Three companies under Dangote Group strengthen their gas supply agreement with units of Nigerian National Petroleum Company Ltd (NNPC Ltd). These agreements aim to support their growth strategies while aligning with Nigeria’s transition to cleaner energy and industrialization. The announcement made during the launch of the Nigeria Gas Master Plan 2026 in Abuja on Friday….
Peter Obi, former presidential candidate of the Labour Party, has criticised the federal government’s budgeting approach, warning that Nigeria is sliding into fiscal opacity. He said overlapping budgets have weakened transparency and undermined fiscal discipline. Overlapping Budget In a post on X on Monday, Obi questioned which budget Nigeria is currently implementing. His comment followed…
First HoldCo Plc Chairman Femi Otedola has attributed the decline in profit for 2025 at First HoldCo to a planned N748 billion one-time impairment aimed at writing off bad loans on the balance sheet and strengthening the bank. Otedola provided this clarification in a statement shared on his X page. This situation arose because the…
Kevin Warsh, nominated by US President Donald Trump to lead the Federal Reserve, may increase pressure on the Nigerian naira. Trump announced Warsh’s nomination on Friday. He is expected to replace current Fed Chair Jerome Powell when his term ends in May. Almost immediately, financial markets reacted. Dollar strengthens on Warsh nomination Following the announcement,…
Governor Chukwuma Charles Soludo met with market leaders from across Anambra State in Awka. He aimed to address the recent closure of Onitsha Main Market and the ongoing Monday sit-at-home practice that hurt business in the Southeast. Soludo declared that all markets and shops must open every working day, including Mondays. Directive for Full Operations…
Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has called on Nigerians to comply with the law by filing their annual tax returns before the March 31 deadline. He said both employers and individual taxpayers have a legal obligation to file returns, regardless of income level. Oyedele said this during…
Governor Chukwuma Soludo announced the temporary closure of Onitsha Main Market for one week. He cited traders’ continued observance of Monday sit-at-home protests. These protests supported the detained IPOB leader, Nnamdi Kanu. Traders reacted with anger. They staged protests and defied the order. Many waved Biafran flags and chanted in support of Kanu. IPOB Responded…
Governor Chukwuma Soludo took decisive action on January 30, 2026. He ordered the immediate remodelling of Onitsha Main Market. This decision followed a one-week closure of the market. The Initial Closure Authorities closed the market earlier that week. Soludo visited the site on January 27 and found shops locked due to the sit-at-home order. He…
Professor Chukwuma Soludo, governor of Anambra state, has defended the closure of Onitsha Main Market. He said the decision was necessary to protect the state’s economy. Soludo spoke on Thursday in Awka during a press conference. He said the government shut the market after traders failed to open their shops on Monday. Why the Market…
The tax reform bill signed into law by President Bola Tinubu has sparked fresh controversy. Ali Ndume, the senator representing Borno South, says the version signed by the president differs from the one passed by the National Assembly. Ndume made the claim on Wednesday while speaking on Prime Times, a current affairs programme on Arise…
