Operators peg untitled lands revenue loss to N36tn annually
Operators in the built environment estimate that Nigeria loses approximately N36 trillion annually due to untitled lands. The cost of land registration…
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Dangote invests $280m in CNG conversion tech, infrastructures
The Dangote Group has announced an investment exceeding $280 million in Compressed Natural Gas technology and infrastructure. This move underscores the company’s…
Over 100 Airlines shut down operations in 40 years — Keyamo
The Minister of Aviation and Aerospace Development, Festus Keyamo, has disclosed that the aviation industry has a high mortality rate, leading to…
Black box, flight recorders of crashed helicopter not found – NSIB
The Nigerian Safety Investigation Bureau reports that the black box, flight data recorder, and cockpit voice recorder from a crashed helicopter have…
FG, Indian firm partner for new steel, power project in A’Ibom
The Federal Government of Nigeria is in talks with Jindal Group, an Indian company, to set up a steel and power plant…
Alibaba agrees to $433.5m settlement in US monopolistic lawsuit
Alibaba has agreed to pay $433.5 million to settle a U.S. class-action lawsuit alleging monopolistic practices, although the company denies any wrongdoing.…
FG proposes 50% tax relief to help firms increase salaries
The Federal Government is introducing a new legislative bill aimed at reforming Nigeria’s tax system, which includes a 50 per cent tax…
Chinese hackers target Trump, Vance’s phones
Chinese hackers who infiltrated Verizon’s systems reportedly targeted the phones of United States Republican presidential candidate Donald Trump and his running mate,…
Dangote refinery boosts fuel supply with 79.4m litres delivered
Dangote Refinery has significantly enhanced Nigeria’s domestic fuel supply by delivering approximately 79.4 million litres of petrol by sea. The vessel Sabaek…
Nigeria’s FX reserves rose to $45bn under my leadership – Obasanjo
Former Nigerian President, Olusegun Obasanjo, has shared insights on how he increased the country’s foreign reserves from a mere $3.7 billion to…
Starlink suspends price increase for Nigerian subscribers
Starlink, the satellite internet service owned by Elon Musk’s SpaceX, has announced a suspension of its recent decision to raise monthly subscription…
Lagos extends amnesty for building permit compliance to Dec. 31
The Lagos State Government has announced an extension of the amnesty period for owners and developers of buildings lacking Planning Permits, now…