President Bola Tinubu has outlined the reasons for overhauling Nigeria's outdated tax laws, emphasizing that the new reforms aim to boost transparency, attract investment, and drive economic growth while addressing poverty.
The Presidency has strongly criticized economist Professor Pat Utomi for labeling President Tinubu's economic reforms a 'Ponzi scheme,' accusing him of hypocrisy and citing his past leadership roles at failed institutions.
The Nigerian Civil Aviation Authority expresses optimism for an improved safety rating as ICAO begins a follow-up audit, highlighting corrective actions and training initiatives to enhance oversight capabilities.
The Presidency has strongly criticized Professor Pat Utomi, labeling his description of President Tinubu's economic reforms as a 'Ponzi scheme' as hypocritical, citing his past roles in failed ventures like Volkswagen Nigeria and BankPHB.
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Electricity distribution companies billed Nigerians N795.06 billion in Q4 2025 but collected only N630.93 billion, with collection efficiency dropping to 79.36%. Only Eko DisCo met its performance target while Kaduna DisCo recorded the worst performance.
The Nigerian Civil Aviation Authority cautions air travelers about potential flight disruptions during the rainy season, despite recent operational improvements by airlines.
A Nigerian man's viral video showing a ₦75,480 supermarket receipt for bread, milk, Milo, and custard has ignited a national conversation about the unbearable cost of living and rampant inflation.
President Bola Ahmed Tinubu has announced a bold strategy to convert Nigeria's perennial flood crisis into an economic driver, shifting focus from oil to water resources for national growth and food security.
Nigeria's inflation rate rose to 15.38% in March 2026, with the Consumer Price Index reaching 135.4, up 5.4 points from February. Food inflation also increased to 14.31%, reflecting sustained pressure on household spending amid updated NBS data methodolog
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Nigeria's naira emerges as Africa's second-best-performing currency against the US dollar in 2026, showing resilience amid global economic turbulence despite foreign-exchange reserves hitting lowest levels since mid-February.
A Nigerian man from Enugu details his one-month experience with a 15kVA solar inverter system that powers his full duplex, revealing a total cost of 6 million naira and advising others to go off-grid.
Petrol, diesel, and aviation fuel prices are climbing across Nigeria as global crude benchmarks trade between $99 and $105, with Dangote Refinery offering competitive rates but market pressures persist.
Residents of Mpape, Katampe, Dutse-Pe, and Dutse Alhaji in Abuja are actively building climate resilience following grassroots awareness sessions by HipCity Innovation Centre, focusing on local adaptation and community-led solutions.
Nigeria's total public debt surged to N159.28 trillion by December 2025, with each citizen bearing N66,250. Domestic borrowing rose 14.1%, driven by Federal Government loans, sparking calls for legislative oversight and revenue reforms.
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Nepal begins the new year 2083 with improved political stability after recent elections, but economists warn of economic fragility, weak investment, and structural challenges.
Niger Delta Power Holding Company completes rigorous Factory Acceptance Tests for a 1x15MVA transformer in India, set to boost power access in Agbara, Ogun State, under Engr. Jennifer Adighije's leadership.
A Caucasian tourist's video complaint about a power outage at a Nigerian hotel has gone viral, highlighting frustrations with electricity supply disrupting her plans.
The EFCC has issued strong warnings to Nigerian banks against granting loans without credible collateral, citing risks to depositors' funds and a rise in non-performing loans.
A United Nigeria Airlines CRJ-900 aircraft was struck by birds during a flight from Kano to Abuja, marking the airline's fifth such incident in 2026. The aircraft has been grounded for mandatory safety inspections, potentially causing flight disruptions.
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The Petroleum Technology Association of Nigeria (PETAN) has inaugurated its newly elected Executive Committee in Lagos, marking a leadership transition. The committee, led by Chairman Wole Ogunsanya, aims to advance local content and indigenous participat
Barrister Aminu Junaidu, Chairman of Nigeria's Investment and Securities Tribunal, has transformed the institution in under six months, aligning with President Tinubu's Renewed Hope Agenda through efficient case management and international recognition.
Liquefied petroleum gas (LPG) prices in Nigeria have surged sharply, with some retailers charging up to N1,500 per kilogram. The increase is driven by rising global crude oil prices and geopolitical tensions, adding strain to households amid high living c
Airtel Africa Foundation's 'Empower Her' initiative promotes gender inclusion and financial literacy for women in SMEs across Nigeria, reaching 2,000 participants in six locations with training and micro-grants.
Southfield Petroleum Limited has commenced construction of a 200-300 MMSCFD gas processing plant in Utorogu, Delta State, supporting Nigeria's 'Decade of Gas' initiative and boosting domestic energy supply.
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Nigeria faces a $9.55 million revenue gap as Benin, Togo, and Niger fail to fully pay for electricity exports in Q4 2025. NERC data shows only 53% remittance from international customers, worsening the country's power sector challenges.
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The International Monetary Fund warns that sustained conflict involving Iran could spike oil prices above $100, potentially pushing the world economy toward recession with severe impacts on growth and inflation.
Ghana's President Mahama and former AfDB head Adesina urge paradigm shift from dependency to investment-led prosperity, highlighting Africa's growth trajectory and calling for strategic resource management.
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The Nigerian Civil Aviation Authority has issued an Aerodrome Certification to Akanu Ibiam International Airport in Enugu, marking its first-ever international recognition. This milestone confirms compliance with global safety standards and supports econo
