News

States Collect N114bn From Road Taxes in Three Years – NBS

The data showed that road tax collections fell by N16.22bn, or 40.42 percent, from N40.14bn in 2023 to N23.92bn in 2024 before rebounding by N25.96bn, or 108.53 percent, to N49.88bn in 2025.

Trump Threatens ‘Very Hard’ US Military Blow If Iran is Behind Attack on Flydubai Aircraft

Trump issued the warning on Thursday as investigators continued probing the dramatic mid-air attack involving a FlyDubai flight travelling from Dubai in the United Arab Emirates to Tel Aviv, Israel.

Coca-Cola System Generates $1bn Economic Value, Sustains 160,200 Jobs Across Nigeria

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According to the report, the system supported about 160,200 jobs across its value chain, comprising 2,989 direct employees and more than 157,200 indirect jobs sustained across sectors including agriculture, logistics, retail, hospitality and distribution.

2027: Political Dynasties Take Centre Stage as Children of Nigerian Politicians, Ex-Leaders Chase National Assembly Seats

Some of the aspirants are already serving lawmakers seeking re-election, while others are attempting to revive political careers interrupted by previous electoral defeats. A number are also making their first major attempt at elective office.

BOI Launches Online Loan Portal to Cut Paperwork for Nigerian Businesses

Announced on October 2, the platform brings registration, document submission and application tracking into one process. BOI’s website directs customers to onlineportal.boi.ng to apply, track and manage financing requests.

Oil Holds Above $102 as Fuel Export Curbs Keep Buyers on Edge

Brent traded at $102.28 by 4.50 am Nigerian time, down three cents, while US West Texas Intermediate stood at $92.68, down 19 cents. Both were intraday prices reported by Reuters.

Troops Rescue 10 NYSC Members in Imo, Neutralise 16 Terrorists

The rescue in Imo came after suspected kidnappers intercepted two commercial buses conveying prospective corps members and other passengers along the Onitsha-Owerri Road in the early hours of Thursday.

Nigeria’s Free Zones Attract $200bn Investment, Create 500,000 Jobs – FG

The Minister of Industry, Trade and Investment, Dr Jumoke Oduwole, disclosed this at a virtual meeting with Special Economic Zones stakeholders in September, as the government moves to modernise the regulatory framework governing the zones and strengthen their contribution to investment and non-oil exports.

‘No Plan to Militarise 2027 Elections’, Defence Chief Assures Foreign Advisers, Warns Against Dangerous Misinformation

Undiandeye gave the assurance in Abuja while addressing foreign Defence Advisers and Defence Attaches at their third-quarter operational briefing, where he also warned against what he described as the dangerous spread of misinformation and disinformation about Nigeria's security situation and preparations for the elections.

Nigeria @66: Resist Despair, Celebrate Resilience – Okonjo-Iweala Urges Nigerians To Keep Hope Alive

Okonjo-Iweala, a former Minister of Finance, gave the message on Thursday as Nigeria marked its 66th Independence Anniversary.