January 26, 2026
Lagos, Nigeria

Blog

Economy News

75% of Goods Offloaded in Benin Republic Destined for Nigeria — Speaker Abbas

The Speaker of the House of Representatives, Tajudeen Abbas, has raised concerns over Nigeria’s port inefficiencies, stating that over 75 percent of goods offloaded in the Benin Republic are ultimately bound for Nigerian markets. Abbas made the remark on Wednesday while receiving a delegation from the Presidential Enabling Business Environment Council (PEBEC) at the National

Read More
Podcast

World Bank Flags ₦500bn Revenue Gap in NNPCL’s 2024 Remittance

The World Bank has raised red flags over the Nigerian National Petroleum Company Limited (NNPCL) for failing to remit half of the revenue generated from the removal of the petrol subsidy in 2024. According to its latest Nigeria Development Update (NDU), the NNPCL only remitted ₦600 billion out of a total ₦1.1 trillion in earnings

Read More
Headlines News

JAMB Admits to Errors Affecting 2025 UTME Results, Over 75% Score Below 200

The Joint Admissions and Matriculation Board (JAMB) on Wednesday acknowledged the presence of errors that negatively impacted the performance of candidates in the 2025 Unified Tertiary Matriculation Examination (UTME). This admission was made by the Registrar of the Board, Prof. Ishaq Oloyede, during a press briefing held in Abuja. According to him, “What should have

Read More
Headlines

“So Proud of Her”: Nigerians Celebrate as Sandra Amachree Joins Star-Studded Cannes Lions 2025 Jury

There are career moments that make headlines, and there are those that make history. The announcement that Sandra Amachree has been appointed to the Cannes Lions 2025 Jury has ignited both applause and admiration, with creatives across Nigeria and beyond celebrating a figure whose mastery is finally getting its due spotlight. Renowned for her incisive

Read More
Headlines

Guinness Book: Nigerian Barber Joshua set to Break World Record

Mr Aiyenuro Joshua, of the T-Jos Signature Nigeria, has declared his intention to set a world record in the Guinness Book for the longest haircut in the world. The barbing marathon has been scheduled to hold from June 10 to June 17 at the Velodrome of the Moshood Abiola National Stadium, Abuja. Joshua, who is

Read More
Economy Headlines

Economic Growth: Tinubu Reiterates Committment to Comprehensive Tax reforms

President Bola Tinubu has reiterated his commitment in undertaking bold and comprehensive reforms to reposition the country’s fiscal architecture for resilience, inclusiveness and economic growth. Tinubu said this during the 27th Annual Chartered Institute of Taxation of Nigeria (CITN) Tax Conference in Abuja on Tuesday. The theme of the conference was, “Taxation for development, policies,

Read More
Headlines

FG Outlines Solutions to Tackle Irregular Migration from Africa to Europe

The Federal Government has identified three key steps to take in addressing the menace of irregular migration from Africa to Europe. Prof. Nentawe Yilwatda, the Minister of Humanitarian Affairs and Poverty Reduction gave the solutions on Tuesday, at the opening of the first thematic meeting of the Rabat Process in Abuja. Nigeria assumed chairmanship of

Read More
News

Oshiomhole to Abati: ‘Don’t Hide Behind TV; Let’s Fight It Out’

Senator Adams Oshiomhole has publicly challenged Arise TV anchor and former presidential spokesperson, Dr. Reuben Abati, to a physical confrontation over comments he deemed “disrespectful” and “mischievous.” The altercation stems from a recent episode of Arise TV’s The Morning Show, where Abati questioned former Delta State Governor Ifeanyi Okowa’s defection to the All Progressives Congress

Read More
Politics

Lagos APC’s Local Government Primaries Spark Widespread Discontent

The All Progressives Congress (APC) in Lagos State is currently facing significant internal challenges following its recent local government primaries. Numerous party members and aspirants have expressed dissatisfaction, alleging the imposition of candidates and a lack of transparency in the selection process. Protests have erupted across various local government areas, including Ikeja, Somolu, Yaba, and

Read More
Economy

World Bank and Nigerian Government Clash Over 2025 Budget Assumptions Amid Economic Uncertainties

The World Bank has raised concerns over Nigeria’s 2025 budget projections, describing the government’s assumptions of producing 2.06 million barrels of oil per day at $75 per barrel as overly optimistic. This skepticism stems from Nigeria’s current production levels, which hover around 1.6 million barrels daily, and the prevailing international oil price of approximately $60

Read More