Aunty Esther Loses Cancer Battle, People Lady Mourns
Nigerian social media mourns as Aunty Esther loses her fight with cancer. People Lady pens emotional tribute, recalling her relentless hustle. Read the full story.
Category : Search result: oil revenue loss
Kano Bans Cash Tax Payments from January 2026
Kano State will enforce digital-only tax payments from 2026 to curb revenue leakages. Experts urge public embrace of reforms for economic growth. Learn more.
Nigerian Lady Seeks Help for Blind Twin Sister
A Nigerian chef appeals for help as her twin sister loses her sight. Fearing depression, she shares a heartfelt video online, sparking an outpouring of support and medical advice from netizens.
Nigeria's Oil Revenue Falls 64% Short of Target in Q1 2025
The Federal Government's Q1 2025 budget report reveals a massive N8.21 trillion shortfall in oil revenue and a N3.04 trillion fiscal deficit. Discover the key figures and causes behind this critical shortfall.
Tin Can Customs Revenue Hits N1.57tr, Exceeds Target
Tin Can Island Port Customs generated N1.57 trillion, exceeding its annual target by N51.8 billion, driven by a surge in used vehicle imports. Read the full report on the revenue feat.
Woman Gives Birth 11 Days After Husband's Death
A Nigerian woman shares her heartbreaking story of losing her husband while heavily pregnant and giving birth just 11 days later. Read her emotional tribute and the supportive reactions from netizens.
Suleja Hotel Owner Saved from Harm After Devastating Fire
A devastating fire destroyed the popular Abagbo Garden and Hotel in Suleja, Niger State. Owner Sunday Agbo, facing massive losses, was prevented from self-harm by neighbours. Read the full story of the tragedy and community intervention.
FIRS Hits ₦22.59tn Revenue, New Tax Laws Reshape System
Nigeria's FIRS closes 2025 with a record ₦22.59tn collection, driven by landmark tax reforms and technology. Discover how new laws and digital systems are redefining revenue generation for 2026.
Fire Destroys Sabuwar Lale Furniture Market in Kano
A devastating fire has razed the Sabuwar Lale furniture market in Kano, destroying dozens of shops and goods worth millions of naira. Traders are counting losses and pleading for government assistance. Read the full report.
Drake loses N296m bet on Jake Paul vs Joshua
Canadian rapper Drake lost a massive N296 million bet after Anthony Joshua knocked out Jake Paul in Miami. Netizens react to the infamous 'Drake Curse' striking again.
Conoil Posts 60.5% Revenue Surge, Declares Dividend
Conoil Plc reports a massive 60.5% revenue growth to N323.1bn for 2024, proposing a N2.4bn dividend. Discover how Nigeria's downstream giant thrived despite economic headwinds.
Frank: No Quick Fix for Spurs' Struggles
Tottenham boss Thomas Frank insists he retains board support but admits there's no quick solution to the team's poor form. Spurs sit 11th ahead of Liverpool's visit.
Nigeria's Debt, Salaries Exceed Revenue in 2025
Nigeria's Federal Government spent more on debt servicing and salaries than it earned in 2025's first seven months, with a N10.19tn revenue shortfall. Oil earnings slumped over 60%. Read the full analysis.
Nigeria's 2025 Revenue Shortfall Hits N30 Trillion
Finance Minister Wale Edun reveals the Federal Government may fall short of its 2025 revenue target by N30 trillion. Discover the causes and government's response. Read more.
Ice Prince on Weight Loss & Why He Calls Breakfast a Scam
Nigerian rapper Ice Prince details his fitness journey, sparked by producer Chopsticks, and stirs controversy by declaring breakfast a 'scam' for men. See the reactions.
Pfizer Shares Fall on Weak 2026 Profit Outlook
Pfizer shares tumbled after the drugmaker projected flat revenues and lower profits for 2026, citing declining Covid-19 sales and heavy investment in new products like weight-loss drugs.
FG, States, LGs Share N1.9trn as FAAC Allocation Drops
The Federation Account Allocation Committee (FAAC) distributed N1.928 trillion for November 2025, a significant drop from October. See the full breakdown for FG, states, and LGs.
N3.8tr Loss: Lagos Traffic Crisis and Tech Solutions
Lagos traffic costs the economy N3.8 trillion yearly. As Yuletide approaches, experts push for tech-driven solutions like e-Call-Up systems and mass transit to salvage the situation. Read more.
FAAC Revenue Falls by N428bn, N1.93trn Shared
FAAC reports a sharp N427.969bn drop in November revenue, sharing N1.93 trillion among FG, states, and LGs. Key taxes see substantial declines. Read the full breakdown.
Golden Terra Oil Voted Nigeria's Top Healthy Cooking Oil
Nigerian consumers have voted Golden Terra Soya Oil as the Most Preferred Healthy Cooking Oil at the 2025 Consumer Value Awards. Discover why 72% chose this heart-friendly brand.
11 DStv Channels May Vanish in 2026 Over Deal
MultiChoice confirms 11 channels, including CNN and Cartoon Network, could be removed from DStv by Dec 31, 2025, if a new deal with Warner Bros. isn't reached. Learn the full list and alternatives.
PENGASSAN warns of oil sector brain drain over low pay
PENGASSAN warns Nigeria's oil sector faces a severe brain drain due to low wages and economic hardship. Union President Festus Osifo urges immediate action to close the wage gap and retain skilled workers.
Nigeria loses $363m yearly to EU beans ban
Nigeria loses over $360m annually due to the EU ban on dried beans exports, caused by dangerous pesticide levels. Stakeholders demand urgent agricultural reforms and seed preservation.
NNPC's ₦5.4trn Profit Shows Impact of Reforms
NNPC Limited's record ₦5.4 trillion profit for 2024 is hailed as proof of successful reforms under Bayo Ojulari. Discover how operational discipline and commercial changes are reshaping Nigeria's oil and gas sector.
UK Group GETI Praises NUPRC's $10bn Licensing Round
UK's GETI commends NUPRC for transparent $10bn oil licensing round. Digital portal for 50 blocks aligns Nigeria with global best practices, boosting investor confidence. Read more.
NUPRC's $10bn Licensing Round Hailed as Global Transparency Model
UK-based GETI commends NUPRC's digital licensing portal, projecting $10bn investment. A new benchmark for Africa's oil sector under Engr. Gbenga Komolafe's leadership.
Pacific Island Office Aids Sanctions-Busting Oil Smuggling
A beachside office in the Cook Islands is being used by dozens of tankers to smuggle Russian and Iranian oil, undermining Western sanctions. New Zealand expresses alarm. Read the full investigation.
Barber's Shop Demolished After Huge Investment
A Nigerian businessman's fully-equipped barbing salon was demolished after months of work, leaving him devastated. He blames a terrible access road and a difficult landlord.
Nigeria eyes $10bn from 50 oil blocks lease
Nigeria's NUPRC launches 2025 oil licensing round for 50 blocks, aiming to raise $10bn and boost output by 400,000 barrels per day. Discover the transparent bidding process.
TotalEnergies Sells Nigeria Offshore Stake to Chevron
French oil giant TotalEnergies sells a 40% stake in Nigerian offshore exploration licences to Chevron subsidiary. Deal aims to develop new opportunities in Nigeria's oil sector.
Page 1 of 4