$2bn Power Investments Flow into Nigeria After Reforms
Nigeria attracts over $2 billion in energy investments due to Electricity Act 2023 reforms. Minister Adelabu reveals decentralized power market driving investor confidence nationwide.
Category : Search result: Business Facilitation Act
FCTA Enforces 1,095 Abuja Property Title Revocations
The FCT Administration has begun enforcement on 1,095 revoked property titles in highbrow Abuja districts. Owners failed to settle ground rent and other statutory payments despite repeated notices.
Senate Amends Terrorism Act to Fight Kidnapping
Nigeria's Senate begins process to amend Terrorism Act, classifying kidnapping as terrorism with death penalty. Committee investigates Safe School Initiative amid rising abductions.
EU Could Fine Elon Musk's X Platform by 2025 End
The European Union may impose a fine on Elon Musk's X platform for violating digital content rules by end of 2025. Discover how this landmark case tests EU's tech regulation power.
SEC Sets January 2026 Deadline for ISA Compliance
Nigeria's SEC mandates all capital market operators to declare ISA 2025 compliance and register tradable instruments by January 2026. Dr. Agama announces new era for market transparency.
Senate Approves Death Penalty for Kidnapping
Nigerian Senate classifies kidnapping as terrorism, imposing mandatory death penalty. Recent abductions in Kano, Niger, Kwara, and Kebbi states highlight urgent security crisis.
Senate Recommends Death Penalty for Kidnappers
Nigeria's Senate classifies kidnapping as terrorism, mandates death penalty for convicts. Read how this new resolution aims to combat rising insecurity.
EU Targets Shein Over Childlike Sex Dolls
European Union intensifies pressure on Shein following French uproar over childlike sex dolls sale. Platform faces suspension threat as EU investigates systemic consumer risks.
Doctor Helps Boy Reading Under Streetlight, Video Goes Viral
A Nigerian doctor's heartwarming encounter with a boy studying under a flickering streetlight has gone viral on TikTok. Discover how a simple act of kindness inspired thousands online.
EU Lawmakers Seek Easier Suspension of Shopping Platforms
EU lawmakers call for easier suspension of e-commerce platforms like Shein following outrage in France over the sale of childlike sex dolls. A court will hear the case on December 5.
N1.6trn Niger Delta cleanup funds lost - Reps
House Committee reveals Nigeria lost N1.6 trillion in Niger Delta cleanup funds due to PIA non-implementation. Environmental crisis worsens as communities suffer.
N850bn PIA Environmental Funds Not Implemented - Reps
House Committee warns of deepening ecological devastation in Niger Delta as Petroleum Industry Act environmental funds remain unimplemented four years after passage. Urgent action needed.
BOI Unveils Business Clinic to Save Nigerian MSMEs
Bank of Industry launches structured Business Clinic model to address MSME survival crisis. Only 20% of Nigerian businesses survive past 5 years. New program targets 24,000 enterprises by 2027.
N1.65trn PIA Funds Denied to Niger Delta
House Committee exposes how Niger Delta lost N1.65 trillion in environmental cleanup funds due to PIA implementation failures. Lawmakers demand immediate action.
Reps query non-implementation of PIA environmental funds
House of Representatives committee warns of deepening ecological crisis in Niger Delta as ₦1.65 trillion environmental funds remain unimplemented four years after PIA enactment. Urgent action needed.
$50,000, Free Tablets for SMEs at AfCFTA Summit
Nigerian SMEs can win $50,000 in AWS credits and free tablets at the Mentor Matchup Challenge 7.0 summit in Lagos on Dec 4-5. Learn how to scale your business for AfCFTA markets.
Nigerian sentenced for $290K COVID-19 fraud in US
Temitope Bashua, 29-year-old Nigerian, sentenced to 30 months in US prison for $290,000 COVID-19 relief fraud scheme. Learn details of the case and consequences.
Rivers revokes land for waste disposal facility
Rivers State Government acquires 65,757.74m² land in Igwuruta for REWAMA waste disposal project under public interest. Read details on the Land Use Act invocation.
Senate Confronts Nigeria's Health Funding Gap
Senate President Godswill Akpabio warns Nigeria's health funding falls critically short of commitments. The Senate moves to pass key bills, including doubling the Basic Healthcare Provision Fund, to tackle systemic crises.
UK Rejects Nigeria's Request for Ekweremadu
The UK government has refused Nigeria's request to deport former Senator Ike Ekweremadu, who is serving a prison sentence for organ trafficking. Learn the details of this landmark case.
UK Rejects Ekweremadu's Prison Transfer to Nigeria
UK government denies Nigeria's request for Ike Ekweremadu to serve organ trafficking sentence at home. Former Deputy Senate President must complete 9-year term in UK prison.
Nigeria's Petroleum Reforms Earn Continental Recognition
Pan African Parliament commends Nigeria's petroleum sector reforms and PIA implementation. Nigeria's oil production rebounds to 1.7 million barrels daily, becoming Africa's benchmark for oil governance.
Kano Pushes for Stronger Broadcasting Standards in Nigeria
Kano State Government has submitted a memorandum to the Senate for NBC Act review, aiming to tackle misinformation and set ethical standards for digital media. Read the full story.
Alim Abubakre Appointed to BCA Board, Strengthens UK-Africa
Dr Alim Abubakre's appointment to the Business Council for Africa board marks a strategic move to enhance UK-Africa business relations, governance, and leadership development. Discover how this shapes continental prosperity.
Mayor of Housing Urges Akwa Ibom Business Resilience
My-ACE China advises Akwa Ibom businesses to think creatively despite government challenges. Investors highlight CofO delays, ease of doing business issues affecting local entrepreneurship.
Lady Marks 7 Years of Consistency in Akara Trade
A Nigerian entrepreneur celebrates 7 successful years in her akara business. Her viral TikTok video inspires thousands with message of consistency and hard work in Nigeria.
EFCC Arrests Archbishop for Naira Abuse
EFCC arrests Archbishop Angel Oyeghe for naira mutilation after viral video showed money sprayed on cow during church event. Suspect faces charges under CBN Act.
Lady Turns Balcony into Mini Skincare Shop in Nigeria
A young Nigerian entrepreneur transforms her balcony into a functional skincare and perfume shop. Watch the viral TikTok transformation that inspired thousands online.
Rowdy House Session Over INEC's Powers
The House of Representatives witnessed a heated debate over INEC's legal authority to monitor political parties. Meanwhile, INEC declared BVAS has ended voter impersonation in Nigeria's elections.
Ports Police Intensify Maritime Security Collaboration
The Ports Authority Police, Western Command, is strengthening ties with NIMASA, NPA, and other stakeholders to enhance security, facilitate trade, and safeguard Nigeria's maritime assets. Learn about the new security initiatives.
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