Category: Business

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Nigeria and Saint Lucia Move to Formalize Diplomatic TiesPresident Bola Tinubu and Saint Lucia’s Prime Minister Philip Pierre have agreed to formalize diplomatic relations during Tinubu’s state visit to the Caribbean nation. Speaking at a courtesy meeting, Tinubu highlighted the deep historical and cultural bonds between Africa and the Caribbean and emphasized expanding cooperation in…

FG MAINTAINS PAUSE ON N25 MILLION FRCN LEVY

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FG Maintains Pause on N25 Million FRCN Levy Amid Calls for Legislative ReviewThe Federal Government has confirmed that the 60-day pause on the Financial Reporting Council of Nigeria’s (FRCN) controversial N25 million annual levy for Public Interest Entities (PIEs) will continue until a broader legislative review is completed. Trade Minister Dr. Jumoke Oduwole explained the…

TCN BOOSTS POWER SUPPLY WITH NEW TRANSFORMERS

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TCN Boosts Power Supply with New Transformers at Birnin Kebbi SubstationThe Transmission Company of Nigeria (TCN) has energized two new transformers at its 330/132/33 KV Birnin Kebbi Transmission Substation, increasing its capacity from 300MVA to 450MVA. The 100 and 150 MVA transformers, energized last Friday, add 120MW of bulk power to Kaduna Electricity Distribution Company…

FEDERAL GOVERNMENT PLANS LOCAL BOAT MANUFACTURING

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in Business, News, Security

FG Plans Local Boat Manufacturing to Curb Waterway AccidentsThe Federal Government is set to start manufacturing safer boats locally to replace unstable wooden vessels causing frequent accidents on Nigeria’s inland waterways. Pius Akutah, Executive Secretary of the Nigeria Shippers Council, said the Ministry of Marine and Blue Economy and NIWA are working hard to professionalize…

EBONYI PARTNERS WITH L-PRES TO BOOST LIVESTOCK FARMING

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Ebonyi Partners with L-PRES to Boost Livestock Farming, Launches N150m Integrated RanchThe Ebonyi State Government is teaming up with the Livestock Productivity and Resilience Project (L-PRES) to transform livestock farming. The state has released N150 million to kickstart the project, which includes an integrated ranch at Ezzangbo, Ohaukwu LGA, featuring a vet lab, cold chain,…

FIRS REWARDS MSME OPERATOR WITH N2 MILLION AND CAR FOR TAX COMPLIANCE

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FIRS Rewards MSME Operator with N2 Million and Car for Tax ComplianceThe Federal Inland Revenue Service (FIRS) has awarded Raw Food and Beauty Research Ltd. N2 million and a brand-new car for outstanding tax compliance. The prize was presented at the 7th National MSME Awards in Abuja by FIRS Executive Chairman Dr. Zacch Adedeji’s representative,…

WEST AFRICAN TOUR OPERATORS DEMAND ACTION FOR SEAMLESS CROSS-BORDER TRAVEL

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in Business, International, News

West African Tour Operators Demand Action for Seamless Cross-Border TravelTour operators from across West Africa are calling for urgent reforms to make cross-border travel easier and more efficient. Speaking at the Accraweizo 2025 Travel Expo in Ghana, industry leaders stressed the need for public-private partnerships, better road networks, and improved border facilities to cut costs…

TINUBU HEADS TO SAINT LUCIA, BRAZIL

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in Business, News, Politics

Tinubu Heads to Saint Lucia, Brazil to Boost Nigeria’s Global South PartnershipsPresident Bola Tinubu is set for a diplomatic tour, departing Abuja for Saint Lucia and Brazil to strengthen Nigeria’s ties with the Global South. In Saint Lucia, Tinubu will meet top leaders, address parliament, and connect with the Nigerian community, focusing on trade, education,…

FROM COAL TO CONVERSATION: DR. JOHN MOMOH CHARGES MEDIA TO HEAL AND UNITE NIGERIA

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FROM COAL TO CONVERSATION: DR. JOHN MOMOH CHARGES MEDIA TO HEAL AND UNITE NIGERIA At the heart of Nigeria’s Coal City, Dr. John Momoh, Chairman of Channels Media Group, lit up the 2025 Nigerian Guild of Editors National Biennial Convention with a powerful call to action. His message? The media isn’t just a mirror—it’s a…

TRUMPS HINTS AT NEW DEAL WITH CHINA

Jun 27, 2025

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