The Lagos State government said it has slashed the fare for the Lagos Rail Mass Transit Blue Line by 50 per cent on Thursday, September 4, 2025, to mark its second anniversary. The state governor, Babajide Sanwo-Olu, announced this on his official X handle on Wednesday, September 3. “I am pleased to announce a 50% reduction …
The U.S. military killed 11 people on Tuesday in a strike on a vessel allegedly carrying narcotics from Venezuela, President Donald Trump said. It marks the first known operation since his administration deployed warships to the southern Caribbean. Trump told reporters at the White House: “We just, over the last few minutes, literally shot out …
The Federal Capital Territory (FCT) Police Command has raised fresh concerns over the rising cases of land grabbing in Abuja, warning that the menace is scaring investors, draining public trust, and worsening the city’s investment climate. Commissioner of Police, FCT Command, CP Ajao Saka Adewale, sounded the alarm while speaking at the official launch of …
The recent hike in the price of Compressed Natural Gas (CNG) to N380 per standard cubic meter (SCM), from N230, raises concern about the Federal Government's plans to adopt CNG to cushion the impact on transport costs and economic hardship faced by Nigerians. This signifies a 65.22 per cent hike or N150 increase in the …
The Shenzhen-Hong Kong-Guangzhou innovation cluster has been recognised as the leading global innovation hub in the 2025 World Intellectual Property Organisation (WIPO) Innovation Index, surpassing Tokyo. This region's dominance is underscored by its robust technology sector, which spans industries such as electronics, artificial intelligence (AI), and biotech. The Shenzhen-Hong Kong-Guangzhou cluster represents a model for …
Lagos is preparing to make history as it hosts the continent’s first-ever E1 Electric Powerboat Championship from October 3 to 5, 2025, in Victoria Island. The Lagos State Government and the organisers of the E1 Series confirmed their readiness, promising a world-class event that will bring together more than 250 international sports personalities. The E1 …
Venezuela’s government is quietly allowing the use of dollar-pegged cryptocurrencies in private-sector currency exchanges as U.S. sanctions squeeze oil revenues and reduce the flow of foreign currency. U.S. restrictions on oil exports, described by Caracas as “economic war,” have made it harder for businesses to access dollars. Companies seeking raw materials must often exchange bolivars …
Property owners in Abuja who illegally convert residential buildings to commercial use will now pay a fine of ₦5 million and obtain a new Certificate of Occupancy (C-of-O), the Federal Capital Territory Administration (FCTA) has announced. The decision affects properties on Gana Street (Maitama), Gimbiya Street (Garki), Aminu Kano Crescent, Ademola Adetokunbo Street (Wuse II) …
President Bola Ahmed Tinubu says Nigeria met its 2025 revenue target as early as August and now has enough resources to run government programmes without borrowing. He described the development as proof that the economy, once shaken by turbulence, is beginning to stabilise. Tinubu made the disclosure yesterday at the Presidential Villa, Abuja, while hosting …
In an unprecedented move, the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) have jointly declared that registered firms in the United States are permitted to trade spot cryptocurrencies, signalling a regulatory breakthrough in the crypto industry. This announcement marks a new chapter in the U.S. government's approach to regulating …
