Nigeria secures a $255 million loan from China Development Bank for the Kaduna-Kano railway project. This financial boost will aid the construction of a 203-kilometer rail line connecting Kaduna and Kano, part of Nigeria's infrastructure modernization, with significant economic and logistical...
Mele Kyari, the CEO of NNPC, reflects on his remarkable journey from an Almajiri pupil to leading Africa’s largest energy company. On his 60th birthday, he expressed gratitude for his life, career, and the opportunities provided by Presidents Buhari and Tinubu, acknowledging the support of his...
Lagos State faces significant losses in the ongoing tax reform efforts introduced by President Bola Tinubu. Taiwo Oyedele, Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, explains that the redistribution of VAT collection under the reforms will decrease Lagos' share...
President Bola Tinubu praised NNPC GCEO Mele Kyari on his 60th birthday, citing achievements in reviving refineries, boosting oil production, and advancing Nigeria's energy sector. However, recent public protests highlight criticisms of Kyari’s leadership, including rising fuel prices and...
Landmark Africa Group CEO Paul Onwuanibe reveals the $30 million loss and far-reaching impact of the sudden demolition of Landmark Leisure Beach. He recounts calls from three African presidents during the crisis, highlighting the emotional and economic toll on over 1,000 employees and 50 small...
The Tony Elumelu Foundation has opened applications for its 2025 entrepreneurship programmes. African entrepreneurs can access mentorship, training, and seed funding through the TEF Entrepreneurship Programme, IYBA-WE4A for women, and Aguka Ideation for Rwandan youth. Applications are open on...
The National Bureau of Statistics (NBS) website has been down for three weeks following a cyber attack. The breach, confirmed on December 18, 2024, has left the site inaccessible. No updates have been provided regarding the restoration of the website or any progress in addressing the hack.
The...
Former employees of the Central Bank of Nigeria (CBN) have filed a lawsuit over alleged wrongful dismissal during a mass layoff in 2024. The claimants argue that their termination violated internal policies, Nigerian labor laws, and constitutional rights, seeking reinstatement and N30 billion in...
The Nigerian government, led by President Bola Tinubu, is open to revising the controversial VAT structure in ongoing tax reform bills. Taiwo Oyedele, Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, highlighted the flexibility of the bills and emphasized the government’s...
The Nigerian government has launched a free online AI Academy aimed at training students, youths, and civil servants in artificial intelligence. In partnership with the Commonwealth Secretariat and Intel Corporation, the academy offers self-paced courses in AI fundamentals, ethics, tools, and...
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