News & Updates

Each year, Nigeria’s federal government sets ambitious revenue targets. And year after year, those ambitions fall short. Despite a decade read more Nigeria’s revenue shortfalls: Tinubu’s biggest fiscal challenge in 2025 Source link

read more BusinessDay 14 Mar 2024 Source link

Nigeria has closed its connectivity gap by 57.97 percent between 2013 and 2024. The number of unconnected clusters, areas with little to no network services, has fallen from 207 to 87, benefiting 13.8 million people. In 2013, the number of people living in unserved and underserved areas amounted to 36.8 million, and has fallen to […]

Festus Keyamo, the Minister of Aviation and Aerospace Development, received Humphrey Geiseb, the ambassador of Namibia to Nigeria, in his office in Abuja, where they both discussed possibilities for visa on arrival for Nigerians. The discussions also revolved around the existing Bilateral Air Services Agreement (BASA) between Nigeria and Namibia and potential collaborations to enhance […]

…Says maybe the lawmakers will instruction to obey the Supreme Court order Gov Sim Fubara of Rivers State has opened up on how he was stopped by the 27 lawmakers from presenting the state’s budget as ordered by the Supreme Court. The governor was denied access to the place the lawmakers sit and thus the […]

Transnational Corporation Plc (Transcorp Group), a Nigerian conglomerate, has sustained its growth trajectory, underscoring its strategic positioning and operational efficiency in the Nigerian economy. According to the group’s audited financial statement for the year ended December 31, 2024, Transcorp’s revenue surged by 107 percent to N408 billion from the N197 billion recorded in 2023, driven […]

The re-election of Mudashiru Ajayi Obasa as the speaker of the Lagos House of Assembly didn’t come to this writer as a surprise. President Bola Ahmed Tinubu rewards loyalty. He doesn’t jettison or abandon his loyalists in the middle of the political sea. He does everything humanly possible to ensure that his embattled loyalists sail […]

The recent decampment of Nasir El-Rufai, a former governor of Kaduna State, seems to have triggered a wave of resignation from the ruling All Progressives Congress (APC) in Kaduna State. El-Rufai had on Monday, announced his departure from APC, joining the Social Democratic Party (SDP). A growing number of APC members, particularly, those who were […]

Artificial Intelligence (AI) is no longer the future—it is the present, reshaping enterprise sales across Africa. Businesses that fail to embrace AI-powered automation, predictive analytics, and customer engagement strategies risk being left behind. AI is not replacing sales teams—it is making them more efficient, optimising workflows, and driving higher revenue. Why AI is changing the […]

The Nigerian National Petroleum Company Limited (NNPCL) has clarified its stand about the crude for Naira sales arrangement, stating that the contract for the sale of crude oil in Naira was structured as a six-month agreement and subject to availability. Olufemi Soneye, chief Corporate Communications Officer of NNPCL, responding to news reports on the termination […]