News
Page: 2
Oil prices rose more than 1% on Wednesday, with Brent crude futures up 99 cents to $68.13 a barrel, as investors evaluated a ceasefire between Iran and Israel and robust U.S. demand. The price surge reflects the ongoing volatility in the global energy market, where geopolitical developments and changes in demand can significantly impact prices. […]
President Bola Tinubu congratulated Lagos State Governor Babajide Sanwo-Olu on his 60th birthday, commending his dedication to transforming Lagos through projects like the Blue and Red Rail lines and the upcoming Purple Line. In a statement, Tinubu urged Sanwo-Olu to prioritize the Fourth Mainland Bridge and Freedom Way to VGC Road projects. Key Highlights […]
President Bola Tinubu hosted Queen Mary Elizabeth of Denmark at the State House in Abuja, advocating for enhanced collaboration in agriculture, veterinary health, and sustainable development. During the Danish Queen’s first visit to Nigeria as patron of the UNFPA, Tinubu emphasized Nigeria’s potential and readiness to deepen ties with Denmark through knowledge transfer and sustainable […]
— Experts, regulators, and industry leaders converge to tackle food safety challenges in Nigeria In a concerted effort to bolster consumer protection and strengthen food industry standards, stakeholders across Nigeria’s food value chain gathered for the 2025 Food Safety Workshop, held in Lagos in collaboration with DIDOMI Company Limited. Themed “Food Safety First: Protecting […]
Russian President Vladimir Putin has condemned recent strikes on Iran as “unprovoked” and “unjustified.” The comments came during a meeting with Iranian Foreign Minister Abbas Araghchi, amid escalating tensions in the region. Key Highlights – *Condemnation of Strikes*: Putin strongly condemned the strikes on Iran, calling them unprovoked and unjustified. – *Meeting with Iranian […]
The Bank of Industry (BOI) has launched its Sustainable Finance Framework to promote inclusive, climate-resilient growth and align its operations with global environmental, social, and governance (ESG) standards. The framework supports BOI’s 2025-2027 corporate strategy and emphasizes a triple-bottom-line approach focused on People, Planet, and Profit. Key Highlights – *Sustainable Finance Framework*: BOI’s new […]
The Lagos State Government has intensified its environmental enforcement by demolishing illegal structures at the Oko-Oba Abattoir in Agege. The abattoir was shut down indefinitely due to severe sanitation violations, including Oko-Oba meat handling and waste dumping. Key Highlights – *Demolition of Illegal Structures*: The Lagos State Government has demolished illegal structures at the […]
The Federal Airports Authority of Nigeria (FAAN) has announced plans to increase tariffs for service providers operating at its airports and phase out cash payments in favor of a fully automated, contactless payment system. This move aims to improve revenue generation and modernize the authority’s operations. Key Highlights – *Tariff Increase*: FAAN plans to […]
The United States has called on China to use its influence to stop Iran from closing the Strait of Hormuz, a vital waterway for global oil shipments. This appeal comes amid escalating tensions between the US and Iran, following US airstrikes on Iranian nuclear facilities. Key Highlights – *Strait of Hormuz*: A critical passage […]
Point of Sale (POS) terminals in Nigeria processed a staggering N223.27 trillion worth of transactions in 2024, more than doubling the N110.35 trillion recorded in 2023. This significant surge reflects a growing preference among Nigerians for POS platforms over traditional Automated Teller Machine (ATM) withdrawals. Key Highlights – *POS Transaction Value*: N223.27 trillion in […]
