Experts Warn Ferry Costs Could Limit Lagos Omi Eko Project
High ferry fares are limiting the adoption of water transport in Lagos, despite its potential to reduce traffic congestion. Experts warn that without fare subsidies, the new €410 million Omi…
JUST IN: Nigeria Exits FATF Grey List, Boosting Investor Confidence and Financial Credibility
The Financial Action Task Force (FATF) has removed Nigeria from its grey list after nearly three years, signaling renewed global confidence in the country’s financial system. The decision, which also…
NEM Insurance Profit Soars 67% in Q3 on Strong Premium Growth and Investment Gains
NEM Insurance Plc has announced a 67% rise in pretax profit to ₦5.8 billion for the third quarter of 2025, up from ₦3.4 billion in the same period last year,…
JUST IN: Tinubu Sacks Service Chiefs, Names New Military Heads
President Bola Tinubu has carried out a major shake-up in Nigeria’s military hierarchy, appointing new Service Chiefs in a move aimed at strengthening the country’s national security architecture. According to…
Corporate Tax Strategy: Beating Nigeria’s 30% Capital Gains Levy
The introduction of a new 30 percent Capital Gains Tax (CGT) under the Nigerian Tax Act 2025 has stirred widespread reactions across the country’s corporate sector. The updated guidelines set…
Lagos Real Estate: Where Ambition Meets Inequality
In Lagos, real estate is more than just business, it’s a contest of ambition, access, and opportunity. From the gleaming towers of Ikoyi to the fast-growing estates of Ibeju-Lekki, property…
Ogun Govt Appeals for Patience on Abeokuta–Sango Ota Road
The Ogun State Government has urged motorists and residents to remain calm as work continues on the Abeokuta–Sango Ota Road. Commissioner for Works, Ade Akinsanya, said in a statement that…
Urbanization and Nigeria’s Housing Challenge
Urbanization, the permanent concentration of people in cities has become one of the defining trends of modern society. It reshapes economies, social systems, and the environment, driving nations from agrarian…
Oyo Govt Faults FG Claim Over Revoked Lands
The Oyo State Government has dismissed claims by the Federal Government over certain properties in the state, insisting they were lawfully revoked and now belong to Oyo State. Commissioner for…
Wike Blames Africa’s Underdevelopment on Poor, Transactional Leadership
Minister of the Federal Capital Territory (FCT), Nyesom Wike, has criticised what he described as the dominance of transactional and mediocre leadership across Africa, blaming it for the continent’s persistent…