NEWS
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NELFUND Extends Student Loan Application Deadline After Surge in Demand
The NELFUND application portal had earlier been scheduled to close on February 27, 2026, but Sawyerr explained that strong feedback…
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AEDC, NEDC, Niger State Partner to Deploy Solar Mini-Grids for 180 Communities
Nigeria’s decentralised power reform is gaining momentum as the Abuja Electricity Distribution Company (AEDC) and its subsidiary, the Niger Electricity…
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Nigeria Bans Cash Tax Collection, Roadblocks as New Tax Laws Take Effect
Nigeria has moved decisively to overhaul its tax administration system as the Federal Government announced a nationwide ban on cash…
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Cement Giants Post ₦1.64trn Profit as Nigerians Demand Lower Prices
Together, the three cement companies generated combined profits of approximately ₦1.64 trillion, highlighting the cement sector’s central role in Nigeria’s…
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Tinubu Appoints Taiwo Oyedele as Minister of State for Finance to Drive Fiscal Reforms
President Bola Ahmed Tinubu has nominated Taiwo Oyedele as Minister of State for Finance, marking a significant recalibration of Nigeria’s…
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Nigeria’s Net FX Reserves Jump 772% to $34.8bn – Cardoso
Nigeria’s external balance sheet has undergone one of its most dramatic recalibrations in recent history. The Central Bank of Nigeria…
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Iran Declares Strait of Hormuz Closed: Global Energy Shockwaves Begin
Iran’s declaration that the Strait is closed — accompanied by warnings that it will fire on vessels attempting passage —…
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BUA Cement Surpasses ₦1.18trn Revenue as Profit Jumps 382% in 2025
In a macroeconomic environment defined by FX volatility, energy cost pressures, and tight liquidity, the scale of BUA Cement’s earnings…
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Gulf States Condemn Iran Strikes as Hezbollah Enters Escalation Spiral
In a coordinated response, Gulf governments — alongside the United States — have condemned what they described as “indiscriminate and…
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Trump Signals Four-Week Iran Conflict as U.S.-Israel Military Escalation Intensifies
U.S. President Donald Trump has indicated that the ongoing military confrontation with Iran could extend up to four weeks, suggesting…
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