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Oyedele eyes early enactment of tax reforms bill

The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, expects the Nigeria Tax Reform Bill to be enacted into law by the end of the first quarter of 2025. Oyedele, speaking virtually on Thursday at the Lagos Chamber of Commerce and Industry’s 2025 Economic Review and Outlook Conference, predicted that...
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Coca-Cola rewards consumers with N70m

Coca-Cola has unveiled its Coke Studio ‘Beat the Drop’ campaign, rewarding consumers with prizes worth N70m, including all-expenses-paid trips to South Africa. The campaign, launched in December 2024, has awarded four winners with South Africa trips and 20 participants with N1m each, according to a statement. Senior Director of Frontline Marketing at Coca-Cola Nigeria, Yusuf...
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LCCI slams FG over delayed implementation

The Lagos Chamber of Commerce and Industry has criticised the Federal Government for its delay in implementing the duty-free food importation policy, particularly following the arrival of a 32,000-tonne shipment of brown rice from Thailand in Lagos. The rice, imported through logistics firm DUCAT, was intended to mitigate the escalating food inflation, which dropped to...
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20,000 military personnel to get CREDICORP loan

The Nigerian Consumer Credit Corporation has partnered with Fewchore Finance to provide consumer credit to personnel of the armed forces, with 20,000 armed forces personnel benefitting in its first phase. The programme is in commemoration of the Armed Forces Remembrance Day, according to a statement on Thursday. The statement added the fund – kicking off...
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Govt will modernise free zones operations

The Federal Government has announced plans to overhaul and modernise the operations of free trade zones in the country by tightening regulations to combat widespread misuse and corruption that has affected its contribution to national growth. The Minister for Industry, Trade and Investment, Jumoke Oduwole, said the revamp is necessary because a lot of companies...
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FG plans to raise N1.8tn from bond market Q1

The Federal Government is planning to raise N1.8tn from the bond market in the first quarter of 2025, according to the Debt Management Office. The proposed issuances, detailed in the newly released FGN Bond Issuance Calendar, include a mix of re-opened and new bonds spread across three monthly auctions slated for January, February, and March...
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W’Bank projects 3.5% GDP growth for Nigeria in 2025

The World Bank has forecasted that Nigeria’s economy will grow by 3.5 per cent in 2025 and rise slightly to 3.7 per cent in 2026. This projection, contained in the latest Global Economic Prospects report, reflects a modest recovery for the nation amidst persistent economic challenges and global uncertainties. According to the report, Nigeria’s economic...
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Creating vision board to ignite your dreams

Think of your vision board as a visual blueprint for your future by carefully selecting images, affirmations, and symbols that reflect your goals to create a tangible reminder of where you’re headed. JOSEPHINE OGUNDEJI writes As the clock struck midnight on December 31, 2024, Adebanjo Adeyemi sat alone in his modest apartment, overwhelmed by uncertainties...
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I apologise for saying no heaven without tithe – Adeboye

The General Overseer of the Redeemed Christian Church of God, Pastor Enoch Adeboye, has apologised for saying that Christians who don’t pay tithe might not make it to heaven. Adeboye who had previously said that paying tithe was one of the prerequisites for going to heaven, apologised for the comment while addressing his congregation Thursday...

Protesters storm Rivers electoral commission, insist election must hold

Angry protesters on Friday stormed the office of the Rivers State Independent Electoral Commission, singing and chanting ‘Election must hold’. They defied the heavy rainfall spreading canopies, while singing and drumming, with one side of the road blocked. The protest came after the Rivers State governor stormed the RSIEC in the early hours of Friday...

Man who asked Tinubu to resign admitted in psychiatric hospital

The Adamawa State Police Command has disclosed that the 30-year-old Abdullahi Mohammed who climbed a 33 kv high tension electricity pole in Mayo-Belwa last Friday has been admitted at the Yola Psychiatric hospital for mental examination. The Police Public Relations Officer of the command SP Suleiman Nguroje, told Arewa PUNCH on Friday in an exclusive...