News
Fuel Subsidy Removal: NNPC Offsets $4.68bn Cash Call Debt To IOCs
The Nigerian National Petroleum Company Ltd (NNPCL) has officially cleared its outstanding $4.68 billion cash call debt to five international...
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LCCI President Calls for Stronger Nigeria-Taiwan-Africa Business Partnerships
Gabriel Idahosa, President of the Lagos Chamber of Commerce and Industry (LCCI), has emphasized the need for enhanced business collaborations...
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NDIC Pledges Stronger Protection for Depositors Amid Bank Failures
The Nigeria Deposit Insurance Corporation (NDIC) has reiterated its dedication to ensuring stability in the Nigerian banking sector by guaranteeing...
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Lagos Tackles Egg Glut as NatnudO Foods Launches Poultry Empowerment Initiative
Following a report on the challenges faced by poultry farmers due to the naira scarcity, the Lagos State government has...
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Lagos State Projects $33 Billion Investment to Meet Energy Demands by 2030
Lagos State has projected an investment requirement of between $14 billion and $33 billion to address its energy generation needs...
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Senate Calls for Innovative Financial Solutions to Empower Local Contractors in Nigeria
The Joint Committee on Works in Nigeria’s National Assembly has stressed the importance of innovative financial solutions to support local...
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Manufacturers’ Unsold Inventory Rises By 357.6% To N1.24trn
Nigeria’s manufacturing sector is grappling with economic pressures as real output and capacity utilization saw slight dips in the first...
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Tax Reform Bill to Eliminate Subnational Consumption Taxes, Says Oyedele
Taiwo Oyedele, Chairman of the Presidential Tax Reform Committee, has revealed that the upcoming tax reform bills will remove all...
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Flourish Africa Empowers Women Entrepreneurs with N300 Million Grants ,Expand Funding Commitment to N1.3 billion
Flourish Africa, a female empowerment organization founded by philanthropist Apostle Folorunso Alakija, recently awarded N3 million grants to 100 female-owned...
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Lagos Boosts Entrepreneurship with Skills Training for 1,200 Artisans and Tradesmen, Unveils Initiatives to Tackle Youth Unemployment
Lagos State Governor Babajide Sanwo-Olu announced initiatives aimed at tackling youth unemployment by empowering artisans and tradesmen through skills development....
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