President of the Lagos Chamber of Commerce and Industry (LCCI), Gabriel Idahosa, has urged the federal government to remove the many obstacles that hinder the organised private sector (OPS) from investing, especially in the areas of the electric vehicles (EVs) optimisation and the switch to gas-powered vehicles. Speaking with The Guardian in Lagos, Idahosa said […]

Thirty-six top companies in the fossil fuel industry and their funders made over $420 billion in ‘surplus’ profit in the 24 months leading to July 2023, a new ActionAid report has shown. Launched at the World Economic Forum (WEF) in Davos, Switzerland, the document noted that a 90 per cent tax on the windfall could […]

.Tinubu empowers security operatives to flush out terrorists Minister of the Federal Capital Territory (FCT), Nyesom Wike, has declared that “without the provision of security for life and property, the government has no other business.” He stated this, yesterday, at a security meeting with leaders and security agencies in Bwari Area Council, which is the […]

The Federal Capital Territory High Court has granted the request of a former Governor of Central Bank of Nigeria, Godwin Emefiele, to travel out of Abuja. Emefiele, through his lawyer, Mathew Bukka, SAN had requested for a variation of the terms in his bail conditions. On November 22, 2023, Justice Hamza Muazu of the FCT […]

.Says there was grand plan to annul 2023 presidential election Nobel Laureate, Prof. Wole Soyinka, has said some politicians in the ruling All Progressives Congress (APC) should be answering questions from anti-graft agencies over corrupt practices during their time in elected offices. The elder statesman, who would turn 90 in July, spoke on Channels Television’s […]

Reactions have continued to trail the Appeal Court’s sacking of all state and federal lawmakers of the Peoples Democratic Party (PDP) in Plateau State. Speaking on the matter, the Plateau State Governor, Caleb Mutfwang, who had his governorship election annulled by the appellate court but reversed by the Supreme Court, harped on the need for […]

• CBN, banks’ loan recovery doubtful as FG bears N1.6tr electricity subsidy burden • Stakeholders kick, say new tariff template shows tougher times in 2025 Nigeria, struggling to raise funding for its 2024 budget may borrow to finance electricity subsidy as the Nigerian Electricity Regulatory Company (NERC) yesterday released a new tariff template, showing over […]