News
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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 […]
The Bank of Industry (BOI) has launched its Sustainable Finance Framework, designed to drive inclusive and climate-resilient growth in Nigeria. This framework aligns with BOI’s 2025-2027 corporate strategy, prioritizing long-term development impact, environmental stewardship, social inclusion, and creating shared value. By supporting businesses committed to sustainable practices, the framework aims to unlock access to blended […]
The Bank of Industry (BOI) has reiterated its commitment to empowering over 12 million artisans and technicians across Nigeria, recognizing them as vital engines for inclusive economic growth and national industrial transformation. Speaking at the 2025 Nigerian Artisans Leadership Summit in Abuja, BOI Managing Director Olasupo Olusi, represented by Executive Director Mabel Ndagi, highlighted the […]
At the opening of the 94th ECOWAS Council of Ministers session in Abuja, Nigeria’s Minister of Foreign Affairs and current ECOWAS Chairman, Ambassador Yusuf Tuggar, issued a firm warning against the region’s continued economic dependence on former colonial powers. Tuggar urged West African nations to prioritize regional trade, accelerate infrastructure development, and strengthen collective self-reliance […]
The Oba of Benin, Ewuare II, on Wednesday received 119 looted artefacts returned from the Netherlands, describing the moment as a spiritual and cultural triumph against persistent efforts by what he termed an international cartel seeking to re-loot the kingdom’s treasures. Speaking emotionally at the Benin Royal Palace, the revered monarch expressed profound […]
