Economy General

Rivers CSOs Commend Fubara on MSME Growth, Hail RIMA Loan Disbursements

The Coalition of Civil Society Organisations and Community-Based Groups in Rivers State has commended Governor Siminalayi Fubara for what it described as visionary leadership and a strong commitment to the growth of small and medium-scale businesses through the Rivers State Microfinance Agency (RIMA). The coalition described RIMA as a critical driver of inclusive economic growth

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General Economy

RIMA Disburses ₦2.346bn to 3,000 Beneficiaries Since 2024

The Rivers State Microfinance Agency (RIMA) has disbursed a total of ₦2.346 billion to about 3,000 beneficiaries since the inception of its loan scheme in 2024. The scheme was launched by Governor Siminalayi Fubara to support small and medium-scale enterprises across Rivers State. The Managing Director of RIMA, Pastor Tobin Jonathan, disclosed this while presenting

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Economy General

FCCPC Warns Inter-City Transport Operators Against Arbitrary Fare Hikes

The Federal Competition and Consumer Protection Commission (FCCPC) has warned inter-city road transport operators against arbitrary and unexplained fare increases during the ongoing yuletide travel period. In a statement signed by the Commission’s Corporate Affairs Director, Ondaje Ijagwu, the FCCPC said the caution follows a surge in consumer complaints from different parts of the country

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Economy Entertainment & Lifestyle Features General Technology

Netflix Is Teaching Us Something About Distribution

By Paul Chimodo For years, discussions about Nigeria’s creative and business ecosystem have followed a predictable path. We celebrate talent. We highlight creativity. We speak endlessly about potential. From Nollywood to Afrobeats, from tech startups to fashion, the consensus is that Nigeria is bursting with ideas. Yet one uncomfortable truth remains largely unaddressed. Talent alone

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Economy General

Dangote Petitions ICPC Over Alleged Corruption by NMDPRA Chief

Chairman of the Dangote Group, Aliko Dangote, has submitted a petition to the Independent Corrupt Practices and Other Related Offences Commission (ICPC) against the Managing Director of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Ahmed Farouk. In the petition, filed through his lawyer, Ogwu Onoja, SAN, Dangote urged the anti-graft agency to arrest,

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Economy General

Senate Passes 2026–2028 MTEF, Clears Way for N54.4 Trillion 2026 Budget

The Senate has passed the 2026–2028 Medium-Term Expenditure Framework (MTEF) and Fiscal Strategy Paper, paving the way for President Bola Tinubu to present the 2026 Appropriation Bill, estimated at ₦54.4 trillion. The passage followed the consideration and debate of a report presented during plenary on Tuesday by the Chairman of the Senate Committee on Finance,

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General Economy

FCCPC Destroys Over ₦25 Million Worth of Fake and Expired Products

The Federal Competition and Consumer Protection Commission (FCCPC) has seized and destroyed counterfeit, adulterated, and expired products valued at more than ₦25 million as part of its ongoing Ember Season enforcement campaign. Speaking on the development, the FCCPC South-South Zonal Coordinator, Uchegbu Chukwuma, said the exercise was undertaken to protect consumers from unsafe and substandard

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General Economy

Rivers Civil Service Job Beneficiaries Protest Delay in Appointment Letters

Some beneficiaries of the 10,000 civil service jobs in Rivers State on Tuesday staged a peaceful protest to the Government House in Port Harcourt over the non-issuance of their appointment and posting letters. Leader of the group, Ajoku Okechukwu, while reading a communiqué, said the beneficiaries had undergone successful screening but were yet to receive

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Economy General

Mayor of Housing Extends Entrepreneurship Support to Mbo LGA, Donates Millions for Youth Empowerment

The Port Harcourt-based Mayor of Housing, My-ACE China, has extended his entrepreneurship advocacy to Mbo Local Government Area of Akwa Ibom State, supporting the establishment of an entrepreneurship centre and a vocational skills centre aimed at training and empowering young people in the area. Joining other stakeholders from Mbo, My-ACE China donated millions of naira

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Economy General

CBN Governor Olayemi Cardoso to Lead Nigeria’s Delegation to World Bank and IMF Annual Meetings in Washington

The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, will lead the country’s delegation to the 2025 Annual Meetings of the World Bank and the International Monetary Fund (IMF), which open on Monday, October 13, in Washington D.C., United States. According to an official statement, Cardoso, who serves as the Alternate Governor for

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