business
Ogun Govt Backtracks on Oil Drilling Location as Ipokia Community Protests Being ‘Snubbed’ It turns out that a simple “slip of the pen” can spark a political firestorm. The Ogun State Government has been forced to clear the air after a major blunder in a press release led residents of Ipokia to believe they were […]
Enough is Enough! Oyo Government Moves to Stop “Agent Extortion” and Control High House Rents Residents of Oyo State may soon breathe a sigh of relief as the state government begins a major crackdown on greedy house agents and the “unreasonable” hike in house rents across the state. Following a meeting in Ibadan on Wednesday, […]
FG Finally Releases $25m Loans to Help Nigerians Take Back Our Waters from Foreigners In a massive victory for local businessmen in the maritime sector, the Federal Government has finally “unlocked” a multi-million dollar fund that has been sitting idle for over 20 years. Starting this Thursday, Nigerian shipowners can now apply for up to […]
A New Era for Fair Finance! FG Adopts Global Rules to Make Islamic Banking More Transparent and Trustworthy Nigeria is taking a massive step toward becoming Africa’s “capital of ethical finance” as the Federal Government begins incorporating international Islamic accounting standards into the nation’s financial reporting system. The move was officially launched by the Financial […]
Rich Must Pay More! Oshiomhole Defends Tinubu’s New Tax Laws, Says Only Luxury Buyers Should Worry About VAT Senator Adams Oshiomhole has stepped forward to defend President Bola Tinubu’s newly implemented tax reforms, describing the policy as a “pro-poor” move that finally asks Nigeria’s wealthiest citizens to carry their fair share of the national burden. […]
Big Win for Ogun Fish Farmers! World Bank-Backed Project Pulls in N9.17 Billion Revenue Boost Fish farming in Ogun State has hit a massive financial milestone, with local farmers raking in a staggering 9.17 billion Naira in revenue thanks to a strategic partnership with the World Bank. The success comes through the Ogun State Economic […]
Lai Mohammed Cries Out for Massive Investment in Nigeria’s ‘Goldmine’; Says it’s the Secret to Fixing the Economy! Former Information Minister, Alhaji Lai Mohammed, is back in the spotlight with a clear message for Nigeria’s economic managers: the secret to a stronger Naira and a booming economy isn’t buried in oil wells, but in our […]
Zamfara’s Ultra-Modern Stadium Hits 90% Mark; Gov Lawal Set to Unveil World-Class Arena This February! The long wait for a world-class sporting facility in Zamfara is almost over! The state government has announced that the massive upgrade of the Zamfara State Stadium is now 90% finished, with the contractors preparing to hand over the keys […]
Investors Lose N457bn as Stock Market Winning Streak Hits the Brakes; ‘Big Boys’ Like MTN and Dangote Take a Hit! The “bulls” have officially taken a breather on the Nigerian Exchange (NGX). After several days of making investors smile, the stock market took a sharp turn for the worse today, wiping out a massive N457 […]
EU Finally Clears Nigeria’s Name; Removes Country From ‘High-Risk’ Financial Shame List in Massive Win for Investors! Nigeria has just received a major “green light” from the European Union! In a move that is being celebrated by bankers and business moguls across the nation, the EU has officially struck Nigeria off its list of high-risk […]
TAX REFORMS STILL ON TRACK! Taiwo Oyedele Smashes ‘Fake News’ About Tax Guidelines Suspension; Tells Businesses: ‘No Going Back!’ Nigeria’s tax “czar,” Taiwo Oyedele, is setting the record straight. The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms has come out to flatly deny rumors that the government has suspended the new […]
SEC and Police Join Forces to Crush ‘Wonder Bank’ Scammers; Massive Crackdown Begins to Protect Nigerians’ Hard-Earned Money! If you are running a Ponzi scheme in Nigeria, your “grace period” has officially ended. In a move to protect citizens from losing billions to fake investment gurus, the Securities and Exchange Commission (SEC) has officially teamed […]
COURTROOM DRAMA! Sacked CBN Workers Reject ‘Zoom Trial’; Demand to Face Bank Chiefs in Person as Legal Battle Over Job Losses Gets Heated! The legal war between the Central Bank of Nigeria (CBN) and its former workers has taken a strange turn, and it all comes down to a computer screen. A group of ex-staff […]
FUEL PRICE WAR! Retailers Beat Dangote to the Punch as Pump Prices Drop Below ₦739; See the New Cheapest Places to Buy Petrol! The “monopoly” is over before it even started! In a move that has shocked the energy market, local petrol retailers have started slashing their prices to levels even lower than the ₦739 […]
IPMAN Dumps Foreign Fuel Importers; Refusal to Buy ‘Overseas Petrol’ Sparks Huge Showdown as Refinery Denies Hitting a Snag! The battle for who controls Nigeria’s fuel tanks has taken a massive turn. The Independent Petroleum Marketers Association of Nigeria (IPMAN) has officially “turned its back” on imported petrol, declaring that they will now buy every […]
BATTLE OF THE GIANTS! Dangote Takes the Fight to the EFCC; Drags Ex-Fuel Regulator to Court Over Alleged ‘Dirty Fuel’ Scams and Sabotage! The “gloves are off” in the war between Aliko Dangote and the oil regulators. Africa’s richest man has officially dragged the former boss of the Nigeria Midstream and Downstream Petroleum Regulatory Authority […]
Finance Ministry Finally Drops the Millions for Super Eagles’ AFCON Bonuses to Stop Any ‘Money Fighting’ in Camp! The Super Eagles can now breathe a sigh of relief and focus entirely on the ball. The Federal Ministry of Finance has officially given the “green light” and released the funds needed to pay all their bonuses […]
DEAL DENIED! Why the Big Plan to Buy Fuel From Dangote Is Falling Apart as Cheaper Foreign Petrol Floods the Market! The big “brotherhood” between Nigerian oil marketers and the Dangote Refinery is currently facing a rocky patch. Just weeks after everyone celebrated a deal to buy fuel directly from the Lagos-based mega-refinery, the agreement […]
MACHINES VS. HUMANS! Fuel Station Workers Vow to Block AA Rano’s New ‘Robot’ Petrol Stations; Fear Thousands of Jobs Will Be Lost to Automation! A big battle is brewing in Nigeria’s oil sector, and this time it’s not about the price of petrol, but about who or what is pumping it. Workers across the country […]