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Reps Push for Compulsory Voting in Electoral Act Amendment

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The BusinessNG

A bill seeking to amend the Electoral Act 2022 to make voting compulsory for all eligible Nigerians has passed second reading in the House of Representatives.

The proposed legislation, co-sponsored by Speaker Tajudeen Abbas and Rep. Daniel Ago, was introduced during Thursday's plenary session and is aimed at curbing widespread voter apathy in the country.

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Healthcare Crisis Deepens: HMO Premiums Spike 59% in One Year

Nigeria's healthcare system is undergoing major financial strain, as escalating drug prices and higher hospital operating costs force Health Maintenance Organisations (HMOs) to implement steep increases in insurance premiums—ranging from 8% to as high as 59% across different plans.

time to read

1 min

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PDP Crisis Deepens as Plateau, Adamawa Governors Reject Wike Expulsion

Tension within the Peoples Democratic Party (PDP) escalated over the weekend as Plateau State Governor Caleb Mutfwang and Adamawa State Governor Ahmadu Fintiri distanced themselves from the party's decision to expel key leaders, including Nyesom Wike, Minister of the Federal Capital Territory (FCT).

time to read

1 min

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Recapitalisation: Bank Rights Issues May Affect Dividend Payouts, Analysts Warn

The ongoing banking sector recapitalisation exercise continues to shape investor sentiment in Nigeria, with market analysts cautioning that recent equity raises could exert short-term pressure on earnings per share (EPS) across the sector.

time to read

1 min

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Reps Order Suspension of WAEC CBT Rollout for 2026 Exams

The House of Representatives has urged the Federal Government to halt the plan by the West African Examinations Council (WAEC) to implement Computer-Based Testing (CBT) for the 2026 West African Senior School Certificate Examination (WASSCE).

time to read

1 min

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FG Suspends 15% Fuel Import Duty, Assures Adequate Supply Nationwide

The Federal Government, through the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), has announced the suspension of the proposed 15% ad-valorem import duty on Premium Motor Spirit (PMS) and Automotive Gas Oil (AGO), commonly known as petrol and diesel.

time to read

1 min

The BusinessNG

The Business NG

Food Crisis Looms as Farmers Battle Rising Costs

Naira Strengthens to N1,441 as FX Pressures Ease

time to read

1 min

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Senate Bans Recruitment of Under-18 Soldiers

The Senate has taken a major step to outlaw the recruitment of persons under the age of 18 into Nigeria's military, passing the Armed Forces (Repeal and Reenactment) Bill, 2025, for second reading.

time to read

1 min

The BusinessNG

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Nigeria Collects N55Trn, Borrows N152Trn in Two Years, SMEs Struggle

Nigeria's fiscal policies over the past two years—from mid-2023 to mid-2025—have revealed a stark imbalance: the government has collected and borrowed massive sums but delivered little to the real economy. While billions flow into federal coffers, the country's productive sectors, particularly small and medium enterprises (SMEs), continue to struggle.

time to read

1 min

The BusinessNG

The Business NG

NNPC to Undergo Major Shake-Up to Boost Oil Output

The Federal Government has hinted at plans to restructure the Nigerian National Petroleum Company Limited (NNPC) as part of a broader effort to reverse the country’s falling crude oil production and restore investor confidence in the upstream sector.

time to read

1 min

The BusinessNG

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Lottery Law Sparks Showdown Between Lagos and National Assembly

The simmering clash between the Lagos State Government and the National Assembly has taken a legal turn, as Lagos moves to commence contempt proceedings against federal lawmakers for allegedly violating a Supreme Court judgment on the control of lottery and gaming in Nigeria.

time to read

1 min

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