FG Clears N700bn Contractor Debt, Prioritises Small Businesses
The Federal Ministry of Finance says it has processed more than N700 billion in verified debts owed to local contractors, with firms holding claims of...
Author : Alake Uri
Ramaphosa Pledges Crackdown on Xenophobic Violence Amid Investor Confidence Concerns
South African President, Cyril Ramaphosa, has vowed a tougher government response to groups behind recent xenophobic violence, as renewed anti-immigrant protests raise concerns over the...
Bayelsa’s Karibi-George emerges Miss World Nigeria 2026
Tamunosoye Karibi-George, representing Bayelsa State, has been crowned Miss World Nigeria 2026. The 26-year-old, from Port Harcourt, Rivers State, emerged winner among 20 finalists in...
Air Peace Set for Multi-Flight Evacuation Deal as Nigeria Repatriates Citizens from South Africa Crisis
The Federal Government has approved five evacuation flight operated by Air Peace Air Peace to repatriate Nigerians from South Africa following renewed xenophobic tensions. More...
Nigeria Faces ILO Scrutiny Over Labour Rights, Union Tensions Escalate
Nigeria is facing renewed international scrutiny over its labour environment as the Nigeria Labour Congress (NLC) accused the Federal Government of repeated violations of workers’...
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...
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...