The Corporate Affairs Commission (CAC) and the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) have unveiled a nationwide initiative to provide free business registration for 250,000 nano, micro, and small enterprises. The scheme, announced in Abuja during the signing of a Memorandum of Understanding between the two agencies, aims to ease the burden …
For the first time since the beginning of this year, the Central Bank of Nigeria (CBN) acted dovishly, cutting the benchmark interest rate to rein in inflation as investors' appetite trended northward at the stock and foreign exchange (FX) markets. On Tuesday, September 23, after its two-day bi-monthly Monetary Policy Committee (MPC) meeting, CBN Governor …
Ethiopia has signed an agreement with Russia to build a nuclear power plant, marking a significant step in its efforts to diversify energy sources. The deal was finalized in Moscow on Thursday between Ethiopia’s Electric Power Company and Rosatom, Russia’s state-owned nuclear corporation, during a nuclear energy forum. Both sides agreed to draft a detailed …
In Karabok, a remote village in western Kenya, 25-year-old Mary Olouch was buried after a botched abortion claimed her life. Just a few steps away, her young son turns the pages of a photo album, staring at images of the mother he will never truly know. Community health volunteer, Loice Ochieng, believes Mary concealed her …
U.S. consumer spending rose more than expected in August, driven by vacations, dining out, and higher demand for services, keeping the economy on solid ground even as inflation picked up. The Commerce Department reported Friday that household consumption, which makes up over two-thirds of economic activity, climbed by 0.6% after a 0.5% gain in July. …
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has demanded immediate reinstatement of Nigerian workers sacked by the management of Dangote Petroleum Refinery & Petrochemicals. The union accused the Dangote Refinery of engaging in anti-labour practices, vowing to pursue legal action against the company if it fails to recall the affected staff. …
The Chairman and Chief Executive Officer of the National Drug Law Enforcement Agency (NDLEA), Brigadier General Mohamed Buba Marwa (Rtd), says the commissioning of a new canine facility in Lagos marks a turning point in Nigeria’s fight against illicit drugs. The modern dog complex, built and donated by the German government, was inaugurated on Friday …
Shareholders have approved the merger of Unity Bank Plc with Providus Bank Limited. They gave their consent at a court-ordered Extraordinary General Meeting (EGM) on Friday, September 26. The approval, expected to enable the banks to consolidate their assets as well as liabilities, represents a major step toward building a larger, more competitive financial institution …
Veteran singer Salawa Abeni has dismissed rumours of her death, assuring fans that she is alive and in good health. In a video posted on Instagram, the Queen of Waka briefly sang and declared she remains strong. She thanked her family, friends, and supporters for their concern, urging them to disregard the false reports. READ …
Nigeria has secured a major breakthrough in the fight against HIV with the announcement of a landmark price reduction for the revolutionary drug, lenacapavir. The National Agency for the Control of AIDS (NACA) revealed the deal at the 2025 Clinton Global Initiative Annual Meeting, held on the sidelines of the 80th United Nations General Assembly …
