The Nigeria Economic Summit Group, NESG, has charged the National Assembly to amend the Nigeria Tax Act 2015, the Petroleum Industry Act, PIA, and the Electricity Acts 2023, and some other laws to enhance the business environment in the country. This followed a presentation in Abuja, yesterday, of a policy brief on Priority Legislative Actions […]

The Federal Government has trained and empowered 100 young Nigerians in culinary and hospitality skills under the Innovation, Development and Effectiveness in the Acquisition of Skills initiative, as part of efforts to tackle unemployment and close critical skills gaps. The six-month programme, implemented by Masterminds Catering and Culinary Institute Academy, in partnership with the Federal […]

For years, Nigerian fintechs built large-scale businesses without holding banking licenses. They enabled payments, powered commerce, and supported millions of users, but relied on traditional banks for settlement and access to financial rails. That structure is now changing as more fintech companies move to secure banking licenses and operate directly within the regulated system. Flutterwave’s […]

US President Donald Trump заявил that China has agreed to refrain from supplying weapons to Iran, as he pledged to ensure the permanent reopening of the Strait of Hormuz, a critical global النفط transit route. His comments come amid rising tensions in the Middle East and concerns over energy security affecting markets including Türkiye. Trump […]

The embattled National Chairman of the African Democratic Congress, former Senate President David Mark, former Governor Rauf Aregbesola, the ADC National Secretary and other party leaders have declared that there would be no easy victory for President Bola Tinubu in the 2027 general elections. Speaking at the party’s national convention themed, ‘So That Nigeria May […]

Rising global liquefied petroleum gas (LPG) prices and ongoing supply disruptions linked to the Middle East crisis are putting pressure on clean cooking expansion efforts across Africa, with Nigeria and other major markets facing growing affordability challenges, industry stakeholders have warned. Speaking at the ongoing yearly conference of the African Refiners and Distributors Association (ARDA) […]

The National Drug Law Enforcement Agency (NDLEA), Edo State Command, has intercepted two articulated trucks carrying 7,245 kilogrammes of skunk cannabis and arrested five suspects. The State Commander, Mitchell Ofoyeju, disclosed this while presenting the seized drugs, valued at N724,500,000, and the trucks to journalists. He said the operation was carried out on Saturday, April […]

Nigeria’s federation revenues rose to N84tn over the past three years, but 41 per cent of these earnings was lost to pre-distribution deductions, significantly shrinking what is eventually shared among the three tiers of government, findings by the PUNCH have revealed. Latest fiscal data obtained from the World Bank’s Nigeria Development Update, analysed by our […]

The Federal Government has amended the charges filed against former Attorney-General of the Federation (AGF), Abubakar Malami, and his son, Abdulaziz, removing allegations related to terrorism financing. At Wednesday’s court session, counsel to the Department of State Services (DSS), Akinlolu Kehinde, informed the court of the amendment and applied for the substitution of the earlier […]

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