business
“Dig at Your Own Risk!” NCC and NSCDC to Jail Contractors for 10 Years Over Fibre-Optic Cable Damage The era of “accidental” internet blackouts caused by reckless road construction is officially over. The Nigerian Communications Commission (NCC) and the Nigeria Security and Civil Defence Corps (NSCDC) have issued a stern joint warning: any contractor caught […]
Governor Buni Drops ₦1.2bn to Empower Yobe Women and Keep Girls in School In a major move to break the cycle of poverty and illiteracy, Yobe State Governor Mai Mala Buni has unveiled a sweeping ₦1.2 billion empowerment scheme dedicated to the upliftment of women and adolescent girls. The multi-dimensional program, launched this week in […]
Tinubu Tells World Bank Nigeria’s Reforms are Permanent as Naira Stabilizes and Growth Hits 4.7% President Bola Ahmed Tinubu has sent a clear message to both domestic critics and international investors: the era of “economic flip-flopping” in Nigeria is over. Speaking at the State House on Tuesday, the President vowed that his administration would never […]
Abuja Hands Over $5bn Energy Bank HQ to Save Africa’s Oil and Gas from Foreign Funding Cuts Nigeria has officially cemented its role as the financial capital of Africa’s energy future. In a high-profile ceremony in Abuja this Monday, the Federal Government formally handed over the completed headquarters of the African Energy Bank (AEB) to […]
“January Salaries are Coming!” FG and States Finally Share ₦1.969 Trillion After Bitter Payday Standoff Federal and state workers can finally stop checking their banking apps in frustration. After a tense two-week standoff that threatened to leave millions of families stranded, the Federation Account Allocation Committee (FAAC) has finally broken the deadlock, releasing a massive […]
Dangote and NNPC Lock in Massive Gas Deal to Power Refinery and Slash Diesel Costs with CNG The “Decade of Gas” just got a massive shot of adrenaline. In a deal that essentially links the heart of Nigeria’s energy sector to its biggest industrial engine, the Dangote Group and the NNPC have signed a series […]
Good News for Roadside Traders and Tailors: New Tax Laws Mean More Money in Your Pocket! Nigerian artisans, traders, and low-income workers are the biggest winners in the country’s latest tax overhaul, according to Taiwo Oyedele, the man leading the federal government’s fiscal reform team. Speaking at a lively town hall meeting organized by SMEDAN […]
NUPRC Opens 50 New Oil Blocks for Sale but Warns ‘Weak’ and ‘Broke’ Firms to Stay Away Nigeria’s oil industry is entering a “no-nonsense” era. On Wednesday, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) threw open the doors for investors to bid on 50 lucrative oil and gas blocks, but with a massive catch: if […]
NDLEA and Ondo Government Launch Mega Plan to Swap Cannabis Farms for High-Profit Food Crops Ondo State is looking to trade its reputation as Nigeria’s “cannabis capital” for a new title: a hub for high-value medicinal and food crops. In a landmark move, the National Drug Law Enforcement Agency (NDLEA) has teamed up with the […]
Soldiers Bust Hidden Gun Factory in Nasarawa as Suspect Tries to Hide on a Tree Top A local arms manufacturer in Nasarawa State learned the hard way that “climbing a tree” is no match for the Nigerian Army’s surveillance. In a major win for regional security, troops of Operation Whirl Stroke (OPWS) have shut down […]
Lagos Jails 26 Notorious ‘Omotaku’ Hoodlums and Sweeps 115 Beggars Off the Streets in Major New Year Crackdown The era of “street tax” and highway harassment in Lagos is facing a major roadblock. In a swift and decisive operation on Monday, the Lagos State Government successfully cleared 115 beggars from the city’s major arteries and […]
“Cash, Classrooms, and Career Boosts!” Shettima Set to Launch Mega Empowerment Fund for Millions of Women and Youths The Federal Government is moving to put more power and money into the hands of Nigeria’s youngest and most industrious citizens. This Wednesday, Vice President Kashim Shettima will officially pull back the curtain on a game-changing empowerment […]
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 […]