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Category: Business

Lagos Council Chairmanship Aspirant Derin Phillips Vows to Drive Tech and Education Innovation in Ikoyi-Obalende.

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Derin Phillips, an aspirant for the Ikoyi-Obalende Local Council Development Area (LCDA) chairmanship seat under the All Progressives Congress (APC), has pledged to champion technology, education, and transparent governance as part of his vision to transform the community. In a statement released on Tuesday, Phillips unveiled his five-point agenda, branded FAITH, aimed at addressing key…

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Enugu Tech Festival 2025 Marks Major Leap for Nigeria’s Digital Future – Minister Bosun Tijani.

Cyril04 mins

The 2025 Enugu Tech Festival has been hailed as the largest technology gathering in Nigeria’s history, with the Minister of Communications, Innovation, and Digital Economy, Dr. Bosun Tijani, describing it as a defining moment for the nation’s digital transformation. Speaking at the festival themed “Coal to Code”, Dr. Tijani said the event, which drew thousands…

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JUST IN: Nigerian Senate Passes Two Major Tax Reform Bills, Retains VAT at 7.5%.

Cyril04 mins

ABUJA – The Nigerian Senate on Wednesday passed two of the four Tax Reform Bills submitted by President Bola Ahmed Tinubu in 2024. The bills passed include: Nigeria Revenue Service (Establishment) Bill, 2025 Nigeria Tax Administration Bill, 2025 The decision followed a presentation by the Chairman of the Senate Committee on Finance, Senator Mohammed Sani…

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UK and India Finalize Landmark Free Trade Agreement Amid Global Tariff Tensions.

Cyril03 mins

In a historic breakthrough, the United Kingdom and India have concluded a major free trade agreement, marking one of Britain’s most significant trade deals since Brexit. Finalized on Tuesday, the deal was shaped amid growing global trade tensions, particularly following tariff hikes under former U.S. President Donald Trump. This new UK-India free trade pact, years…

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BREAKING: FCT Doctors Begin 3-Day Strike Over Sacked Health Workers, Issue Wike Ultimatum.

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Doctors under the Association of Resident Doctors (ARD), Federal Capital Territory (FCT), have commenced a three-day warning strike starting Tuesday, May 6, 2025, in response to the unlawful dismissal of 127 health workers. This decision was reached following an emergency congress held on Monday at the Asokoro District Hospital, Abuja. Speaking to journalists, the FCT…

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$3 Billion Refinery Fraud: EFCC Uncovers N80 Billion in Sacked NNPCL MD’s Bank Accounts.

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Massive Corruption Uncovered in Port Harcourt, Warri, Kaduna Refineries’ Rehabilitation Funds The Economic and Financial Crimes Commission (EFCC) has launched a major corruption investigation into Nigeria’s multi-billion-dollar refinery rehabilitation projects. Recent findings reveal that over $2.9 billion earmarked for the revamp of the Port Harcourt, Warri, and Kaduna refineries may have been mismanaged, with N80…

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EFCC Declares Foreign Crypto Trader Elie Bitar Wanted Over CBEX Fraud.

Cyril04 mins

The Economic and Financial Crimes Commission (EFCC) has declared a foreign national, Elie Bitar, wanted in connection with a major cryptocurrency fraud scheme linked to the controversial online trading platform, Crypto Bridge Exchange (CBEX). In a public bulletin released Wednesday via EFCC’s official social media channels, the agency alleged that 41-year-old Bitar orchestrated a fraudulent…

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JUST IN: NNPC Sacks Top Officials in Major Shake-Up.

Cyril03 mins

In a sweeping overhaul of its leadership structure, the Nigerian National Petroleum Company Limited (NNPC Ltd) has sacked the Managing Directors of its three major refineries, including those in Port Harcourt, Warri, and Kaduna. The move, confirmed by multiple credible sources within NNPC, is part of a broader restructuring effort spearheaded by the company’s new…

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