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Bamidele officially recognised as GWR holder for longest marathon playing pool

Bamidele officially recognised as GWR holder for longest marathon playing pool

Nigerian, Mr Shehu Bamidele, has been confirmed by Guinness World Records as the new world record holder for the Longest Marathon Playing Pool by an Individual. Bamidele achieved an extraordinary time of 98 hours, 26 minutes, 37 seconds in Lagos on September 2, 2025. This achievement has been formally validated by Guinness World Records, GWR. […]

Dangote unveils $700m expansion plan to boost sugar production

Dangote unveils $700m expansion plan to boost sugar production

Dangote Group is set to end Nigeria’s dependence on imported sugar with an investment of more than $700 million sugar expansion plan aimed at boosting local production. Dangote Sugar Refinery, one of the group’s subsidiaries, is planning to invest the money in land development, equipment, infrastructure, training and community engagement, with the aim to build a supply […]

Ban on sachet alcohol threatens N1.9trn local investments — MAN

Ban on sachet alcohol threatens N1.9trn local investments — MAN

…Says 500,000 direct jobs at risk  The Manufacturers Association of Nigeria (MAN) has warned that the decision to ban the production and sale of alcoholic beverages packaged in sachets and small PET bottles by 31st December, 2025 could lead to the loss of over N1.9 trillion investments by indigenous companies and 500,000 direct, and 5 million indirect […]

FG ends pioneer incentive tax exemption for businesses

FG ends pioneer incentive tax exemption for businesses

By Yinka Kolawole The federal government has stopped receiving applications for the Pioneer Status Incentive (PSI) with effect from November 10, 2025, which implies that corporate organisations will no longer enjoy three-year tax-free incentives for new businesses. The Nigerian Investment Promotion Commission (NIPC) said the move is part of preparations for the full transition to the new […]

State of the Nigerian economy an objective view

State of the Nigerian economy an objective view

By Dele Sobowale Ask anybody, including the best educated and most erudite, about the Nigerian economy, and the response will probably be subjective summary based on personal and political bias long ingrained. Members of political parties have made up their minds in advance of any event regarding the economy. For some, President Tinubu can do no […]