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The article from BusinessDay discusses various business trends and insights relevant to Nigeria's economy. It highlights key developments that could impact investors and entrepreneurs in the region.
Nigeria's pension system is finally providing returns that match inflation for the first time in seven years. This development is a significant relief for contributors who have long awaited better returns on their investments.
President Tinubu condemned the killing of an abducted teacher in Oyo, calling it barbaric. He assured that efforts are underway to arrest the killers and urged the National Assembly to expedite the enactment of state police law.
Several prominent politicians, including Akpabio and Kalu, have secured primary tickets for the APC ahead of the 2027 elections. Notable victories also occurred in Delta, where Okowa and Dafinone triumphed over their opponents.
The Nigerian Finance Minister emphasizes the need for a modern tax system built on trust, fairness, and accountability. The goal is to ensure that every taxpayer has access to fair hearings and effective redress mechanisms.
The Africa Finance Corporation has committed $100 million to support technology fund managers focused on Africa. This investment aims to drive the continent's digital industrialization efforts.
Mastercard has partnered with Yellow Card to enhance stablecoin payment solutions in emerging markets. This collaboration aims to drive payment innovation across Eastern Africa.
The Federal High Court has granted N100 million bail to former Kaduna State governor Nasir El-Rufai. He was reportedly re-arrested by the DSS shortly after his release.
The Director General of NCCIMA, Adamu Salihu, praised the Dangote Group for its significant role in Africa's industrialization. He highlighted the company's transformative impact on the continent's economy.
The NMDPRA has issued a warning to oil firms operating in free trade zones without the necessary permits. Sanctions will be imposed on those non-compliant companies to ensure regulatory adherence.
Nigeria is enhancing its port capacity and enacting significant maritime reforms to boost regional trade. Minister Adegboyega Oyetola emphasized these efforts as vital for economic growth.
• REA CEO: Decision sends powerful signal to investors, developers Emmanuel Addeh in Abuja The governments of Adamawa and Kaduna states have officially issued Certificates of Occupancy (C of Os)
The US President Donald Trump has held off his planned attack on Iran, following interventions by some of the leaders of the Gulf State. According to Trump, he was asked
The Industrial Training Fund (ITF) is investing N3.6 billion in business incubation and training for artisans. This initiative includes launching a global certification program to enhance skills and opportunities for artisans.
Dangote Refinery has lowered the price of aviation fuel to N1,650, providing relief for airlines and passengers. The refinery also offers a 30-day interest-free credit facility to marketers and airline operators.
A new report indicates that 82% of organizations in Africa are piloting artificial intelligence projects. Experts suggest that scaling the right AI solutions is crucial for unlocking growth across the continent.
NAFDAC has cleared BON Bread of any wrongdoing following a viral controversy regarding its shelf life. The agency's investigation found no issues with the product's safety or quality.
Shaka Momodu, the Editor of THISDAY, has lost his elder brother, Engineer Zeberu Momodu, who passed away at the age of 68 after a brief illness. He was a respected community leader and has been laid to rest.
Pope Leo XIV is set to release his first encyclical, 'Magnifica Humanitas', on May 25, focusing on the ethical challenges posed by Artificial Intelligence. This initiative highlights the Church's engagement with contemporary technological issues.
Normalcy has been restored in Akure, Ondo State, after gunfire interrupted the APC primary election. The situation is now stable following the disturbances during the electoral process.
The number of displaced children globally has surged by 46% to 13 million, with 35,000 children forced from their homes daily. This alarming trend highlights the ongoing impact of conflict and violence on vulnerable populations.
A civil society organization is urging the EFCC and ICPC to publicly release their investigation findings on alleged funds diversion in Ogun LG. This call highlights the demand for transparency in governance and accountability in public funds management.
Governor Uba Sani emphasized the need for an independent judiciary during the Kaduna NBA Week. He highlighted its crucial role in upholding justice and integrity in the legal system.
Former Kaduna Governor Nasir El-Rufai has been granted N100 million bail in his alleged wiretapping trial, as the Federal Government calls its first witness. His family and supporters have protested, expressing concerns over his treatment during detention.
Nigeria's ginger export has plummeted from N26 billion to zero over three years due to blight disease and rising costs. This decline represents a significant setback for the country's non-oil export ambitions.
Peter Obi has been declared the sole presidential aspirant for the Nigeria Democratic Congress (NDC) for the 2027 elections. This follows the closure of the nomination process, indicating strong support for Obi within the party.
The upcoming Eid al-Adha festival highlights the financial struggles many Nigerians face. As the celebration approaches, concerns about economic hardships and empty pockets are prevalent.
Theophilus Danjuma praises General Yakubu Gowon as a significant mentor and role model in Nigeria's history. He highlights Gowon's contributions as a statesman and military leader.
General Yakubu Gowon is recognized as a significant figure in Nigeria's history, deserving national acknowledgment. His autobiography highlights his enduring commitment to a united Nigeria.
Nigerian scientists are expressing concerns about the potential risk of Ebola entering the country. They are advocating for emergency border surveillance to mitigate this threat.