Nigeria records 54 new suspected MPox cases

According to the agency, the number of confirmed Mpox cases increased, with six new confirmations in Week 39 compared to three the week before. “The cumulative figures for 2024 show that 84 confirmed cases and 1,237 suspected cases have been reported so far this year,” it said. Despite the rise in confirmed cases, it said […]

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Rivers Speaker tells police IG to go after thugs burning LG secretariats

The Speaker, Victor Oko-Jumbo made the call on Monday during the house’s plenary session, while condemning the wanton destruction of government facilities by yet-to-be-identified individuals. He said: “There were pockets of violence, some council secretariats are currently in flames by individuals suspected to be political thugs. ”This is so disheartening, considering that Gov. Siminalayi Fubara had put in so […]

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‘My name was only mentioned’ – Fubara questions Tinubu’s stance on Rivers crisis

During an interview on Channels Television’s Politics Today, Fubara voiced unease about Tinubu’s public appeal, which specifically urged him and Rivers’ political leaders to exercise restraint amid the crisis. “I do not have any issue with [the President’s intervention]. But I am a bit concerned when my name was only mentioned,” Fubara said. Violence erupted in at least four […]

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Hajj fare set to reach ₦10m as NAHCON ends subsidy

The National Hajj Commission of Nigeria (NAHCON) announced that the federal government will not provide a subsidy for the 2025 Hajj, meaning pilgrims will face a significant cost increase.NAHCON’s decision to end the subsidy primarily impacts the Central Bank of Nigeria’s dollar exchange rate, which previously enabled pilgrims to pay a reduced rate.

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Withholding Tax regulations gazetted; to be published today – Oyedele

Taiwo Oyedele, the Chairman of the Presidential Task Force on Fiscal Policy and Tax Reforms Committee, has disclosed that the Withholding Tax Regulations 2024 has been gazetted, and will be published today. Oyedele disclosed this on Tuesday (yesterday) during Channels TV’s Independence Day special event — ‘Nigeria’s Challenging Economy: Strategies For Recovery’.He said: “We have seen some […]

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Stanbic IBTC , MiDA Advisors partner NMRC mortgage refinancing deal

By Peter Egwuatu Stanbic IBTC Capital and MiDA Advisors have joined Nigeria Mortgage Refinance Company (NMRC), in announcing a $228 million blended finance deal for mortgage refinancing in Nigeria. The proceeds will be used to make new loans to eligible primary lending institutions by refinancing or prefinancing qualified mortgage loans to borrowers across Nigeria. According to […]

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LASG, Private operators provide 6 truck parks at LFTZ

By Godwin Oritse IN a move to ensure uninterrupted free flow of traffic in and around the Lekki Port corridor, Lagos government in collaboration with some private investors at the Lekki Port axis have provided six truck parks with capacity to host 3,000 trucks.The was contained in the minutes of a meeting held between stakeholders in […]

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Prudential Insurance acquires 100% stake in PZL

By Rosemary Iwunze Prudential Insurance Group, a global insurance entity, has acquired 100 percent stake in Prudential Zenith Life Insurance Ltd (PZL). It will be recalled that the Group acquired 51 percent shares of the Nigerian life underwriting firm owned by Zenith Bank in 2017.The Prudential Group said increase in ownership of the PZL business was a further […]

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