Korede Abdullah in Lagos The Presidency on Monday denied it was targeting to scrap some institutions through the its tax reform bills. The bills have generated controversies with the northern leaders – elders, governors and lawmakers at the National Assembly opposing to the bills. The north challenged President Bola Tinubu to withdraw the bills, stating…
There is no gainsaying internet connectivity is paramount to developmental growth, success and progress of any nation. But Nigeria’s internet frustrations are holding back millions of its citizens, unarguably. With unreliable connections, dropped calls, and painfully slow internet speeds, daily life is disrupted, and businesses suffer. The ongoing challenges in mobile networks have become a…
Korede Abdullah in Lagos The World Trade Organization (WTO) has reappointed Ngozi Okonjo-Iweala as its Director-General for a second term, effective September 1, 2025. This decision was announced in a statement released by the organization on Friday. Okonjo-Iweala, a renowned Nigerian economist, made history in 2021 by becoming the first woman and the first African…
Korede Abdullah in Lagos The Lilypond Export Command of the Nigeria Customs Service has intercepted and detained 11 containers suspected to be used for smuggling rough and sawn timber worth $295,944. The containers were seized at the Apapa Port on October 11, 2024, following credible intelligence gathered by the Customs Intelligence Unit. This information was…
President Bola Tinubu has reassured French investors on Thursday that Nigeria is ready to do business, stressing that the government’s efforts to stabilise the security situation and create a favourable investment climate. Speaking during a joint briefing with French President Emmanuel Macron at the Elysee Palace in Paris, Tinubu said, “We’ve been working on stabilizing…
Hussaini Kafi in Kano The Federal Government has announced plans to digitize Nigeria’s grazing reserves, cattle routes, and dams inventories. This initiative is part of the administration’s broader goal to modernize the livestock sector and address longstanding farmer-herder conflicts. Minister of Livestock Development, Alhaji Muktar Idi Maiha, revealed this during a meeting with the House…
Korede Abdullah in Lagos The Central Bank of Nigeria (CBN) has increased the Monetary Policy Rate (MPR) to 27.50% from 27.25% in a bid to curb rising inflation. This decision was made during the Monetary Policy Committee (MPC) meeting held at the CBN headquarters in Abuja. The MPR, which measures the benchmark interest rate, was…
Korede Abdullah in Lagos The Nigerian National Petroleum Company Limited (NNPCL) has announced that the Port Harcourt Refinery has commenced processing crude oil production. According to the company’s spokesperson, Olufemi Soneye, the refinery has kicked off with 60 percent capacity, processing 60,000 barrels per day of crude. This development marks a significant milestone for the…
Korede Abdullah in Lagos A recent report by the National Bureau of Statistics (NBS) has shed light on the dismal state of electricity supply in Nigeria, revealing that households experience an average of 6.4 power outages per week. The report, conducted in collaboration with the World Bank, surveyed 4,715 households across the country and highlighted…
Rivers State has been embroiled in a heated battle for supremacy, pitting the state governor Siminalayi Fubara against his former political godfather, Nyesom Wike, the Minister of the Federal Capital Territory. The latest development in this unending battle is a Federal High Court ruling in Abuja, which has seized the state’s allocations, plunging the region…
