officially hit the telecommunications sector, leaving millions of MTN subscribers “hanging” without their favorite emergency credit service. MTN Nigeria announced […]
IG, Bisi Fayemi, and Monarchs Raise ₦6.2 Million to Rescue 57 Women from ‘Money Woman’ Debt Bondage; Cross River Tradition Officially Abolished in Landmark Human Rights Move The “Drill or Drop” era for harmful traditional practices in Nigeria reached a historic turning point today, April 16, 2026, as a high-powered alliance “flipped the script” on […]
FG and Southfield Petroleum Launch 200 Million SCFD Gas Plant in Delta to End Supply Gaps; Project Set to Create 1,200 Jobs and Slash Cooking Gas Costs The Federal Government has “flipped the script” on Nigeria’s energy crisis by moving to unlock the massive gas reserves in the Niger Delta. The Minister of State for […]
Tinubu Blames 100-Year-Old Tax System for Nigeria’s Poverty; Vows New 2026 Reforms Will ‘Liberate’ Economy and End Multiple Taxation President Bola Tinubu has “flipped the script” on Nigeria’s economic struggles, pinning the blame for widespread poverty on a “weak and fragmented” tax system inherited from the colonial era. Speaking on Today, at the unveiling of […]