Proposed reforms may end taxes for TETFUND, NITDA, NASENI
The federal government is proposing new tax reforms aimed at eliminating levies for the Tertiary Education Trust Fund, the National Information Technology…
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Court adjourns Binance exec’s $35.4m laundering case after absence at trial
The Federal High Court in Abuja has adjourned the trial of Tigran Gambaryan, a Binance executive facing charges of laundering $35.4 million,…
MTN Nigeria switches to eco-friendly paper-based SIM cards
MTN Nigeria announced on Friday the launch of paper-based biodegradable eco-friendly SIM cards, aligning with its Project Zero initiative aimed at reducing…
Gold prices hit record high at N4.5m per Ounce
Gold prices reached a record high in London on Friday, driven by safe-haven demand amid an approaching election in the U.S. and…
FG warns of contract cancellation as Julius Berger raises costs
The federal government announced plans to cancel Julius Berger’s N740 billion segment of the Abuja-Kaduna highway contract due to the company’s repeated…
FG begins nationwide distribution of free CNG tricycles
The Federal Government launched the distribution of free Compressed Natural Gas tricycles on Thursday to cooperatives nationwide. This initiative, part of the…
ICYMI: Nigeria exits global aviation blacklist, hits 75% rating
Nigeria has successfully exited the Aviation Working Group watchlist after achieving a 75.5% compliance score on the Cape Town Convention Compliance Index.…
Replace phased-out meters, FG orders DisCos
The Federal Government has mandated that electricity distribution companies must replace meters that are phased out due to upgrades. This declaration was…
Maritime workers threaten service disruption over unpaid salaries
The Maritime Workers Union of Nigeria has issued a warning to withdraw services from ports and jetties, if the Council for the…
Schneider Electric to invest $850m in Motivair acquisition
Schneider Electric has announced plans to invest $850 million to acquire Motivair, a provider of data center cooling solutions. In a statement…
US seeks forfeiture of $14m in assets from Air Peace CEO
The United States government has filed a request with the U.S. District Court for the Northern District of Georgia to approve the…
Chinese firm to invest $300m in Ogun steel plant
Inner Galaxy Steel Company Limited, a Chinese firm, is set to invest $300 million in a new steel plant in Ogun State…