Author: NewsUltra360
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ABUJA TRADE FAIR VENDORS OPTIMISTIC DESPITE LOW TURNOUT
Sellers hopeful sales will pick up as Abuja International Trade Fair continues. Vendors at the Abuja International Trade Fair (AITF), themed “Sustainability, Consumption, Incentives and Taxation,” expressed optimism for better sales despite a slow start. Ghanaian trader Veronica Aboagye and Chinese participant Zhang Wei remain hopeful Nigerians will boost patronage soon. Local seller Joseph Asogwa…
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SON LAUNCHES ISO 37003:2025 TO FIGHT GLOBAL FRAUD
New fraud control standard aims to protect billions lost annually and boost trust. The Standards Organisation of Nigeria (SON) unveiled ISO 37003:2025, the world’s first international fraud control management system standard, addressing prevention, early detection, and response to fraud. SON Chairman Prof. Oserheimen Osunbor emphasized fraud’s rising global toll of $4.7 trillion annually, worsened by…
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FG BROKERS PEACE BETWEEN PENGASSAN AND DANGOTE REFINERY
Strike called off as workers to be redeployed with no pay loss; union rights respected. The Federal Government has resolved the dispute between PENGASSAN and Dangote Petroleum Refinery after a two-day conciliation meeting. The agreement includes immediate redeployment of over 800 affected workers into other Dangote subsidiaries without loss of pay. It was affirmed that…
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NIS STARTS CRACKDOWN ON FOREIGNERS WITH EXPIRED VISAS
Enforcement begins after visa amnesty ends; offenders face fines, bans, and deportation. The Nigeria Immigration Service (NIS) announced nationwide enforcement starting October 1, targeting foreign nationals who overstayed visas or broke entry rules after the Federal Government’s expired visa amnesty ended on September 30. Offenders with less than three months overstay face removal, $15 daily…
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AFDB, PRIVATE SECTOR VOW TO DEEPEN PARTNERSHIP FOR AFRICA’S GROWTH
AfDB and business leaders commit to boosting investment, job creation, and economic transformation. African Development Bank President Dr. Sidi Ould Tah and top private sector reps from West, Central, and North Africa vowed stronger collaboration to accelerate the continent’s development. Speaking in Abidjan at the CGECI event, Tah emphasized the private sector’s central role in…
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AFDB CALLS ON AFRICA TO SEIZE TRADE DISRUPTION AS OPPORTUNITY
AfDB urges Africa to boost local industries, job creation, and climate-resilient growth. Dr. Sidi Ould Tah of the African Development Bank urged African nations at the CGECI Academy in Abidjan to turn global trade disruptions into a chance for economic transformation. He stressed stronger regional value chains, local raw material processing, and green industrialisation led…
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TINUBU DECLARES NIGERIA’S ECONOMIC TURNAROUND; WORST IS OVER
President Tinubu assures Nigerians that economic pains are easing and stability is returning. President Bola Tinubu marked Nigeria’s 65th Independence Day by declaring that the country has “turned the corner” toward prosperity. He acknowledged the tough reforms his administration undertook to rescue a near-collapsed economy and hailed Nigerians’ resilience. Tinubu praised bold policies like fuel…
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TINUBU CELEBRATES 12 ECONOMIC MILESTONES IN 2 YEARS
Nigeria’s economy is booming with strong growth, falling inflation, and booming exports. President Bola Tinubu highlighted 12 key economic achievements during Nigeria’s 65th Independence Day broadcast. GDP grew 4.23% in Q2 2025, the fastest in four years, while inflation dropped to 20.12%. The government surpassed its N20 trillion non-oil revenue target by August, and Nigeria…
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TINUBU REAFFIRMS YOUTH EMPOWERMENT, ECONOMIC REFORMS ON 65TH INDEPENDENCE
President Tinubu hails Nigerian youth as greatest assets, pushing education, entrepreneurship, and innovation. In his 65th Independence Day broadcast, President Bola Tinubu praised Nigeria’s youth as the nation’s key to future prosperity, urging them to dream big and innovate in tech, arts, sports, and science. He highlighted the disbursement of nearly ₦100 billion in student…
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NIGERIA POWER SECTOR EXPERTS APPLAUD NEW ELECTRICITY ACT
The Electricity Act promises more power, private investment, and state empowerment. Nigeria’s 65th Independence Day also marks a turning point in the power sector, as stakeholders celebrate the transformative Electricity Act. The Act liberalizes power generation and distribution, empowering states to regulate electricity and encouraging private sector growth, boosting stability and affordability. Industry leaders commend…
