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Nigeria Customs Records Historic ₦1.3trn Revenue in Q1 2025

By Ayomide Otitoju The Nigeria Customs Service (NCS) has recorded a historic revenue haul of ₦1.3 trillion in the first quarter of 2025, more than double the ₦600 billion generated during the same period in 2023, marking a significant milestone in Nigeria’s fiscal history. Comptroller-General of Customs, Bashir Adewale Adeniyi, attributed the dramatic increase to…

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NNPCL Shuts Port Harcourt Refinery Amid Fuel Fears

By Ayomide Otitoju The Nigerian National Petroleum Company Limited (NNPCL) has announced the temporary shutdown of the Port Harcourt Refinery in Rivers State to facilitate a month-long maintenance operation, raising concerns about potential fuel shortages and price hikes nationwide. In an official statement released on Saturday by NNPCL’s Chief Corporate Communications Officer, Olufemi Soneye, the…

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LBS Alumni Hosts Fidelity CEO for Women’s Day Chat

By Ayomide Otitoju In celebration of International Women’s Day, the London Business School (LBS) Alumni Community Nigeria hosted a private brunch and fireside chat featuring Dr. Nneka Onyeali-Ikpe, Group Managing Director and CEO of Fidelity Bank Plc. Held in Lagos, the exclusive gathering brought together senior executives from finance, FMCG, and investment sectors for a…

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Akpabio, Bello Witnesses in Akpoti-Uduaghan Defamation Trial

By Ayomide Otitoju Senate President Godswill Akpabio and former Kogi State Governor Yahaya Bello have been named as prosecution witnesses in the Federal Government’s defamation trial against suspended Senator Natasha Akpoti-Uduaghan. The lawmaker representing Kogi Central is being prosecuted at the Federal Capital Territory (FCT) High Court in Abuja over comments she allegedly made during…

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Japan’s Rice Prices Surge 98%, Fueling Economic Woes

By Ayomide Otitoju Japan’s inflation data released Friday revealed a staggering 98% year-on-year rise in rice prices last month, highlighting a growing crisis that is drawing public ire and complicating efforts by Prime Minister Shigeru Ishiba’s government to manage the economy. The sharp increase in rice prices—central to Japanese cuisine and culture—is largely attributed to…

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Hong Kong to Welcome More Students Amid US-Harvard Ban

By Ayomide Otitoju Hong Kong has announced plans to welcome more international students to its universities, particularly those affected by the U.S. government’s recent attempt to block Harvard University from enrolling foreign nationals. The move follows an escalation in tensions between Washington and Beijing, with U.S. President Donald Trump targeting the prestigious Ivy League institution…

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