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News
FG, manufacturers seek lower lending costs for production
9+ hour, 32+ min ago (240+ words) Federal Government and manufacturers have set plans in motion to reduce high lending costs and eliminate the financing conditions that make local production less attractive than importing goods. ” He said the Federal Government wanted the roundtable to produce concrete financing…...
Tinubu's week: Keeping faith, counting gains
7+ hour, 25+ min ago (559+ words) That transition speaks directly to one of the arguments Tinubu made when he embarked on reforms many considered politically dangerous: Nigeria could not continue subsidising inefficiency, consuming what it could not sustainably finance and importing what it had the capacity…...
NCS says women dominate informal border trade | Nigeria
14+ hour, 48+ min ago (449+ words) Comptroller-General of the Nigeria Customs Service, Adewale Adeniyi, on Friday disclosed that 22 per cent of the Republic of Benin’s informal exports are destined for Nigeria. He also said women constitute about 70 per cent of informal cross-border trade. Adeniyi disclosed this…...
Transport unions endorse FG’s 500 CNG stations plan
11+ hour, 11+ min ago (406+ words) transport unions have welcomed the Federal Government’s plan to establish 500 Compressed Natural Gas filling stations across the country, saying the initiative will reduce transportation costs and ease inflation if properly implemented. Speaking on the development, the Deputy President of the…...
Nigerian Courts Clarify Misconceptions About 1993 U.S. Civil Forfeiture Involving Former President Tinubu
7+ hour, 35+ min ago (323+ words) Head Topics Nigerian Courts Clarify Misconceptions About 1993 U.S Civil Forfeiture Involving Former President Tinubu The case of former Nigerian president Bola Ahmed Tinubu and a 1993 U.S civil forfeiture proceeding has been misinterpreted in public discourse Nigerian courts have clarified that…...
Ondo govt bans sales of unverified alcohol after ' Monkey Tail' kills 30
13+ hour, 8+ min ago (312+ words) Head Topics Ondo govt bans sales of unverified alcohol after ' Monkey Tail' kills 30 âOrders statewide crackdown By Dayo Johnson Akure The Ondo State Government has banned the sale and distribution of unverified alcoholic drinks and other substances across the…...
Ondo State Bans Sale of Unverified Alcohol After 30 Deaths
2+ hour, 22+ min ago (338+ words) Health & Safety News The Ondo State Government has ordered the immediate ban on the sale and distribution of unverified alcohol ic drinks and other substances across the state following the deaths of about 30 people in Odigbo Local Government Area. He…...
Auditor-General flags N124bn contracts across MDAs
11+ hour, 12+ min ago (279+ words) Auditor-General for the Federation has uncovered contract and procurement irregularities valued at N124.12bn across several Federal Government Ministries, Departments and Agencies. The infractions ranged from irregular contract awards and violations of procurement due process to payments for jobs and contracts that…...
Inflation and Power Challenges Crippling Nigeria's Hospitality Sector
11+ hour, 12+ min ago (1954+ words) The Chief Executive Officer of Panama Hotel and Suites/Chairman of Nedu Logistics Solution, Kelvin Okechukwu, discusses the challenges confronting hotel owners in Nigeria and the way forward in this interview with ANOZIE EGOLE How has inflation affected Nigeria’s hospitality…...
Flutterwave Facilitates Digital Access for Dangote IPO
2+ hour, 49+ min ago (300+ words) Flutterwave, Africa’s leading payments technology company, is enabling Nigerians at home and abroad to participate in the initial public offering of Dangote Petroleum Refinery and Petrochemicals, providing digital payment infrastructure for retail and diaspora investors to fund their share subscriptions....