Dangote Refinery Denies Shutdown, Produces 50m Litres Daily
Dangote Refinery dismisses false shutdown claims, confirms daily production of 50 million litres of PMS and maintains N699/litre price. Read the full details.
Category : Business
Nigerian Stock Market Breaks N100 Trillion Barrier
The Nigerian Exchange (NGX) has surged past the N100 trillion market capitalisation mark for the first time. Discover the key drivers, top-performing stocks, and what this means for investors in 2026. Read the full analysis now.
FG to Use Banks, Fintechs for Tax Debt Recovery in 2026
Nigeria tightens tax laws, empowering authorities to use banks and fintechs like Access, Zenith, and Opay to recover unpaid taxes. Learn about the new rules and your obligations.
NCC: 2,800 Telecom Sites Deployed in 2025 for Better Service
The NCC reveals telecom operators deployed over 2,800 sites in 2025, boosting broadband penetration past 50%. EVC Dr. Aminu Maida promises improved quality of service for Nigerians in 2026.
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Clarifying FG Revenue vs Federation Account Funds
Public debate on Nigeria's finances is clouded by confusion. We break down the key distinction between total government revenue and the Federal Government's actual share. Understand the facts behind the recent statements.
Nigeria's 2025 Tax Reforms: A Structural Overhaul
The Nigerian Tax Acts 2025 aim to fix a broken fiscal system, protect low earners, and modernise administration. Discover the long-term vision beyond the revenue debate.
2026 Business Shift: Clarity Over Effort for Success
Dr. Abiola Salami argues that in 2026, Nigerian organisations must prioritise strategic clarity over mere effort. Discover how early alignment can prevent costly drift and unlock performance.
CIoDN Calls for Responsible Leadership to Create Jobs in Nigeria
The Chartered Institute of Directors Nigeria urges leaders to translate economic gains into employment and wage stability. Dr. Taiwo Nolas-Alausa highlights security and governance as critical for 2026.
Nigerian Mum Cries Out Over New Electronic Transaction Tax
A Nigerian mother of two expresses shock after nearly N100 was deducted as tax for a N25,000 transaction under the new federal laws implemented on January 1, 2026.
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OPay's N9,999 Transfer Feature Aids Nigerians on Tax
Nigerians celebrate as OPay adds a N9,999 transfer option to help users avoid new electronic tax charges. See user reactions and expert analysis on the fintech's market move.
Wedding Day Tragedy: Groom, Nieces Die in Helicopter Crash
A groom and his three nieces died in a tragic helicopter crash in Arizona, USA, just hours before his wedding. The experienced pilot's aircraft hit a slackline. Read the full heartbreaking story.
Hippos Kill 3, Destroy N180m Crops in Gombe
Farmers in Hinna, Gombe, plead for help as hippopotamus attacks claim lives and destroy farmlands worth over N180 million. Urgent government intervention needed.
Woman Calls Out Vendors Over Illegal VAT Charges
A Nigerian woman raises alarm over vendors illegally charging 'VAT' on everyday purchases. She shares shocking examples and calls for government intervention. Read her full story.
Ogun to build 3,000 affordable housing units in 2026
Ogun State plans to deliver 3,000 affordable housing units in 2026, part of a 10,000-home target. The Commissioner for Housing details new estates and urban renewal projects across the state.
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CIG Motors exec fired, EFCC case over financial misconduct
CIG Motors confirms sacking Jubril Arogundade after internal probe found alleged financial misappropriation. Case referred to EFCC. Read details.
Chibuzo Obichukwu Appointed New EPI Coordinator
The Entrepreneurs Platform Initiative (EPI) names Chibuzo Obichukwu as its new coordinator to champion entrepreneurship, innovation, and economic empowerment for women and youth in Nigeria.
NGX Hits N100 Trillion Market Cap as Stocks Rally
The Nigerian equities market surged on Monday, with capitalisation crossing N100 trillion. The ASI gained 1.74% as 71 stocks advanced. Discover the top gainers and most active stocks driving this historic rally.
CBN Lists 28 Banks Not Allowed to Operate Abroad
The Central Bank of Nigeria has published a list of 28 banks restricted to domestic operations. Discover which institutions lack international licenses and the impact of the ongoing recapitalisation drive.
Nigeria's Debt & 2026 Taxes Strain Citizens Under Tinubu
Analysis: Nigeria's public debt surged 71% under Tinubu to ₦149.39 trillion. Combined with new 2026 tax laws, experts warn of a severe strain on the economy and daily life for Nigerians.
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NNPC Scratch & Win Promo Offers N100m Prize
NNPC Retail Limited launches a scratch and win promotion with prizes up to N100 million. Learn how to participate and win big until March 2026.
Fire at Katsina Substation Causes Major Power Outage
A fire at the IBB Way injection substation in Katsina has disrupted electricity supply to several areas including GRA and Kofar Kaura. KEDCO's team is assessing damage and working on restoration.
Tinubu nominates 21 for oil, gas regulatory boards
President Bola Tinubu has sent 21 nominees for the boards of NUPRC and NMDPRA to the Senate for confirmation, aiming to strengthen governance and PIA reforms. Read the full list.
Tax Reform May Fail If Too Aggressive, CPPE Warns
The Centre for the Promotion of Private Enterprise warns Nigeria's tax reforms could collapse without phased implementation, citing high inflation and a vast informal sector. Learn the key risks.
Dangote Refinery Floods Market, Denies Shutdown Rumours
Dangote Refinery confirms full operations, dispelling false shutdown reports after loading 43.3 million litres of petrol in one day. Discover the impact on prices and market stability.
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PH Lady's Crucial House-Hunting Advice: Check Neighbours
A Nigerian lady in Port Harcourt shares a vital, often overlooked factor for renters. Her regretful experience highlights why checking neighbours is as crucial as checking light and water.
Naira Gains in 2026 as CBN Injects $7.5bn Into Market
The Nigerian naira appreciates to N1,430.84 per dollar, marking a strong start to 2026. Analysts credit CBN's $7.5 billion intervention and reforms for reduced volatility and project continued stability.
Tinubu Nominates 21 Board Members for Oil Regulators
President Bola Tinubu has sent 21 nominees for the boards of NMDPRA and NUPRC to the Senate for confirmation. This move aims to advance reforms in Nigeria's crucial oil and gas sector.
Banker Reacts to Funny Transfer Narrations Amid New Tax Law
A Nigerian banker reveals over 50 hilarious bank transfer descriptions customers are using to avoid the new 2026 tax. See the viral reactions and how the law works.
Union Bank Closes All Titan Trust Social Media Accounts
Union Bank of Nigeria has disabled all Titan Trust Bank social media accounts. Customers are now directed to follow Union Bank's official platforms for updates and services.
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Emir Raises Alarm Over Neglected Yamaltu-Biu Road
The Emir of Yamaltu, Abubakar Aliyu, warns that the deplorable Yamaltu-Biu Road is crippling farming communities. He calls on the FG and NEDC for urgent intervention to save lives and the economy.
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