Nigerians in Europe, the UK, and Ireland can now renew passports from home as Nigeria launches a contactless application system. Spearheaded by Minister Olubunmi Tunji-Ojo, this initiative enhances efficiency, security, and convenience, aligning with the Renewed Hope Agenda. The process...
The Nigerian naira strengthened in the parallel market, appreciating to N1,585/$1, while it slightly depreciated to N1,499.76/$1 at the official market. Traders attributed the shift to declining dollar demand and new CBN policies. Meanwhile, global currency markets remain volatile amid U.S...
Bill Gates has confirmed his relationship with Paula Hurd, his girlfriend since 2022. After his divorce from Melinda French Gates, Gates acknowledged his past mistakes and regrets but expressed happiness in his new chapter. The couple has been seen together at notable events, enjoying life and...
UAC of Nigeria Plc reported a 109% surge in profit before tax to N25.8 billion for 2024, driven by strong growth in key sectors. Revenue increased by 64% to N197.6 billion. The company attributes its success to innovation, cost efficiency, and strategic expansion, positioning itself for...
The Nigeria Customs Service (NCS) has introduced a 4% levy on the Free-on-Board (FOB) value of imports, in line with the Nigeria Customs Service Act (NCSA) 2023. The levy covers goods' costs and transportation expenses. Stakeholder consultations and ongoing talks with the Ministry of Finance aim...
The Nigerian government has approved an increase in the 2025 budget from N49.7 trillion to N54.2 trillion, citing enhanced revenue streams through FIRS, Customs, and government enterprises. This increase will be allocated to critical sectors like agriculture, infrastructure, and security...
President Bola Tinubu has approved an increase in the retirement age for doctors and healthcare workers in Nigeria from 60 to 65 years. The decision, confirmed by the Nigerian Medical Association, aims to address the welfare of healthcare professionals. Arrears from medical salary adjustments...
USAID announces global staff will be placed on administrative leave starting February 7, 2025, as part of a plan initiated by former President Trump to downsize U.S. government functions. The decision has sparked controversy, especially among Democrats, given USAID's crucial role in global aid...
The Federal Government has launched toll operations on the Abuja–Makurdi road to repay a $460.8 million loan. Tolls range from N500 to N1,600, with police and military vehicles exempt. The road, rehabilitated with a China Exim Bank loan, serves as a vital route for Nigeria's economic and...
Oil marketers are dropping their affiliations with the Nigerian National Petroleum Company Limited (NNPCL) due to fierce competition with Dangote Petroleum Refinery. With Dangote reducing its loading costs, marketers are rebranding their stations to secure cheaper fuel, reshaping Nigeria's fuel...
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.