Weapons smuggling surge raises fresh security concerns

The surging cases of smuggling of arms and ammunition into the country through the nation’s seaports and airports have raised read more Weapons smuggling surge raises fresh security concerns

Nigeria’s private equity investments up 322% on energy, edtech

Private equity investments in Nigeria jumped by 321.8 percent in the first quarter (Q1) of 2024 largely on deals from read more Nigeria’s private equity investments up 322% on energy,…

FAO: Global Food Prices Steady in June, Cereal Production Hit Record High

Dike Onwuamaeze The Food and Agriculture Organisation (FAO) has stated that the benchmark for world food commodity prices remained stable in June.   The FAO Food Price Index, which track monthly…

CIoD Tasks Govt on Addressing Structural Constraints, Inclusive Growth

The Chartered Institute of Directors (CIoD), has declared that addressing structural constraints and promoting inclusive growth would diversify the economy and enable Nigeria to navigate through the complexities of the global…

NNPC/SPDC JV Donates ICT Centre to Bauchi Varsity

The Nigerian National Petroleum Company Limited (NNPC) and Shell Petroleum Development Company (SPDC), through its Joint Venture (JV) partnership, have reiterated their commitment to impact on lives through sustainable development…

Nigeria Boosted OPEC Oil Output by 50,000 bpd in June, Survey Finds

OPEC oil output rose in June for a second consecutive month, a Reuters survey has found, as higher supply from Nigeria and Iran offset the impact of voluntary supply cuts…

LCCI: Removal of Tariffs, Others on Pharmaceutical Raw Materials Will Boost Drug Manufacturing

Dike Onwuamaeze The Lagos Chamber of Commerce and Industry (LCCI) is optimistic that the recent Executive Order that introduced zero tariffs, excise duties, and Value-Added Tax (VAT) on imported pharmaceutical…

FG’s Directive: Top Housing Ministry Officials Sign Performance Contract

Emmanuel Addeh in Abuja Top officials of the Ministry of Housing and Urban Development have taken turns to sign performance contracts in line with President Bola Tinubu’s directive to that effect…

Rail Transport: Despite Seeming Neglect, Passengers Volume Grow 52% in Q1

Emmanuel Addeh in Abuja In spite of what appears to be governments’ inattention to rail transportation sector, passengers using the few kilometres available grew by 52.88 per cent in Q1, 2024…

GTCO Set to Raise N400.5bn Via Public Offer

Kayode Tokede Guaranty Trust Holding Company Plc (GTCO), yesterday revealed that it planned to raise nine billion ordinary shares of 50 kobo at an offer price of N44.50 per ordinary…

Business & Economy

NUPENG, IPMAN suspend strike after agreement with Dangote Refinery
AI, energy transition among Africa’s ‘opportunities in disguise’ – Shettima
FG says no immediate plan to implement  5% fuel surcharge
Nigeria publishes new tax reform laws in official gazette
Reps to meet ministers over 2025 budget implementation crisis – Lawmaker