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BUA’s Abdul Samad Rabiu Says Rice Prices Will Crash, Warns Hoarders
Chairman of BUA Group, Abdul Samad Rabiu, has declared that rice prices in Nigeria will crash soon, as his company has imported enough to feed the nation until the end …
- DevelopmentEconomyGOVERNMENTNigeriaPolitics
ADC Declares Itself Nigeria’s Coalition Party Ahead of 2027 Elections
The African Democratic Congress (ADC) has announced that it will serve as the coalition platform for opposition parties preparing to challenge the ruling party in the 2027 general elections. The …
- DevelopmentEconomyFinance & ServicesGOVERNMENTNigeriaOil & GasPolitics
FIRS and RMAFC Form Joint Committee to Strengthen Tax Monitoring and Boost Revenue Sharing
The Federal Inland Revenue Service (FIRS) and the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) have come together to set up a joint technical committee that will help improve how …
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Nigeria Ranks Third in Africa for Hotel Development with 48 New Projects in the Pipeline
Nigeria has emerged as the third most active country in Africa for hotel development, with 48 hotel projects and 7,320 rooms currently in the pipeline, according to the 2025 Hotel …
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Nigeria, China to Deepen Trade Ties at 2025 China Commodities Expo in Lagos
Nigeria and China are set to boost trade relations through the 2025 China Commodities Expo-Nigeria, expected to host over 250 Chinese manufacturers and more than 5,000 business representatives in Lagos. …
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Modular Refiners Kick Against Exclusion from FG’s Naira-for-Crude Deal Talks
The Crude Oil Refiners Association of Nigeria (CORAN) has raised alarm over what it called the continued exclusion of modular and smaller local refineries from the Federal Government’s ongoing discussions …
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Nigeria’s Termii Tops Media/Telecoms Ranking in FT’s Fastest-Growing African Companies List
Nigerian technology company, Termii, has been ranked number one in the media and telecommunications category and 10th overall on the 2025 Financial Times list of Africa’s Fastest-Growing Companies. The report, …
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NASD Plc Returns to Profit with N212.5m in Q1 2025, Driven by Trading Growth and Product Innovation
Nigeria’s Over-The-Counter (OTC) securities exchange operator, NASD Plc, has reported a profit after tax of N212.5 million for the first quarter ended March 31, 2025, marking a strong comeback from …
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Tinubu Approves New Procurement Thresholds to Reduce Delays, Reflect Inflation
The Federal Government has introduced new procurement thresholds for public contracts in Ministries, Departments, and Agencies (MDAs), aiming to reduce bureaucratic delays and align processes with Nigeria’s current economic realities. …