By Muhyideen Jimoh The Federal Executive Council (FEC) has approved N68.7 billion for key electricity projects in universities and teaching hospitals across Nigeria. Minister of Power, Adebayo Adelabu, disclosed this after Thursday’s FEC meeting, chaired by President Bola Tinubu at the State House, Abuja. He said the projects reflectContinue Reading
By Joy Akinsanya The Manufacturers Association of Nigeria (MAN) has urged the Federal Government to introduce reforms that will support the growth and development of local industries in the country. The association made the call at the 40th Annual General Meeting of MAN, Ogun branch,Continue Reading
By Ginika Okoye Some capital experts have expressed optimism that high yield Federal Government securities and banking recapitalisation inflow will attract investment and sustain economic growth in the second half (H2) of 2025. They said this at a webinar with the theme: “Mid-Year 2025 Macroeconomic Review and Outlook for H2 2025,” organisedContinue Reading
By Muhyideen Jimoh President Bola Tinubu has approved a one-year extension for the Comptroller-General of Nigeria Customs Service (NCS), Adewale Adeniyi, whose tenure was due to expire August 31. The announcement was made in a statement issued by the Presidential Spokesperson, Mr Bayo Onanuga, on Thursday in Abuja. According toContinue Reading
By Nana Hauwa Musa The Director-General of the Bureau of Public Procurement (BPP), Dr Adebowale Adedokun, has reaffirmed the government’s dedication to transparency and public trust. Adedokun spoke in Abuja on Wednesday while receiving a delegation from the Open Government Partnership (OGP) Global Support Unit. He stressed that trust isContinue Reading
By Rukayat Moisemhe The Manufacturers Association of Nigeria (MAN) has urged seamless implementation of the Single Inter-State Road Tax Sticker (SIRTS) and Single Haulage Fee (SHF) initiatives. MAN said the implementation would curb illegal road taxes and reduce the overall burden of multiple taxation on businesses across the country. MANContinue Reading
By Taiye Olayemi The National Insurance Commission (NAICOM) has unveiled comprehensive guidelines to regulate Insurtech operations in Nigeria, with effect from Aug. 1. The new guidelines, which followed extensive consultation with industry stakeholders, aim to provide a clear regulatory framework for licensing, operations and supervision ofContinue Reading
By Grace Alegba The Africa Think Tank for Infrastructure Development (ATTID) has called for global partnerships and Nigerian participation at the G20 Summit scheduled for South Africa in November 2025. Prof. Sylvester Akhaine, Director of Strategic Communication, and Dr Alfred Chiakor, Director of Planning and Implementation at ATTID, made thisContinue Reading
By Okeoghene Akubuike The International Monetary Fund (IMF) has projected global growth at 3.0 per cent in 2025 and 3.1 per cent in 2026, as significant policy shifts continue to unfold worldwide. This projection is contained in the IMF’s latest World Economic Outlook (WEO) Update for July 2025, titled “GlobalContinue Reading
By Lucy Ogalue The Corporate Affairs Commission (CAC) has commenced a new phase of striking off companies that have failed to comply with the provisions of the Companies and Allied Matters Act (CAMA), 2020. This was disclosed in a public notice issued by the Commission on Tuesday in Abuja. AccordingContinue Reading
