Economy General

Rewane Urges Tinubu Administration to Approach Borrowing Strategically for National Benefit

Bismarck Rewane, Managing Director of Financial Derivatives Company Limited, has emphasized the importance of strategic borrowing by the Bola Tinubu administration, cautioning that Nigeria’s debt management must prioritize the nation’s long-term economic stability. In a recent statement, Rewane stressed that while borrowing is a necessary tool for funding development projects and boosting economic growth, it

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Economy General

Entrepreneur Merilyn Abioye Urges Business Community to Embrace Digital Innovation and Develop Key Skills

Entrepreneur Merilyn Abioye has called on members of the business community to adopt digital innovation as a vital strategy for thriving in today’s competitive marketplace. Addressing aspiring and established entrepreneurs, Abioye emphasized the importance of leveraging technology to stay ahead of the curve. In her advice, she urged entrepreneurs to acquire essential digital skills that

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Politics Economy

NASENI project: VP Shettima to launch National Asset Restoration Programme

• Tractor recovery project begins in Maidugur Nigeria has over 55,000 broken down tractors across the lands but a programme to repair and deploy almost 10,000 is afoot. Now, Vice President Kashim Shettima will this weekend (Sunday, June 8, 2025) in Maiduguri, Borno State, formally launch the National Asset Restoration programme; even as the programme

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Economy General

NICC President’s visit will unlock business and partnership opportunities for PHCCIMA members – Dr Nwoga

The visit of Nigeria-Indonesian Chamber Of Commerce (NICC) President, Dr Ishmael Balogun, to the Port Harcourt Chamber of Commerce, Industry, Mines of Agriculture (PHCCIMA), is said to be targeted at creating business and partnership opportunities for both chambers, so declared the PHCCIMA boss, Dr Chinyere Nwoga. On her opening remark at the interaction, Dr Nwoga

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General Economy

Sahara Power Group, Crescendough boost Nigeria’s power supply with 180MW Afam II power plant

Africa’s largest private power business, Sahara Power Group (SPG), in partnership with Crescendough Nigeria Limited (CNL), has successfully commissioned the 180MW Afam II Power Plant in Rivers State, reinforcing the critical role of private-sector collaboration in driving sustainable energy solutions in Nigeria. Sahara Power Group, a subsidiary of global energy and infrastructure conglomerate (Sahara Group

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Economy General

Bonny Chamber of Commerce Reaffirms Commitment to Boost Local Economy and Tourism

The Bonny Chamber of Commerce, Industry, Mines and Agriculture has reiterated its dedication to reposition Bonny Kingdom as a hub for commerce, culture, and tourism. President of the Chamber, Constance Nwokejiobi, made the declaration after signing a partnership agreement with the Rivers State Council of the Nigeria Union of Journalists (NUJ). During the event, Nwokejiobi

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Economy Politics

Federal Government Reports Over $800 Million Attracted to Nigeria’s Solid Minerals Sector Under Tinubu’s Policies

The Nigerian federal government has announced that the administration of President Bola Tinubu’s new policies on local value addition and a stricter licensing regime have successfully attracted over $800 million in processing projects in Nigeria’s solid minerals sector in 2023. A statement by presidential spokesperson Bayo Onanuga revealed that the sector also generated more than

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Economy General

NCC Orders Telecom Operators to Inform Consumers of Service Disruptions and Provide Compensation

The Nigerian Communications Commission (NCC) has directed telecom operators to promptly notify consumers of significant service disruptions through media platforms. The new directive mandates that affected customers receive proportional compensation, such as extensions of service validity, in line with the Consumer Code of Practice Regulations. In a statement, Nnenna Ukoha, Acting Head of Public Affairs

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Politics Economy

Tinubu sends N1.48trn Rivers budget to N’Assembly

President Bola Tinubu on Thursday transmitted a budget proposal of N1.48 trillion for the Rivers State Government to the National Assembly for consideration and passage. The President said the budget proposal became necessary because of the nullification of the 2025 budget of the state by the Supreme Court and the fact that the state is

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Economy General

Etche Local Government Raises Alarm Over Rising Farmer-Herder Conflicts

The Administrator of Etche Local Government Area, Dr. Onyenanchi Nwankor, has expressed strong concern over the increasing invasion of farmlands by cattle herders, the destruction of farm produce, and retaliatory attacks by herders and local residents. He made the remarks during a crucial meeting held at the Nigerian Police Divisional Headquarters in Okehi, with the

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