Minister of the Federal Capital Territory, Nyesom Wike, has ordered an immediate crackdown on the conversion of designated green areas, parks and gardens in Abuja into car dealership lots and other unauthorised commercial facilities. The directive is part of renewed efforts by the Federal Capital Territory Administration to enforce the Abuja Master Plan, protect public … Read more
The Federal Government has said the removal of fuel subsidy and reforms in Nigeria’s foreign exchange market generated an estimated ₦15.8 trillion in additional resources for the federation between June 2023 and December 2025. The Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, disclosed the figure on Wednesday while presenting the Government’s … Read more
The Nigerian Electricity Regulatory Commission has given Kaduna Electricity Distribution Plc a 12-month deadline to improve its operations, reduce electricity losses and close its persistent metering gap as the regulator intensifies efforts to rescue the troubled distribution company. The directive was issued to the newly constituted Interim Board of Special Directors and the Interim Administrator … Read more
Lagos State has received a major boost to its electricity transmission infrastructure following the commissioning of upgraded substations at Ijora and Apapa Road, with the Federal Government adding 208 megawatts of bulk transmission capacity to the national grid. The projects, commissioned on Monday, August 17, 2026, are expected to strengthen electricity delivery to several industrial, … Read more
The Ogun State Government has shut down Quantum Packaging Nigeria Limited, a paper and packaging company in the Agbara area of the State, following allegations that the firm operated an unauthorised dumpsite and engaged in open-air burning of waste. The enforcement action was carried out by the Ogun State Waste Management Authority (OGWAMA) at the … Read more
Nigeria’s monthly revenue-sharing figures have crossed a new threshold under President Bola Tinubu’s administration, with Finance Minister and Coordinating Minister for the Economy, Taiwo Oyedele, attributing the increase to reforms introduced by the Federal Government. Oyedele said the Federation Account Allocation Committee, FAAC, now distributes more than ₦2 trillion to the three tiers of Government … Read more
Egypt has lifted a two-week restriction that prevented empty Iraqi trucks from entering the country, allowing privately operated Iraqi vehicles to resume crossing into Egyptian territory from Monday, August 17, 2026. The development ends a disruption that had affected road freight operations between Iraq and Egypt since August 1 and followed diplomatic engagement between Iraqi … Read more
The Made in China Goods Traders’ Association of Nigeria has asked the Chinese Consulate in Lagos to support a range of initiatives covering healthcare, artificial intelligence, education and international trade. The Association made the appeal in a letter signed by its National President, Oluwole Adigun, and addressed to the Consul-General of China in Lagos, Mrs. … Read more
Music executive, Damilola “Dapper Damm” Akinwunmi, has responded to the financial allegations surrounding his dealings with some former artistes, including Seyi Vibez and Shallipopi, insisting that the records needed to establish the truth are already with the relevant authorities. Dapper Damm addressed the controversy in a series of posts on X on Sunday, August 16, … Read more
The Federal Ministry of Finance has come under scrutiny over unresolved financial issues contained in the Nigeria Extractive Industries Transparency Initiative’s audit of the oil and gas sector, with officials pointing to difficulties in obtaining records from key petroleum agencies, particularly the Nigerian National Petroleum Company Limited. The disclosure was made on Thursday, August 13, … Read more