Business

Oyedele at UNGA: ‘Africa needs affordable capital to finance infrastructure’

The Minister of Finance and Coordinating Minister of the Economy, Mr. Taiwo Oyedele, has called for a major shift in the global approach to financing Africa’s development, urging the international community to make affordable, long-term capital available for infrastructure and energy projects across the continent. Oyedele, who made the call at the United Nations Dialogue […]
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Digital postcode to transform commerce, security, cut delivery costs — Tijani

By Progress Godfrey The Federal Government has said Nigeria’s Digital Alphanumeric Postcode System, scheduled for launch this year, will transform commerce, strengthen security and significantly reduce delivery costs nationwide. Speaking at the National Digital Alphanumeric Postcode System workshop in Abuja, Minister of Communications, Innovation and Digital Economy, Dr. Bosun Tijani, described the initiative as critical […]

TCN expresses concern over rising cases of vandalism in Niger State

By Obas Esiedesa, Abuja The Transmission Company of Nigeria (TCN) has raised concerns over increasing vandalism of power transmission infrastructure in parts of Niger State, warning that the trend poses serious economic, safety and electricity supply challenges. Speaking during a community engagement visit to Lambata in Gurara Local Government Area yesterday, the General Manager, Transmission, Abuja […]

Revenue from VAT, CIT falls 6% to N3.79trn in Q1’26

By Elizabeth Adegbesan Revenue generated from Value Added Tax, VAT,  and Company Income Tax, CIT,  fell year-on-year (YoY) by 6.2 percent to N3.79 trillion  in the first quarter of 2026 (Q1’26) from N4.04 trillion in Q1’25. The National Bureau of Statistics, NBS,  disclosed this in its report on VAT and CIT for Q1’26 , which showed […]

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