August 14, 2025

Life Style

Customs General

President Tinubu Approves One-Year Tenure Extension for Customs Boss

President Bola Ahmed Tinubu has approved the extension of service for the Comptroller-General of the Nigeria Customs Service (NCS), Bashir Adewale Adeniyi, extending his tenure by an additional one year. This decision, according to credible sources within the presidency, reflects the administration’s confidence in Adeniyi’s leadership and its determination to consolidate the ongoing reforms within

Read More
Finance General

Lagos Government Deepens Fiscal Transparency with Training on Global Financial Standards

In a renewed push towards enhancing financial transparency and global best practices in public sector accounting, the Lagos State Government has commenced an intensive capacity-building programme for its finance and audit personnel. The training, organized by the Ministry of Establishments and Training, is targeted at equipping Accounts, Finance, and Audit Officers across Ministries, Departments, and

Read More
General Petrol

QatarEnergy Makes Fuel Prices Public for August 2025 – No Surprises as Rates Hold Steady

In a move that will please drivers and businesses alike, QatarEnergy has today released its official fuel rates for August 2025, maintaining the same prices set for July. According to its end‑of‑month bulletin, Premium‑grade petrol remains at QR 1.95 per litre, Super‑grade petrol holds at QR 2.00, and diesel continues at QR 1.95 per litre—a pattern that mirrors

Read More
General

Only 5% of Lagos Homes Are Affordable – Expert Explains Lekki’s Decline in Elite Status

July 31, 2025 | Lagos, Nigeria  Real estate expert and Founder of the Nigerian PropTech Association, Roland Igbinoba, has revealed that only five percent of residential properties in Lagos are affordable to the average citizen, raising concerns about the growing housing crisis in Africa’s most populous city. Speaking at a recent industry dialogue in Lagos,

Read More
Artificial Intelligence General Technology

Microsoft to Invest Unprecedented $30 Billion in AI-Driven Cloud Infrastructure in Q3 2025

July 31, 2025 | Redmond, USA  In a historic move underscoring the intensifying global race in artificial intelligence, Microsoft Corporation has announced a record-breaking $30 billion investment in AI-powered cloud infrastructure for the third quarter of 2025. The tech giant disclosed that the funds will be channelled towards expanding its global data centre footprint, upgrading

Read More
General

Court Declines NIA’s Bid to Halt House of Reps’ N98 Billion Insurance Sector Probe

July 31, 2025 | Abuja, Nigeria  A Federal High Court in Abuja has dismissed an application filed by the Nigerian Insurers Association (NIA) seeking to stop the House of Representatives Committee on Public Accounts from investigating the alleged mismanagement of over N98 billion in the nation’s insurance sector. The NIA, a leading umbrella body for

Read More
Aviation General

Africa’s Aviation Sector to Expand by 4.1% Annually, Passenger Traffic Expected to Double by 2044 – IATA

July 31, 2025 | Lagos, Nigeria  The International Air Transport Association (IATA) has projected a steady 4.1% annual growth rate for Africa’s aviation industry, estimating that passenger traffic on the continent will double by the year 2044. This projection was contained in IATA’s latest 20-year Air Passenger Forecast released on Wednesday, highlighting Africa’s significant growth

Read More
General

FG Hosts Digital Media Summit to Spotlight New Media’s Role in National Growth

Abuja | July 31, 2025 — The Federal Government is set to host a landmark event tagged the Progressive Digital Media Summit, aimed at highlighting the transformative role of new media in driving Nigeria’s national development. Themed “Unveiling the Critical Role of New Media in National Development”, the summit will hold from August 1st to

Read More
General

Engr. Abu Salami Takes Over as New KWACCIMA President

ILORIN, KWARA STATE – July 31, 2025  Engr. Abu Salami officially assumed leadership as the new President of the Kwara Chamber of Commerce, Industry, Mines and Agriculture (KWACCIMA) on Monday, July 29, 2025. He took over from Barrister Oluronke Adeyemi (SAN), marking a significant transition for the state’s prominent private sector body. KWACCIMA functions as

Read More
General

FG Flags Off Light Rail Projects in Northern Nigeria, Begins with Kano and Kaduna

Abuja | July 31, 2025 — The Federal Government has officially commenced plans for the construction of light rail transport systems across northern Nigeria, with initial focus on Kano and Kaduna States. The Minister of Transportation, Senator Saidu Alkali, disclosed this on Wednesday during a press briefing in Abuja, stating that the move is part

Read More