economy
Nigeria’s 36 states are projected to receive about N5.07tn from Value Added Tax collections in 2026 following the implementation of a new VAT sharing formula under the National Tax Acts, according to findings from the 2026–2028 Medium-Term Expenditure Framework and Fiscal Strategy Paper approved by the Federal Executive Council. Under the revised framework, which takes […]
Controversial singer Habeeb Okikiola Badmus, also known as Portable, has called out his father, Mr Olalomi, accusing him of taking away his clothes and other personal belongings. In a video broadcast, the Zazu crooner while comparing his dad to late singer Mohbad’s father, claimed that his dad has been after his possessions and properties. Portable […]
Amid its struggles to pay the over N4tn debt owed to power generation companies, the Federal Government incurred a total of N1.98tn in electricity subsidy obligations in 12 months, from October 2024 to September 2025. This was according to the quarterly reports released by the Nigerian Electricity Regulatory Commission. In the fourth quarter of 2024, […]
Tanko was confident of Obi’s chances in securing the ADC ticket, rating it “ten over ten.” National Coordinator of the Obedient Movement Worldwide, Dr. Yunusa Tanko, has affirmed that Peter Obi will not serve as a running mate to any politician within the African Democratic Congress (ADC), emphasizing that Obi remains a leading contender […]
Ogun State Governor, Dapo Abiodun, on Wednesday signed the ₦1.669 trillion 2026 Appropriation Bill into law, marking another milestone in the state’s fiscal planning and development agenda. The governor had earlier, on December 3, 2025, presented the budget—tagged the “Budget of Sustainable Legacy”—to the Ogun State House of Assembly for consideration and approval. The […]
The Ogun State Governor, Dapo Abiodun, in a bid to further strengthen the operational capabilities, administrative stability and guarantee the smooth implementation of government policies across Ministries, Departments and Agencies (MDAs), has approved the appointment of nine new Permanent Secretaries in the Public Service of the State. The appointment was contained in a statement signed […]
President Bola Tinubu has assured Nigerians that 2026 will be a more prosperous year, pledging to sustain the momentum of his administration’s major reforms. In his New Year message on Thursday, Tinubu highlighted the progress made in 2025, including a fiscal reset, steady economic growth, and tangible results from ongoing reforms. “During 2025, we sustained […]
Journalist and politician Aare Dele Momodu has raised alarm over what he calls Nigeria’s drift into “a fanatical, unrestrained form of governance” where oversight institutions have become subordinate to the executive. Momodu made the remarks during an exclusive interview on Frontline, a current afairs programme on Eagle 102.5 FM Ilese, Ijebu, on Wednesday, where […]
Former United Nations Secretary-General, Ban Ki-moon, says Africa holds answers to some of the world’s most urgent problems, especially climate change and sustainable development. He made the remarks on Thursday at the Imo State Economic Summit 2025 in Owerri, with the theme “Unlocking Imo’s Economic Potential: Partnership, Investment, and Innovation.” Ban said Africa’s history of […]
Former British Prime Minister Boris Johnson says he feels safe in Nigeria despite worrying reports he read before his trip. Johnson made the remarks on Thursday in Owerri, the Imo State capital, while speaking at the Imo State Economic Summit 2025 hosted by Governor Hope Uzodimma. “When I decided to come to Owerri, I read […]
Eagle Fm