Lagos State Governor Babajide Sanwo-Olu participated in this year’s Lagos Food Festival yesterday, where he personally cooked and tasted a meal of seafood rice with stir-fry spinach. The event was organised by the Lagos State Ministry of Agriculture and Food Systems at Muri Okunola Park, Victoria Island. The governor stressed that the festival is designed to be a platform for families to come together, unwind and see food from different…

Chairman of Dangote Industries Limited (DIL), Aliko Dangote, has accused the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) of approving large-scale imports of petroleum products from Russia, a move he says is crippling Nigeria’s downstream sector and threatening local refining. Dangote made the claims during a media interaction at the Dangote Refinery on Sunday, where he also levelled allegations of corruption against Farouk Ahmed, the chief executive officer of…

Governor Lucky Aiyedatiwa has a deep-sea port that the Federal Executive Council (FEC) has approved for the industrialisation of the state’s deep-sea port licence. He described the decision as pivotal for industrialisation and investment in the state. Aiyedatiwa made the disclosure on Friday while addressing stakeholders of the All Progressives Congress (APC) at the final expanded quarterly meeting for 2025 in Akure. READ ALSO: Aiyedatiwa flags off Owena dam rehabilitation, vows…

The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has announced that all taxable Nigerians will be required to provide a Tax Identification Number (TIN) to operate or maintain a bank account, beginning 1 January 2026. Oyedele made the clarification in an interview shared on his X account on Thursday, explaining that the measure forms part of the Federal Government’s new tax administration framework under…

Ghana’s economy grew by 5.5% in the third quarter of 2025, buoyed largely by stronger performances in agriculture and services, according to data released by the national statistics office on Wednesday. The latest figures, however, reflect a slowdown compared to the revised 7.0% recorded in the same period last year, with the industrial sector expanding by just 0.8%. Government statistician Alhassan Iddrisu attributed the weaker industrial output to subdued activity…

The Central Bank of Nigeria (CBN) has confirmed that just 82 Bureau De Change (BDC) operators currently hold valid licences to operate in the country. The announcement was made on Monday by the Bank’s spokesperson, Hakama Sidi Ali. According to the CBN, the licences were issued in line with its powers under the Bank and Other Financial Institutions Act (BOFIA) 2020 and the 2024 Regulatory and Supervisory Guidelines for Bureaux…

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced that over $185 million and N14.9 billion have so far been released to the Nigerian National Petroleum Company Limited (NNPCL) from the Frontier Exploration Fund, countering recent reports alleging that the regulator withheld the money. The Commission’s Head of Media and Strategic Communication, Eniola Akinkuotu, clarified the development in a statement issued on Monday, stressing that all approved funds had been…

Kwara State is poised to become a key supplier of agricultural produce to Nigeria’s largest consuming market, following the activation of Lagos State’s ₦500 billion Offtake Guarantee Fund to secure long-term commodity supply partnerships. This positions Kwara as a major source for grains, legumes, fish, and other high-demand commodities. The development was recently confirmed at a strategic meeting led by the Commissioner for Agriculture and Rural Development, Afees Alabi, in…

The Lagos State Government has announced a dedicated commitment to developing a world-class, sustainable, and innovation-driven gemstone and jewellery industry, with the ultimate goal of positioning the state as a continental hub. This vision was disclosed by the Special Adviser to the Governor Babajide Sanwo-Olu on Mineral Resources, Abiola Olowu, at the 2025 Gemstone and Jewellery Conference and Exhibition (GGCE) at the Oriental Hotel. READ ALSO: Lagos APC slams ADC over…

The Minister of Information and National Orientation, Mohammed Idris, has urged the Institute of Chartered Accountants of Nigeria (ICAN) to support the economic reform agenda of the President Bola Tinubu administration. The minister made the appeal on Friday during a courtesy visit by an ICAN delegation led by its President, Haruna Yahaya, at the Radio House in Abuja. Idris called on ICAN to champion the cause in your financial and…

Governor Lucky Aiyedatiwa of Ondo State has declared that the state has reached a defining moment in its economic journey. He stated that the state is now fully prepared for global investment, large-scale expansion, and international competition. The governor made the declaration while speaking at the Johnvents Group 2025 End-of-Year Celebration held at The Dome in Akure yesterday. READ ALSO: Aiyedatiwa swears in new advisers, DG PPIMU, inaugurates law commission Aiyedatiwa…

The Governor of Rivers State, Siminalayi Fubara, has stated that he intends to make the state an investment hub. He made this statement while receiving Aisha Rimi, the Chief Executive Officer/Executive Secretary of the Nigerian Investment Promotion Council (NIPC), along with the management and staff of NIPC, at the Government House in Port Harcourt. READ ALSO: Fubara condemns ‘engineered’ media narratives, reaffirms Rivers state’s safety In a statement obtained by the…