Acquiring or renewing a international passport from abroad often presents severe logistical hurdles for citizens in the diaspora. To address these lingering challenges, the Federal Government officially deployed a specialized NIS passport intervention team UK task force on August 10,…
According to the Debt Management Office (DMO), the Federal Government spent N3.14 trillion on domestic debt servicing in the first quarter (Q1) of 2026. The official figures were disclosed in the DMO’s latest domestic debt service report for Q1 2026.…
Nigeria’s newly established tax referee is shedding light on where small businesses and taxpayers face their biggest challenges. Speaking at a media briefing in Lagos, Dr. John Nwabueze, Chief Executive of the Office of the Tax Ombud, revealed that most…
Nigeria’s civil aviation regulator is warning lawmakers against slashing its main source of income. Specifically, the Nigeria Civil Aviation Authority (NCAA) insists that reducing its statutory funding could weaken flight safety across local airports. Speaking at a House of Representatives…
Running an enterprise across Nigeria today requires navigating a maze of overlapping financial demands. Daily, small business owners face conflicting revenue collectors representing federal, state, and local councils. Although federal authorities promise sweeping fiscal reforms, entrepreneurs on the ground still…
Maintaining stability across the national financial sector requires strict oversight and unwavering enforcement of capital standards. Consequently, the NAICOM revokes Nigeria Reinsurance license after the historic institution failed to meet statutory capital requirements under the Nigerian Insurance Industry Reform Act…
Navigating the bustling streets of Africa’s most populous megacity requires a massive shift toward modern urban mobility. Consequently, the Lagos Danfo bus replacement system has officially taken a major leap forward after the state government signed a historic pact with…
Energizing the economy requires bold steps toward expanding deepwater oil and gas operations. In a major move to revive national crude output, regulators are projecting that NUPRC offshore oil projects investment could unlock between $30 billion and $50 billion in…
Building a home or commercial property across the nation has become significantly more expensive for private developers and public contractors. Despite these sharp cost increases, Nigeria cement firms revenue 2026 reached a historic combined total of N3.2 trillion during the…
Dangote Refinery has reduced the price of its Premium Motor Spirit (PMS), commonly known as petrol, and Automotive Gas Oil (AGO), or diesel, nationwide. On Wednesday, the 700,000-barrel-per-day refinery cut its petrol gantry price to N1,165 per litre from N1,215…
Owning a home remains a deeply personal dream for millions of families across the country. However, the Nigeria real estate market 2026 tells a conflicting story of massive financial growth clashing directly with an escalating housing affordability crisis. Consequently, while…
Investing in real estate across Nigeria’s commercial capital used to offer fast, lucrative returns for hospitality property owners. However, changing market dynamics mean that Lagos short let profits are under pressure, forcing operators to fundamentally re-evaluate their investment strategies. According…
The National Economic Council (NEC) has approved the refinancing of the $3.3 billion Project Gazelle pre-export credit facility with a new $4.5 billion facility known as ‘Project Gazelle 2’. The approval will allow the Nigerian National Petroleum Company (NNPC) Limited…
With the naira up 0.57 percent in July, analysts fear that a surge in dollar demand and seasonal foreign exchange demand—ranging from summer holiday travel to offshore tuition payments and end-of-quarter importer demands—will test the modest gain. Traders and market…
Creating a safer society requires active public participation and modern security frameworks. In a landmark step toward reforming law enforcement, the Federal Government has officially invited citizens to submit policy recommendations for a comprehensive statutory overhaul. The call for draft…
