23 h. ago Leadway Assurance grows revenue to N173.2bn, pays N117bn in claims

By Henry Uche Leadway Assurance Company Limited has announced a leap in its financial performance for the year ended December 31, 2024, with insurance revenue rising to N173.2 billion, marking a 51 percent increase from N114.4 billion in 2023. The company’s revenue growth highlights its good position in Nigeria’s insurance industry and its continued contribution […] The post Leadway Assurance grows revenue to N173.2bn, pays N117bn in claims appeared first on The Sun Nigeria.

Politics

64 h. ago Nigerian Gov’t Condemns Israeli ‘Preemptive Attack’ On Iranian Territory, Calls For Immediate Ceasefire

The Federal Government of Nigeria has condemned a preemptive Israeli strike on Iranian territory earlier this week that triggered retaliatory missile attacks from Tehran. In a strongly worded press release issued Saturday by the Ministry of Foreign Affairs, the Federal government expressed “grave concern” over the spiraling hostilities, urging both nations to halt further military […]

Politics

5 d. ago MultiChoice Nigeria’s subscription revenue drops 44% to $197m as customer base shrinks

Multichoice Nigeria’s subscription revenue fell to $197.74 million (ZAR3.5 billion) in the full year ending March 2025 from $355.93 million read more MultiChoice Nigeria’s subscription revenue drops 44% to $197m as customer base shrinks

Economics

5 d. ago Cultural diplomacy: Centre for Black and African Arts and Civilization  pushes for African unity

From Zika Bobby The Centre for Black and African Arts and Civilization (CBAAC), in collaboration with the Nigerian Ministry of Foreign Affairs, recently organised a symposium themed: “Cultural Diplomacy and African Unity: Promoting Pan-African Intercultural Dialogue.” Held in Abuja, the event brought together key stakeholders to explore the role of culture in fostering African unity […] The post Cultural diplomacy: Centre for Black and African Arts and Civilization  pushes for African unity appeared first on The Sun Nigeria.

Politics

7 d. ago Foreign Affairs minister, BDAN Chairman urge cryptocurrency taxation to boost Nigeria’s revenue

Tribune Online Foreign Affairs minister, BDAN Chairman urge cryptocurrency taxation to boost Nigeria’s revenue Prominent voices in Nigeria’s economic and policy space have renewed calls for the taxation of cryptocurrencies, underlining the need for comprehensive regulatory frameworks to manage the rise of digital assets. Nigeria’s Minister of Foreign Affairs, Ambassador Yusuf M. Tuggar, and the Chairman of the Bank Directors Association of Nigeria (BDAN), Mr. Mustapha Chike-Obi, made separate […] Foreign Affairs minister, BDAN Chairman urge cryptocurrency taxation to boost Nigeria’s revenue Tribune Online

Politics

9 d. ago Foreign Minister Advocates Collaboration Among West African States For Regional Integration

Nigeria’s Foreign Affairs minister, Ambassador Yusuf Tuggar, has advocated collaboration among West African States for a greater economic and regional integration by leveraging its shared market potential and demographic advantages. The minister made the assertion during a Private Sector Roundtable in Lagos, as part of the build-up to the West Africa Economic Summit (WAES), which […]

Politics

1 week ago Europe Will Never Leave Africa, We Must Negotiate To Our Benefit– Prof Akanbi

At the Annual Pan-African Intercultural Dialogue organized by the Center for Black, African Arts and Civilization (CBAAC) in collaboration with the Ministry of Foreign Affairs, culture experts have urged African countries to leverage on their shared values of language and communalism to unite the continent. They recommended negotiating with European countries who are never going […]

Politics

1 week ago Tuggar tasks West Africa countries on economic development through 400m population

Yusuf Tuggar, Nigeria’s Minister of Foreign Affairs, has tasked West African nations to tap its population of over 400 million read more Tuggar tasks West Africa countries on economic development through 400m population

Politics

1 week ago Tugger urges W/Africa countries to tap over 400m population for economic development

Yusuf Tuggar, Minister of Foreign Affairs, has tasked West African nations to tap their population of over 400 million for read more Tugger urges W/Africa countries to tap over 400m population for economic development

Politics

2 w. ago Ministerial appointment: Bianca Ojukwu leads Nnewi elders on Thank You visit to Soludo

From Aloysius Attah, Onitsha Nigeria’s Minister of State for Foreign Affairs, Ambassador Bianca Ojukwu has led a delegation of some leaders of Nnewi community on a ‘thank you’ visit to Anambra State Governor, Prof Chukwuma Soludo for the role he played in her appointment as minister. Governor Soludo who disclosed the visit in a post […] The post Ministerial appointment: Bianca Ojukwu leads Nnewi elders on Thank You visit to Soludo appeared first on The Sun Nigeria.

Politics

2 w. ago Nigeria loses $8.8bn in annual revenue to informal sector — AfDB

Tribune Online Nigeria loses $8.8bn in annual revenue to informal sector — AfDB Nigeria’s large informal economy has deprived the nation of approximately $8.8 billion in annual revenue that could have been generated through taxation of informal businesses. This is contained in the latest African Development Bank (AfDB) 2025 African Economic Outlook report, which states that while informal businesses contribute significantly to economic activity and employment, much of […] Nigeria loses $8.8bn in annual revenue to informal sector — AfDB Tribune Online

Politics

2 w. ago Earnings For One Million Streams In Nigeria Is Far Less Than In Sweden – Tems’s Manager

Muyiwa Awoniyi, the manager of Grammy-winning artist Tems, has drawn attention to the disparity in streaming revenue between Nigeria and other regions across the globe. In a recent interview on the Afrobeats Intelligence podcast, Awoniyi explained that Nigeria’s low streaming revenues are largely due to the country’s affordable subscription prices and its challenging economic conditions. […] The post Earnings For One Million Streams In Nigeria Is Far Less Than In Sweden – Tems’s Manager appeared first on Information Nigeria.

Politics

2 w. ago Tinubu Signs Executive Order To Cut Oil Project Costs, Boost Revenue

President Bola Tinubu has signed a new Executive Order aimed at reducing the cost of upstream oil and gas projects in Nigeria, a measure designed to attract fresh investment and improve government revenues. Titled the ‘Upstream Petroleum Operations Cost Efficiency Incentives Order, 2025,’ the directive introduces performance-based tax incentives for oil and gas companies that […]

Politics

2 w. ago “81% Of Nigerians Don’t Pay Tax” – FG Laments, Calls For More Awareness From Grassroot

Chairman of the Federal Inland Revenue Service, Zacch Adedeji, has lamented over low compliance of Nigerians in tax payment. Speaking on Wednesday at the launch of a book, titled ‘Taxation: Essential Knowledge for Nigerian Children by the FIRS, Adedeji noted that only 19 percentage of citizens in the country pay their tax. The FIRS’ boss […] The post “81% Of Nigerians Don’t Pay Tax” – FG Laments, Calls For More Awareness From Grassroot appeared first on Information Nigeria.

Economics

2 w. ago Tax Wars: When do penalties and interest really begin to count?

FEDERAL INLAND REVENUE SERVICE v. MTN NIGERIA COMMUNICATION PLC FEDERAL HIGH COURT (LAGOS DIVISION) (A. O. FAJI, J) FACTS This read more Tax Wars: When do penalties and interest really begin to count?

Politics

2 w. ago B’Odogwu facilitates N230bn revenue for PTML Customs in eight months

Tribune Online B’Odogwu facilitates N230bn revenue for PTML Customs in eight months THE Unified Customs Management System also known as B’Odogwu has facilitated N230billion revenue at the Ports and Terminal Multiservices Limited (PTML) Command since its commencement in October 2024. The Customs Area Controller (CAC), of the Command, Comptroller Tenny Daniyan, who disclosed this during a courtesy visit by the Shipping Correspondents Association of Nigeria (SCAN) described […] B’Odogwu facilitates N230bn revenue for PTML Customs in eight months Tribune Online

Politics

2 w. ago Inefficiency in Nigeria’s social sector: A crisis with human consequences

In Nigeria, the story of inefficiency is not just one of lost revenue or abandoned projects — it is a read more Inefficiency in Nigeria’s social sector: A crisis with human consequences

Politics

2 w. ago Hope not lost on Burkina Faso, Mali, Niger’s return to ECOWAS, says Tuggar

As the Economic Community of West African States (ECOWAS) marks its 50th anniversary, Yusuf Tuggar, Nigeria’s Minister of Foreign Affairs, read more Hope not lost on Burkina Faso, Mali, Niger’s return to ECOWAS, says Tuggar

Politics

3 w. ago FIRS Chairman applauds Makinde for 145.5% growth in Oyo’s revenue

• Gov Declares 157th Joint Tax Board Meeting Open in Ibadan From Taiwo Oluwadare, Ibadan Governor Seyi Makinde of Oyo State has received high praise from the Executive Chairman of the Federal Inland Revenue Service (FIRS), Dr. Zacch Adedeji, for his administration’s significant impact on the state’s Internally Generated Revenue (IGR). Speaking at the opening […] The post FIRS Chairman applauds Makinde for 145.5% growth in Oyo’s revenue appeared first on The Sun Nigeria.

Politics

3 w. ago Residential power users bear brunt as big consumers shun grid

Large commercial and industrial consumers, once the bedrock of Nigeria’s power revenue, are increasingly turning away from the inefficient national read more Residential power users bear brunt as big consumers shun grid

Politics