Happening Now
Power exports under strain as Togo, Niger and Benin owe Nigeria ₦25.36bn for electricity
January 8, 2026
Power exports under strain as Togo, Niger and Benin owe Nigeria ₦25.36bn for electricity
Nigeria is grappling with persistent electricity shortages at home, yet neighbouring countries supplied through cross-border power arrangements are collectively owing…
Nigeria’s economy stabilises on paper as poverty deepens, PwC warns
January 7, 2026
Nigeria’s economy stabilises on paper as poverty deepens, PwC warns
Nigeria is entering a troubling phase where economic stabilisation efforts are beginning to show results in macroeconomic indicators, but household…
E-hailing drivers face double commission as VAT enforcement raises concerns
January 5, 2026
E-hailing drivers face double commission as VAT enforcement raises concerns
As Nigeria enters 2026, e-hailing drivers are confronting an unexpected financial challenge. Members of the Amalgamated Union of App-based Transporters…
CBN withdrawal of forbearance pushes banks’ bad loans above limit
January 2, 2026
CBN withdrawal of forbearance pushes banks’ bad loans above limit
Nigeria’s banking sector recorded a noticeable rise in bad loans in 2025 following the Central Bank of Nigeria’s withdrawal of…
No going back as new tax laws begin January 1, Presidency says
December 31, 2025
No going back as new tax laws begin January 1, Presidency says
As Nigeria approaches January 1, 2026, the Federal Government has insisted that the country’s new tax laws will take effect…
NCDMB opens innovation challenge to fund homegrown solutions in oil, gas, and energy transition
December 30, 2025
NCDMB opens innovation challenge to fund homegrown solutions in oil, gas, and energy transition
The Nigerian Content Development and Monitoring Board has launched the Nigerian Content Research, Innovation and Technology Challenge for the 2025…
Why Nigerians faced power cuts this Christmas, FG explains
December 24, 2025
Why Nigerians faced power cuts this Christmas, FG explains
As households and businesses across Nigeria grapple with electricity shortages during the Christmas period, the Federal Government has attributed the…
FG, Microsoft, LBS expand AI skills drive as 350,000 Nigerians get trained
December 18, 2025
FG, Microsoft, LBS expand AI skills drive as 350,000 Nigerians get trained
Nigeria’s push to compete in the global artificial intelligence economy is beginning to take clearer shape as the Federal Government,…
FG imposes immediate ban on wood exports, revokes all licences
December 18, 2025
FG imposes immediate ban on wood exports, revokes all licences
The Federal Government has moved to shut down Nigeria’s wood exports trade, ordering an immediate ban on the exportation of…
Cybersecurity risks grow as Nigeria’s ports embrace digital systems
December 17, 2025
Cybersecurity risks grow as Nigeria’s ports embrace digital systems
Nigeria’s maritime industry is facing renewed pressure to secure its fast-growing digital backbone as industry leaders warn that cyber threats…
Yuletide blackout fears rise as gas shortages hit power stations
December 17, 2025
Yuletide blackout fears rise as gas shortages hit power stations
Nigeria’s electricity supply is again under strain, raising fears of widespread outages during the Yuletide as gas shortages begin to…
Nigeria’s inflation rate falls to 14.45% in November, NBS data shows
December 16, 2025
Nigeria’s inflation rate falls to 14.45% in November, NBS data shows
Nigeria’s inflation rate picture continued to soften in November, but fresh data shows that price pressures remain uneven beneath the…