Alake Rejects N9bn NASS Allocation for Mining Sector
” In our budget proposals for 2025, we estimated over N531 billion for capital expenditure but was allocated a mere N9 billion. This is unacceptable, as it will hinder any…
First Bank , General Hydrocarbons’ Stakeholders In Suspense of $225.8m Debt Resolutions
▪︎UGC image credit: Arise News TV SHAREHOLDERS, Customers, investors, and other stakeholders of First Bank of Nigeria (FBN) and that of General Hydrocarbons Ltd, are waiting for the outcome of…
African Cement Companies To Watch in 2025
China-based Huaxin Cement Co Limited has so far acquired six subsidiaries of LafargeHolcim cement plants in Africa. Huaxin Cement moves to be the second biggest cement producer in Sub-Saharan Africa…
Ghana Scraps Visa for All Africans to boost trade and tourism
Ghana has scrapped visa requirements to enter the country for citizens of all African nations. The new policy is expected to boost travel, trade, and tourism. Joy Online, a local…
Sanwo-Olu Eyes Ikorodu Industrial Hub for Development
Lagos State Governor, Babajide Sanwo-olu has hinted of developing the unsued spaces in Ikorodu Industrial Hub at Odogunyan. “It is important that the unused spaces are transformed into a vibrant…
Abuja Chamber of Commerce Forecasts 2025 Business Outlook
The President of Abuja Chamber of Commerce and Industry (ACCI), Emeka Obegolu has expressed optimism that 2025 will bring renewed opportunities for businesses to thrive. In a New Year message,…
New Withholding Tax Policy Begins, Exempting Manufacturers, SMEs
The Federal Government has officially begun the implementation of the 2024 Withholding Tax Regulations. The new regulation exempts manufacturers, SMEs, and farmers from withholding tax obligations, a measure aimed at…
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President Tinubu Targets 15% Inflation Reduction in 2025
President Bola Tinubu has reiterated his administration’s plans to reduce inflation from its current high of 34.6 percent to 15 percent in 2025. President Tinubu, in his New Year messages,…