Business

Fed Govt Teams Up with UNDP to Supercharge ‘Made-in-Nigeria’ Drive and Boost Women’s Role in Power The Federal Government has moved to “flip the script” on its economic recovery strategy, seeking a high-powered collaboration with the United Nations Development Programme (UNDP) to turn policy reforms into actual factory jobs and full plates for Nigerians. On […]

CBN Chief Cardoso Declares Victory as 30 Banks Hit Recapitalization Targets and Reserves Surge to $34.8bn Central Bank Governor Olayemi Cardoso has delivered a bold vote of confidence in Nigeria’s economic future, declaring on Thursday, March 12, 2026, that the country’s aggressive banking and monetary reforms have finally “restored pride” in the naira. Delivering a […]

Despite ₦240bn Budget Boost, Experts Warn $3.4bn Modernisation Project Faces ‘Stalling’ Risks from Vandalism and Debt Nigeria’s ambitious dream of a high-speed, nationwide rail network is at a critical crossroads. On Wednesday, March 11, 2026, fresh reports emerged detailing both the “Renewed Hope” for the sector and the “recurring afflictions” that threaten to derail it. […]

Tinubu Asks Senate to Fast-Track ‘Tax Tsar’ Oyedele as Finance Minister and Magnus Abe as NUPRC Chief in Major Mid-Term Reset President Bola Tinubu has signaled a decisive shift in his administration’s economic and energy strategy, officially asking the Senate on Tuesday, March 10, 2026, to confirm a new “Dream Team” of technocrats. At the […]

Sanwo-Olu Inaugurates LASERC Board with 24-Hour Power Mandate; Charges ‘Tax Tsar’ Team to Ignite Lagos’ Round-the-Clock Economy Lagos State has officially taken the “driver’s seat” in its journey toward energy independence. On Monday, March 9, 2026, Governor Babajide Sanwo-Olu formally inaugurated the board of the Lagos State Electricity Regulatory Commission (LASERC), handing them a clear […]

Tinubu Meets ‘Tax Tsar’ Taiwo Oyedele at State House; Briefs Finance Minister-Designate on Mission to Fix Nigeria’s Revenue Crisis The architect of Nigeria’s most ambitious tax overhaul is moving from the advisory board to the frontlines of the economy. On Monday, March 9, 2026, President Bola Tinubu held a crucial strategic meeting at the State […]

Dangote Refinery Hikes Petrol to ₦995 as U.S.-Iran War Sends Crude Costs Sky-High; Pump Prices May Hit ₦1,100 by Monday Nigeria’s hope for cheap domestic fuel took another massive hit on Friday, March 6, 2026, as the Dangote Petroleum Refinery announced its second major price hike in a single week. The refinery’s gantry price for […]

Reps Greenlight Nigeria’s First Climate Bank to Funnel Massive Private Investment into Renewable Energy and Green Jobs Nigeria is preparing to launch its most ambitious financial tool yet in the fight against climate change. On Wednesday, March 4, the House of Representatives threw its weight behind the creation of a specialized Green and Climate Finance […]

Finance Minister Wale Edun Confirms 9.1 Million Homes Now Receiving Cash Transfers as 1 Million More Join the Queue Nigeria’s massive social welfare experiment is finally hitting its stride. On Monday, February 23, the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, revealed that the Federal Government has successfully bypassed traditional bureaucracy […]

Tinubu Blocks ₦2tn NNPCL Fees With New Executive Order, Directs All Oil Cash Straight to Federation Account President Bola Tinubu has pulled the plug on the Nigerian National Petroleum Company Limited’s (NNPCL) multi-trillion naira “auto-deduction” system. In what is being described as the most aggressive fiscal reform of his presidency, a new Executive Order has […]

Former NUT Boss turned Governor Reintroduces House and Car Loans to Make Kebbi Teachers “Big Boys” Again In a move that has sent ripples of excitement through staff rooms across the state, Kebbi Governor Nasir Idris has officially brought back the “glory days” for educators. On Tuesday, the state government announced the reintroduction of a […]