Nigeria Records Over 4% Growth as Inflation Falls — Minister
By Oluwakemi Kindness Nigeria’s economy has recorded growth above four per cent while inflation has fallen sharply, according to the Minister of Industry, Trade and Investment, Dr. Jumoke Oduwole. The minister spoke during an interview with CNN on the sidelines of the World Economic Forum (WEF) in Davos, Switzerland. Oduwole said the improvement reflects the […]
Nigeria Must Chase Global Investors to Create Jobs – Okonjo-Iweala
By Oluwakemi Kindness The Director-General of the World Trade Organisation (WTO), Dr. Ngozi Okonjo-Iweala, has urged the Nigerian government to deliberately target global investors and supply chain relocations to cut import dependence, boost local manufacturing, and create jobs. She spoke on Wednesday at Nigeria House during the World Economic Forum in Davos. Speaking at a […]
WCO, World Bank Train Nigeria Customs on Post-Clearance Audit
By Oluwakemi Kindness The Nigeria Customs Service (NCS), in partnership with the World Customs Organisation (WCO) and the World Bank Group (WBG), has commenced the WCO Accelerate Trade Facilitation Programme, aimed at strengthening customs modernisation, enhancing compliance, and improving trade facilitation in Nigeria. The programme, which began on Monday, 19 January 2026, focuses on reviewing […]
Nigeria food crisis: Private farm expands hatchery to boost supply
By Chinedu Echianu Nigeria’s struggle with food insecurity has pushed prices higher and increased dependence on imported food. Rising insecurity has also made the situation worse, with banditry and insurgency disrupting farming in many northern food-producing areas. Against this backdrop, CSS Integrated Farms, a private agribusiness venture, says it is helping to close the gap […]
FCTA, FCDA Workers Strike,Shut Down Operations
By: Aremu Toyeebaht Workers of the Federal Capital Territory Administration (FCTA) and the Federal Capital Development Authority (FCDA) began an industrial action on Monday, bringing government operations across Abuja to a halt. Security personnel from the Nigeria Security and Civil Defence Corps and the Nigeria Police Force were stationed at the FCTA Secretariat gate, preventing […]
VAT on Bank Charges Not New – NRS
By Oluwakemi Kindness The Nigeria Revenue Service (NRS) says Value-Added Tax (VAT) on bank charges is not a new policy and was not introduced by the Nigeria Tax Act. In a statement issued on Thursday, the Service describes claims of a fresh VAT burden on banking transactions as inaccurate. It clarifies that VAT has long […]
Budget Clarifies NEDC ₦246Bn Allocation, Debunks Salaries Claims
By Oluwakemi Kindness The Budget Office of the Federation (BOF) has rejected recent claims that the North East Development Commission (NEDC) operates a ₦246 billion salaries budget, describing the allegation as misleading and based on a misunderstanding of Nigeria’s federal budgeting process. Director-General of the Budget Office, Tanimu Yakubu, explained that the ₦246.77 billion figure […]
TUC Gives Health Ministry 7-Day Ultimatum Over ‘No Work, No Pay’ Policy
By Chinedu Echianu The Trade Union Congress of Nigeria (TUC) has issued a seven-day ultimatum to the Federal Ministry of Health and Social Welfare to withdraw a circular enforcing the “No Work, No Pay” policy. It is also requesting that salaries of members of the Joint Health Sector Unions (JOHESU) be immediately restored. In a […]
Nigeria – EU Set to Deepen Strategic Ties, Cooperation in 2026
By Zainab Bakare The Federal government and the European Union have moved to deepen their strategic partnership. Both sides hits that they plans for expanded cooperation and higher-level engagement in 2026. The renewed push underscores a shared commitment to strengthening political, economic and security ties. According to a statement by the ministry’s spokesperson, […]
Nigeria, Netherlands Strengthen Partnership on Trade, Security Development
By Zainab Bakare The Federal Government and the Kingdom of the Netherlands have agreed to deepen their strategic partnership. The partnership signals a renewed commitment to closer cooperation in key economic, security, and development areas. The development is confirmed in a statement by the Ministry of Foreign Affairs spokesperson, Kimiebi Ebienfa. The agreement followed […]