The Federal Government (FG) is projected to fall short of its 2025 revenue target by about ₦30 trillion, according to Wale Edun, the Minister of Finance and Coordinating Minister of the Economy. Edun disclosed this yesterday in Abuja while appearing before the House of Representatives committees on finance and national planning during an interactive session on the 2026–2028 Medium-Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP). He said the…

However, unlike a new law on pet abduction introduced in England, Scotland’s does not cover cats.

Members of the Nigeria Labour Congress (NLC) have begun protest at the NLC Secretariat in Abuja over the worsening insecurity across the country. Among those present include the NLC President, Joe Ajaero, Omoyele Sowore and members of the Revolution Now Movement, in support of the NLC However, security personnel have been deployed to maintain law and order in the vicinity. The NLC had linked reason for the protest to worsening…

The government of the United Kingdom will invest £120m as a support plan for the Grangemouth industrial complex. A contribution of £30m by Owners Ineos will be added to the joint investment deal. According to the government, the deal will save the Grangemouth plant which is the UK’s last ethylene plant. Standing near the Grangemouth oil refinery, the plant employs about 500 people in the production of plastics. The firm…

The Chief Executive Officer of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Engr. Farouk Ahmed, has denied allegations of corruption and financial impropriety, describing them as misleading and driven by vested commercial interests threatened by ongoing reforms in the downstream petroleum sector. In a statement issued on Monday, Ahmed said he welcomed scrutiny of his finances and formally invited anti-graft agencies to investigate claims surrounding the funding of…

Africa’s richest man and President of Dangote Group, Aliko Dangote, has formally petitioned the Independent Corrupt Practices and Other Related Offences Commission (ICPC) over alleged corruption, financial impropriety and abuse of office by the Chief Executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Farouk Ahmed. The petition, dated December 16, was submitted through Dangote’s legal counsel, Ogwu James Onoja (SAN), and received by the ICPC Chairman, Dr…

President Bola Ahmed Tinubu on Tuesday night held a closed-door meeting with leaders of the Nigeria Labour Congress (NLC) at the State House in Abuja, in an apparent move to address labour concerns ahead of the union’s planned nationwide protest over rising insecurity. The high-level engagement, which took place late in the evening, was attended by several senior government officials, including the Chairman of the Progressive Governors’ Forum and Governor…

The United Kingdom has sealed a new trade agreement with South Korea aimed at boosting the export of cars, including cars, Scottish salmon, and Guinness canned in Britain. This comes after deals with India, the US and the free trade agreement with the EU clinched this year by the UK UK Prime Minister, Keir Starmer has described the deal as “a huge win for British business and working people”. According…

President Bola Tinubu has reaffirmed his administration’s unwavering resolve to mobilise all military and law enforcement assets to crush security threats and protect the lives of all Nigerian citizens. The President made this declaration yesterday while declaring open the Chief of Army Staff Annual Conference 2025 at Nebo Hall, Abalti Barracks, in Ojuelegba, Lagos.  Represented by Vice President Kashim Shettima, the President identified security as a central pillar of his…

The National Emergency Management Agency (NEMA), Gombe Operations Office, has confirmed its intervention in a fire outbreak that gutted parts of the Timber Market in Gombe metropolis. In a statement posted on its X (formerly Twitter) page on Tuesday, the agency said the incident occurred on Monday, December 15, 2025, at about 8:00 p.m. READ ALSO Man who lost two sons to inferno in Rivers begs for wife’s life Federal…

Petroleum importers and marketers in Nigeria are facing heavy financial losses following an aggressive price reduction by the Dangote Petroleum Refinery, which has triggered an intense price war in the downstream oil sector. Industry sources estimate that oil marketers are collectively losing as much as ₦102.48 billion monthly as they struggle to compete with Dangote Refinery’s sharply reduced petrol prices. The refinery recently slashed its gantry price from ₦828 per…

The Nigerian Senate has directed the National Security Adviser (NSA) to investigate the circulation of false reports alleging that Senate President Godswill Akpabio suffered a health emergency and was rushed to a hospital in London. The resolution was adopted during plenary on Tuesday following a point of order raised by Senator Titus Zam, who condemned the spread of what he described as deliberate misinformation across social and digital media platforms.…