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The Federal Government, through the Nigeria Customs Service (NCS), is considering scrapping the 7 percent surcharge currently imposed on all imports, in what could be a major shift in the country’s trade policy and customs revenue model. The surcharge, long viewed by industry players and lawmakers as excessive and lacking legal backing, has been at […]
President Bola Ahmed Tinubu has declared that Nigeria’s political history would have remained incomplete if he had lost the 2023 presidential election. Speaking during the 8th Day Fidau prayers held in honour of the late Awujale and Paramount Ruler of Ijebuland, Oba Sikiru Kayode Adetona, Tinubu paid glowing tributes to the revered monarch, describing him […]
The Chairman of BUA Group, Abdulsamad Rabiu, has commended the Federal Government’s foreign exchange (FX) reforms, describing them as a critical step toward ending the long-standing culture of lobbying for dollars among Nigeria’s business and political elite. Speaking at a recent economic forum in Abuja, Rabiu said the decision to unify Nigeria’s multiple FX windows […]
The Federal Government has strongly refuted claims by UK Conservative Party leader, Ms. Kemi Badenoch, that Nigerian laws prevent women from passing citizenship to their children, describing the statement as “false and disturbing.” Badenoch, in an interview with CNN’s Fareed Zakaria on Sunday, had claimed that Nigeria’s citizenship laws are discriminatory against women. “It’s virtually […]
The First Lady of Nigeria, Senator Oluremi Tinubu, has felicitated with the wife of the Vice President, Hajiya Nana Shettima, on the occasion of her 50th birthday anniversary, describing her as a woman of grace, service, and deep national commitment. In a personally signed goodwill message titled “50 Golden Cheers, Your Excellency,” Senator Tinubu hailed […]
President Bola Ahmed Tinubu has called on African nations to take charge of the continent’s energy future by developing a regionally integrated and Africa-led fuel market. This call comes ahead of the West African Refined Fuel Conference, which kicked off today in Abuja, co-hosted by the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) and […]
Despite a deepening food crisis affecting more than 3.7 million people in North-East Nigeria, efforts are intensifying across states to rebuild livelihoods, restore farmlands, and tackle malnutrition among vulnerable groups. The International Committee of the Red Cross (ICRC) recently raised the alarm as the region entered its annual lean season. The humanitarian agency warned that […]
Despite decades of policy promises and its vast arable land, Nigeria’s agricultural sector still struggles with poor yields, aging farmers, and outdated tools a situation that continues to push the youth out of farming and into urban job hunts. Although agriculture employs nearly 70% of the rural population, mechanisation remains low, with hoes and cutlasses […]
Surging diaspora demand and short-let profitability fuel top-tier growth amid deepening housing mismatch Despite Lagos’ acute housing demand, the city’s luxury residential market is soaring, even as low- and middle-income residents face worsening affordability challenges, according to a new housing report by the Roland Igbinoba Real Foundation for Housing and Urban Development (RIRFHUD). The report, […]
