Lagos Assembly Approves ₦4.4 Trillion Budget for 2026 Fiscal Year
The Lagos State House of Assembly has formally approved a ₦4.44 trillion budget for the 2026 fiscal year, marking one of the largest allocations in the state’s history. The approval…
Dangote Cement Wins FG Commendation for Successful Delivery of Social Projects in Benue State
Dangote Cement Plc has received commendation from the Federal Government for the successful delivery of multi-million-naira social intervention projects in its Gboko host communities in Benue State. The recognition was…
Lagos Seals Lekki Phase 1 Residential Estate Over Sewage and Environmental Violations
The Lagos State Government, through the Lagos State Wastewater Management Office (LSWMO), has officially sealed a residential estate at No. 96 Ladipo Omotesho Street, Lekki Phase 1. The action, carried…
Togo, Niger, Benin Owe Nigeria $17.8 Million for Electricity Supply
Despite ongoing electricity shortages in Nigeria, neighbouring countries continue to benefit from the country’s power supply, according to the Nigerian Electricity Regulatory Commission (NERC). Togo, Niger, and Benin currently owe…
Tax Reforms Push Businesses to Rethink Payroll, VAT Compliance
The full rollout of Nigeria’s tax reform laws is forcing businesses across sectors to urgently review payroll systems, transaction taxes and internal compliance processes, as authorities signal zero tolerance…
KPMG Warns New Tax Law Ambiguities May Hurt Investment
Professional services firm, KPMG, has raised concerns that ambiguities and inconsistencies in Nigeria’s newly enacted tax laws could discourage investment, fuel disputes with tax authorities and trigger capital flight if…
Calls Grow Within APC for Wike’s Removal from FCT Office
Pressure is mounting within the All Progressives Congress (APC) as party groups intensify calls for the removal of the Minister of the Federal Capital Territory (FCT), Nyesom Wike, citing…
Trump Orders U.S. Exit From 66 Global Bodies, Signals Shift in Foreign Policy
The United States has begun a sweeping withdrawal from dozens of international organisations following a directive issued by President Donald Trump, marking one of the most significant shifts in U.S.…
Trump Proposal to Bar Institutional Buyers Sends Shockwaves Through Housing Market
The global real estate market reacted sharply on Wednesday following a policy signal from United States President Donald Trump indicating plans to restrict large institutional investors from purchasing single-family homes…
Naira Slides to ₦1,490/$ as FX Gap Widens
The naira weakened further against the United States dollar on Wednesday, reflecting continued pressure across both the official and parallel foreign exchange markets. At the parallel market, the local currency…