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Nigeria’s small and medium-sized businesses are grappling with a massive $48 trillion financing gap, amid concerns that recent banking reforms have not yet translated into significant credit to the manufacturing sector, a new report has revealed. The Center for the Promotion of Private Enterprise (CPPE) sounded the alarm in a policy brief on Sunday, saying that despite improvements in the …

Head coach Bright Ozegbagbe has praised his team’s resilience and mentality following Ikorodu City FC’s dramatic 4-3 victory over Warri Wolves FC in the matchday 32 clash of the Nigeria Premier Football League (NPFL). The vibrant match, held at the Mobolaji Johnson Arena on Sunday, March 29, 2026, scored seven goals in a duel from start to finish that showed …

By Salihu Pirkusu, Maiduguri The Governor of Borno State, Professor Babagana Umara Zulum, has approved the immediate dissolution of the State Executive Council. The decision is to provide an enabling environment for any council member wishing to contest elective positions in the upcoming general election. This was made known on Monday in a press release signed by the Secretary to …

Former National Vice President of the Peoples Democratic Party (PDP), Chief Olabode George, has described the recognition of the FCT Minister, Nyesom Wike-led faction of the party by the Independent National Electoral Commission (INEC) as “the biggest joke of the year”.In a statement on Monday, George reiterated his earlier position that “Wike and some characters with him were expelled in …

Former Vice President Atiku Abubakar has rejected claims that he will retire from active politics, describing reports as “false, misleading and politically motivated”. In a statement released on Monday through his media aide Paul Ibe, the former presidential candidate said rumors circulating on social media about his alleged decision to step aside after a meeting with African Democratic Congress stakeholders …

By Ayo Kehinde With just hours to go before the March 31st deadline, many Nigerian taxpayers are still uncertain about how to file their personal tax return and comply with the legal requirements. Under the Nigeria Tax Act 2025, every individual earning income in the country is required to file an annual tax return covering the previous year’s earnings. In …

Dr Rabiu Musa Kwankwaso, former governor of Kano State, on Monday formally aligned himself with the African Democratic Congress (ADC), in a move described as a defining moment for opposition politics in the northwestern state.ADC National Chairman Senator David Mark received Kwankwaso along with supporters at his residence on Monday.Mark stressed that Kwankwaso’s defection was more than a political realignment, …

Post views: 356 By Silvernews The President of the Imo State Basketball Association, Hon. Johnbosco Ekezie Okeahialam, has congratulated the President of the Nigeria Basketball Federation, Musa Kida, and basketball stakeholders across the country following the recent FIBA ​​verdict on the Kida administration. Reacting to this development, Okeahialam, who closely followed the electoral process that brought Kida into office …

Civil society organizations have raised fresh concerns over the failure to use millions of dollars recovered from former public officials, warning that delays in disbursing the funds could erode public confidence in Nigeria’s fight against corruption. The groups said about $50 million linked to former Petroleum Resources Minister, Diezani Alison-Madueke, and $954,000 recovered from former Bayelsa State governor, Diepreye Alamieyeseigha, …

By Ayo Kehinde The United States sharply reduced imports of Nigerian crude oil in January 2026, cutting purchases by about 47.16% month-on-month, according to the latest data from the US Census Bureau and the US Bureau of Economic Analysis. Data from the US Report on International Trade in Goods and Services shows Nigeria’s crude oil imports fell to 1.664 million …