News as it breaks
Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has described Nigeria’s youth as the country’s most valuable asset, urging them to step up and take leadership roles in driving economic stability, innovation, and inclusive growth. Cardoso made the remarks on Friday during the inaugural CBN Governor Annual Lecture…
The Lagos State Government has defended the recent demolition of structures at the Trade Fair Complex in Ojo, insisting that the exercise was based on technical planning violations and not motivated by ethnic bias. Speaking during a television interview on Thursday, the Commissioner for Physical Planning and Urban Development, Olumide Oluyinka,…
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has officially suspended its nationwide strike, following high-level negotiations involving the National Security Adviser and the management of Dangote Refinery. PENGASSAN President, Festus Osifo, announced the development on Wednesday during a press conference in Abuja, saying the suspension was…
Nigeria and Russia are set to strengthen their long-standing bilateral relations through the BRICS Women’s Business Alliance (WBA), with a renewed focus on economic cooperation, women’s empowerment, and inclusive growth. This development was highlighted on Tuesday during a stakeholders’ interactive session hosted at the State House Banquet Hall, Abuja, as…
The National Agency for Food and Drug Administration and Control (NAFDAC) has ordered the immediate removal, suspension, and cancellation of 101 products from circulation in Nigeria. The regulatory move was announced in an official statement released on Tuesday, marking a significant action to uphold public health and safety standards. According…
The Federal Government of Nigeria has clarified that all income earned within Nigeria, including money made by commercial sex workers, social media influencers, and remote workers, will be subject to taxation under the country’s new tax reform laws, set to take effect from January 1, 2026. This was disclosed by…
U.S. President Donald Trump has renewed his threat to impose a 100% tariff on films made outside the United States, blaming foreign countries for what he calls the systematic “theft” of the American movie industry. In a fiery post on Truth Social Monday, Trump accused other nations of draining Hollywood’s…
The Federal Airports Authority of Nigeria (FAAN) has announced that beginning September 29, 2025, all payments at its revenue collection points across Nigerian airports will become fully electronic, in a bold move to promote digital transformation, efficiency, and transparency in airport operations. In a statement released Friday, FAAN confirmed that…
The Federal Inland Revenue Service (FIRS) has called on Nigerians to view tax payment not as a burden, but as a civic responsibility essential to national development. The appeal was made during a one-day sensitisation programme held in Kaduna on Wednesday, themed “The Role of Media in Voluntary Tax Compliance.”…
As the festive season approaches, the Central Bank of Nigeria (CBN) has moved to address the perennial issue of currency scarcity, assuring Nigerians that adequate cash will be available to meet nationwide demand throughout the yuletide period. This reassurance was given during the official flag-off of the Nationwide Sensitization on…
