The Stanford Seed Transformation Network Nigeria inducted 16 new members into its ranks as part of Cohort 14. The induction ceremony took place at a vibrant event held at Radisson Blu, Ozumba Mbadiwe, Victoria Island, on the evening of Friday, November 22, 2024. The event, which also served as the[Read More…]
Author: Godwin Anyebe
NAFDAC Raids, Closes Warehouse In Okota, Warns Public
The National Agency for Food and Drug Administration and Control (NAFDAC) has uncovered a warehouse in Oke-Afa, Okota, Lagos, filled with unregistered and expired items. A team from the agency acting on intelligence, raided the facility and apprehended the operators who were offloading a 20-foot container filled with unregistered carbonated[Read More…]
Governor Alia assures Benue NUJ of supports
Benue State Government has assured that it would continue to support the Benue State Council of the Nigeria Union of Journalists (NUJ) to enable it perform their role as journalists without hindrance. The Technical Adviser to the Governor on Media, Publicity and Strategic Communication, Solomon Iorpev, stated this on Tuesday[Read More…]
NCC Engaging CBN Over Telcos, Banks’ N250bn USSD Debt
The Nigerian Communications Commission has said it is engaging with the Central Bank of Nigeria (CBN) over the Unstructured Supplementary Service Data (USSD) debt issue between the telecom operators and the commercial banks in the country. USSD, also known as quick or feature codes, is a global system for mobile[Read More…]
Consumers To Benefit More From NCC’s Planned Tariff Reforms
New reforms aimed at enhancing tariff transparency in the telecommunication industry will soon be rolled by the Nigerian Communication Commission As a result of these reforms which will be coming up any moment from now, telecom operators would be expected to provide consumers with clear, easily accessible tables outlining tariff[Read More…]
Dangote resumes US crude purchase after three months
The Dangote Petroleum Refinery has recommenced the purchase of crude oil from the United States in its ongoing efforts to ramp up oil production and enhance its refining capacity. The new purchase comes after a three-month hiatus in purchasing crude from foreign countries, focusing instead on domestic supply. A report[Read More…]
Benue approves ₦75,000 minimum wage, pledges arrears payment
Benue State Governor, Hyacinth Alia, has approved a new minimum wage of ₦75,000 for workers in the state. According to a statement issued recently by his Chief Press Secretary, Kula Tersoo, the governor made the announcement at the State Secretariat following a meeting with representatives of organised labour. The statement[Read More…]
FG Revenue Rises 76% to N12.5tn, Fueled by Tax and Oil Gains — Budget Office
The Federal Government’s earnings have increased by 76 percent, rising from N7.1 trillion in 2022 to N12.5 trillion in 2023, due to higher taxes and oil revenues. This information was revealed in the recently released 2025-2027 Medium Term Expenditure Framework and Fiscal Strategy Paper from the Ministry of Budget and[Read More…]
Increased tax revenue collection will reduce Nigeria’s debt burden – FIRS
The Federal Inland Revenue Service (FIRS), has said that an increase in tax collection will enhance Nigeria’s revenue and cut down the urge to borrow to fund the economy. According to the revenue agency, it would ultimately lead to a lower national debt burden. In a paper presentation titled: “Interaction[Read More…]
UNILEVER and WAPCO shine as All-Share Index gains 0.23%; PZ, TIP weigh on activity
The Nigerian All-Share Index (ASI) ended the trading session on Tuesday, November 19th, with a bullish stride, climbing 225.06 points to close the day in positive territory. This notable uptick pushed the index 0.23% higher to settle at 97,972.33 points, up from the previous day’s close of 97,747.27 points. However,[Read More…]
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FG Revenue Rises 76% to N12.5tn, Fueled by Tax and Oil Gains — Budget Office
The Federal Government’s earnings have increased by 76 percent, rising from N7.1 trillion in 2022 to N12.5 trillion in 2023, due to higher taxes and oil revenues. This information was revealed in the recently released 2025-2027 Medium Term Expenditure Framework and Fiscal Strategy Paper from the Ministry of Budget and[Read More…]