Friday, January 30

Business

New tax law boosts disposable income of workers– Oyedele

The Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele, says the new Nigeria Tax Act 2025, which restructured the Pay-As-You-Earn tax for employees, boosted the disposable income of middle- to low-income earners in the country. Oyedele…

Ogun community raises concerns over oil exploration site

Community leaders and stakeholders from the Ipokia Local Government Area of Ogun State have queried Governor Dapo Abiodun over what they described as conflicting narratives surrounding the approved location for oil exploration in the state, particularly the status of Tongeji…

Customs transfers N36.5m expired raw materials to NAFDAC

The Nigeria Customs Service, Kirikiri Lighter Terminal Command, has handed over a 20-foot container carrying 440 bags of expired raw materials with a duty paid value of N36.5m to the National Agency for Food and Drug Administration and Control. This…

NCDMB empowers 250 youths with solar, vocational skills

The Nigerian Content Development and Monitoring Board, in collaboration with Jake Riley Academy, has trained 250 youths in Lagos in solar installation and other high-demand vocational skills as part of efforts to promote self-reliance and job creation. The beneficiaries graduated…

Gold Almost Adds Bitcoin’s Market Cap in a Day

Bitcoin traded down on Wednesday as gold rallied 4.4% over 24 hours, adding a massive $1.65 trillion to its market cap in a single day. Gold breached $5,500, bringing it to a new all-time high, while its total market cap rose…

NUPRC tops revenue agencies with record N8.5tn remittance

The Nigerian Upstream Petroleum Regulatory Commission has opened 50 oil and gas blocks across five sedimentary basins for bidding and exploration in the 2025 licensing round, warning that only technically competent and financially strong firms will be allowed to scale…

Liquidity Will Decide BTC’s Next Rally: Glassnode

Bitcoin price breakouts fail to hold due to insufficient bid-side liquidity. Glassnode analysis identifies the key metrics that are likely to mark the next phase of BTC price expansion.Bitcoin (BTC) bulls managed to prevent a price drop into the $80,700…

NIWA sustains private sector collaboration to boost efficiency

The National Inland Waterways Authority said it is sustaining collaboration with the private sector to enhance efficiency and expand service delivery. According Wednesday’s statement, the Acting Managing Director of NIWA, Yusuf Girei, disclosed this in Abuja when the Permanent Secretary…

MegaETH Mainnet Launch Locked in For Feb. 9

Ethereum layer 2 MegaETH has penciled its mainnet launch for Feb. 9 after a rigorous “global stress test” last week to ensure the high‑speed chain is ready for public use.“Get ready for the fastest* EVM chain ever,” MegaETH co-founder and…

Sahara Group supports UNILAG research with ,000 grant

Sahara Group has reinforced its push for sustainable development and human capital growth in Africa with the award of a total of $36,000 under its Making A Difference Grant initiative to three academics of the University of Lagos. The beneficiaries,…

Nigerian shipowners seek improved funding to compete globally

The Shipowners Association of Nigeria has stated that with improved access to funding through the Cabotage Vessel Financing Fund, Nigerian operators will be better equipped to compete more effectively with foreign operators. The President of SOAN, Sunny Eja, stated this…

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