FG Orders Suspension Of Land Allocation Along Lagos-Lagoon Shoreline

The Federal Government has ordered an immediate suspension of all land allocations and reclamation activities along the Lagos Lagoon shoreline, including Banana Island. The suspension is among sweeping reforms the government has adopted to restore order and curb environmental degradation along the nation’s coastline and other areas. The move followed a directive from President Bola […]

Reforms Fuel Insurance Stock Rally

The Nigerian equities market yesterday extended its bullish streak to 26 days, with investors gaining N479 billion. Reforms in the industry have fuelled a rally in insurance stocks, contributing to the equities market’s impressive performance. This is as the NGX Insurance lead the sectoral indices with a gain of 8.8 per cent. The All-Share Index […]

16,000 Telecom Sites Risk Shutdown Over Diesel Shortage –Operators

Nigeria’s telecommunications sector faces a severe crisis as a diesel supply shortage threatens to force the shutdown of approximately 16,000 telecom sites nationwide. The Association of Licensed Telecommunications Operators of Nigeria (ALTON), which issued a warning about a looming national communications blackout, said this was caused by disruptions to the supply of diesel, a critical […]

NIMC Cautions Nigerians On NIN Self-Service Portal Access

The National Identity Management Commission (NIMC), has issued a public advisory outlining critical access protocols for users of its self-service portal for National Identification Number (NIN) data modification. Reacting to this, the head of the Corporate Communications Unit at NIMC, Dr. Kayode Adegoke, said the measures were designed to safeguard and protect the identity of […]

1,000 Fibre Cuts Weekly Threaten Economic Stability, NCC Warns

The Nigerian Communications Commission (NCC) has raised a red flag over what it describes as the systematic sabotage of telecommunications infrastructure nationwide. Over 1,000 fibre optic cable cuts, 545 access denials, and nearly 100 theft cases are recorded weekly across the country. Speaking in Lagos at an event themed “Critical National ICT Infrastructure and Industry […]

Implementation Of Tax Reform Act Could Cripple Domestic Airlines –Operators

Indigenous airline operators have cautioned that implementing the newly signed Nigerian Tax Reform Act 2025 could cause their operations to collapse within 48 hours. The vice president of Airline Operators of Nigeria (AON), Dr. Allen Onyema, warned that the Act’s provisions—particularly the introduction of Customs duty and a 7.5 per cent Value Added Tax (VAT) […]