By Ajibola Akindele West Africa continues to experience phenomenal growth; in fact, in according to research and visualisation mapping tool, Africapolis the region is undergoing one of the fastest urban transitions in the world. Cities like Lagos, Accra, and Abidjan are driven by population growth, rural-to-urban migration, and economic shifts. By 2050, Africa’s urban population is expected…
The Federal Government yesterday stated that it had finally laid to rest the proposed five per cent excise duty on telecom services introduced in the 2020 Finance Act under former President Muhammadu Buhari. Executive Vice Chairman, Nigerian Communications Commission (NCC), Dr. Aminu Maida, confirmed that President Bola Tinubu ordered the removal of the tax during…
Gino, the brand behind the much-anticipated Gino World Jollof Festival, headlined by Chef Hilda Baci’s audacious attempt to cook the World’s Largest Pot of Nigerian Jollof Rice, has announced a venue change for the event, stating it will now take place at Eko Hotel Car Park B, Lagos, on September 12, 2025. The new venue…
The Nigerian National Petroleum Company Limited (NNPCL) says the country is targeting $60 billion in new investments over the next five to seven years to expand gas infrastructure. Group Chief Executive Officer of NNPCL, Mr Bayo Ojulari, disclosed this while addressing a global audience from 150 countries at the opening of the Gastech Exhibition and…
The Nigeria Civil Aviation Authority (NCAA) has summoned all domestic airlines to a meeting in Abuja over recent flight disruptions, compensation issues and others. NCAA Director of Public Relations and Consumer Protection, Michael Achimugu, on his verified X handle, posted that the meeting will be held today (Wednesday) at the NCAA headquarters in Abuja. The…
Since the liberalisation in 2001, Nigeria’s telecom industry has created more than 500,000 jobs, transformed connectivity, and enabled economic growth, the sector regulator, Nigerian Communications Commission (NCC), said Tuesday. In spite of this success story, the sector is heavily plagued with the dearth of requisite skilled manpower that could reverse the gain, the regulator, warned….
Nigeria’s President Bola Tinubu has directed financial and capital market regulators to monitor the growing use of stablecoins and digital currencies in the country, warning that the shift away from traditional banking channels poses challenges that must be managed proactively. Speaking at the 18th Annual Banking and Finance Conference of the Chartered Institute of Bankers…
The Federal Inland Revenue Service (FIRS) and the Economic and Financial Crimes Commission (EFCC) have renewed their commitment to deepen collaboration in a bid to strengthen Nigeria’s tax compliance framework and boost public revenue. The development marks another step in the government’s push to curb leakages and foster voluntary tax compliance among citizens and businesses….
A new playbook for global expansion is emerging from Nigeria’s tech ecosystem, with leaders using the United Kingdom (UK) as a strategic hub to unlock international capital, top-tier talent, and regulatory credibility. Speaking at the GITEX Africa summit on the panel ‘Nigeria’s Fintech Revolution,’ moderated by the UK Prime Minister’s Trade Envoy to Nigeria, Florence…
