Tax Reform or Public Panic? Inside Nigeria’s Controversial 2026 Tax Changes
ABUJA, Nigeria – When rumours began spreading across Nigeria that the government would soon begin “taxing bank deposits” and “deducting money directly from savings,”…
Business and Economy
Reps Reject Minority Probe on Tax Laws, Cite Procedure Breach
ABUJA, Nigeria – Nigeria’s House of Representatives rejects an ad-hoc committee reportedly set up by its minority caucus to probe alleged alterations in newly…
Shell Signals $20bn Nigeria Expansion, Citing Tinubu’s Reforms
ABUJA, Nigeria – Global energy giant Shell Plc signals renewed confidence in Nigeria’s economy, as its Chief Executive Officer, Wael Sawan, announces plans to…
NISO: Transmission Line Failures Trigger Nationwide Grid Collapse
ABUJA, Nigeria – Nigeria’s national electricity grid collapses on Friday following the simultaneous failure of multiple high-voltage transmission lines and the disconnection of power…
Shadows Over Shiny Stalls: How Boko Haram’s Lingering Fear is Stalling Yobe’s Market Revival
YOBE, Nigeria – The market stalls are new. The roads are freshly paved. The ambition is unmistakable. Yet across large swathes of Yobe State,…
National Grid Collapse Plunges Nigeria into Widespread Electricity Blackout
ABUJA, Nigeria – Nigeria’s fragile electricity system collapses again, plunging millions of homes and businesses into darkness after power generation drops to zero megawatts…
Katsina Signs ₦155bn Agro-Housing Deal to Deliver 3,750 Homes
KATSINA, Nigeria – The Katsina State Government signs a ₦155 billion agreement with COSMOS Residential City Nigeria Limited to deliver 3,750 agro-residential housing units,…
Alcohol Sachet Ban Triggers Labour-Led Protest at NAFDAC Lagos Office
LAGOS, Nigeria – A coalition of alcohol producers and organised labour stages a protest at the Lagos office of the National Agency for Food…
FG Releases ₦152bn to Contractors After Abuja Protests
ABUJA, Nigeria – The Federal Government confirms the release of ₦152 billion to contractors following weeks of protests over delayed payments in the capital.…
Nigeria Reframes Food Security as National Stability Strategy
ABUJA, Nigeria – Nigeria now treats food security as a core national security and macroeconomic priority, Vice President Kashim Shettima declares at the World…