Business

Private Company Promotion Center [CPPE] has warned that the ongoing tension between Israel and Iran can trigger an increase in energy costs, improve inflation, among many other risks. This warning is contained in a statement by Think-Tank Economics in a statement on Sunday, June 15, 2025. According to Dr. Young Yusuf, Director/Chief Executive Officer, CPPE, the outbreak of the war …

The central bank of Nigeria (CBN) has issued a new directive that instructs banks operating under regulatory tolerance to suspend the payments of dividends, defer bonuses for managers and stop investments in foreign branches or offshore initiatives. This temporary suspension, according to CBN, is part of a strategy to strengthen capital buffers, improve the resilience of the budget and guarantee …

Abraham Santosh, an inspiring, dynamic and creative entrepreneur, and the CEO of the Alzico Group (Atlas), is radiant with joy following his decoration with a prize for the life of the Badagry Divisional Football Association (BDFA). He was also appointed one of the Association’s ambassadors. This prestigious prize will be officially awarded to him to the finals of the Bdfa-Rak …

Dangote Petroleum Refinery has launched a plan to start the National Distribution of Premium Motor Spirit (PMS) and Diesel starting August 1525 – a step described as a strategic reshuffle of the Nigerian fuel distribution system. In a statement released on Sunday, the company announced that they would use 4,000 tankers supported by new natural gas (CNG) to serve gasoline …

The government of the state of Kwara claims to have replaced the stolen basic travel allowance (BTA) of some of its pilgrims who have fallen victims of scammers in Saudi Arabia. This follows a viral video showing some of the pilgrims who complain they have received $ 1 invoices instead of the $ 500 data. It was collected that the …

By Victor Osula Abuja The federal minister of the territory of the capital, Nyesom Wike, said that no quantity of criticism will derail the commitment of the administration of President Bola Tinubu to complete the abandoned projects in Abuja. On Tuesday, a former senator, who represented Kaduna Central in the national assembly, Shehu Sani, urged President Tinubu to reject the …

June 12: Senator Sampson throws weight behind the economic reforms of Tinubu By Gabriel Kekong Abuja (Core reporter) Senator Sampson Ekong (PDP) representing Akwa Ibom South Senatorial District at the National Assembly, he praised President Bola Tinubu for his economic reforms in the last two years, while he has also defended his economic and security policies. He underlined the importance …

Situation after attacks Benue State continues to sink more deeply into trouble and, from the appearance of things, it seems the governor of the state, the reverend alia has no response for the continuous insecurity in the state. Gradually, while Benue sinks deeper into insecurity, he is checking all the boxes for the declaration of an emergency rule while the …

Year: 2024 Manufacturer: Phebe Tosan Atsemude Nollywood has made a long way, right? It was no longer just about strong comedies or those shiny dramas of Lagos. Lately, some filmmakers are digging more deeply, going towards the quieter corners of Nigeria, where the stories seem heavier, more real. Think of Eyimofe or Milkmaid. This is the type of atmosphere that …

By Victor Osula, Abuja The Federal Ministry of Agriculture and Food Safety has suspended its proposed prayer and fasting scheme intended to seek divine intervention to face the growing crisis of the country. The suspension comes a few days after an internal trapped circular, dated 11 June 2025, commissioned the staff including directors, deputy director, assistant directors and officials of …