Economy Environment General

Farmers-Herders Conflict in Tai LGA Sparks Ongoing Tensions and Denials

The debate surrounding the farmers-herders conflict in Tai Local Government Area continues to intensify. During an appearance on Rhythm’s News and Current Affairs Programme, View Point, Nnaa Erekpana, a former youth president of Ueken community in Tai, described the situation as a form of colonization by Fulani herders. Erekpana accused that the crisis worsened after

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General Economy

President Tinubu Signs Four Tax Reform Bills into Law to Transform Nigeria’s Revenue System

President Bola Tinubu has signed four key tax reform bills into law, marking a significant step towards overhauling Nigeria’s tax administration. The bills include the Nigeria Tax Bill, the Nigeria Tax Administration Bill, the Nigeria Revenue Service (Establishment) Bill, and the Joint Revenue Board (Establishment) Bill, all of which were passed by the National Assembly.

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Economy Politics

Business Analyst Raises Concerns Over Transparency of Rivers State’s 2025 Budget

Kenneth Okara, a renowned business analyst, has expressed concerns regarding the transparency of the recently approved ₦1.48 trillion budget for Rivers State’s 2025 fiscal year. Okara stated that he expected a detailed breakdown of the budget, including specific allocations to various sectors, to ensure clarity and accountability. He emphasized that an ambitious budget lacking transparency

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Economy General

Oyedele Announces Tax Exemption for Low-Income Nigerian Households Following New Tax Laws

Taiwo Oyedele, Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, has revealed that under the newly enacted tax laws, Nigerian households earning ₦250,000 or less per month are classified as poor and will be exempt from paying taxes. Oyedele, a former tax leader at PriceWaterhouseCoopers (PwC), made the announcement a few hours

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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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