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09

Oyo exco has approved Reforms Action Plan for 2025 – Commissioner

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Oyo state executive council meeting has approved the Business-Enabling Reforms Action Plan (BERAP) for the state, Commissioner for Information and Orientation, Prince Dotun Oyelade stated has said. He stated this …

New Eur28m AfDB-funded solar project to boost Chad’s energy access

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The Board of Directors of the African Development Bank Group has approved funding worth Eur 28 million to build solar power plants in Gassi and Lamadji, Chad. This is part …

‘Workers can now enjoy 50% lump sum payment on retirement’

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Workers under the Contributory Pension Scheme (CPS) can now access up to 50 percent maximum lump sum upon retirement as long as they have sufficient balance in the retirement savings …

2025: Soludo signs N606.9bn budget into law, focuses on infrastructural development

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Governor Charles Chukwuma Soludo has signed the N606,991,849,118 Budget of the next fiscal year into law, focusing on key initiatives of infrastructural development that will turn Anambra into an investment …

Access Holdings secures full regulatory approvals for rights issue

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Access Holdings Plc (‘the Company’) has announced that it has secured the full regulatory approvals of the Central Bank of Nigeria and the Securities and Exchange Commission of its recently closed …

Tinubu’s 2025 budget: Where the opposition got it wrong

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Last week, President Bola Ahmed Tinubu Presented N47.90 trillion as the proposed budget for 2025 to the National Assembly. The budget has sparked intense debate among cynics in the opposition, …

06

Actions and inactions that shaped Senate in 2024

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As 2024 runs to an end in six days time, TAIYE ODEWALE chronicles legislative actions and inactions that shaped the Senate in the year Resumption of plenary for the year …

Bauchi assembly passes 2025 budget

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The Bauchi state House of Assembly has passed into law the 2025 budget size of over N467bn. The passage followed the consideration and adoption of the report of the …

Bishop decries high rate of inflation in Nigeria

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The Bishop of Catholic Diocese of Zaria, Most Reverend Habila Daboh, Wednesday, decried the current high rate of inflation in the country which has subjected the common man to serious …

Wednesday, Dec 25

21

PalmPay partners Jumia, launch integration for shoppers in Nigeria

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PalmPay , a leading Africa-focused fintech operating Nigeria’s most used mobile wallet, and Jumia, Africa’s e-commerce giant, has announced a strategic partnership to enhance the digital payment ecosystem on the …

Airtel raises alarm over rising daily fibre cuts

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The telecommunications industry in Nigeria is facing a crisis as Airtel Nigeria reports an alarming average of 43 fibre cuts daily on its network. Over the past six months, the …

Rising inflation dampens festive spirit as food prices hit 40% surge

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As Nigerians celebrate the festive season, the soaring inflation rates in 2024 have cast a shadow over traditional holiday cheer. According to data from the National Bureau of Statistics (NBS), …

20

Yearender-Economic Watch: Chinese private firms speed up innovation drive to buck economic headwinds

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A smart coal mining project in northwest China set a global record for autonomous driving this year, with the world’s largest mixed fleet of 56 driverless and over 800 manned …

2025 Budget: Tinubu approves 300 increase for Sports

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President Bola Tinubu approved an unprecedented budget of N94.9 billion for sports in 2025 in a bold step to revitalise the sector but the breakdown of expenditures is capable of …

17

Senate Leader markets tax reform bills on Christmas day

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The leader of the Senate, Senator Michael Opeyemi Bamidele, put the tax reform bills at the front burner of his message to Nigerians at Christmas on Wednesday. In a personally …

Lawan, Northern Senators preach unity, tolerance, love @ Christmas

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In separate goodwill messages to Nigerians at Christmas, the immediate past President of the Senate, Ahmad Lawan (APC Yobe North) and entire Senators from the North, admonished Nigerians to embrace …

11

DNA links popular American businesswoman’s origin to Nigeria

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Tiki Mills Whitted, a US entrepreneur was astonished as she informed her Facebook followers of the results of her DNA test. Tiki, an entrepreneur and realtor, disclosed that her DNA …

06

Buni approves employment of 424 health workers in Yobe

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The Yobe state governor, Mai Mala Buni, has approved the employment of 424 health professionals to be deployed to health facilities across the state. The governor approved the employment …

Makinde inaugurates 10-man relief disbursement committee on Bodija explosion

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Governor Seyi Makinde of Oyo state Tuesday inaugurated the committee on the management/disbursement of Bodija Explosion Relief Fund. Inaugurating the committee, the governor tasked members of the committee to …

04

Bayelsa: Diri signs 2025 budget into law

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Governor Douye Diri of Bayelsa state has signed the 2025 appropriation bill passed by the House of Assembly into law. Governor Diri on October 31, 2024 presented to the assembly …

Tuesday, Dec 24

00

How banks recapitalisation lifted capital market in 2024

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The nation’s capital market in 2024 has witnessed more activities following the Central Bank of Nigeria (CBN) recapitalisation policy mandating banks to raise their capital base within 24 months to …

23

Equity market sustains bullish run, gains N504bn

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The nation’s equity market on Tuesday sustained growth trajectory, appreciating by N504 billion as gains in the shares of highly capitalised companies lifted market activities. Market capitalisation of listed equities …

Lafarge Africa achieves N91.5bn pre-tax profit despite rising costs

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Lafarge Africa Plc has unveiled its audited financial report for the nine-month period ending September 30, 2024, showcasing notable financial achievements amid a challenging cost environment. The company reported a …

A reflection on ICPC high-risk classification

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The recent Independent Corrupt Practices and Other Related Offences Commission (ICPC) report that tagged the National Hajj Commission of Nigeria (NAHCON) alongside other government agencies such as the Supreme Court, …

Ogun assembly passes 2025 budget, awaits assent

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Ogun state House of Assembly has passed 2025 Appropriation Bill of N1,054,542,020,147 presented to it by Governor Dapo Abiodun exactly 20 days ago with slight adjustments in the recurrent expenditures …

21

Experts weigh in as crude oil prices edge higher

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Global oil prices inched upward on Tuesday, rebounding slightly from earlier losses as an optimistic market outlook offered support despite subdued trading ahead of the Christmas holiday. Brent crude futures …

Japan Tobacco International felicitates with Nigerians at yuletide

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Japan Tobacco International Nigeria (JTI), celebrates with stakeholders on this year’s Christmas Day, wishing them a happy and peaceful celebration. As the year draws to a close, the Company’s General …

Obaseki emerges ‘digital governor’, calls for investment in emerging technology

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The immediate past Governor of Edo State, Mr. Godwin Obaseki, has called on Nigeria’s current state governors to prioritise investments in emerging technologies such as Artificial Intelligence and the Internet …

20

Edo governor signs N675bn budget into law

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The Edo state Governor, Senator Monday Okpebholo, has signed the 2025 Appropriation Bill of N675 billion into law. The State House of Assembly had increased the budget estimate by #72 …

Christmas: Akpabio, Barau, Southern Senators, Adeola preach love, peace

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In separate Christmas messages to Nigerians on Tuesday, the President of the Senate, Godswill Akpabio, his deputy, Senator Barau Jibrin, the Southern Senators forum and Senator Solomon Adeola, called for …