Business and Economy

World Bank Flags Growing Gap Between Rich, Poor Economies

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World Bank Flags Growing Gap Between Rich, Poor Economies

Oluwatobi Adu January 13, 2026 0

ABUJA, Nigeria – The global economy is showing unexpected resilience despite trade tensions and policy uncertainty, but...

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FG Orders Emergency Repairs on Failing Lagos–Ota–Abeokuta Road

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FG Orders Emergency Repairs on Failing Lagos–Ota–Abeokuta Road

Korede Abdullah January 13, 2026 0

LAGOS, Nigeria – The Federal Government orders immediate emergency repairs on the Lagos–Ota–Abeokuta Road, responding to worsening...

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NBS Explains Planned Adjustment of December Inflation After CPI Rebasing

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NBS Explains Planned Adjustment of December Inflation After CPI Rebasing

Edino Chubiyo Cornelius January 12, 2026 0

ABUJA, Nigeria – Nigeria’s National Bureau of Statistics (NBS) announces plans to adjust December 2025 inflation figures...

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Nigeria Commits ₦1.1tn to Power Sector in 2026 Budget

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Nigeria Commits ₦1.1tn to Power Sector in 2026 Budget

Chukwu Obinna January 12, 2026 0

ABUJA, Nigeria – Nigeria earmarks ₦1.096 trillion for electricity infrastructure in its 2026 federal budget, signalling renewed...

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NDIC Recovers N24.3bn to Pay Heritage Bank Depositors

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NDIC Recovers N24.3bn to Pay Heritage Bank Depositors

Edino Chubiyo Cornelius January 11, 2026 0

ABUJA, Nigeria – The Nigeria Deposit Insurance Corporation (NDIC) secures an additional ₦24.3 billion from the assets...

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FG Unveils SOPs to Standardise Public Asset Maintenance

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FG Unveils SOPs to Standardise Public Asset Maintenance

Koko Maxwella January 11, 2026 0

Abuja, Nigeria – The Federal Government rolls out new Standard Operating Procedures (SOPs) to strengthen and standardise...

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Update: Osun Government Rejects Ghost Worker Claims, Threatens Legal Action

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Update: Osun Government Rejects Ghost Worker Claims, Threatens Legal Action

Mirian Gom January 10, 2026 0

OSUN, Nigeria – The Osun State Government has dismissed allegations that it padded its payroll with thousands...

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Lagos-Calabar Coastal Highway Will Be Tolled Upon Completion – Umahi

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Lagos-Calabar Coastal Highway Will Be Tolled Upon Completion – Umahi

Mirian Gom January 10, 2026 0

LAGOS, Nigeria – The Lagos-Calabar Coastal Highway will be tolled immediately when it is completed and officially...

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FG Defends Tax Reforms, Says KPMG Misread New Laws

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FG Defends Tax Reforms, Says KPMG Misread New Laws

Juliet Jacob January 10, 2026 0

ABUJA, Nigeria – The Federal Government is pushing back against criticism of Nigeria’s newly enacted tax reforms,...

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Audit Alleges N13.7bn Annual Loss to Osun Ghost Workers

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Audit Alleges N13.7bn Annual Loss to Osun Ghost Workers

Mirian Gom January 10, 2026 0

OSUN, Nigeria – A forensic audit firm accuses the Osun State Government of inserting 8,452 alleged ghost...

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