English

Economics at independent.ng

Today News

14

National Unity: Tinubu Will Take Nigeria To Promise Land – Nwoko

independent.ng

LAFIA – Senator Ned Munir Nwoko, senator representing Delta North senatorial district has joined his colleagues in the senate under the leadership of the Senate President Godswill Akpabio, on a working visit to President Bola Ahmed Tinubu…

13

Anti-Land Grabbing Law Will Reposition Real Estate In Ondo – PrimeProperty MD

independent.ng

AKURE – The newly enacted anti-land grabbing law in Ondo State has been described as a giant stride that would reposition real estate business in the state. Managing Director, PrimeProperty, who also doubles as CEO of LAHHomes Airport…

12

Kano Dairy Market Records N200m Daily Sales

independent.ng

KANO — Kano cow milk market has recorded a surge in daily earnings, hitting daily sales of N200 million. The steps forward was sequel to a partnership between the state government and the Islamic Development Bank. Muhammad Sani Alarama,…

11

Tax Reform Bills: Orji Kalu Criticises Manner Bills Were Introduced

independent.ng

ABUJA – Senator Orji Uzor Kalu has condemned the manner in which the President Bola Tinubu-led administration introduced the tax reform bills, insisting that Nigerians were not sufficiently educated about it. The former Abia Governor…

09

Ahead Of Midterm, Signs Positive For Tinubu’s Administration

independent.ng

Although the Tinubu administration’s midterm is five months away, President Bola Ahmed Tinubu can proudly reflect on his administration’s journey over the last 19 months. After initial turbulence, the government concluded 2024 stronger…

Tackling Food Insecurity In Nigeria

independent.ng

Months after the Federal Government declared a state of emergency on the country’s food insecurity status, there are no empirical evidences to show that the prices of sundry food items are stabilized or coming down anytime soon. Rather,…

06

Former WMA President Urges Nigerians To Embrace 2025 With Confidence

independent.ng

Lagos – Dr. Osahon Enabulele, former President of the World Medical Association (WMA) and current Director General of the Dr. Osahon Enabulele Foundation (DOEF), urged Nigerians to approach 2025 with renewed confidence and a strong belief…

Starlink Resumes Major Price Restructuring In Nigeria After Regulatory Reset

independent.ng

LAGOS – Starlink at the end of 2024 announced plans to im­plement a revised pricing structure. This move follows an earlier attempt to adjust tariffs on Oc­tober 1, 2024, which faced sig­nificant backlash and regulato­ry scrutiny from the…

Tariff Review In 2025: Telecom Operators May Shutdown Services

independent.ng

LAGOS – Telecom service providers in Nige­ria have warned that unless urgent tariff reforms are made, the coun­try could encounter disruptions in telecom services next year. The Association of Licensed Telecommunications Operators of…

Kano Govt Rejects Tax Reform Bills, Says They Are Ill-Timed, Lopsided

independent.ng

The Kano State government has described as ill-timed, the intro­duction of President Bola Tinu­bu’s Tax Reforms Bills, rejecting it in all ramifications. The government said the bills would do more harm than good to the people of the state…

Senate Resumption: 2025 Budget, Constitution Amendment, Tax Reform Bills Top Agenda

independent.ng

ABUJA – The Senate would upon resump­tion starting January 14, begin investigation of alleged economic sabotage in the petroleum indus­try, the amendment of the 1999 constitution, and key economic reform initiatives by the President Bola…

05

Don’t Expect Anything Different From 2024, Nigerians Advised

independent.ng

…PDP Says Tinubu’s New Year Speech Confirms No Hope In Sight Nigerians have been told not to expect anything different in the year 2025 from what they experienced in 2024 in terms of economic hardship, insecurity, among others. This is as…

01

How Key Initiatives That Shaped Insurance Industry In 2024 Will Reposition It In 2025

independent.ng

Amid harsh economic environment that has forced many sectors and businesses under, insurance industry waxed strong with activities in 2024, and those activities will spill over into 2025, CHRIS EBONG writes. Passage of Consolidated…

Wednesday, Jan 1

22

2025: Year Of Hope, Renewal, Tansformation For ECOWAS, Says Commission

independent.ng

ABUJA – The ECOWAS Commission has said that 2025 is a year of hope, renewal, and transformation forECOWAS, especially as it marks it’s 50th anniversary. The ECOWAS Commission led by it’s President, H.E. Dr Omar Alieu Touray in a New Year…

20

LCCI Calls for Key Reforms to Drive Nigeria’s Growth

independent.ng

The Lagos Chambers of Commerce and Industry (LCCI) has called on the Federal Government to prioritize key areas to unlock sustainable economic growth and improve the well-being of Nigerians in the year ahead. Gabriel Idahosa, President,…

18

Butchers Union Demands Revocation Of Newly Registered Parallel Union To Prevent Crisis

independent.ng

BENIN – The National Union of Butchery Workers of Nigeria (NUBWN)/ National Butchers Union of Nigeria, has called on the Federal Ministry of Labour and Employment to withdraw the registration of a newly formed parallel union with the name,…

17

Crude Production: Achieving Three Million BPD In 2025 Imperative, FG Tells Navy

independent.ng

…..As Navy Deploys Armed Drones To Tackle Oil Theft PORT HARCOURT: The Federal Government has charged the Nigerian Navy to ensure the increase of crude oil production from 1.8 million barrels per day to 3 million barrels in 2025, saying…

16

2025: Governor Adeleke Promises Renewed Soft Infrastructure

independent.ng

Governor Ademola Adeleke of Osun State has promised a renewed focus on soft infrastructure in the 2025 fiscal year after a relentless two years of infrastructural upgrade of the state.Addressing the people of Osun State and residents for…

13

2025: Year Of Accelerated Growth, Shared Prosperity For Ekiti People, Oyebanji Says

independent.ng

LAGOS – Ekiti State Governor Biodun Oyebanji of Ekiti State has declared 2025 as the year of accelerated growth in the state’s journey towards shared prosperity. The new year, according to Oyebanji, will see the state witness massive…

12

Chisco Transport Restates Commitment To Top Quality Services, Lauds Tinubu’s 50% Fare Rebate

independent.ng

LAGOS – Chisco Transport Ltd, has assured the travelling public of safe and top-quality services on all its routes during the yuletide season and beyond. Chisco Transport also lauded President Bola Tinubu for the gesture of subsidising…

Importance of Real Estate Investment: Call To Action For Young Generation In 2025

independent.ng

LAGOS – As we approach the new year, it’s essential to reflect on the opportunities that lie ahead, particularly in the realm of real estate investment. The importance of taking real estate investment seriously cannot be overstated,…

2025: We’ll Do More For Our People, Ease Economic Burdens – Makinde

independent.ng

IBADAN: Oyo State governor, ‘Seyi Makinde, has said that his government will do more for the people of the state in 2025. He noted that the administration would embark on decisive actions that would increase Oyo State residents’ spending…

09

Konga To Launch AI-Powered Radio Station To Promote Commerce

independent.ng

Konga, one of the leading composite e-commerce group, is poised to transform the Nigerian media and commerce landscape with the upcoming launch of its AI-powered FM radio station in Lagos. The groundbreaking initiative, set to debut in…

NIMASA Bags Excellent Service Delivery Award

independent.ng

The Nigerian Maritime Administration and Safety Agency (NIMASA), has bagged the SERVICOM award for excellent service delivery. The SERVICOM award, typically given to government agencies that demonstrate outstanding public service,…

FCMB Completes Public Offer, Raises N147.5bn With 33% Oversubscription

independent.ng

FCMB Group Plc, one of the leading financial services group, has announce the successful completion of its public offer, following the approvals of the Central Bank of Nigeria (CBN) and the Securities and Exchange Commission (SEC). The…

Bankit Africa Revolutionises Financial Services, Introduces Cutting-Edge Mobile Banking App

independent.ng

LAGOS – Bankit Africa, a growing Pan-African Fintech company, has formally launched its operations in Nigeria, introducing a cutting-edge mobile banking app that is set to transform the financial services landscape. A statement by Kingsley…

Cola War: How New Carbonated Soft Drink Brands Are Upstaging Heavyweights

independent.ng

The battle for dominance in Nigeria’s carbonated drinks market has taken a dramatic turn in recent years. Once the unchallenged domain of global heavyweight Coca-Cola and Nigerian giant Bigi, the industry is now witnessing the steady…

Gaming PCs Surge Ahead, To Hit $62bn In 2025

independent.ng

LAGOS – While global PC sales have struggled over the past two years, weighed down by post-pandemic slowdowns, inflation, component shortages, and market saturation, the gaming PC sector saw stable growth. In 2024, gamers worldwide spent…

Why Telecom Operators Threatened To Shut Down Services In Some Parts Of Nigeria

independent.ng

LAGOS – Telecommunications operators in Nigeria have threatened to shut down their services in some parts of the country next year if their demand for tariff review is not considered by the Nigerian Communications Commission (NCC). The…

Onne Customs Achieves N643bn Revenue In 2024, Exceeds Target By N25bn

independent.ng

\ LAGOS – The Nigeria Customs Service (NCS), Area 2 Command, Onne, Rivers State, has declared a record revenue generation of N643 billion for 2024, surpassing its annual target of N618 billion by N25 billion. This achievement represents…