LASERC Flags 38 Firms Over Unregularised Power Licences
The Lagos State Electricity Regulatory Commission (LASERC) has identified 38 companies operating power generation and distribution facilities across the state that have yet to apply...
Author : Alake Uri
CBN Remits N521.77m VAT Following Reps Revenue Leakage Probe
The House of Representatives Public Accounts Committee has recovered N521.77 million in unremitted Value Added Tax (VAT) from the Central Bank of Nigeria (CBN), following...
FG Tightens Spending Controls, Cuts Imprest Limits for Public Officials
The Federal Government has introduced stricter financial control measures across Ministries, Departments and Agencies (MDAs), setting new limits on reimbursable imprest to promote accountability and...
Nigeria Leads Africa’s Aviation Growth with 21.7% Capacity Surge
Nigeria’s aviation sector is now Africa’s fastest-growing domestic market, posting a 21.7% year-on-year increase in seat capacity for June 2026. According to OAG data, this...
Liquidity Squeeze: CBN Absorbs N3.04 Trillion as Demand for Long-Dated Bills Soars
The Central Bank of Nigeria (CBN) executed a massive liquidity mop-up on June 5, 2026, withdrawing N3.04 trillion from the banking system via Open Market...
SON Warns Businesses, Public Against N8.5m Contract Scam Using DG’s Identity
The Standards Organisation of Nigeria (SON) has alerted businesses and members of the public to a fraudulent scheme in which scammers are impersonating its Director-General...
Kidnap of Retired General Highlights Growing Security Risks for Economic Activities in Katsina
The abduction of retired Major General Rabe Abubakar, a former Director of Defence Information, and his wife has once again drawn attention to the security...
Police Rescue Adelabu’s Sister, Children as Security Forces Crack Down on Kidnapping Gang
Operatives of the Nigeria Police Force have rescued Mrs. Olaide Busayo Adegoke John-Paul and her 12-year-old twin sons during a late-night operation, underscoring ongoing efforts...
Security Concerns Force MFM to Scale Back Night Services Nationwide
The Mountain of Fire and Miracles Ministries (MFM) has suspended vigils and other late-night church activities across its branches nationwide, citing growing security concerns and...
Ukraine Signals Potential Peace Push as Zelensky Invites Putin to Direct Talks, Markets Watch Geopolitical Risk
Ukraine’s President Volodymyr Zelensky has invited Russian President Vladimir Putin to a face-to-face meeting aimed at exploring pathways to end the ongoing war, marking a...