Economist Intelligence Unit
9 Dec
The latest damning report of the Economist Intelligence Unit (EIU) which says that Nigeria’s business environment will remain among the most difficult in the world over the next five years, is both insightful and ominous.
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2 mins ago
Chief Dan Orbih, National Vice Chairman, South- South, Peoples Democratic Party (PDP), has summoned a meeting of the zonal executive ahead of the upcoming zonal congress of the party. This is contained in a statement issued by Orbih in Abuja on Wednesday. Orbih said the meeting, which will take place this Saturday, was in accordance…
10 mins ago
Mr Silas Dung, the Chairman of Jos South Local Government Area (LGA) of Plateau, on Wednesday presented N11.4b as appropriation bill for the 2025 fiscal year to the council’s Legislative Arm. Dung, who tagged the bill “Budget of Restoration”, said that it is aimed at rebuilding the LGA toward better service delivery. He explained that…
25 mins ago
Nollywood actress, Eniola Badmus, has resumed her role as Special Adviser to the Speaker of the House of Reps and hints at aspiring to become a senator at the National Assembly in the future. In May 2024, Eniola Badmus was appointed as the Special Assistant to the Speaker of the House of Representatives of the…
26 mins ago
Freight forwarders in Kano have joined voice against the introduction of the four per cent Free-on-Board (FOB) charge for Nigeria Customs Service (NCS) services maintenance. The stakeholders in the clearing and forwarding industry worried that the introduction of the additional tax on import and export goods would worsen the country inflation rate. The stakeholders…
31 mins ago
Nigeria was on Wednesday thrown into darkness as the national grid operated from Osogbo in Osun State collapsed, leaving homes and businesses in losses. The grid went down at about 11:34 AM, affecting all feeders and disrupting electricity supply to customers. While the Nigerian electricity grid collapsed about 12 times last year, the grid on…
45 mins ago
Kaduna State has become the first subnational to adopt the ‘Gender Responsive Public Procurement Policy’, which was formulated in collaboration with UN Women and other stakeholders. This is contained in a statement issued by the Chief Press Secretary to Gov. Uba Sani, Malam Ibraheem Musa on Wednesday in Kaduna. He said that the policy was…
58 mins ago
Some residents of the Federal Capital Territory (FCT) have expressed frustration over what they described as “skyrocketing house rent” in the territory. The residents, who expressed the frustration in separate interviews with the News Agency of Nigeria (NAN) in Abuja on Wednesday, added that the development has impoverished many in the FCT. The residents complained…
59 mins ago
The House of Representatives, on Wednesday, passed the Tax Reform Bills through second reading after an intense three hours debate with lawmakers overwhelmingly supporting the proposed legislations despite some reservations. The bills which include the Nigeria Tax Bill 2024, the Tax Administration Bill, the Nigeria Revenue Service Establishment Bill, and the Joint Revenue Board Establishment…
1 hour ago
Two suspects, Lekan Osansan and Olubodun Oladimeji, have been arraigned before a Chief Magistrate Court sitting in Akure, the Ondo State capital, for kidnapping a police inspector. The suspects were arraigned before the court on a three-count charge for abducting the policeman, Michael Aromeh, at NTA junction within Akure metropolis. According to police prosecutor…
1 hour ago
The National Agency for Food and Drug Administration and Control (NAFDAC) has uncovered and sealed a warehouse of six flats containing expired foreign drugs and supplements in the outskirts of Aba. The News Agency of Nigeria NAN reports that the building is located in the serene village setting of Umummeje, Umuocheala in Osisioma LGA of…