News

The Chartered Institute of Stockbrokers (CIS) held a Special Induction Ceremony at the Institute’s Secretariat in Lagos to formally admit two distinguished professionals into the prestigious community of Chartered Stockbrokers. The inductees, Mr. Abayomi Samson Oluyomi, Honourable Commissioner for Finance, Lagos State, and Mr. Oluwole Adelaja Adeniyi, Managing Director, Stanbic …

*As one governor, one minister, 21 organisations set to receives WorldStage Economic Summit Awards For Outstanding Economic Impacts in 2025 The Executive Chairman of the Economic and Financial Crimes Commission (EFCC), Mr.  Ola Olukoyede has confirmed his participation in the WorldStage Economic Summit 2025 which will hold this Friday, November 21, 2025 at The Event Centre, …

BY BLAISE UDUNZE The Central Bank of Nigeria’s decision to take full control of government securities issuance has been described by some as a bold move toward transparency and market efficiency. Yet, beneath the surface of this reform lies a web of structural dangers that could tighten credit even further, …

BY BLAISE UDUNZE In a welcome display of policy sensitivity and economic rationality, the Federal Government has suspended the planned 15 percent ad-valorem import duty on petrol and diesel. This move, announced by the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), is more than a technical adjustment, it is …

  BY BLAISE UDUNZE In a welcome display of policy sensitivity and economic rationality, the Federal Government has suspended the planned 15 percent ad-valorem import duty on petrol and diesel. This move, announced by the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), is more than a technical adjustment, it …

Ogun State Chamber of Commerce, Industry, Mines and Agriculture (OGUNCCIMA) has faulted the Federal Government’s decision to suspend the proposed implementation of the 15 percent import duty on Premium Motor Spirit (PMS) and diesel imports, saying the move could slow down the nation’s progress toward energy independence and weaken investor …

The curtains are gradually falling on Globacom’s “Glo Innov8” National STEM competition for girls in senior secondary schools across the country, as three top finalists have emerged for the grand finale slated for the Mike Adenuga Centre (Alliance Française), Ikoyi, Lagos. Twenty schools were shortlisted from over 200 entries received, …

BY BLAISE UDUNZE In today’s Nigeria, one uncomfortable truth has become glaring that the fiscal authority collects, but it does not build. It borrows, but it does not produce. It taxes, but it does not empower. For years, the Nigerian government has pursued fiscal policies more obsessed with revenue than …

  The Enugu Chamber of Commerce, Industry, Mines and Agriculture (ECCIMA) has commended the Federal Government’s decision to impose a 15% tax on imported petrol and diesel, describing it as a bold and strategic move that will stimulate economic growth, encourage local production, and create employment opportunities for Nigeria’s growing …

Tony Elumelu’s AEDC lays-off 800 workers amid epileptic power supply The Abuja Electricity Distribution Company (AEDC), a power distribution firm owned by billionaire businessman, Tony Elumelu, has confirmed the mass layoff of its workers amid persistent power outages across the country.   The Witness had earlier reported that the DisCo …