By Ayomide Otitoju Rite Foods Limited, through its BIGI Carbonated Soft Drinks and Fearless Energy Drink brands, has partnered with Soundcity OnTour to take music, entertainment and talent discovery to 20 tertiary institutions across Nigeria. The 2026 campus tour has completed activations at 14 institutions, with six more campuses scheduled as the nationwide programme continues…
By Ayomide Otitoju The NBS said the July figure represented a 0.48 percentage-point decrease from the previous month. On a month-on-month basis, headline inflation stood at 1.57 per cent in July, down from 1.66 per cent in June. The bureau said the decline indicated that the average price level increased at a slower rate in…
By Ayomide Otitoju The Tegbe Foundation has concluded its #JTstrikesDiamond Empowerment Initiative, providing financial support to 60 small businesses and social enterprises across Oyo State. The initiative, which was largely targeted at youth-led enterprises, saw each beneficiary receive grants ranging from ₦100,000 to ₦500,000. The foundation held a closing ceremony in Ibadan to mark the…
By Ayomide Otitoju The Nigerian National Petroleum Company Limited (NNPC Ltd.) and the Extractive Industries Transparency Initiative (EITI) have pledged to strengthen cooperation on transparency, deeper disclosures and compliance with global EITI standards. The commitment followed a recent visit by EITI Africa Country Director, Gilbert Makore, to the NNPC Towers as part of the ongoing…
By Ayomide Otitoju The proposed 1.5 per cent stamp duty on virtual asset transactions in Nigeria has sparked debate over whether the levy will make cryptocurrency transactions more expensive and push users towards alternative channels. However, Bidemi Oke, a crypto industry professional, argues that the bigger concern is not simply the size of the levy…
By Ayomide Otitoju The Federal Government has introduced a Federal-State-Private Sector partnership model to transform Nigeria’s livestock sector through the establishment of species-specific Livestock Development Centres across the country. The Minister of Livestock Development, Idi Maiha, announced the initiative at a ministerial press briefing, describing the centres as a key component of the livestock transformation…
By Ayomide Otitoju The Nigeria Customs Service (NCS), Apapa Area Command, has recorded a monthly revenue collection of ₦323 billion in July 2026, its highest-ever monthly revenue performance. The Customs Area Controller, Comptroller Emmanuel Oshoba, disclosed the figure during the Command’s monthly meeting with Deputy Comptrollers of Terminals and Unit Heads on Tuesday, August 11,…
By Ayomide Otitoju MTN Nigeria has hosted the Chargé d’Affaires of the Canadian High Commission in Nigeria, David Sproule, and his delegation at its headquarters in Ikoyi, Lagos, for discussions on potential areas of collaboration. The engagement focused on opportunities in technology, investment, innovation and skills development, as well as partnerships aimed at supporting economic…
By Ayomide Otitoju Women entrepreneurs participating in the MTN Foundation’s Y’ellopreneur 3.0 programme have showcased their businesses and growth plans after completing six weeks of intensive training at the Enterprise Development Centre of Pan-Atlantic University. The participants, drawn from across Nigeria, pitched their businesses, presented their growth strategies and highlighted the progress they had made…
