The Centre for the Promotion of Private Enterprise (CPPE) has called on the House of Representatives to reject the Sugar-Sweetened Beverage (SSB) Tax Bill recently passed by the Senate. The group said the proposed legislation could hurt manufacturing, discourage investment, and put jobs at risk. The call comes as pressure mounts on the lower chamber …
Corporate Accountability and Public Participation Africa (CAPPA) has welcomed the Senate’s passage of a bill seeking to reform Nigeria’s tax regime on Sugar-Sweetened Beverages (SSB), calling on the House of Representatives to follow suit. In a statement issued on Wednesday and signed by its Media and Communications Officer, Robert Egbe, the organisation described the move …
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced that the 2026 Licensing Round will officially kick off in the third quarter (Q3) of 2026. This follows formal approval from the Minister of Petroleum Resources, in strict alignment with the provisions of the Petroleum Industry Act (PIA). The announcement was made by the Commission Chief …
The Central Bank of Nigeria (CBN) has undertaken a major leadership reshuffle, redeploying all four of its deputy governors in a move aimed at strengthening coordination across key directorates and aligning responsibilities with the bank’s evolving priorities. The changes, which took effect on June 1, 2026, were reflected in updated profiles published on the apex …
The Minister of the Federal Capital Territory, Nyesom Wike, has criticised the African Democratic Congress (ADC) and the Nigeria Democratic Congress (NDC) over controversies that followed their congresses and primary elections, saying the developments have exposed the parties' claims of offering a better political alternative. Speaking during his monthly media briefing in Abuja on Monday, …
Senior regulators from across Nigeria's financial and telecoms sectors have called for deeper cross-agency collaboration to tackle rising payment fraud and digital exclusion, warning that no single institution can deliver the country's digital economy ambitions alone. Speaking at the launch of the Payment System Vision 2028 (PSV 2028) in Abuja, the Executive Vice Chairman of …
The United States is ramping up efforts to expand digital connectivity in West Africa with plans to support the deployment of approximately 1,500 mobile communications base stations across Nigeria, Benin, Côte d’Ivoire and Ghana. The initiative, driven by the United States Trade and Development Agency (USTDA), is aimed at improving internet and mobile network access …
The Federal Road Safety Corps (FRSC) has arrested 1,691 traffic offenders in a five-day nationwide enforcement exercise aimed at strengthening compliance with road safety regulations and reducing crashes across the country. The operation, codenamed 'Operation Guduma', was carried out simultaneously across key transport corridors in 11 states, targeting dangerous driving practices and vehicle-related infractions. FRSC …
Former Nigerian President Olusegun Obasanjo has revealed that he has lived with diabetes for more than four decades, saying the condition remains incurable but can be effectively managed through discipline and healthy living. Obasanjo made the disclosure on Sunday at the launch of the “Lagos to the World” expedition, where he spoke about the importance …
The Alliance for Economic Research and Ethics has criticised the Presidency's 'Nigeria's Energy Sector Reforms: A Three-Year Review (2023–2026)' report, describing the document as a political communication exercise that overstates progress while overlooking major challenges facing the country's energy sector. In a statement titled 'A House Built on Sand: The Illusion of Progress in Nigeria's …
