On Thursday, November 5, 2024, as early as 8 am, the staff of the Federal Inland Revenue Service (FIRS) assembled at the agency’s headquarters at Sokode Crescent, Wuse Zone 5, Abuja. The gathering wasn’t for protest or strike but to appreciate their Chairman – Zacch Adedeji, for his numerous welfare packages for them since he…
The Manufacturers Association of Nigeria (MAN) calls on the National Assembly to hasten the passage and implementation of six Bills that are critical for manufacturing sector’s well-being. The legislative proposals include: 1. The Raw Materials Processing and Local Production Protection Bill: This bill seeks to establish a threshold of 30 percent value addition on raw material…
President Bola Tinubu has left Nigeria for the 2023 G20 Summit in New Delhi, India. During the Saturday September 9- 10 summit, world leaders will try to find solutions to some of the world’s pressing problems amid a deep geopolitical divide over the war in Ukraine that threatens any progress. There, President Tinubu aims to use the…
Zenith Bank Plc has announced the retirement of its founder and Group Chairman, Jim Ovia, following the expiration of his tenure. Ovia, who founded Zenith Bank in 1990, has played a central role in the institution’s growth into one of Nigeria’s leading financial services providers. In a statement issued on Tuesday, the bank said that…
1. China produced 82.1 Mt in September 2023, down 5.6% on September 2022. 2. India produced 11.6 Mt, up 18.2%. 3. Japan produced 7.0 Mt, down 1.7%. 4. The United States produced 6.7 Mt, up 2.6%. 5. Russia is estimated to have produced 6.2 Mt, up 9.8%. 6. South Korea produced 5.5 Mt, up 18.2%….
Born on December 28, 1932, in Erin-Oke, Osun State, (Dr) Kolade led a life marked by integrity, leadership, and service across multiple spheres — from broadcasting and diplomacy to corporate governance and academia.
• FCT, Abuja The National Bureau of Statistics (NBS) says that Abuja has overtaken Lagos as Nigeria’s top destination for foreign direct investments (FDI), referencing the inflow in Q1 2025 . In the report, Abuja, the Federal Capital Territory (FCT), attracted $3.04 billion in capital importation during the first quarter of 2025, surpassing Lagos, which…
◇ GEF Council The Global Environment Facility’s governing body has approved more than $700 million for nature protection and renewal projects, including support for the Great Green Wall and investment in large-scale initiatives for sustainable cities, cleaner industries, improved ocean and land health, and greater climate change resilience. The funding from the GEF Trust Fund, Least…
Joseph Oluwemimo Osanipin, the new Director-General of the National Automotive Design and Development Council (NADDC) has said that he will be leveraging on teamwork to drive growth in the Nigerian automotive industry. In a statement following his appointment by President BolaTinubu, he said that he is opened to learning from the staff, whatever their level,…
The primary objective was to foster collaboration and explore opportunities for increasing the export of petrochemical products from Nigeria. The visit saw the convergence of key stakeholders, including representatives from NEPC and the management team of Indorama Eleme Petrochemicals Limited. A comprehensive facility tour provided insights into the company’s cutting-edge infrastructure, production processes, and quality…
