Tuesday, October 6, 2026

Economy

August 27, 2026

Economists ‌hail Tinubu govt’s $1 billion social safety net for poor Nigerians

Economists have commended President Bola Tinubu’s government for launching a $1 billion social protection programme for vulnerable Nigerians.

Tinubu signing a document
August 27, 2026

KKR agrees to pay record $250 million penalty for federal pre-merger violations

DOJ proposed a settlement requiring KKR & Co GP LLC to pay a $250,000,000 civil penalty to resolve allegations that KKR repeatedly flouted the pre-merger antitrust review process.

KKR
August 27, 2026

Villages Health System to $541 million settlement over false claims

In general, CMS pays MAOs more for sicker beneficiaries expected to incur higher healthcare costs and less for healthier beneficiaries expected to incur lower costs.

August 27, 2026

REDAN urges blended finance to unlock Nigeria’s housing potential

REDAN has called for stronger blended financing structures to unlock investments in Nigeria’s housing and infrastructure sectors.

Housing Estate (Credit: NAN)
August 27, 2026

Tinubu won’t restore fuel subsidy, says APC Lagos chairman

Cornelius Ojelabi, the All Progressives Congress chairman in Lagos, says President Bola Tinubu will not restore petrol subsidy, describing it as a drain on public finances.

August 27, 2026

Erosion control company Sioux, executive convicted for roles in $100 million price-fixing conspiracy

The federal jury convicted the trio of participating in a price-fixing conspiracy. The maximum penalty for individuals is 10 years in prison and a $1 million criminal fine.

Sioux Erosion Control Inc
August 26, 2026

Nigeria, Thailand to deepen ties on technology, agriculture

Mr Khalawi described Nigeria as a strategic partner of Thailand.

Nigeria, Thailand to deepen ties on technology, agriculture
August 26, 2026

Canada announces retaliatory tariffs on U.S. goods

Canada has announced retaliatory tariffs on goods from the United States amid an escalating trade war between the two countries after failed negotiations.

President Donald Trump and Mark Carney
August 26, 2026

Edo trio arrested for stealing multimillion-naira human hairs in Benin City

The Edo State Security Corps has arrested and handed over to the police three suspects involved in the armed theft at Priceless Strands Luxury Hairs in Benin City.

Edo trio
August 26, 2026

Tinubu leading govt of thieves, plunging more Nigerians into poverty with subsidy removal: Atiku

“We are competing with thieves. They have stolen the election. Now they have stolen the economy. They have stolen everything,” Mr Abubakar alleged.

Atiku Abubakar