News

As Ramadan begins, MAGGI has unveiled a multi-layered national campaign anchored on culturally grounded storytelling, consumer value and community engagement. At the heart of the campaign is Tales of Ramadan Season 2, a six-episode drama series that premiered at a star-studded event at EbonyLife Place, Victoria Island, Lagos. The evening …

BY BLAISE UDUNZE Between 2010 and 2026, a staggering $214 billion, approximately N300 trillion in public funds, has been reported as missing, unaccounted for, diverted, unrecovered, irregularly spent, or trapped in non-transparent fiscal structures across Nigeria’s public institutions. That figure is not speculative but a conservative estimate of unaccounted funds. …

  President Bola Ahmed Tinubu, represented by the Secretary to the Government of the Federation Senator George Akume; the Chief of Army Staff, Maj. General Waidi Shaibu represented by the Chief of Administration, Nigeria Army, Major General Isah Mahadi Abdullahi and a host of the other dignitaries on Friday in …

Fast-rising live-learning and creator-economy platform Hallos has called for stronger strategic partnerships with government agencies, educational institutions, development organisations, media houses and private-sector stakeholders to advance the creator economy as a credible engine for mass employment, youth prosperity and inclusive economic growth. The appeal was made during a sensitisation and …

Joseph Tegbe, Chairman of the National Tax Policy Implementation Committee (NTPIC), has emphasized that the success of Nigeria’s recently enacted tax reform framework will rely less on the ambition of its legislation and more on the discipline of its execution. Speaking at the 2026 Leadership Retreat of the Nigeria Revenue …

The Naira appreciated to N1,337 per dollar at the official foreign exchange market on Tuesday, up from N1,344 recorded on Monday. This is according to data from the Central Bank of Nigeria’s (CBN) website on Tuesday. The latest figures show the naira posting its strongest official closing rate since May …

Saudi Arabia on Tuesday officially announced the sighting of the crescent moon, marking the beginning of Ramadan 1447 AH. With the Hilal confirmed, the holy month of Ramadan will begin on Wednesday, February 18, 2026, while Taraweeh prayers will be observed after the Isha prayer on Tuesday night. A post …

  Temi Popoola, GMD/CEO of NGX Group, called for deeper collaboration among regulators, exchanges, and international partners to unlock sustainable capital flows in emergingmarkets, noting the need for stronger ESG disclosure frameworks, policy consistency, and coordinated market infrastructure. Highlighting Nigeria’s progress, he referenced the country’s expanding green and sustainable bond …

  Nigeria’s 5G rollout remains slow, with subscriptions standing at 3.17 per cent as of August 2025, while 4G accounts for 51.22 per cent of total mobile connections. According to the Nigerian Communications Commission (NCC), 2G still represents between 38 and 40 per cent of subscriptions, while 3G usage continues …

BY BLAISE UDUNZE Lagos prides itself as Africa’s commercial nerve centre. It markets innovation, fintech unicorns, rail lines, blue-water ferries, and billion-dollar real estate. Though with the glittering skyline and megacity ambition lies a parallel state, a shadow taxation regime run not from Alausa, but from motor parks, bus stops, …