For much of the past year, Nigerian fuel marketers had been operating against a relatively stable backdrop of ex-depot petrol prices hovering around N1,075 per litre, an uneasy equilibrium that consumers and logistics operators had grudgingly accepted as the new…
It started with a football, a phone camera, and a stubbornness that most adults would have abandoned by week three. Sajjad Yusuff, a 12-year-old Nigerian footballer who goes by @SAJJ_Y19 on Instagram, decided that if Adidas would not come to…
Picture ₦13.2 million sitting in an account, untouched, for the better part of four years. No hospital built with it. No disease outbreak contained by it. No community protected because of it. That is precisely what happened in Adamawa state,…
Thousands of Nigerians have lost their savings after the NRC investment scheme collapsed without warning, trapping millions of naira and leaving investors with no recourse. The platform, which operated under the name National Reading Culture, went dark earlier this month,…
Nigeria’s pension framework has been running on legislation that nobody has touched since 2014. That changes now. The National Pension Commission has formally launched a review of the Pension Reform Act, and its Director-General, Omolola Oloworaran, made clear on Tuesday…
The Demand That Changes the Scope of the Emefiele Trial Jim Obaze, the special investigator appointed by President Bola Tinubu to probe activities at the Central Bank of Nigeria, has made a striking demand before a Federal Capital Territory High…
A Ghost Agency at the Heart of Government Adeniyi Adeyemi has spent months presenting himself as the Director-General of the Presidential Foreign Intervention Promotion Council (PFIPC) — an agency the presidency insists does not exist. Photos of him alongside prominent…
The Economic and Financial Crimes Commission has recovered a staggering ₦38.66 billion linked to the alleged diversion of funds meant to rehabilitate Nigeria’s long-broken refineries. The figure combines over ₦9.4 billion in cash, $21.2 million in foreign currency — equivalent…
The Lagos State Electricity Regulatory Commission (LASERC) has reminded electricity consumers that licensed providers are generally not permitted to recover electricity charges that are more than 12 months old. In a consumer awareness notice, the commission said the restriction is…
Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, has said the country’s biggest tax challenge is expanding the number of people and businesses paying taxes rather than increasing tax rates. Speaking in Abuja during a meeting…