Nigeria’s business environment continued to expand in December 2025, marking the twelfth consecutive month of growth. However, according to the latest Business Confidence Monitor by the Nigerian Economic Summit Group (NESG), mounting uncertainty and structural challenges have moderated the pace of growth, reflecting a more cautious business climate. The report, titled “Rising Uncertainty Dampens Nigeria’s

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Electricity Distribution Companies (DisCos) in Nigeria generated a total of N570.25 billion in revenue during the third quarter of 2025, according to the Nigerian Electricity Regulatory Commission (NERC). This performance marks a significant improvement in the collection efficiency and revenue recovery across the country’s power sector during the period. Revenue and Collection Efficiency Performance The

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The Nigerian government, through the National Communications Commission (NCC), is setting its sights on satellite-to-mobile services as part of its draft Spectrum Roadmap for the communications sector from 2025 to 2030. The goal is to expand connectivity to millions of Nigerians in remote and underserved regions, where traditional mobile network infrastructure struggles to reach due

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Pillarcraft Cloud Solutions has been officially accredited as a System Integrator for Nigeria’s e-Invoicing framework under the ongoing tax reform initiative, marking a significant step in the nation’s digital tax administration transformation. This accreditation was granted by the Nigeria Revenue Service (NRS) in collaboration with the National Information Technology Development Agency (NITDA). It places Pillarcraft

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The National Tax Policy Implementation Committee (NTPIC) has outlined the key benefits of the Nigerian Tax Reform Acts 2025, describing it as a pivotal moment in the country’s journey toward achieving a sustainable and dynamic economy. Chairman of the NTPIC, Joseph Tegbe, emphasized that the new tax law represents a comprehensive overhaul of Nigeria’s fiscal

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Sovereign Trust Insurance Plc (STI) has announced the appointment of Dr. Lucas A. Durojaiye as the company’s new Managing Director/Chief Executive Officer (MD/CEO). This appointment follows the retirement of the former MD/CEO, Mr. Olaotan Soyinka, who concluded his 27-year service with the company in December 2025. The announcement was made in a statement signed by

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Leadway Assurance Company Limited has initiated a comprehensive verification process for African Alliance annuitants, following its successful acquisition of the African Alliance Insurance Annuity portfolio. In a statement, Olufunmilayo Amanwa, Executive Director of Technical & Operations at Leadway Assurance, outlined the purpose of the exercise. She emphasized that this validation process is a critical first

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Afrobeats artist Skales has addressed criticism following his testimony at Harvesters Church, where he credited Barcelona’s rising star, Lamine Yamal, for helping reignite his music career. Skales had shared how his 2015 hit “Shake Body” found new attention thanks to Yamal, which he believes played a pivotal role in reviving his career. On X (formerly

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Omoyele Sowore, a Nigerian human rights activist and former presidential candidate, has condemned recent foreign interventions, particularly the U.S. operation in Venezuela, accusing global powers of exploiting nations rich in natural resources under the pretext of humanitarian or security concerns. Sowore voiced his objections in a post on X (formerly Twitter), following the controversial capture

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Communities in Southern Kaduna, particularly those in Kauru Local Government Area, have submitted an urgent petition to Governor Uba Sani and Nigeria’s top security officials, highlighting a disturbing surge in violence that has claimed 16 lives and seen 138 residents kidnapped between late November 2025 and early January 2026. The petition, presented by Comrade Nasiru

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