The Nigeria Extractive Industries Transparency Initiative (NEITI) has thrown its weight behind the proposed 2024 Tax Reform Bill, which is currently under deliberation in the National Assembly. The endorsement is a significant development in Nigeria’s ongoing efforts to revamp its tax system and strengthen fiscal policy. NEITI’s position on the […]

The Minister of Aviation and Aerospace Development, Festus Keyamo, has unveiled a state-of-the-art maintenance, repair, and overhaul facility spearheaded by XEJet.[/b] Keyamo also announced plans to launch an aircraft manufacturing company soon. He said this at the groundbreaking ceremony of XEJet’s flight support and engineering hub launch in Abuja on […]

In a groundbreaking move aimed at decongesting the Western Port System and stimulating economic growth, President Bola Ahmed Tinubu has approved the establishment of Inland Dry Ports (IDPs) in Ijebu-Ode, Ogun State, and Moniya, Oyo State. The decision is part of broader efforts to enhance Nigeria’s maritime infrastructure, address congestion […]

● Togo is considering joining the Alliance of the Sahel Region (AES). ● Togolese Minister of Foreign Affairs, Robert Dussey, expressed openness to the idea. ● Togo’s potential integration into the AES may lead to its withdrawal from ECOWAS. While this is not officially in the works yet, a member […]

The Economic and Financial Crimes Commission, EFCC, is enmeshed in another internal scandal as an officer in charge of Kaduna Zonal Office’s exhibit room allegedly absconded with over $30,000 and other valuable exhibits. Earlier in January, the country’s flagship anti-corruption agency said it had detained 10 officers in Lagos over theft of […]

Today, we were delighted to receive Rear Admiral Mike Oamen, the Flag Officer Commanding Western Naval Command, in our office. During our discussion, we informed our esteemed guest about the progress made towards establishing a naval base and dockyard in Ogun State. This initiative began when the former Chief of […]

France has pledged to support the Nigerian Geological Survey Agency (NGSA) in its geological data exploration efforts.   The announcement was made by Kehinde Bamigbetan, special adviser to Dele Alake, Nigeria’s minister of solid minerals development, in a statement on Monday, January 20.   The funding commitment stems from a […]

The commission’s ultimate goal is to ensure the long-term sustainability of Nigeria’s telecommunications industry while continuing to expand the country’s digital economy. The Nigerian Communications Commission (NCC) has approved a tariff adjustment request by major telecom operators, including MTN and Airtel, in response to rising operational costs. The decision, which […]

Trump issues 1,500 broad pardons for Jan. 6 defendants: ‘Going to release our great hostages’ President Trump issued pardons Monday night to hundreds of participants in the Jan. 6, 2021, Capitol riot — staying true to his promise to grant clemency to people involved in halting the counting of Electoral […]

The Nigerian Communications Commission approved a 50 per cent increase in call tariffs on Monday, which may raise the average cost of calls to N16.5 per minute. Based on the 2023 national telephone traffic data, this hike could generate over N6.74tn in revenue for telecom operators in 2025 if call […]