NY Mayor's City-Run Grocery Stores Plan Sparks Debate
New York's incoming socialist mayor Zohran Mamdani proposes government-run supermarkets to address food insecurity affecting 1.4 million residents. The plan faces criticism from conservatives.
Category : Business
Digital Call-Up System Transforms Nigerian Port Operations
TTP's electronic call-up system Eto has scheduled over 3.38 million truck movements, reducing congestion and improving turnaround times at Lagos ports. Stakeholders urged to unite for continued progress.
South Sudan Aid Plane Crash Kills Three Crew Members
A cargo plane carrying food aid for Samaritan's Purse crashed in South Sudan's Unity State, killing all three crew members. The Nari Air aircraft was delivering supplies to flood victims.
MMC 7.0: Energy Leaders Converge in Lagos
Top African energy executives gather at MMC 7.0 in Lagos to discuss sustainable energy's role in powering Africa's industrial revolution and equitable trade. Join the conversation December 4-5, 2025.
$10M GAIN Funding to Tackle Vitamin A Deficiency
Global Alliance for Improved Nutrition commits $10 million to combat vitamin A deficiency through biofortified staple crops in Nigeria. Learn how this initiative transforms food security.
Anambra Issues FirstPower 1-Year Electricity License
Anambra State grants FirstPower Electricity Company a one-year interim distribution license under new state regulatory framework. Historic move aims to boost power supply across the state.
Canada Advances New Oil Pipeline Amid Climate Concerns
Canadian PM Mark Carney signs agreement for new Alberta-Pacific oil pipeline, raising climate concerns while aiming to boost Asian exports amid US trade tensions.
Uyo Airport Designated as International Facility
Federal Government officially designates Victor Attah International Airport in Uyo as international airport. Minister Festus Keyamo announces completion of transition committee. Read more about this aviation milestone.
AfDB approves $500m loan for Nigeria's budget
African Development Bank approves $500 million budget support for Nigeria to boost non-oil revenues and energy sector reforms. Learn how this impacts Nigeria's economic growth.
Venezuela bans 6 airlines over security dispute
Venezuela bans Iberia, TAP, LATAM and 3 other airlines for suspending flights over US military activity. Over 8,000 passengers affected as Portugal calls move 'disproportionate'.
Major Banks Back MMC 7.0 for Africa's Industrial Growth
Leading commercial banks unite behind MMC 7.0 to mobilize capital for African entrepreneurs. Join the event on Dec 4-5 in Lagos to unlock funding opportunities.
Olubadan Launches Economic Committee for Ibadan Growth
Olubadan of Ibadanland Oba Ladoja establishes Economic and Investment Committee to address manufacturing challenges. FMCG Association and Jaiz Bank pledge support for city's economic transformation.
New 30,000 bpd Modular Refinery Launches in Delta
The Federal Government has endorsed a new 30,000-barrel-per-day modular refinery in Koko, Delta State. This project by Ebenco Global is set to create jobs and reduce Nigeria's reliance on imported fuel.
CIT Revenue Reaches N2.78 Trillion in Q2 2025
Federal government records N2.78 trillion company income tax in Q2 2025, a 40.27% quarterly increase. Financial services sector drives growth while manufacturing faces challenges.
CIoD Demands Tax Reforms Benefit Infrastructure by 2026
CIoD Nigeria urges Federal Government to ensure 2026 tax reforms directly improve infrastructure like roads, healthcare, and education. Learn how reforms aim to diversify revenue.
Benue's Wealthiest: Top 20 Rich Men 2025
Discover the richest men in Benue State with fortunes from politics, business and entertainment. See who tops the list with $300 million net worth.
16 Banks Meet CBN Recapitalisation Target
CBN reveals 16 banks have successfully met recapitalisation requirements as Governor Cardoso updates on monetary policy, forex gains, and economic progress.
NEPC Connects Nigerian Exporters to UAE Market
NEPC and FMITI host a webinar to unlock UAE market prospects for Nigerian exporters, aiming to bridge a $1.5 billion trade deficit and boost non-oil exports.
AfDB Approves $500m Loan for Nigeria Energy Reforms
African Development Bank approves $500 million loan to support Nigeria's energy sector reforms and climate action. Learn how this funding will transform Nigeria's power sector.
Nigerian Youth Lead Tax Reform Dialogue at NEC 2025
Nigeria's 2025 National Essay Competition concludes in Abuja with young thinkers advocating for tax reforms and governance. Winners spotlight future economic policies. Read their visionary ideas!
Edo Govt Denies Revoking Presco Land Rights
Edo State government refutes an unauthorised notice revoking Presco Plc's land rights. Read the official statement and analysis on the state's commitment to investor protection.
MAN: 37% Lending Rate Hinders Manufacturing
MAN laments 37% lending rate, says high borrowing costs hinder production and reduce competitiveness. DG Segun Ajayi-Kadir urges CBN for rate reduction.
CIT Revenue Reaches N2.78 Trillion in Q2 2025
Federal government records N2.78 trillion company income tax in Q2 2025, a 40.27% quarterly increase. Financial services sector dominates while manufacturing faces challenges.
Nigeria to Cut CGT and Corporate Tax Rates in 2026
Federal government confirms plans to reduce Capital Gains Tax from 30% to 25% and Corporate Income Tax from 30% to 25% in 2026. Tax reforms to boost business profitability and attract investments.
Man gets N80k reward for returning N810k sent by mistake
A Nigerian man's honesty pays off after he returned N810,000 mistakenly sent to his OPay account. Discover how his integrity earned him an N80,000 reward and nationwide praise.
98% of Nigerian Workers Exempt from Income Tax by 2026
Tax reforms chairman Taiwo Oyedele reveals 98% of Nigerian workers will be exempt from personal income tax starting January 2026. Small businesses also get VAT relief. Learn how this affects you!
Kano farm project achieves 86% grain production target
Kano State Agro-Pastoral Development Project reaches 86% of annual grain target, supporting 477,284 farmers. Major reduction in postharvest losses recorded.
NICA Hosts Credit Conference & Awards in Lagos
The National Institute of Credit Administration hosted its 2025 Credit Managers conference and 10th Annual Nigeria Credit Industry Awards in Lagos to strengthen Nigeria's credit system.
Kano Free Trade Zone Hits N18.8b Revenue in 2025
Kano Free Trade Zone reports N18.8 billion revenue from Jan-Oct 2025, signaling growth in Nigeria's non-oil sector. Discover how this achievement boosts economic diversification.
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.
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