The Minister of Solid Minerals Development, Dele Alake, has ordered the immediate sealing of a mining site in Zuraq, Wase Local Government Area of Plateau State, following a deadly incident that claimed dozens of lives. The directive, contained in a statement issued on Wednesday in Abuja by his Special Assistant on Media, Segun Tomori, came…
By Adeyemi David The Chairman of the Dangote Group, Aliko Dangote has projected that the naira could strengthen to N1,100 per dollar in 2026, citing the effects of ongoing economic reforms and import substitution policies. Dangote made the remarks on Tuesday during the launch of the National Industrial Policy 2025 by the federal government. He…
President Bola Tinubu on Tuesday unveiled Nigeria’s Industrial Policy 2025, directing relevant Ministries, Departments and Agencies (MDAs) to ensure its speedy implementation as part of efforts to strengthen the country’s economic foundation. The policy was inaugurated on the president’s behalf by Vice-President Kashim Shettima at the Bola Ahmed Tinubu International Conference Centre in Abuja. Tinubu…
The Nigerian Content Development and Monitoring Board (NCDMB) has reminded operators, contractors, and service companies in the upstream oil and gas sector of their statutory obligation to remit one percent (1%) Nigerian Content Development Fund (NCDF) levy into accounts officially designated by the Board. In a statement issued at the Nigerian Content Tower in Yenagoa,…
Expanding fair access to foreign exchange and trade finance could unlock Nigeria’s export potential and strengthen regional commerce, a Central Bank of Nigeria (CBN) official has said. Assistant Director of Imports and Trade Relations at the CBN’s Trade and Exchange Department, Mr Tiku Allu made the remarks at the 2026 Ecobank Nigeria customer forum on Tuesday…
The Federal Government has invited the African Development Bank (AfDB) to support the design and financing of the Digital Value Chain Infrastructure for Boosting Employment (D-VIBE), also referred to as Project BRIDGE, aimed at expanding Nigeria’s digital infrastructure and stimulating job creation. According to a statement released by the AfDB on its website, the project…
The Federal Government has announced that salaries of unverified workers in the Federal Civil Service will be suspended starting March 2026, following the conclusion of the ongoing Personnel Audit and Skills Gap Analysis (PASGA) exercise. A memo obtained by our correspondent on Tuesday from the Office of the Head of the Civil Service of the…
By Adeyemi David Chairman of the House of Representatives Ad Hoc Committee on the Review of Tax and Export Incentives, Waivers and Exemptions, James Abiodun Faleke, has disclosed that Nigeria is losing an estimated N8 trillion annually to waivers and concessions granted to organisations and individuals by the Federal Government of Nigeria. In a statement…
By Adeyemi David The Comptroller-General of the Nigeria Customs Service, Adewale Adeniyi, on Tuesday commissioned the Abdul Samad Rabiu / Nigeria Customs Service Hospital in Bauchi, a 60-bed healthcare facility donated by industrialist Abdul Samad Rabiu, founder of BUA Group and chairman of ASR Africa. Delivered through the Abdul Samad Rabiu Africa Initiative, the hospital…
The Federal Government of Nigeria has formalized a strategic partnership with the International Energy Agency (IEA) to enhance cooperation on methane emissions reduction, gas development, clean cooking access, and technical support. The Memorandum of Understanding (MoU) was signed on Tuesday at the IEA Headquarters in Paris by Rt. Hon. Ekperikpe Ekpo, Nigeria’s Minister of State…
