The Federal Government has officially banned the production, sale and distribution of alcoholic beverages packaged in sachets and bottles below 200 millilitres, in a decisive move to curb alcohol abuse and protect public health.

Emma Ujah, Abuja Bureau Chief The Central Bank of Nigeria (CBN) Governor, Mr. Yemi Cardoso, has emphasized that Nigeria does not need to persuade investors to invest if the nation maintains strong macroeconomic fundamentals. Speaking at the bank’s 2025 Executive Seminar, Cardoso said stability and predictability are crucial to attracting capital. “Stability is at the core of […]

By Omolara Ojugbele, Ayomide Kasali & Olaoluwa Olaleye The Nigeria Deposit Insurance Corporation (NDIC) has reiterated its directive to banks to resolve customers’ complaints within two weeks, warning that unresolved cases after the deadline can be escalated directly to the Corporation for intervention. The move, according to the NDIC, is part of its renewed commitment to […]

By Shina Abubakar, Osogbo Osun State Governor, Ademola Adeleke, on Wednesday restated his administration’s commitment to youth development, pledging to engage more youths to drive his government’s economic agenda. Speaking at the 4th edition of the Youth Entrepreneurship Empowerment programme held in Osogbo, Adeleke said the theme, “The Power of Youth: Rethinking Leadership, Entrepreneurship, and […]

By Victor Ahiuma-Young & Abel Daniel Panic has gripped the Federal Civil Service following the abduction of six Directors of the Federal Ministry of Defence by gunmen along the Kabba-Lokoja highway. This came as no fewer than three Migil youths have been killed by bandits despite the state government’s threat to deal decisively with perpetrators. […]

Nigeria’s digital infrastructure took a significant step forward with the commissioning of Africa’s largest fibre optic cable factory and the continent’s first fibre-reinforced plastic (FRP) manufacturing facility.   Industry experts say the plant, built by Coleman Technical Industries Limited (CTIL) in Sagamu, Ogun State, is a strategic asset for national development. Commissioned by President Bola Ahmed Tinubu, […]

•As MOFI Real Estate Investment Fund Lists on NGX By Peter Egwuatu The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, has assured investors that the Federal Government will revisit provisions on Capital Gains Tax (CGT) in the new tax reform framework to ensure a fair and investor-friendly outcome. Edun made this […]

The official NFEM rate — the Central Bank of Nigeria’s volume-weighted benchmark used for large-ticket and corporate flows — was reported at about ₦1,437 to the dollar.

By Dennis Agbo The Chairman of Igboetiti local government council, Dr. Eric Odo has disclosed that Governor Peter Mbah of Enugu State does not meddle with local government federation allocation for the council areas in the state. Odo stated that the Governor’s financial responsibility has not only paid off for the state government, but in […]

The Convener, Nigeria/Canada Legal Exchange, Ken Eneduwa, has disclosed the rationale behind the establishment of the Nigeria/Canada Legal Exchange Centre (NCLEC).