News & Updates

United Capital Infrastructure Fund (UCIF) distributed N1.98 billion to investors for the 2024 financial year. The fund, operated by United Capital Plc, made the payments in two instalments according to its bi-annual structure. Financial records show the fund paid N769 million in the first half of 2024, followed by N1.21 billion in the second half. […]

The chairman of Heirs Holdings, Tony Elumelu, has underscored the urgent need to boost Nigeria’s oil production to finance economic diversification and national development. Speaking at the Nigeria Petroleum Industry Leadership Discourse in Abuja on Thursday, Elumelu highlighted the critical role of oil revenues in driving industrialisation, enhancing energy security, and expanding infrastructure. The event, […]

The Lagos-Badagry Expressway is being expanded from its current size to six lanes, and officials plan to finish the work by April. Minister of Works David Umahi shared this update while checking on the highway’s progress on Thursday. This 46-kilometer stretch is part of a larger ECOWAS road network that connects to the Seme Border […]

Many Nigerians assume that most people in the country have internet access, but this is far from the truth. In reality, access to digital technologies remains unequal, creating what is known as the digital divide. Digital divide is the gap between those who can access and effectively use digital technologies and those who cannot. A […]

Business Day, established in 2001, is a daily business newspaper based in Lagos. It is the only Nigerian newspaper with a bureau in Accra, Ghana. It has both daily and Sunday titles. It circulates in Nigeria and Ghana Read More… Source link

Urinrin Otite, a Nigerian, from Delta State, has made history by becoming the first-ever graduate of the Master of Science in Catastrophe Modeling and Resilience programme at Lehigh University, Pennsylvania, United States. With a legacy of academic excellence and groundbreaking achievements, Urinrin Otite is not just a scholar, she is a trailblazer contributing to the […]

When considering relocation, understanding the tax implications in your destination country is crucial. In Europe, personal income tax rates vary significantly, and for high-income earners, especially immigrants, it’s essential to be aware of the countries with the highest tax burdens. Compared to other regions, Europe, particularly Western, Northern, and Central Europe, features relatively high top […]

Nigeria’s secret police, the Department of State Services (DSS), has warned it will sue two major TV stations over their coverage of the Lagos State Assembly crisis. The DSS claims that Africa Independent Television and Channels Television made false and damaging reports about its role in events at the Assembly on February 17. Through its […]

The depreciation of the naira has left Nigerian Breweries record its second straight losses – the biggest ever on record — in 2024 after the beer maker posted N144.9 billion in net losses, according to the company’s audited financials. But despite the FX-induced losses, the pioneer and largest brewing company in Nigeria reported an unprecedented […]

A Delta flight arriving at Toronto Pearson Airport from Minneapolis appears to have overturned while landing on Monday afternoon, with photos across social media showing an airplane with its belly up on the tarmac. Delta Flight 4819 crashed while landing around 2:45 p.m. local time, Federal Aviation Administration officials said in a statement, as powerful […]