David Lesperance, an international tax and immigration advisor, provided insights into how individuals, especially Nigerians, are re-evaluating their personal and financial positions in response to global immigration shifts in an interview with Businessday’s Chisom Michael. The global economy continues to evolve, as does the concept of citizenship and mobility, particularly for high-net-worth individuals and professionals […]
Renaissance Africa Energy Company Limited says it has outperformed expectations by surpassing its oil production target by 40 percent in its first month of operations, signalling strong early momentum in Nigeria’s oil sector. The achievement, announced in a statement on Friday by company spokesperson Michael Adande, highlights Renaissance’s swift entry and immediate contribution to Nigeria’s […]
Lagos, Nigeria – May 16, 2025 – The Nigerian real estate market, a vital sector valued at billions of dollars, is undergoing a significant digital transformation. Long plagued by inefficiencies and a lack of technological integration, this crucial part of the nation’s economy is set for a major upgrade. Shugaland, a pioneering real estate management […]
Nigerians will soon face substantially higher costs for vehicle documentation as the Joint Tax Board (JTB) has announced major price increases for motor vehicle and motorcycle number plates and driver’s licenses nationwide. The steep price hikes, which take effect on Sunday, June 8th, 2025, will impact all vehicle owners across the country. JTB made this […]
Foreign workers, such as Nigerian nationals working in high-demand professions in Finland, can now switch to another role if they lose their job, still enabling them to reside legally in Finland. According to Finland’s Interior Ministry, this flexibility in changing jobs is to prevent staffing gaps in essential services and address acute labour shortages across […]
Local airlines are missing out on over N8 trillion international air passenger market due to capacity gaps. According to Nigerian data from the Nigeria Civil Aviation Authority (NCAA), 4,135,830 passengers travelled inbound and outbound in 2024, riding on the wings of 30 international airlines, which operated a total of 14,359 flights. Among over 13 local […]
…Says Nigeria was losing 5% GDP to subsidy Atiku Bagudu, the minister of budget and economic planning, has declared that Nigeria’s economy is witnessing a significant turnaround, driven by bold reforms, improved coordination, and a renewed focus on national priorities. The Minister stated this in an interview as part of activities marking President Tinubu’s second […]
The Islamic Development Bank on Tuesday said it has identified key priority sectors for investment in Nigeria, as part of its response to the federal government’s investment drives. Hammad Hundal, the bank’s Head of Isdb Regional Hub, listed the sectors identified to include economic infrastructure, support for the private sector and energy security, at a […]
…JAMB orders review of 2025 UTME amid candidate complaints Tunji Alausa, the minister of education, has attributed the mass failure noticed in the 2025 Unified Tertiary Matriculation Examination (UTME) to the success of the Joint Admission and Matriculation Board’s (JAMB) advanced anti-examination malpractice technologies. Alausa claimed while speaking on Channels Television’s The Morning Brief programme, […]
The Economic and Financial Crimes Commission (EFCC) has again raised alarm over the growing menace of Ponzi schemes in Nigeria, warning that the get-rich-quick mindset is destroying lives, eroding trust, and undermining national development. Aisha Abubakar, Acting Zonal Director of the EFCC in Enugu, made the call during the 2025 Annual Management Retreat of the […]