The Federal Government earned a total of ₦21.22 trillion from five major revenue-generating agencies in the first half of 2025, according to submissions to the Federation Accounts Allocation Committee (FAAC). The agencies that contributed to the earnings include the Federal Inland Revenue Service (FIRS), Nigeria Customs Service (NCS), Nigerian Upstream Petroleum Regulatory Commission (NUPRC), the […]
The Nigeria Labour Congress (NLC) on Tuesday announced the immediate dissolution of its Edo State Administrative Council and ordered the freezing of all accounts operated by the council, citing constitutional provisions. The development follows recent moves by the national leadership of the NLC, which dissolved the Edo State council and appointed Prof. Lewis Igbafen, Benin […]
The Nigerian stock market experienced a significant downturn on Tuesday, with the equities market recording a loss of N1.33 trillion due to widespread sell-offs. Major stocks such as Dangote Cement, RT Briscoe, Royal Exchange, Jaiz Bank, and WAPIC Insurance led the decline. The market capitalization of listed equities dropped by 1.46% to close […]
The National Sports Commission (NSC) has reaffirmed its commitment to providing equal opportunities for the development of all sports across Nigeria. Chairman of the Commission, Shehu Dikko, represented by his Chief of Staff, Salihu Abubakar, gave the assurance on Tuesday while receiving a delegation from the Japan African Baseball and Softball Foundation (J-ABS) in Abuja. […]
The Federal Ministry of Budget and Economic Planning, in partnership with the Nigerian Economic Summit Group (NESG), has unveiled plans for the 31st Nigerian Economic Summit (NES #31), scheduled to hold in Abuja from October 6 to 8, 2025. Themed “The Reform Imperative: Building a Prosperous and Inclusive Nigeria by 2030,” the summit will focus […]
Jaiz Bank Plc,Nigeria’s pioneer non-interest financial institution, has unveiled plans to raise its capital base to ₦150 billion, even after successfully meeting the Central Bank of Nigeria’s (CBN) recapitalisation threshold ahead of schedule. The move comes on the heels of the apex bank’s directive for all banks to strengthen their capital bases by March 31, […]
The Nigerian National Petroleum Company Limited (NNPC Ltd.), in collaboration with Sahara Group, has taken delivery of a new 40,000 cubic-metre Liquefied Petroleum Gas (LPG) carrier in Ulsan, South Korea, marking a major step in Nigeria’s efforts to expand access to cleaner energy and strengthen its position in the regional LPG market. The vessel, named […]
The simmering tussle over supremacy between two of Yorubaland’s most revered monarchs has taken a new dimension as a constitutional lawyer has debunked claims that the Supreme Court ever conferred supremacy rights on the Alaafin of Oyo. The row was triggered after the Ooni of Ife, Oba Adeyeye Enitan Ogunwusi Ojaja II, bestowed the chieftaincy […]
A senior traditional titleholder in Ogun State, High Chief Olakunle, the Asiwaju of Orile Imo, has rejected his recent suspension by community leaders, describing the action as illegal, unjust, and detrimental to peace in the area. He has also appealed to Governor Dapo Abiodun to intervene in the matter. In a statement addressing the controversy, […]
Former Labour Party presidential candidate Peter Obi has strongly condemned the brutal assault on a female National Youth Service Corps member, Jennifer Elobor, by operatives of the Anambra State Vigilante Group. The incident, captured on video, shows Elobor being beaten and stripped naked by the vigilantes, sparking widespread outrage. Describing the incident as […]
