INEC to Tests 2026 Electoral Act in FCT Polls, Rivers & Kano Bye-Elections
The Independent National Electoral Commission (INEC) is set for its first major electoral exercise under the newly signed Electoral Act 2026, as it conducts the Federal Capital Territory (FCT) Area…
Edun Warns of Rising Debt Burden as Nigeria’s Debt Nears $100bn
Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has raised concerns over mounting global debt pressures, warning that nearly half of low-income countries are either in…
2026 Tax Filing: Five Key Changes Businesses Must Watch
Filing season in 2026 will come with tighter scrutiny as new provisions under the Nigeria Tax Act (NTA) and the Nigeria Tax Administration Act (NTAA) reshape how companies calculate liabilities,…
Naira Holds Steady at 1,345/$ as CBN Narrows FX Gap
The Nigerian Naira traded within a stable range against the US Dollar in early dealings on Friday, February 20, 2026, as improved liquidity and policy adjustments helped contain volatility in…
Shell East Seeks Femab Properties’ Liquidation Over ₦96m Debt
The Federal High Court in Lagos has fixed April 29, 2026, to hear a winding-up petition filed by Shell East Staff Investment Cooperative Society Limited (CoopEast) against Femab Properties Limited…
Edo Demolishes Cultists’ Building, Declares Four Wanted
The Edo State Government has demolished a property in Amagba, Benin City, linked to suspected cult members, as part of an intensified crackdown on cult-related killings across the state. The…
Power Sector on the Brink as Debt Hits N6.5trn
Nigeria’s electricity industry is facing deepening financial strain as Electricity Generation Companies (GenCos) reveal that total sector debt has climbed to N6.5 trillion, with projections indicating it could rise to…
ARM Declares H2 2025 Dividend for MOFI Real Estate Investment Fund, Series II to Pay N9.7192 Per Unit
ARM Investment Managers Ltd has announced cash distributions for the second half of 2025 for the MoFI Real Estate Investment Fund (MREIF), proposing dividends of N3.7468 per unit for Series…
Rivers State Assembly Suspends Impeachment Process Against Fubara, Deputy
The Rivers State House of Assembly has halted impeachment proceedings against Governor Siminalayi Fubara and his deputy, Ngozi Odu, following the intervention of President Bola Ahmed Tinubu. The decision was…
Ondo State Monarch Shot Dead Outside Palace
Kehinde Jacob Faledon, the traditional ruler of Agamo Community in Akure North Local Government Area of Ondo State, has been shot dead by unidentified gunmen. The monarch was reportedly attacked…