Rice import: LCCI slams FG over delayed implementation

The Lagos Chamber of Commerce and Industry has criticised the Federal Government for its delay in implementing the duty-free food importation policy, particularly following the arrival of a 32,000-tonne shipment of brown rice from Thailand in Lagos. The rice, imported through logistics firm DUCAT, was intended to mitigate the escalating food inflation, which dropped to
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The Lagos Chamber of Commerce and Industry has criticised the Federal Government for its delay in implementing the duty-free food importation policy, particularly following the arrival of a 32,000-tonne shipment of brown rice from Thailand in Lagos. The rice, imported through logistics firm DUCAT, was intended to mitigate the escalating food inflation, which dropped to

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Coca-Cola rewards consumers with N70m

Coca-Cola has unveiled its Coke Studio ‘Beat the Drop’ campaign, rewarding consumers with prizes worth N70m, including all-expenses-paid trips to South Africa. The campaign, launched in December 2024, has awarded four winners with South Africa trips and 20 participants with N1m each, according to a statement. Senior Director of Frontline Marketing at Coca-Cola Nigeria, Yusuf
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Coca-Cola has unveiled its Coke Studio ‘Beat the Drop’ campaign, rewarding consumers with prizes worth N70m, including all-expenses-paid trips to South Africa. The campaign, launched in December 2024, has awarded four winners with South Africa trips and 20 participants with N1m each, according to a statement. Senior Director of Frontline Marketing at Coca-Cola Nigeria, Yusuf

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Oyedele eyes early enactment of tax reforms bill

The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, expects the Nigeria Tax Reform Bill to be enacted into law by the end of the first quarter of 2025. Oyedele, speaking virtually on Thursday at the Lagos Chamber of Commerce and Industry’s 2025 Economic Review and Outlook Conference, predicted that
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The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, expects the Nigeria Tax Reform Bill to be enacted into law by the end of the first quarter of 2025. Oyedele, speaking virtually on Thursday at the Lagos Chamber of Commerce and Industry’s 2025 Economic Review and Outlook Conference, predicted that

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Reps panel commends FRSC’s enforcement of traffic laws

The House of Representatives Committee on the Federal Road Safety Corps has commended the Corps Marshal on the enforcement of traffic laws in 2024 leading to improved fines generation and called for sustained aggression in the new year. According to a Thursday statement by the Corps Public Education Officer, Olusegun Ogungbemide, the observations made by
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The House of Representatives Committee on the Federal Road Safety Corps has commended the Corps Marshal on the enforcement of traffic laws in 2024 leading to improved fines generation and called for sustained aggression in the new year. According to a Thursday statement by the Corps Public Education Officer, Olusegun Ogungbemide, the observations made by

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NiDCOM hails CBN’s initiatives to boost diaspora remittances

The Nigerians in Diaspora Commission has hailed the Governor of the Central Bank of Nigeria, Olayemi Cardoso, for the introduction of two financial initiatives: the Non-Resident Nigerian Ordinary Account and the Non-Resident Nigerian Investment Account. In a statement issued on Thursday by NiDCOM’s spokesperson, Abdurahman Balogun, the commission’s Chairman, Abike Dabiri-Erewa, described the move as
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The Nigerians in Diaspora Commission has hailed the Governor of the Central Bank of Nigeria, Olayemi Cardoso, for the introduction of two financial initiatives: the Non-Resident Nigerian Ordinary Account and the Non-Resident Nigerian Investment Account. In a statement issued on Thursday by NiDCOM’s spokesperson, Abdurahman Balogun, the commission’s Chairman, Abike Dabiri-Erewa, described the move as

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FG debunks Third Mainland Bridge damage rumour

The Federal Government has debunked a rumour that the Third Mainland Bridge is shaking, describing it as baseless and driven by ulterior motives. The News Agency of Nigeria reports that some messages on social media platforms such as WhatsApp and Facebook claimed that a part of the Third Mainland Bridge had opened up and the
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The Federal Government has debunked a rumour that the Third Mainland Bridge is shaking, describing it as baseless and driven by ulterior motives. The News Agency of Nigeria reports that some messages on social media platforms such as WhatsApp and Facebook claimed that a part of the Third Mainland Bridge had opened up and the

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Lagos orders six more trains from China

The Lagos Blue Line Rail is set to get six additional trains to strengthen the state’s transportation capacity. The Lagos Metropolitan Area Transport Authority made this known on Thursday in a statement shared on its X handle. The agency stated that the new trains will deliver value to commuters and thereby increase the state’s economic
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The Lagos Blue Line Rail is set to get six additional trains to strengthen the state’s transportation capacity. The Lagos Metropolitan Area Transport Authority made this known on Thursday in a statement shared on its X handle. The agency stated that the new trains will deliver value to commuters and thereby increase the state’s economic

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Explosion: One year after, scars still fresh as Ibadan recovers from devastating blast

One year ago, an explosion disrupted the calm Old Bodija, Ibadan, sending panic across the entire Oyo State capital. The explosion left human casualties and material losses in its wake. WALE AKINSELURE, in this report, details firsthand accounts and recovery stages after the explosion, the victims’ quest for relief, and the current state of the
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One year ago, an explosion disrupted the calm Old Bodija, Ibadan, sending panic across the entire Oyo State capital. The explosion left human casualties and material losses in its wake. WALE AKINSELURE, in this report, details firsthand accounts and recovery stages after the explosion, the victims’ quest for relief, and the current state of the

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The day alcohol showed me shégè (2)

Without cross-ventilation, the staffroom was a dimly illuminated coven where students were flogged together with their shadows. Painted blue upon crimson baseboard, the staffroom always wears a mean look, like a barracks on coup day. “Where did you fetch the òdaràn from?” Mr Olukitibi asked the senior students. “School farm, sir,” they chorused. “But I
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Without cross-ventilation, the staffroom was a dimly illuminated coven where students were flogged together with their shadows. Painted blue upon crimson baseboard, the staffroom always wears a mean look, like a barracks on coup day. “Where did you fetch the òdaràn from?” Mr Olukitibi asked the senior students. “School farm, sir,” they chorused. “But I

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Niger gov eliminates PTA fees for public schools

Niger State Governor, Mohammed Bago, has abolished Parents Teachers Association fees for parents and guardians of students attending public primary and secondary schools across the state. The governor emphasised that the state government would now fully cover the costs previously borne by parents under the PTA. Governor Bago issued the directive on Thursday during an
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Niger State Governor, Mohammed Bago, has abolished Parents Teachers Association fees for parents and guardians of students attending public primary and secondary schools across the state. The governor emphasised that the state government would now fully cover the costs previously borne by parents under the PTA. Governor Bago issued the directive on Thursday during an

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Business & Economy

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Nigeria publishes new tax reform laws in official gazette
Reps to meet ministers over 2025 budget implementation crisis – Lawmaker
Strike: Talks with NUPENG deadlocked as Dangote Refinery representatives stage walkout
Experts fault Nigeria’s forest economy plan for sidelining charcoal, urge policy reform
40 countries indicate interest in Abuja Trade Fair – Official