Category Archives: Economy

Passengers aboard a commercial flight were recently treated to an unconventional mid-air briefing when Nigeria’s Permanent Representative to the United Nations, Amb. Jimoh ibrahim – CFR”, transformed the aircraft aisle into a diplomatic lecture hall. In a video shared on his official Facebook page on Thursday, the businessman-turned-diplomat was seen standing before fellow travellers toContinueContinue reading “Amb. Jimoh Ibrahim delivers in-flight briefing on Nigeria’s Blue Economy mission to China”

President Bola Ahmed Tinubu said consistency in the implementation of economic reforms has stabilised the economy, ushering Nigeria into its golden era, with readiness to enjoy the benefits of democracy. Tinubu, who received a delegation of stakeholders from the North-East zone of the country led by Prof. Babagana Umara Zulum, Governor of Borno State, attributedContinueContinue reading “Tinubu task gov’s on economic reforms, says Nigeria in golden era of economic stability”

Adeniyi Adeyemi, who claims to be the Director-General of the non-existent Presidential Foreign Intervention Promotion Council (PFIPC), has been arrested following an order of the Federal High Court in Abuja. Adeyemi was taken into custody on Tuesday afternoon, shortly after Justice Mohammed Umar issued a warrant for his arrest. The arrest followed the court’s directiveContinueContinue reading “Breaking: Police arrest fake PFIPC DG, Adeyemi”

A special commendation has gone to Ondo State Governor, Lucky Aiyedatiwa by an All Progressives Congress (APC) chieftain, Mr Omoyeke Olabode who described the governor as an untiring lover of The Sunshine State in terms of opening up the state to economic revival. Olabode gave this commendation in his reaction to the high powered businessContinueContinue reading “Revitalization of Olokola blueprint: Olabode commends Aiyedatiwa”

The Minister of Finance, Prof. Taiwo Oyedele, has called on Nigerians to support and comply with the 2025 Tax Reform Acts to drive economic growth in the country. Oyedele made the call during a Tax Reform Forum and Conference organised by Covenant University, on Friday in Ota, Ogun. The minister, represented by Mr Michael Olarinde,ContinueContinue reading “FG seeks support for tax reforms to drive economic growth”

President Bola Ahmed Tinubu on Friday said the removal of fuel subsidy by his administration saved the country from imminent bankruptcy and laid the foundation for the gradual recovery of the nation’s economy. He spoke when he hosted state governors who came to celebrate with him the Sallah and the third anniversary of the administration.ContinueContinue reading “Fuel subsidy removal saved Nigeria from bankruptcy – Tinubu”

Ahead of the take-off of the Olokola Deep Seaport Project, the Managing Director, Infrastructure & Logistics, Dangote Industries Limited, Captain Jamil Abubakar and his delegation have paid an advance visit to engage and sensitise the host communities in the proposed project area in Olokola Free Trade Zone (in Ogun and Ondo states). The Olokola projectContinueContinue reading “Dangote prepares Ogun-Ondo communities on project take off at Olokola Deep Seaport”

The Federal Government has officially approved the long-awaited 40 per cent peculiar allowance for federal civil servants following intense pressure and threats of industrial action by the organised labour. The approval, it was gathered, came after a marathon meeting on Tuesday personally presided over by the Head of the Civil Service of the Federation, EstherContinueContinue reading “FG approves 40 percent peculiar allowance for civil servants after showdown threat”

Prominent Ondo South All Progressives Congress (APC) stakeholder, Mr. Omoyele Olabode has described the recapitalisation effort of The Central Bank of Nigeria (CBN) as commendable and proactive measure geared towards facilitating visible transformation of the apex bank as well as the nation’s economy. Olabode gave this indication in the course of a chat with newsmen,ContinueContinue reading “Olabode hails Government’s recapitalisation effort”

Prof. Dayo Faduyile,OON, a prominent All Progressives Congress (APC) stakeholder from Ondo South has congratulated Nigerian workers on the unique occasion of Workers Day Celebration, 2026. Faduyile in an officially endorsed congratulatory message appreciated the steadfast commitment of the Nigerian workers to the economic growth of the nation state while describing them as the pillarContinueContinue reading “May Day: The nation appreciates you, Faduyile tells Nigerian workers”