Category: Business
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NIGERIA LAUNCHES WORLD ATHLETICS AFRICAN RUNNING CONFERENCE TO BOOST SPORTS ECONOMY
The National Sports Commission (NSC) has kicked off the World Athletics African Running Conference in Abuja, aiming to tap into Nigeria’s vast domestic sports potential. NSC Chairman Shehu Dikko shared during the event at Abiola National Stadium that this move fits perfectly with President Bola Ahmed Tinubu’s vision of using sports as a major driver…
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ECONOMIST CALLS FOR TAXING RELIGIOUS INSTITUTIONS AND TACKLING CORRUPTION IN NIGERIA’S TAX SYSTEM
Economist Daramola Omoyele has urged the Nigerian government to include religious institutions in the new tax net, warning that excluding some of the wealthiest religious leaders undermines fairness and public trust. Speaking with NAN, Omoyele emphasized that while the Nigeria Tax Administration Act (2025) introduces reforms like a unified tax ID system and raised exemption…
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NNPC REPORTS SLIGHT DIP IN SEPTEMBER PRODUCTION AMID STRATEGIC MAINTENANCE, POSTS N216 BILLION PROFIT
The Nigerian National Petroleum Company Limited (NNPC Ltd.) recorded 1.61 million barrels per day (mbopd) of crude and condensate production in September 2025, slightly down from 1.65 mbopd in August, according to its monthly report. Natural gas output also moderated, reaching 6,284 million standard cubic feet per day (mmscf/d), compared to 6,949 mmscf/d the previous…
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UNCTAD CHIEF REBECA GRYNSPAN WARNS OF $31 TRILLION BURDEN STIFLING DEVELOPING NATIONS
The Secretary-General of United Nations Conference on Trade and Development (UNCTAD), Rebeca Grynspan, has sounded a loud alarm, revealing that a staggering $31 trillion debt burden is hampering the growth of developing countries worldwide. Speaking at the UNCTAD 195 Member States gathering in Geneva, she emphasized that this financial weight is a critical obstacle to…
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GBENGA OLAWEPO HASHIM URGES NIGERIANS TO UNITE AGAINST APC’S ECONOMIC MISMANAGEMENT
Former presidential candidate Dr. Gbenga Olawepo Hashim is calling on Nigerians to rise above ethnic and political divides to save the country from the “ruinous grip” of the All Progressives Congress (APC). In a stinging statement, he accused the ruling party of economic mismanagement, massive debt increase, and worsening poverty and insecurity. Hashim highlighted how…
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MUSK’S X LAUNCHES MARKETPLACE TO RECLAIM INACTIVE USERNAMES FOR PREMIUM SUBSCRIBERS
X, the social media platform formerly known as Twitter, has introduced a new marketplace allowing Premium Business and Premium+ subscribers to request or buy inactive usernames. The marketplace offers two types of handles: free priority usernames featuring full names or phrases, and rare usernames like “@Tom” or “@Pizza,” which are sold by invitation or public…
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WORLD BANK UNVEILS IFC2030 STRATEGY TO BOOST PRIVATE CAPITAL AND JOB CREATION
Big moves ahead to create jobs globally! World Bank President Ajay Banga announced the IFC2030 strategy, designed to mobilise private capital and turbocharge economic growth by strengthening partnerships between governments and businesses. Banga explained how the journey shifts from public sector-led early growth to private sector-driven job creation. The strategy hinges on building strong infrastructure,…
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KATSINA STATE TO LAUNCH FARMERS’ RADIO STATION TO BOOST AGRICULTURAL PRODUCTIVITY
Connecting farmers with crucial info just got easier in Katsina! The state government is set to launch a dedicated farmers’ radio station to provide real-time advice on farm management, pest control, and marketing. Announced by Agriculture Commissioner Prof. Ahmed Bakori ahead of Vice-President Kashim Shettima’s visit, the station aims to support smallholder farmers by complementing…
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KENYA LOSES $158 MILLION DUE TO DELAYS IN BIOTECHNOLOGY ADOPTION, SAYS AATF
Kenya’s slow embrace of biotechnology has cost the country dearly! The African Agricultural Technology Foundation (AATF) reveals Kenya lost 20.4 billion Kenyan shillings (about $158 million) over five years due to delays in adopting biotech crops. Dr. Daniel Willy of AATF highlighted how biotechnology, such as Bt maize that resists pests, can boost food production…
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AIR PEACE LAUNCHES MONTHLY FLIGHTS FROM LAGOS AND ACCRA TO THE CARIBBEAN
Dreaming of sun, sand, and culture? Air Peace is connecting Africa to the Caribbean with new monthly charter flights from Lagos and Accra to Antigua and Barbados, starting December 21, 2025. As the only airline offering direct routes from West and Central Africa to the Caribbean, Air Peace aims to boost tourism, trade, and cultural…
