By Rukayat Moisemhe The Lagos Business School (LBS) has unveiled an initiative aimed at addressing challenges to family businesses. The aim is to engender lasting business legacies and increase the country’s Gross Domestic Product (GDP). Dr Okey Nwuke, Director, LBS Family Business Initiative, made this known on Wednesday at aContinue Reading
Explosion By Desmond Ejibas Residents of Bonny Local Government Area in Rivers have dismissed reports of a fresh pipeline explosion, confirming that no such incident occurred. On Wednesday, viral reports claimed that militants had attacked two oil facilities in the area, which further heightened security concerns. However, residents of IloamatoruContinue Reading
Partnership By Ihechinyere Chigemeri-Uwom The Kingdom of Netherlands says it has strong interest in fostering economic cooperation with Abia Government in the area of waste management to boost circular economy in the state. The Deputy Consul-General of the Consulate General of the Netherlands in Nigeria, Mr Peter Keulers, said thisContinue Reading
By Okeoghene Akubuike The National Bureau of Statistics (NBS) has reaffirmed its commitment to ensuring effective communication of its statistical data. Mr Folunrunsho Alesanmi, Head, Communications and Public Relations Department, NBS, said this during the send-forth of the outgoing Director of the department, Mr Joel Ichedi, in Abuja on Tuesday.Continue Reading
By Martha Agas Some stakeholders have called on the Nigeria Customs Service (NCS) to ensure that its Corporate Social Responsibility (CSR) Unit implements projects that positively impact its operational areas, particularly border communities. The stakeholders made the call in an interview with the News Agency of Nigeria (NAN) on TuesdayContinue Reading
By Diana Omueza Mr Adegboyega Oyetola, the Minister of Marine and Blue Economy, says Africa’s contributions are crucial in shaping global shipping policies, with 90 per cent of the continent’s trade being seaborne. Oyetola said this on Tuesday in Abuja, during the African Strategic Summit on Shipping Decarbonisation. The two-dayContinue Reading
By Abiodun Lawal The President of Dangote Group, Alhaji Aliko Dangote, says his company returned to invest in Ogun due to Gov. Dapo Abiodun’s investor-friendly policies. Dangote made this known during a courtesy visit to the governor at his office in Abeokuta. He noted that the state had become oneContinue Reading
By Kadiri Abdulrahman The Executive Chairman of the Federal Inland Revenue Service (FIRS), Dr Zack Adedeji, has restated commitment to supporting initiatives that drive tax policy development and capacity building in Nigeria, and across the West African region. “We recognise the importance of domestic resource mobilisation in achieving economic developmentContinue Reading
By Okeoghene Oghenekaro The National Bureau of Statistics (NBS) says Nigeria’s headline inflation rate eased to 23.18 per cent in February 2025. The NBS disclosed this in its Consumer Price Index (CPI) and Inflation Report for February 2025, which was released in Abuja. According to the report, the headline inflationContinue Reading
Stock By Taiye Olayemi The stock market on Monday recorded mixed performances. Specifically, the market capitalisation shed a marginal loss of N8 billion or 0.01 per cent to close at N66.343 trillion from N66.351 trillion recorded on Friday. However, the All-Share Index dropped by 0.15 per cent or 155.96 pointsContinue Reading
