FirstBank’s MREIF mortgage loan product is an opportunity waiting for Nigerians to grab, as FirstBank, Ministry of Finance Incorporated (MOFI) partner to bridge housing deficit and empower citizens with credit to own their own homes of choice in any 36 states of the federation including Federal Capital Territory (FCT). This laudable initiative considers the importance…
The Dangote Petroleum Refinery has again increased the ex-depot price of Premium Motor Spirit (PMS), commonly known as petrol, to N1,275 per litre, marking the fifth upward review in three weeks. The latest adjustment represents a N100 increase from the N1,175 per litre sold earlier in the month, translating to an 8.5 per cent rise,…
The dream by Nigerians of homeownership is taking a bold new turn and those who move early will gain the most. Through a strategic partnership with the Ministry of Finance Incorporated Real Estate Investment Fund (MREIF), First Bank of Nigeria Limited is unlocking access to one of the most affordable mortgage windows currently available in…
By Chido Onumah & Chiamaka Okafor-Onumah Nigeria and Kenya, two of Africa’s economic powerhouses, will hold general elections in 2027. Nigeria’s election has been slated for January 16, 2027, by the Independent National Electoral Commission (INEC). It will be the eighth general election since military rule came to an end on May 29, 1999, in…
The Nigerian National Petroleum Company Limited (NNPC Ltd.) remitted the full proceeds from Production Sharing Contract (PSC) profits to the Federation Account in February 2026, reflecting the implementation of Executive Order 09 recently signed by President Bola Tinubu, THISDAY has learnt. Figures contained in a document presented at the March meeting of the Federation Account…
Defence Minister, Chris Musa By Oto Drama, PhD LATE General Sani Abacha once famously asserted that if insurgency lasts for more than 24 hours, the government in power is involved. As of March 2026, as Nigeria bleeds from a thousand cuts, that assertion has graduated from a cynical observation to a self-evident truth. The “giant…
The Joint Revenue Board (JRB) has banned the use of roadblocks for tax collection across the country. This is as part of the rollout of new Presumptive Tax Regulations. The regulations were unveiled by the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, as part of efforts to streamline tax administration and…
The management of Benin Electricity Distribution Company (BEDC) has said the poor power supply in Benin and its environs is because of short supply from the national grid. In a notice, the distribution company notified the general public and all market participants that the current average available generation of approximately 4,300MW is primarily due to…
Sustainability has become a critical priority for businesses and governments across the world, driving growth, innovation, and positive change. As the world grapples with climate change, social inequality, and economic uncertainty, organisations are recognising the importance of adopting sustainable practices that balance Environmental, Social, and Governance considerations. In Nigeria, the sustainability agenda has become a…
Bandits operating in parts of Kebbi South have demanded N100 million from Utouno community in Ngaski Local Government Area, threatening to launch an attack if their demand is not met. According to report, the demand was conveyed through a letter addressed to the community leaders. The threat comes amid growing security concerns in parts of…
