27 articles tagged
Nigerian comedian Seyi Law has reiterated his unwavering support for President Bola Tinubu, asserting he would 'stake everything' on the administration amid ongoing economic challenges and criticism. He commended Tinubu's achievements in stabilizing the economy and implementing essential reforms.
Dangote Group has announced plans to enhance its refinery, fertiliser, and polypropylene production, aiming to strengthen Nigeria's MSMEs and boost industrial development.
Recent analysis by Chatham House suggests President Bola Tinubu's diplomatic efforts lack significant impact on Nigerians' everyday lives, coinciding with a notable shift in US Africa policy emphasizing trade and mineral partnerships.
Dispatch riders are becoming increasingly vital to Nigeria's logistics sector, often turning to this job as a livelihood amid a tough job market. However, they face numerous challenges including high operational costs and safety risks.
Senate President Godswill Akpabio stated that Bola Ahmed Tinubu took over an economy he described as 'foamy' upon his election in 2023. He pledged that the National Assembly will continue to support Tinubu’s reform initiatives.
Research is transforming FSDH into a leader in the market by translating data into effective strategies. The bank’s analysis fosters improved decision-making and contributes to Nigeria's economic development.
Vice President Kashim Shettima has defended the government's tax reform initiative aimed at reducing multiple levies that burden businesses and low-income individuals. He emphasized that these reforms are intended to improve living standards and combat poverty.
Wale Edun has confirmed that the new tax regulations will undergo careful monitoring to guarantee fairness and transparency. The assurance was made during the signing event of the Presumptive Tax framework in Abuja.
Nestlé Nigeria has reported a return to annual profit for the fiscal year 2025, achieving a net profit of N105 billion. This marks a significant turnaround from the N164.6 billion loss recorded in the previous year, primarily attributed to a stable foreign currency exchange rate.
The Nigeria Customs Service has decided to keep the old licensing fees for freight forwarders, alleviating concerns among industry stakeholders. This choice follows substantial lobbying against a proposed increase that would have drastically raised costs.
The Debt Management Office (DMO) has revealed plans to auction three Federal Government bonds totaling N800 billion, priced at N1,000 each. The auction, scheduled for February 23, aims to attract public subscription with varying interest rates and maturities.
Dangote Petroleum Refinery has announced a reduction in the price of Premium Motor Spirit, decreasing it by N25 from N799 to N774 per litre, effective immediately. This move aims to enhance the competitiveness of domestically refined fuels.
Residents in the Federal Capital Territory, particularly in satellite towns, are voicing their grievances over the worsening electricity situation which is disrupting their businesses. Many claim that despite significant investments in the power sector, their experiences have not improved.
Nigerian stocks recorded their best weekly gains of the year, propelled by positive market sentiment and strong corporate earnings. Analysts anticipate continued interest in real sector stocks due to ongoing earnings reports and dividend projections.
Nigerians now have the opportunity to win part of N600 million in cash and prizes through everyday meals paired with Coca-Cola.
