The Economic and Financial Crimes Commission and the Corporate Affairs Commission have agreed to deepen collaboration in the fight against corruption. Through this collaboration, both agencies will work together to strengthen their efforts in curbing fraudulent activities, ensuring that businesses operate with integrity, and ultimately creating a more stable economic foundation for the country. This […]
Ogun State Governor Dapo Abiodun has announced that an Independent Power Plant set to deliver uninterrupted 24-hour electricity to major parts of Abeokuta will be inaugurated within the next eight weeks. The governor made this known on Monday after inspecting the 30-megawatt power plant located in Onijanganjangan, near Ewekoro. He noted that the project, developed […]
The National Bureau of Statistics (NBS) has announced a decline in Nigeria’s headline inflation rate to 24.48% for January 2025, following the rebasing of the Consumer Price Index (CPI). This marks a decrease from December 2024’s 34.80% under the old inflation template. The CPI rebasing reflects updated consumer spending patterns, replacing outdated goods and services […]
Mining stakeholders in Nigeria have called for greater collaboration among relevant agencies, sectors, and institutions to advance the sector’s development. This appeal was made on Monday in Abuja at the 60th Nigerian Mining and Geosciences Society (NMGS) Annual International Conference and Exhibition (AICE) during a pre-conference panel discussion. The conference is with the theme, “Transformation […]
Airtel Nigeria, the country’s second-largest telecommunications operator (Telco) has announced a significant adjustment to its data pricing structure. A check by the News Agency of Nigeria (NAN) using the *312# code and on the Airtel website showed the revised data prices. According to the telco’s website, the revision, which affects various data bundles, is aimed […]
The bitter leadership tussle at the Lagos House of Assembly boiled over yesterday, demystifying long-held notions that the ruling All Progressives Congress-led government in the state is glued together by a sturdy and coherent political mechanism. Tension erupted at the Assembly as officers of the Department of State Services (DSS) stormed the complex, taking strategic […]
Billionaire Aliko Dangote has described his $23bn Dangote Refinery project as the “biggest risk” of his life, acknowledging the challenges he faced in bringing the venture to fruition. In an exclusive interview with Forbes on Monday, Dangote opened up about the risks involved in such a massive undertaking. “It was the biggest risk of my […]
The ECOWAS Court has dismissed claims brought against Nigeria by two Non-Governmental Organisations (NGOs) over the destruction of property, health and environment by the 2012 and 2022 Lagdo Dam floodings. The News Agency of Nigeria (NAN) reports that the applicants, Incorporated Trustees of Prince and Princess Charles Offokaja Foundation, Nigeria, and Prince and Princess Charles […]
Gov. Bassey Otu of Cross River says the Bakassi Deep Seaport project will be funded without the state taking any loan facility. Otu said that the project, a flagship of his administration, though not conceptualised by his government, would change the economic landscape of the state and that of the country at large. The governor […]
Members of the Association of Resident Doctors at University College Hospital in Ibadan have embarked on an indefinite strike, an official said on Monday. The association’s General Secretary, Dr Uthman Adedeji, told the News Agency of Nigeria in Ibadan, Oyo State capital that the strike was due to a power outage in some of the hospital’s residential […]
