Blog
In a groundbreaking policy shift, Russia has officially legalized the use of cryptocurrencies for international trade settlements — a move seen as an effort to bypass Western sanctions and sustain global commerce. The country’s Finance Ministry and Central Bank jointly agreed to develop a permanent legal framework that allows businesses to use digital currencies in […]
The Nigerian National Petroleum Company Limited (NNPC) has reported a significant revenue shortfall of ₦380 billion for September 2025, signaling a downturn from ₦4.65 trillion in August to ₦4.27 trillion in total earnings. According to the corporation’s monthly financial report, profit after tax also dropped sharply from ₦539 billion to ₦216 billion, largely due to […]
The Federal Government has appealed to the United Nations to help secure a $10 billion long-term humanitarian funding package aimed at addressing Nigeria’s deepening humanitarian crises, particularly those affecting internally displaced persons (IDPs). Minister of Budget and Economic Planning, Senator Abubakar Bagudu, made this known during a roundtable discussion in Abuja. He stated that existing […]
Nigeria is taking decisive steps toward ending gas flaring by the year 2030, according to the Nigerian Upstream Petroleum Regulatory Commission (NUPRC). The Commission’s Chief Executive, Engr. Gbenga Komolafe, reaffirmed the target while addressing participants at the International Conference on Hydrocarbon Science and Technology. Represented by Dr. Kelechi Onyekachi Ofoegbu, Komolafe explained that the NUPRC’s […]
WELCOME ADDRESS OF THE LAGOS STATE HONOURABLE COMMISSIONER FOR SPECIAL DUTIES AND INTERGOVERNMENTAL RELATIONS AT THE YEAR 2025 LAGOS STATE OCCUPATIONAL SAFETY AND HEALTH CONFERENCE HELD ON TUESDAY, 7TH OCTOBER, 2025 AT THE ORIENTAL HOTEL, VICTORIA ISLAND, LAGOS. PROTOCOLS……. It is with great pleasure and a deep sense of responsibility that I warmly welcome […]
The Lagos State Safety Commission (LSC) is set to host the Lagos State Occupational Safety and Health (LASOSH) Conference 2025, where global leaders, policymakers, and industry stakeholders will converge for the the Conference. With “Occupational Safety and Health (OSH) as a Catalyst for Nation Building,” as the Conference’s theme, the landmark event will take […]
A team from Jordan 105.5Fm led by the CEO, Dr. Lanre Johnson, was at the office of the Raw Materials Research and Development Council, to present to the Council the Local Content Development and Clustering initiative. The team was received by RMRDC’s DG, Prof Nnanyelugo M. Ike-Muonso and his team, at the Council’s office in […]
The Federal Government has suspended the 4% Free-On-Board (FOB) Import Duty Levy recently introduced by the Nigeria Customs Service, following a wave of criticism from importers, manufacturers, and economic experts. The announcement was made on Monday, September 15, 2025, by Wale Edun, the Minister of Finance and Coordinating Minister of the Economy. He explained that […]
Lagos State Safety Commission (LSC) in conjunction with Lagos Bus Service Limited (LBSL) has organized a comprehensive training programme for drivers of the Lagos Bus Service Limited (LBSL), popularly known as BRT Captains. The training, held at the LBSL headquarters in Oshodi, Lagos, was themed “The Mind Behind the Wheel” focused on improving drivers’ knowledge […]
The Debt Management Office (DMO) has announced plans to raise N200 billion through a bond auction. The offering includes the reopening of the June 2032 bond at 17.95% and a new five-year FGN AUG 2030 bond. The auction takes place Monday, with settlement on Wednesday. Minimum subscription is pegged at N5,000, with semi-annual interest payments. […]
