Reps Probe Port Concessionaires Over Value for Money, Transparency
By Oluwakemi Kindness The House of Representatives has begun a comprehensive probe into port concessionaires, raising concerns over whether the policy has delivered value for money nearly two decades after it was introduced. The investigation focuses on air and seaport terminal operators under the concession regime launched in 2006 to improve efficiency, attract private investment, […]
Stakeholders Emphasize Importance of Restoring Public Trust in Governance
By Chinedu Echianu Managing Director, Nigeria Social Insurance Trust Fund (NSITF), Barrister Oluwaseun Faleye, has emphasized that strengthening institutional trust is critical to building public confidence and achieving effective governance in Nigeria. Faleye stated this on Monday while speaking at the 2026 Law Week of the Nigerian Bar Association (NBA), Gwagwalada Branch, held in […]
NIQS Renames Abuja Headquarters, Honours Ajanlekoko
By Julian Osamoto The Nigerian Institute of Quantity Surveyors (NIQS) has renamed its Abuja headquarters in honour of its former president, QS Segun Ajanlekoko. According to the institute the move reflects renewed commitment to professional excellence, mentorship, and stronger institutional standards. Speaking to journalists during the ceremony, NIQS President, Dr. Aminu Bashir, said the decision […]
PENGASSAN Faults Tinubu’s Executive Order
By Chinedu Echianu The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), has criticized President Bola Tinubu’s executive Order No. 9 saying parts of the order could undermine stability in Nigeria’s oil and gas industry and threaten jobs. President Tinubu’s order, which reportedly redirects 30 per cent of profit oil previously retained by […]
CBN Cuts Interest Rate to 26.50 Percent
By Oluwakemi Kindness The Central Bank of Nigeria (CBN) has reduced the Monetary Policy Rate (MPR) by 50 basis points, bringing it down to 26.50 percent from 27 percent. The decision was announced on Tuesday during the 304th Monetary Policy Committee (MPC) meeting held in Abuja. CBN Governor Olayemi Cardoso said the committee reached the […]
₦1.5 Trillion Lost: FG Moves to Curb Ponzi Scheme Epidemic
By Al- Kadriyar Abdullahi With Nigerians losing about ₦1.5 trillion in one year to fraudulent investment schemes, the Federal Government has stepped up efforts to curb the spread of Ponzi operations by strengthening public awareness and investor education nationwide. In response, the National Orientation Agency (NOA) and the Securities and Exchange Commission (SEC) have inaugurated […]
NADDC Seeks Legislation for Automotive Industry to Attract Investors
By Oluwakemi Kindness The Director-General of the National Automotive Design and Development Council (NADDC), Joseph Osanipin, says the Federal Government is taking steps to convert the National Automotive Industry Development Plan from a policy framework into legislation to provide legal certainty and attract long-term investment into Nigeria’s automotive sector. Osanipin disclosed this on Monday during […]
NOA Attributes Rising Investor Interest to Nigeria’s Improved Global Image
By Al-Kadriyar Abdullahi The Director-General of the National Orientation Agency (NOA), Lanre Issa-Onilu, has attributed the recent increase in foreign investor interest to Nigeria’s enhanced international image and perception. Speaking to journalists, Issa-Onilu highlighted growing confidence among foreign investors, international financial institutions such as the International Monetary Fund (IMF) and World Bank, and world leaders as […]
Nigeria Exempts Land, Buildings and Rent from VAT
By Sofiat Adenekan -Abdul The Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele, says land, buildings and rent are now fully exempt from Value Added Tax (VAT) under the Nigeria Tax Act 2025. Oyedele said the law, which has already taken effect, is aimed at reducing housing costs, encouraging real estate […]
NLC Criticizes Power Sector Failures, Demands New Electricity Road Map
By Chinedu Echianu The Nigeria Labour Congress (NLC) has criticised the state of Nigeria’s electricity sector, describing more than a decade of privatisation as a failure that has worsened energy access for citizens and businesses and demanded a new road map for the sector. In a statement issued on Sunday by its President Joe Ajaero, […]