News

President Tinubu says his administration's bold economic reforms are laying the foundation for Nigeria's future, insisting the temporary hardships are necessary to achieve lasting prosperity and macroeconomic stability. Deloitte Africa endorses the Federal Government's fiscal and financial reforms,...

FAAC shared ₦2.55 trillion among the Federal Government, states and local governments after gross federation revenue surged 32.6 percent to ₦4.5 trillion in June. Stronger collections from Companies Income Tax, VAT, petroleum royalties, and import duties boosted the...

The NCAA has banned the Pilot-in-Command from operating in Nigerian airspace, suspended the First Officer, and grounded the Bombardier Challenger business jet after it mistakenly landed on a road under construction near Asaba Airport. NCAA Director-General Captain Chris...

Police Service Commission releases names of successful applicants in the ongoing nationwide recruitment exercise aimed at enlisting 50,000 Police Constables into the Nigeria Police Force Candidates who sat for the written examination can check their status from 12:00...

Investor wealth rose by ₦390 billion as market capitalisation climbed to ₦156.239 trillion despite a slight dip in the benchmark index. First Holdco rallied nearly 10 percent to lead 33 gainers, extending buying interest in banking and mid-cap...

Senate approves a ₦50 million support package for the families of two teachers and three security personnel who lost their lives during the Oyo school abduction and rescue operation. Senate President Godswill Akpabio says the intervention is a...

Headline inflation eased marginally to 15.91 percent in June from 15.93 percent in May, while monthly inflation slowed to 1.66 percent Food inflation accelerated to 3.75 percent month-on-month as prices of tomatoes, fresh pepper, crayfish and other staples...

Federal Government concludes emergency evacuation from South Africa as final Air Peace flight brings home 308 Nigerians, pushing total repatriated under the humanitarian programme to over 1,500. Foreign Affairs Minister Bianca Odumegwu-Ojukwu says President Bola Tinubu extended the...

OAGF says CBN is yet to remit ₦5.3 trillion in operating surplus. Lawmakers demand answers over unpaid government revenues. The dispute puts Nigeria’s public finance system under fresh scrutiny. The CBN’s position on the claim remains awaited. July 15,...

Federal High Court orders the permanent forfeiture of 48 high-value properties linked to former Attorney-General of the Federation, Abubakar Malami, ruling they were acquired with proceeds of unlawful activities. Justice Joyce Abdulmalik dismisses all objections by Malami, his...