Category: Business
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WARRI–ITAKPE TRAIN SERVICE SET TO RESUME OCTOBER 29 AFTER SERVICE SUSPENSION
The Nigerian Railway Corporation (NRC) has announced that the Warri–Itakpe Train Service will officially resume operations on Wednesday, October 29, 2025, following a temporary suspension for critical repairs and maintenance. Dr. Kayode Opeifa, Managing Director of NRC, confirmed the service suspension was essential for safety checks and track improvements to ensure passenger comfort and reliability.…
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CRYPTO TRANSACTIONS TOP $50 BILLION WHILE NIGERIA’S CAPITAL MARKET FIGHTS LOW PARTICIPATION
The Securities and Exchange Commission (SEC) revealed that over $50 billion worth of cryptocurrency transactions flowed through Nigeria between July 2023 and June 2024, highlighting a strong appetite for digital assets. However, SEC Director-General Dr. Emomotimi Agama pointed to a paradox: while under 4% of Nigeria’s adult population actively invest in the traditional capital market,…
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FARMERS IN NASARAWA, NIGER, AND KOGI SOUND ALARM OVER PLUMMETING FOOD PRICES DESPITE BUMPER HARVESTS
Farmers in Nasarawa, Niger, and Kogi states are facing tough times due to falling prices for major food commodities despite bumper harvests this season. Maize prices dropped from about ₦70,000 in 2024 to ₦30,000-₦35,000 per 100kg, and rice prices fell from ₦150,000 to ₦120,000. High costs for fertilisers and other inputs, combined with insecurity and…
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KATAMPE HILL AND WATERFALLS URGED TO BE DESIGNATED NATIONAL PARK TO PROTECT ENVIRONMENT AND WATER SOURCES
Environmentalists led by former Head of Civil Service Prof. Oladapo Abiodun Afolabi have called on the Federal Government to designate Katampe Hill and its waterfalls in Abuja as a National Park, stressing their importance as sacred birthplaces of rivers that sustain ecosystems and communities. The call came during the launch of the “Where Rivers Are…
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NIGERIA WINS HUGE VICTORY: OFFICIALLY REMOVED FROM FATF GREY LIST
The Nigerian Financial Intelligence Unit (NFIU) has announced Nigeria’s official removal from the Financial Action Task Force (FATF) grey list, a landmark achievement in combating money laundering and terrorist financing. CEO Hafsat Bakari revealed the news after the FATF October plenary in Paris, marking Nigeria’s successful completion of a comprehensive 19-point reform program. This move…
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OYO STATE URGES YOUTHS TO EMBRACE ENTREPRENEURSHIP AND VOCATIONAL TRAINING FOR SELF-RELIANCE
The Oyo State Government, represented by PDP Publicity Secretary Mr. Michael Ogunsina, challenged unemployed youths to gain skills through entrepreneurship and vocational training to become job creators. At the graduation ceremony for 100 youths trained in Integrated Waste Recycling and Manufacturing by Planet 3R Limited in Ibadan, Ogunsina emphasized skill acquisition as a path to…
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NIGER DELTA ACTIVISTS DEMAND CLEAR DEADLINE TO END GAS FLARING IN NIGERIA’S PETROLEUM INDUSTRY ACT
Environmentalists, civil society groups, and community reps from Niger Delta have stepped up calls for the Federal Government to urgently review Nigeria’s Petroleum Industry Act (PIA) with a focus on setting an official deadline to stop gas flaring. This demand was a key outcome from the Climate Justice Assembly held in Benin City, led by…
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CSOs CALL FOR TRANSPARENCY ON JBS-NIGERIA DEAL AMID RISING CONCERN ON INDUSTRIAL FARMING IMPACT
Civil Society Organisations (CSOs) are demanding the Federal Government make public the Memorandum of Understanding (MoU) signed with JBS, the global meat giant, before the company begins operations in Nigeria. This came during a stakeholders’ workshop assessing the implications of industrial animal farming on Nigeria’s environment and local farmers. JBS, based in Sao Paulo with…
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NIGERIAN STOCK MARKET CLOSES WEEK STRONG, ADDS ₦733 BILLION TO INVESTORS’ PORTFOLIOS
Friday’s trading saw the Nigerian Exchange Limited (NGX) market cap grow from ₦98.059 trillion to ₦98.792 trillion, boosting the All-Share Index (ASI) by 0.75% to 155,645.05 points. This positive momentum was driven by strong investor demand in key stocks including Aso Savings, Ikeja Hotel, Regency Alliance Insurance, Caverton Offshore, and Aradel Holdings. Market breadth was…
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MIYETTI ALLAH DEMANDS JUSTICE FOR ATTACKED FULANI IN KWARA, SEEKS COMPENSATION
The Kwara State chapter of Miyetti Allah Cattle Breeders Association of Nigeria (MACBAN) has called on the state government and security agencies to thoroughly investigate the alleged killings of Fulani residents in Edu Local Government Area. The association, led by Alhaji Shehu Garba, expressed deep concern over poor handling of incidents affecting Fulani lives and…
