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Friday, January 2, 2026

Economy

December 30, 2025

No deadline extension for insurance recapitalisation: NAICOM

The commissioner said the deadline was mandated by the Nigerian Insurance Industry Reform Act (NIIRA, 2025).

NAICOM
December 30, 2025

New tax laws to commence January 1 as planned: Tinubu

“The reforms are a once-in-a-generation opportunity to build a fair, competitive, and robust fiscal foundation for our country,” Mr Tinubu said.

President Bola Tinubu
December 30, 2025

Power supply restored to all parts of Nigeria after grid collapse: NISO

According to NISO, investigations into the cause and sequence of events leading to the system disturbance are currently ongoing.

Nigerian Independent System Operator
December 30, 2025

Customs seizes over 700 donkey skins in Adamawa

The Nigerian Customs Service has seized 718 pieces of donkey skin with a duty-paid value of over N24 million in Mubi, Adamawa.

Donkey skins and Tramadol
December 30, 2025

ATCON forecasts major growth in 2026 for telecom sector

President of ATCON, Tony Emoekpere, gave a comprehensive outlook of the industry in 2026 while speaking with journalists in Lagos.

GLO; MTN; AIRTEL; 9MOBILE
December 30, 2025

FG to position dairy business as competitive sector

“The average Nigerian cow produces only one to two litres of milk per day, compared to global averages of 20 to 30 litres under improved management systems,” said Ms Akujobi.

Dairy Farm used to illustrate this story (Credit: Business Post)
December 30, 2025

Hundreds of Iranians continue protest against inflation, collapse of currency

President Masoud Pezeshkian has appointed Abdolnaser Hemmati as the new central bank governor to douse tensions, but citizens remain defiant.

Iranian protesters
December 29, 2025

Anambra, Zamfara adopt new tax reforms ahead of January 1 deadline

Messrs Soludo and Lawal said early implementation of the tax laws will benefit small and medium-scale entrepreneurs.

Governor Charles Chukwuma Soludo of Anambra State and Zamfara Governor Dauda Lawal
December 29, 2025

Kano assembly passes N1.47 trillion 2026 budget

The assembly is expected to transmit the budget to Mr Yusuf for assent in line with constitutional provisions.

Kano State House of Assembly
December 29, 2025

Gov. Aiyedatiwa signs 2026 budget of N524 billion into law

The governor said the budget was a strategic blueprint designed to respond effectively to prevailing national economic realities.

Governor Lucky Aiyedatiwa