Business

The Senate Committee on Ethics and Public Petitions has recommended six-month suspension for Senator Natasha Akpoti-Uduaghan over sexual harassment allegations levelled against Senate President Godswill Akpabio. Senator Neda Imasuen, the chairman of the committee, made this recommendation during the plenary session on Thursday, adding that both her salary and her staff be halted during the […]

Nigeria’s Eurobond market closed the month of February in positive territory, signalling sustained foreign investor confidence. According to data from the Debt Management Office (DMO), the average yield on Nigeria’s Eurobonds closed at 8.80 percent, 41 basis points down from 9.21 percent at the beginning of February, a signal of strong investor appetite. In the […]

The French Embassy in Nigeria has announced an initiative to bolster the country’s vibrant music scene with the launch of two 5-day Amplify Bootcamps, targeting emerging musical artists and their managers. Set to take place in Abuja from March 24th to 28th and in Lagos from April 7th to 11th, these training programs aim to […]

Nigeria risks repeating the cycle of near-reform success syndrome if it does not reform its political institutions—starting with the Independent National Electoral Commission (INEC). What drives individuals in any activity are the incentives they hope to gain upon its completion. Research has shown that the growth miracles experienced by the Asian Tigers and the growth […]

Stakeholders have called for stronger bilateral cooperation between the U.S. and African governments to address challenges such as regulatory barriers, infrastructure deficits, and currency fluctuations. Akinremi Bolaji, director of economy, trade and investment at Nigeria’s Ministry of Foreign Affairs in his keynote address at the U.S.-Africa Trade Commission Business Networking Lunch-Hour Workshop, stressed the need […]

Alexander Owoeye, Justice of the Federal High Court, Ikoyi, Lagos, has adjourned the trial of Jude Okoye Chigozie, former manager and elder brother of music duo Peter and Paul Okoye, to April 14, 2025. According to a statement by Dele Oyewale, EFCC Spokesman, Okoye, alongside his company, Northside Music Limited, is facing a seven-count charge […]

In the ever-evolving landscape of Nigerian politics, where influence is often concentrated in the hands of a select few, Omorede Osifo has proven that determination, intelligence, and courage can break barriers. As the Deputy National Treasurer of the All Progressives Congress (APC), she took a bold step at the recent party’s National Executive Council (NEC) […]

BUA Cement Plc has proposed final dividend of N2.05 per ordinary share for the period ended December 31, 2024. The final dividend which is subject to appropriate withholding tax will be paid to shareholders whose names appear in the Register of Members at the close of business on August 8, 2025. BUA Cement Plc recently […]

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Egyptian Foreign Minister Badr Abdelatty announced on Sunday that Egypt’s Gaza reconstruction plan is complete and will be presented at an emergency Arab summit in Cairo on Tuesday. The plan, which ensures Palestinians remain in their homeland, comes as Arab nations unite to counter President Donald Trump’s controversial proposal for US control of Gaza and […]