BUA Group has disbursed a total of N30 billion to 510 employees at its 2025 Night of Excellence and Long Service Awards, one of the most significant employee reward initiatives undertaken by a Nigerian private sector company. The ceremony recognised long service, loyalty, and exceptional contribution by employees whose commitment spans from five years to […]
The Northern Elders Forum (NEF) has called for the urgent termination of a recently signed Memorandum of Understanding (MoU) between the Federal Inland Revenue Service (FIRS) and the French tax authority, Direction Générale des Finances Publiques, warning that the agreement threatens Nigeria’s economic sovereignty and national security. In an open letter addressed to the Federal […]
Eritrea has withdrawn from the East African regional bloc IGAD, accusing the organisation of “becoming a tool against” countries like it. Eritrea’s foreign ministry said IGAD strayed from its founding principles and failed to contribute to regional stability. The decision came amid escalating tensions and a war of words with neighbouring Ethiopia, fuelling fears of […]
The stage is set for the commencement of Africa’s biggest football event, the 35th edition of the Africa Cup of Nations (AFCON 2025), with 24 teams competing for the continent’s most prestigious sporting title. AFCON 2025 will be hosted by Morocco, a second time for the North African nation, and will run from December 21, […]
The Dangote Petroleum Refinery has again reduced its petrol gantry price, slashing the ex-depot rate from N828 to N699 per litre. Real-time market data published on Petroleumprice.ng on Friday showed that the refinery implemented another major downward review, cutting the Premium Motor Spirit benchmark price by N129 per litre — a 15.58 per cent reduction. […]
Kenyan climate activist Truphena Muthoni has set a new record by hugging a tree for 72 hours straight. Muthoni’s previous record was 48 hours. She chose an indigenous tree at a government compound in Nyeri. Muthoni described the peaceful protest as a way to unite people and raise awareness about climate change and deforestation. Supporters […]
The High Court has placed a temporary hold on the implementation of the recently signed Health Cooperation Framework between Kenya and the United States. The action marks the first major legal challenge to the multi-billion dollar deal that was signed on December 4. The court order specifically suspended any further steps to consummate the agreement, […]
Boeing has projected that African airlines would require 1,205 new aircraft over the next two decades to meet rising demand for air travel across the continent. The projection is contained in the company’s newly released 2025 Commercial Market Outlook (CMO) for Africa.According to the report, Africa’s passenger traffic is expected to grow at an average […]
The Ministry of Foreign Affairs has rejected reports that the Nigerian Acting Head of Mission in Portugal (name withheld) was summoned by the Portuguese government over the movement of a Nigerian Air Force aircraft scheduled for maintenance in the European country. Informing journalists on Friday in Abuja, ministry spokesperson Kimiebi Ebienfa described the claims circulating […]
The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has said that banks will be required to request a Tax Identification Number (TIN) from all taxable Nigerians as part of the federal government’s new tax administration framework set to take effect on January 1, 2026. The Chairman of the Presidential […]
Nigeria’s push for inclusive economic growth gained momentum on Wednesday as the Bank of Industry (BOI) and the National Credit Guarantee Company (NCGC) launched a N10 billion loan guarantee programme aimed at improving access to finance for women-owned businesses. The agreement, signed through a Memorandum of Understanding (MoU) in Abuja, represents one of the major […]
The Oyo State Governor, Seyi Makinde, on Friday described the death of the Deputy Governor of Bayelsa State, Lawrence Ewhrudjakpo, as a sad and painful loss to the state and to the Peoples Democratic Party. In a statement issued by his Special Adviser on Media, Sulaimon Olarenwaju, in Ibadan, the governor expressed his condolences to […]