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Tuesday, August 11, 2026

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  • Business

Economists Reject IMF’s Call For Fuel, Telecom Taxes, Warn FG Against New Burdens

Nigerian economists have urged the Federal Government to ignore the International Monetary Fund’s (IMF) recommendation to impose new taxes on fuel and telecommunications services, warning that such me...

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June 15, 2026
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Abdulsalami Breaks Silence On $500m Abacha Cash Rumour, Speaks On MKO Abiola’s Final Days

Former Head of State, General Abdulsalami Abubakar, has firmly denied long-standing allegations that he received $500 million following the death of late military ruler, General Sani Abacha, describin...

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June 15, 2026
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US Reportedly Set To Unfreeze $12bn For Iran As New Peace Talks Near

Fresh details have emerged about a proposed agreement between the United States and Iran, with reports indicating that Washington could release $12 billion in frozen Iranian assets ahead of a new roun...

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June 15, 2026
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Okpebholo Orders Immediate Probe After Suspected Kidnapping Along Benin Airport Road

Edo State Governor, Monday Okpebholo, has strongly condemned the reported kidnapping of residents along the Vegetable Market axis of Airport Road in Benin City, describing the incident as a disturbing...

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June 15, 2026
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Road Projects Will Drive Economic Growth, Create Jobs — Umahi

Minister of Works, David Umahi, has defended the Federal Government’s massive investment in road infrastructure, saying President Bola Tinubu’s legacy highway projects are designed to boost economic g...

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June 15, 2026
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Bauchi Community Blames Uncompleted Road Project For Deadly Flood Tragedy

Residents of Bara community in Kirfi Local Government Area of Bauchi State have blamed an unfinished road construction project for the devastating flood that killed two people, destroyed homes and lef...

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June 15, 2026
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Mobile Industry Generated Over $810bn In Global Tax Revenue In 2025 — GSMA

The global telecommunications industry contributed more than $810 billion in tax revenue to governments worldwide in 2025, highlighting its growing importance to economic growth, digital transformatio...

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June 15, 2026
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Obasanjo Pushes For National Adire House To Preserve Nigeria’s Indigenous Fabric

Former President Olusegun Obasanjo has called for the creation of a national institution and dedicated infrastructure to preserve and promote Nigeria’s indigenous Adire fabric, warning that the centur...

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June 15, 2026
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Fixed-Income Market Hits N1.06tn As Investors Rush Treasury Bills, OMO Instruments

Nigeria’s fixed-income market recorded a major milestone as total trading volume surged past the N1 trillion mark, reaching N1.06 trillion in a single trading day, according to data released by the Ce...

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June 15, 2026
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Ekiti Disburses N55.6m Grants To 177 Entrepreneurs To Boost Innovation

The Ekiti State Government has begun disbursing N55.6 million in grants to 177 entrepreneurs and innovators across the state under its Innovation Enterprise Support Fund (IESF) initiative. According t...

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June 15, 2026
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