The Central Bank of Nigeria (CBN) highlighted the merit-based selection of Remita to provide an electronic platform essential for facilitating …
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BEDC Management Debunks Dissolution Rumors, Boosts Revenue
The management of Benin Electricity Distribution Company (BEDC Electricity Plc.) has firmly denied rumors of dissolution and assured all staff …
Read More »Nigeria’s Oil Palm Giant, Presco, Returns to Local Ownership After 33 Years
Nigeria’s oil palm powerhouse, Presco, has undergone a significant change in ownership after 33 years of Belgian control. The company, …
Read More »More Powers for States: A Catalyst for Nigeria’s Development, Says Governor Mbah
Governor of Enugu State, Peter Mbah, has declared Nigeria’s federalism, which concentrates powers and revenues in the centre as a …
Read More »Nigerian Customs Seize 940 Rounds of Ammunition Concealed in Garri Sacks at Ogun State Border
The Nigeria Customs Service (NCS) has made a significant seizure of 940 rounds of live ammunition concealed in sacks of …
Read More »FG Seeks $1.1 Billion Investment for Ports Concession Renewal
The Federal Government of Nigeria has announced its need for a $1.1 billion reinvestment in the nation’s ports to renew …
Read More »Governor Zulum Reintroduces Poll Tax in Borno to Boost Revenue and Security
Governor Babagana Zulum of Borno has reintroduced the poll tax (haraji) in the state. The move comes after the Borno …
Read More »NASCON Allied Industries Reports Impressive 151% Profit Growth in 2023
NASCON Allied Industries has reported a staggering 151% increase in its Profit After Tax (PAT) for the financial year ended …
Read More »Tinubu Vows to Support State Governors in Banishing Hunger and Ending Economic Hardship
President Bola Tinubu has pledged his administration’s support to the 36 state governors in their efforts to banish hunger and …
Read More »Nigeria’s Ambitious Plan to Boost Cassava Production and Drive Economic Growth
To stimulate economic prosperity and reduce reliance on imports, the Nigerian government has announced plans to increase its annual cassava …
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