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SSB tax threatens 33% manufacturing output, 1.5m jobs — MAN

•Promote healthy consumption without harming businesses — ACCI By Yinka Kolawole & Progress Godfrey Opposition to the proposed increase in excise duties on sugar-sweetened beverages (SSBs) intensified yesterday as the Manufacturers Association of Nigeria (MAN) and the Abuja Chamber of Commerce and Industry (ACCI) warned of severe economic consequences. MAN cautioned that the proposed levy could […]

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UBA wins 2026 ‘Banker Technology’ award for AI innovation, launches upgraded app

United Bank for Africa (UBA) Plc, has been named the winner of the African category at the 2026 Banker Technology Awards, recognised for its innovations in digital payments, e-business, and the use of artificial intelligence to drive seamless cross-border banking across more than 20 African markets. In its assessment of UBA’s winning entry, The Banker noted […]

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IMF counsels FG against $5bn UAE loan, seeks higher taxes

•Says 63% of Nigerians live in poverty By Emma Ujah, Abuja Bureau Chief The International Monetary Fund (IMF) has advised the Federal Government against the proposed $5 billion loan from the First Abu Dhabi Bank (FADB) of the United Arab Emirates, warning that the financing arrangement carries significant risks. Speaking during the Nigeria 2026 Article IV […]

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June 12: How to deepen Nigeria’s democracy —Akpabio, Falana, others

THE Senate President, Godswill Akpabio; rights activist, Mr Femi Falana, SAN; the Executive Secretary of the National Human Rights Commission, NHRC, Mr Tony Ojukwu, SAN; a retired Justice of the Supreme Court, Justice Abdu Aboki, yesterday, proffered ways of deepening Nigeria’s democracy to ensure credible elections that produce leaders capable of delivering democratic dividends to the people.

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Strait of Hormuz could be opened in 2, 3 days, if… —Trump

By Nkiruka Nnorom with agency report The US President, Donald Trump, has said the peace deal with Iran is in its final stages and suggested that the strait of Hormuz could open up in two or three days if an agreement with Tehran is secured. “It will open up immediately upon signing,” he told reporters […]

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Primaries: Lagos APC sues for calm over alleged imposition

The leadership of the All Progressives Congress, APC Lagos chapter, has urged aggrieved aspirants over alleged imposition and false results at the just concluded primary elections, held in the state ahead of the 2027 general polls to remain calm and embrace peaceful resolution through the Appeals Committee set up for the purpose.

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Capital market: ASHON Chairman hails CSCSsettlement cycle

urges brokers to strengthen liquidity management By Peter Egwuatu The Chairman of the Association of Securities Dealing Houses of Nigeria (ASHON), Sehinde Adenagbe, has described the newly introduced T+1 settlement cycle by CSCS PLC as a transformative development for Nigeria’s capital market, noting that it will enhance market efficiency, reduce settlement risks, and boost investor […]

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NECO disowns fake recruitment portals, warns teachers against fraudsters

The National Examinations Council (NECO) has alerted the public to the activities of fraudsters operating fake online recruitment portals designed to deceive teachers seeking appointment as examination supervisors for the 2026 Senior School Certificate Examination (SSCE) Internal.

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