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The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) has said the hike on the price of petrol could lead to higher transportation costs, exacerbate inflation and severely impact small and medium-sized businesses. Mr Dele Oye, National President, NACCIMA, made this known in a statement on Wednesday …

To increase access to sustainable finance in Nigeria, Canada’s Development Finance Institution, FinDev Canada, provides a loan of up to US$ 40 million to Stanbic IBTC. This loan to Stanbic IBTC, a member of Standard Bank Group, Africa’s largest bank by assets, paves the way to a long-term partnership in the …

In a significant initiative to combat tuberculosis (TB) in Lagos State, First Lady, Dr. Ibijoke Sanwo-Olu inaugurated Local Government TB Champions and Ambassadors, the Lagos State TB Steering Committee, and the Lagos STOP TB Partnership. The event took place on Tuesday, October 8, 2024, at the First Lady’s Banquet Hall, …

The Borno State Police Command on Tuesday said it has trained school principals and teachers on emergency response through the use of the Police VGS Application. A statement by the state Police Public Relations Officer, ASP Nahum Daso, noted that the exercise was meant to equip the teachers with the …

Attorney-Generals across the United States have filed lawsuits on Tuesday against Social media platform, TikTok, alleging that the platform has become an addiction to young people, harming their mental health in the process. The suit cited various elements of the platform including its endlessly scrolling feed of content, TikTok “challenge” …

The Minister of the Federal Capital Territory, Nyesom Wike, has accused Rivers State Governor, Siminalayi Fubara, of defying a court judgment. Wike made this statement during an interview on Channels Television’s Politics Today on Tuesday. He claimed that disregarding court rulings could lead to chaos and the breakdown of law …

The Akwa Ibom State Independent Electoral Commission (AKISIEC) has insisted that the All Progressives Congress (APC) won Senate President, Godswill Akpabio’s local government, Essien Udim, in Saturday’s election. The election has been a subject of controversy which has embarrassed the State Governor, Umo Eno, who’s of the Peoples Democratic Party. …

The Lagos State Government has stated that the recent Federal High Court judgment, which restricts the Directorate of Road Traffic Services—also known as the Vehicle Inspection Office (VIO)—from stopping, impounding, or confiscating vehicles, and imposing fines on motorists, is not applicable in Lagos. Last Wednesday, Justice Evelyn Maha issued a …

Music executive Samklef has called out controversial social critic, Verydarkman (VDM), urging him to apply the same scrutiny to Grammy-winning artiste Burna Boy as he does to other celebrities. This follows reports that rapper Speed Darlington was allegedly arrested at the command of Burna Boy. In a Twitter post, Samklef …

Nigerian Exchange Group Plc (NGX Group) has lauded the German Government and its development finance institution, Deutsche Investitions- und Entwicklungsgesellschaft (DEG), a subsidiary of KfW Bank, for their commitment to advancing impact investing in Nigeria. This comes as NGX Group looks to strengthen partnerships aimed at fostering sustainable development, with …