The Nigeria Customs Service, Federal Operations Unit Zone A, Ikeja, has said that within two weeks, it intercepted 40ft containers, 11 vehicles, and other items that are cumulatively worth N1.28bn. The service added that these contrabands were intercepted with Lagos and Oyo in the South Western part of the country, and seven suspects were arrested […]
Pan-Yoruba socio-political organisation, Afenifere, Sunday, lamented that President Bola Tinubu’s renewed hope has turned into a nightmare for Nigerians. However, the Presidential Media Team said recent government policies under Tinubu opened new economic opportunities for Nigerians and foreign investors, despite prevailing economic challenges. The media team maintained that the economy was not in crisis but […]
Citing the intervention of the Chief Justice of Nigeria (CJN), Justice Kudirat Kekere-Ekun, workers of the Supreme Court of Nigeria have pulled out of today’s industrial strike called by the Judiciary Staff Union of Nigeria (JUSUN). The workers of the apex court said they pulled out as a result of cogent and verifiable assurances extracted […]
Seven Nigerian banks reported a total of N18.82tn in restricted deposits with the Central Bank of Nigeria as of March 31, 2025, up from the N17.54tn recorded in December 2024. Access Holdings led the pack with N8.64tn locked in, an increase of N1.58tn or 22.4 per cent, from N7.06tn in December 2024. The funds, classified […]
The Federal Government has set August 1, 2025, as the deadline to begin issuing stiff penalties to foreigners who have overstayed their visas. However, it opened an online immigration amnesty portal in July to allow affected individuals to regularise their stay before the penalties take effect. “Once the amnesty period is over, we will implement […]
The Director-General, Manufacturers Association of Nigeria (MAN), Segun Ajayi-Kadir, has raised alarm over 18,000 jobs lost in 2024 due to the increasingly hostile business environment in the country. He also noted unsold goods inventory, which rose by 87.5 per cent to N2.14 trillion in 2024, as a result of low purchasing power, inflation and rising production costs. Ajayi-Kadir, who was the keynote speaker at the 2025 BusinessDay Manufacturing […]
The Federal Ministry of Communications, Innovation and Digital Economy has unveiled a Digital Village in the Ibwa 2, Kura community of Gwagwalada Area Council, Abuja, as part of its effort to expand digital access to underserved rural areas. The project, launched in partnership with Huawei Nigeria and Globacom, provides high-speed internet, e-learning tools, and telemedicine […]
Lasaco Assurance Plc has reinforced its commitment to youth empowerment, education, and meaningful community engagement with a visit to Agidingbi Primary School in Ikeja, Lagos. In a statement, the firm said that the visit was in commemoration of the 2025 Children’s Day. The visit was characterised by lively interactions, motivational talks, and the generous distribution […]
A war of words broke out on Thursday between the Minister of the Federal Capital Territory, Nyesom Wike, and Senator Ireti Kingibe over the recent sealing of properties in Abuja for failure to pay ground rent. Senator Kingibe, who represents the FCT in the Senate, criticised the clampdown as unconstitutional and high-handed. In a statement […]
President Bola Tinubu has signed an Executive Order aimed at slashing oil and gas projects’ costs, improving government revenue, and accelerating investment inflow into Nigeria’s energy sector. In a statement issued on Thursday by the Office of the Special Adviser to the President on Energy, the Federal Government said the directive introduces far-reaching fiscal reforms […]
The Nigeria Governors’ Forum has commiserated with the Niger State Government on the flood, which has claimed many lives in the Mokwa Local Government Area of the state. In a statement signed by the NGF chairman, AbdulRaman AbdulRazaq, on Friday, the forum said that it was shocked by the magnitude of the flood, which has […]
The Senate has approved the Rivers State 2025 budget for a second reading. The budget, which totals ₦1,480,662,592,442 trillion, was presented by the Senate Leader, Senator Michael Opeyemi Bamidele, on Wednesday. Bamidele explained that the Senate had assumed legislative powers over Rivers State following the declaration of a State of Emergency in the state. Supporting […]