News

When The Country Taxes Its Own Lifeline

A hospital without electricity is not merely an institution experiencing an inconvenience. It is a facility standing at the edge of a humanitarian emergency. When power fails, ventilators become vulnerable, operating theatres are disrupted, oxygen systems face uncertainty, laboratories are compromised and medicines requiring refrigeration are placed at risk. In such circumstances, electricity is not […]

When The Country Taxes Its Own Lifeline Read More »

Nigeria’s return to Frontier market: An upgrade that must be earned

FTSE Russell’s decision to restore Nigeria to Frontier Market status is an important signal of progress. But it is not a declaration of economic victory. The country has fixed some of its financial plumbing; it must now prove that the system can work under pressure—and, more importantly, that economic recovery can reach beyond the market.

Nigeria’s return to Frontier market: An upgrade that must be earned Read More »

Trump Pauses Iran Talks as Hormuz Crisis Deepens

Washington and Tehran dig in as shipping collapses through the strategic waterway and Iran signals readiness for a prolonged confrontation WASHINGTON/TEHRAN — Prospects for a diplomatic breakthrough between the United States and Iran have dimmed further after President Donald Trump said Washington had paused negotiations with Tehran, while Iranian officials signalled that the country could

Trump Pauses Iran Talks as Hormuz Crisis Deepens Read More »

Tinubu Moves on Xenophobia, Crypto Regulation

President combines pressure over attacks on African migrants with a new framework for coordinated regulation of Nigeria’s digital-asset sector ABUJA — President Bola Ahmed Tinubu has called for a united African response to the renewed xenophobic attacks targeting Nigerians and other African nationals in South Africa, while simultaneously moving to strengthen Nigeria’s regulatory framework for

Tinubu Moves on Xenophobia, Crypto Regulation Read More »

Tinubu Gains Ground as Opposition Splits

Defections and endorsements across the Southwest are strengthening the President’s re-election prospects, but translating elite alliances into votes remains the real test ABUJA — President Bola Ahmed Tinubu’s 2027 re-election campaign is gaining political momentum as opposition figures and structures in key Southwest states increasingly align themselves with the incumbent, exposing growing fractures within the

Tinubu Gains Ground as Opposition Splits Read More »

Ekiti govt cautions monarch over land grabbing allegation

Ekiti State government has expressed displeasure over frequent allegations of land grabbing against the Oluyin of Iyin-Ekiti, Oba Adeniyi Adeola Ajakaiye and thereby advised him from engaging in any unlawful land acquisitions in his community. In a letter addressed to the monarch by the Executive Secretary, Bureau of Land Services, M. K. Ojo, the state

Ekiti govt cautions monarch over land grabbing allegation Read More »

Labour Raises The Stakes, Demands N500,000 Minimum Wage.

With the two-year review window expired, Nigeria’s organised labour is demanding a major wage reset—or threatening a return to industrial action ABUJA — Nigeria’s organised labour has reopened the minimum-wage question, demanding ₦500,000 as the new national minimum wage and warning that the worsening cost-of-living crisis has made the current ₦70,000 wage increasingly untenable. The

Labour Raises The Stakes, Demands N500,000 Minimum Wage. Read More »

Osun 2026: Adeleke Faces Toughest Test Yet As APC And ADC Close In

Incumbency, party defection and a three-way contest make August 15 too close for easy predictions OSOGBO — Seven days to the Osun State governorship election, the contest for the Government House in Osogbo has become increasingly difficult to call, with Governor Ademola Adeleke, APC candidate Bola Oyebamiji and ADC candidate Najeem Salaam emerging as the

Osun 2026: Adeleke Faces Toughest Test Yet As APC And ADC Close In Read More »

Finance Minister Inaugurates Committee to Draft New VAT Order Under Tax Reform Agenda

Six-week assignment to redefine VAT exemptions, strengthen implementation of Nigeria’s 2026 tax reforms ABUJA — The Federal Government has inaugurated an Inter-Ministerial Committee to develop a new Value Added Tax (VAT) Modification Order, marking another key step in implementing Nigeria’s sweeping tax reform programme. The committee was inaugurated on Friday by the Minister of Finance

Finance Minister Inaugurates Committee to Draft New VAT Order Under Tax Reform Agenda Read More »

Dangote’s Dollar Pricing Pushes Petrol Above ₦1,200.

Refinery’s switch to dollar-denominated fuel sales ripples across Nigeria, driving pump prices higher and exposing consumers to foreign exchange volatility. LAGOS — For seven years, Chukwuemeka Obi has worked the fuel pumps at a filling station in Ojodu Berger, Lagos. He has witnessed fuel shortages, subsidy removals, and price adjustments, but says few developments have

Dangote’s Dollar Pricing Pushes Petrol Above ₦1,200. Read More »

Scroll to Top