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Category: Business
Elon Musk set to become world’s first trillionaire
Billionaire Elon Musk, the world’s richest person, is nearly halfway to becoming the planet’s first trillionaire, Forbes magazine reported. The Tesla and SpaceX CEO became…
Top 6 countries in Africa with most billionaires
Africa’s ultra-wealthy class reached a new milestone in 2025, with 22 billionaires collectively worth an estimated US$105 billion—a significant jump from US$82.4 billion and 20…
FG unveils new tax reform laws in major economic policy shift
The Federal Inland Revenue Service (FIRS) will on Monday, officially unveil the Nigeria Tax Reform Acts at a strategic stakeholder engagement session in Abuja. The…
Nigeria economy records strong growth — Edun
Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, has said that the nation’s economy is witnessing a progressive growth. Edun said…
FEC okays biometric flight boarding, PH airport concession
The Federal Government has approved the concession of the Port Harcourt International Airport to private operators, saying the move will boost efficiency and reduce losses…
FG rolls out new plans to tackle food shortage
The Federal Government has unveiled new agricultural reforms aimed at ending hunger, boosting food production, and reducing post-harvest losses estimated at over $10bn annually, in…
FG unveils new agricultural mechanisation programme, urges Nigerians to apply
The Federal Government, through the Bank of Agriculture, is calling for applications for the Renewed Hope National Agricultural Mechanisation Programme. RHAMP, unveiled in collaboration with…
Tinubu writes Senate, seeks fresh ₦1.15trn domestic loan to fund 2025 budget deficit
President Bola Tinubu has written to the Senate seeking approval for a fresh ₦1.15 trillion borrowing from the domestic debt market to finance the deficit…
Naira rises to N1,455/$ in parallel market
The Naira yesterday appreciated to N1,455 per dollar in the parallel market from N1,475 per dollar last weekend. But the naira depreciated to N1,438 per…
13 ships arriving with petroleum products – NPA
The Nigerian Ports Authority (NPA) has said 17 ships are being expected at Apapa and Tin-Can Island ports in Lagos from November 3 to 7….