Category: Business
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CSOs STAGE PEACEFUL PROTEST IN ABUJA, CALL ON FG TO CURB BANK FRAUD AND MALPRACTICES
A coalition of Civil Society Organisations has taken a stand in Abuja, rallying for the Federal Government to tackle unexplained withdrawals, hidden charges, and malpractice in the banking sector. They believe addressing these issues is key to restoring customer confidence and protecting Nigerians’ hard-earned money. Ms. Flora Elekwa, director of Mobilisation for the coalition, highlighted…
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NGF AND UNDP DEEPEN PARTNERSHIP TO BOOST INVESTMENT IN NIGERIA’S STATES
The Nigeria Governors’ Forum (NGF) and the United Nations Development Programme (UNDP) have strengthened ties to drive sustainable investments and grow state economies. A UNDP delegation recently met with NGF in Abuja to focus on innovative financing to close infrastructure and fiscal gaps across Nigeria’s 36 states. They agreed to formalize their collaboration with a…
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FCC CALLS FOR STRONGER PARTNERSHIP WITH CSOs AND MEDIA TO FIGHT CYBER AND FINANCIAL CRIMES
The Economic and Financial Crimes Commission (EFCC) is urging civil society organizations and media to join forces in combating Nigeria’s rising cyber and financial crimes. Sa’ad Hanafi-Sa’ad, EFCC’s Kano Acting Zonal Director, emphasized their vital role as “critical drivers of change” in raising awareness and holding power accountable. At a workshop for CSOs and journalists,…
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NEPZA REAFFIRMS 10-YEAR BAN ON STRIKES IN FREE TRADE ZONES AMID DANGOTE REFINERY DISPUTE
Nigeria Export Processing Zones Authority (NEPZA) has confirmed its law bans industrial strikes and lockouts for 10 years within Free Trade Zones, including at Dangote Refinery. This move aims to preserve industrial peace and protect investments after recent union disruptions. NEPZA’s MD, Dr. Olufemi Ogunyemi, urged unions to channel disputes through the Authority, stressing that…
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CYBERSECURITY EXPERT WARNS OF SOPHISTICATED ONLINE SCAMS, URGES USE OF 2FA
Adamu Musa, a cybersecurity expert at Abuja’s X Hub, warns that online scams have grown increasingly sophisticated, targeting everyone from regular users to top IT professionals. He highlights employee carelessness and advanced tactics like domain spoofing and AI-generated phishing as major risks. Musa urges all internet users to enable two-factor authentication (2FA) for stronger protection,…
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MINISTRY WARNS POST-HARVEST LOSSES THREATEN NIGERIA’S FOOD SECURITY
The Federal Ministry of Agriculture says 40% of Nigeria’s crops are lost after harvest due to poor farming, storage, and transport practices, undermining food security and farmers’ incomes. At a cassava training in Oyo State, officials urged adoption of best practices and discouraged harmful chemicals in processing. The program aligns with President Tinubu’s Renewed Hope…
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SENATE COMMITTEE SAYS NNPCL RESPONDED TO 19 AUDIT QUERIES, REVIEW PENDING
Senate Public Accounts Chair, Sen. Aliyu Wadada, confirms NNPCL has replied to all 19 audit questions covering 2017-2023, including concerns over a staggering N210 trillion yet to be accounted for. The committee is set to review the responses thoroughly before making any public declarations. Wadada also flagged issues beyond finances, such as opaque production sharing…
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NO MORE BUDGET EXTENSIONS, SAYS FINANCE MINISTER WALE EDUN
At NES #31 in Abuja, Finance Minister Wale Edun declared an end to budget rollovers that cause confusion, confirming an agreement with the National Assembly to keep budgets within the fiscal year. He highlighted new financing methods like sukuk, green bonds, and diaspora bonds to replace eurobonds. Edun emphasized transparency improvements, including a federal billing…
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EKITI AGRO-ALLIED INTERNATIONAL CARGO AIRPORT APPROVED FOR SCHEDULED FLIGHT OPERATIONS
Nigeria greenlights Ekiti airport for commercial flights, boosting agribusiness and regional development. The Federal Government, through Nigeria Civil Aviation Authority (NCAA), has approved scheduled flight operations at Ekiti Agro-Allied International Cargo Airport for an initial six-month period, effective October 4, 2025. The approval permits daytime Visual Flight Rules (VFR) operations as the airport works toward…
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NIGERIA’S $2 BILLION BROADBAND PROJECT TO BOOST GDP, DRIVE DIGITAL INCLUSION
Minister Tijani unveils a bold plan to connect every local government and unlock the nation’s digital potential. Nigeria’s Minister of Communications, Innovation and Digital Economy, Dr. Bosun Tijani, announced a $2 billion broadband initiative aiming for universal coverage across all 774 local governments within three years. Speaking at the 31st Nigerian Economic Summit, he said…
