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US Treasury Secretary Scott Bessent warned that additional tariffs could be imposed on India if President Donald Trump’s meeting with Russian President Vladimir Putin in Anchorage, Alaska, on Friday fails to yield progress on a Ukraine ceasefire. The US has already imposed a 50% tariff on Indian imports, including a 25% penalty for India’s […]
New Hampshire Capital, a key Meter Asset Provider, has introduced new pricing for prepaid meters under the Meter Asset Provider (MAP) scheme for Ikeja Electric customers. Effective from August 6 to October 6, 2025, single-phase meters are priced at N124,000, and three-phase meters at N215,000, both inclusive of installation costs. Oluwakemi Omirin, […]
President Bola Tinubu’s administration has pledged to restore Nigeria’s struggling steel industry, targeting the revival of key facilities like the Ajaokuta Steel Company and National Iron Ore Mining Company in Itakpe. Announced at the National Steel Stakeholders’ Summit in Abuja, the initiative aims to produce 10 million tonnes of liquid steel by 2030, create […]
President Bola Tinubu has ordered a review of revenue deductions by agencies like the Federal Inland Revenue Service (FIRS), Nigeria Customs Service, and NNPC to increase public savings and drive economic growth. Announced at the Federal Executive Council meeting, the directive targets inefficiencies, including NNPC’s 30% management and exploration fees. Finance Minister […]
The Federal Government has unveiled plans to enhance interagency coordination and deepen community engagement as central pillars of the revised National Counter-Terrorism Strategy 2025. At a validation workshop in Abuja, National Coordinator of the National Counter-Terrorism Centre, Major General Adamu Laka, emphasized the strategy’s focus on a whole-of-government and whole-of-society approach, incorporating prevention, resilience, and […]
In a move aimed at easing trade tensions, the United States and China have agreed to extend their trade agreement by another 90 days, averting potentially damaging tariff hikes that could have worsened the global economic slowdown. The decision, announced on August 11, 2025, followed an executive order signed by President Donald Trump, keeping US […]
The Federal Government has reiterated its commitment to strengthening Nigeria’s food security, promoting economic diversification, and creating employment opportunities—particularly for youth and women—through large-scale agricultural development. Speaking during a visit to the 1,300-hectare Jangwa Rice Farm in Awe Local Government Area of Nasarawa State, the Minister of Agriculture and Food Security, Senator Abubakar Kyari, outlined […]
President Bola Tinubu has approved the appointment of Deputy Controller-General Olumode Samuel Adeyemi as the new Controller-General of the Federal Fire Service, effective August 14, 2025. This appointment follows the imminent retirement of the current Controller-General, Engr. Abdulganiyu Jaji Olola, on August 1, 2025. Background of the New Appointed Olumode Samuel Adeyemi brings a […]
The Federal Government has launched a stringent crackdown on Ministries, Departments, and Agencies (MDAs) following a 308% surge in imprest and cash advance disbursements. The Accountant-General’s Office has issued circulars capping quarterly imprest and cash advances, citing widespread abuse and unretired funds. Key Features of the Crackdown – *Capping of Imprest and Cash Advances*: […]
A lawmaker has urged calm after a 49-year-old farmer was killed by a herd of six elephants in Ogun State. The lawmaker, Waliu Ifedolapo, described the incident as “deeply unfortunate” and called for the government and wildlife agencies to investigate and implement measures to manage human-wildlife conflicts. Details of the Incident – *Farmer’s Death*: […]
