Lafarge Africa Reports 53% Growth in Profit to N60.08bn

Kayode Tokede Lafarge Africa Plc has announced a profit after tax of N60.08 billion for the nine months ended September 30, 2024, about 53 per cent increase over N39.31billion reported in nine months of…

Experts: Local Content Enforcement Critical to Renewable Energy Growth in Africa

Oluchi Chibuzor  Experts in the renewable energy industry across Africa have called for the strengthening of local content to catalyse growth in the continent’s renewable energy sub-sector across the continent.…

Govt allocates N18bn compensation for Lagos-Calabar highway

A total of N18bn has been allocated to compensate affected property owners on section 1 of the Lagos-Calabar coastal highway, the Minister of Works, David Umahi, announced on Sunday. Umahi also stated that everyone on the compensation list of section 1 of the coastal road must have been paid in 10 days. He spoke during
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A total of N18bn has been allocated to compensate affected property owners on section 1 of the Lagos-Calabar coastal highway, the Minister of Works, David Umahi, announced on Sunday. Umahi also stated that everyone on the compensation list of section 1 of the coastal road must have been paid in 10 days. He spoke during

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Afreximbank, Woodhall Sign $25m Facility to Support Export Businesses

Nume Ekeghe Woodhall Capital, a financial Services firm, has signed a $25 million loan facility with the African Export–Import Bank (Afreximbank) to provide a support vehicle for Nigerian SMEs entering…

ESG Forum to Discuss Sustainable Investments across Africa

Agnes Ekebuike Pan-African Environmental, Social, and Governance (ESG) Forum 2024, will be discussing the transformative role of carbon markets in fostering sustainability and economic growth across Africa. Themed: “The Carbon…

NIA to End Insurance Claims Fraud VIa Digital  Claims Collation, Tracking 

Ebere Nwoji New Chairman of Nigerian Insurers Association (NIA), Mr Kunle Ahmed, has said that the  association during his tenure would end the era of  claims fraud and controversy over…

Google Supports FG with N2.8bn Grant to Accelerate AI Talent in Nigeria 

Emma Okonji The Federal Ministry of Communications, Innovation and Digital Economy (FMCIDE), has announced fresh support from Google to accelerate AI talent development across Nigeria.  The support, which is provided…

Oku: Japanese Companies Willing to Collaborate With Nigerian Startups

Oluchi Chibuzor  In order to promote mutual trade and investment between his Country and Nigeria, the Trade Commissioner and Managing Director, Japan External Trade Organisation (JETRO), Mr. Takashi Oku, has…

Tinubu Congratulates Adedutan as FBN Celebrates Ex-Group CEO

President Bola Ahmed Tinubu congratulates  Dr Adesola Adeduntan, the retired Group Chief Executive Officer of First Bank Nigeria Limited, for his exceptional service at Nigeria’s oldest bank.  In celebration of…

FG projects N44tn revenue as Reps oppose tax review

The Federal Government is pressing ahead with critical tax reforms with the hope of hitting 18 per cent tax to Gross Domestic Product ratio by 2026. In August 2023, President Bola Tinubu inaugurated the Presidential Fiscal Policy and Tax Reforms committee, headed by Taiwo Oyedele, with a mandate to achieve 18 per cent tax-to-GDP ratio
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The Federal Government is pressing ahead with critical tax reforms with the hope of hitting 18 per cent tax to Gross Domestic Product ratio by 2026. In August 2023, President Bola Tinubu inaugurated the Presidential Fiscal Policy and Tax Reforms committee, headed by Taiwo Oyedele, with a mandate to achieve 18 per cent tax-to-GDP ratio

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Business & Economy

Dangote, NUPENG Face-off: NLC seeks Tinubu’s intervention
Nigeria Economic Society to honour G-24 director Iyabo Masha, Shettima, others