The Federal Government has removed the 5 per cent excise duty on telecommunication services, a decision expected to provide financial relief to millions of Nigerians. According to Dr. Aminu Maida, the Executive Vice Chairman of the Nigerian Communications Commission (NCC), President Bola Tinubu ordered the tax to be scrapped as part of discussions on the Finance Act. The tax, which was introduced in 2022 to increase non-oil revenue, had been heavily criticized by telecom operators. They argued that they were already burdened by numerous taxes and rising operational costs, forcing them to pass the new tax directly onto consumers. The…
Author: Elvis Eromosele
The National Business and Technical Examinations Board (NABTEB) has released the results for the 2025 June/July National Business and Technical Certificates (NBC/NTC) exams, reporting a significant improvement in student performance, especially in Mathematics. According to Dr. Mohammed Mohammed, NABTEB Registrar, a total of 85,805 students were graded in Mathematics, with an impressive 94.60 per cent passing, a notable increase from the 91.39 per cent pass rate in 2024. However, the pass rate for the English Language saw a slight decline. The registrar also noted a reduction in cases of examination malpractice compared to the previous year. He urged Nigerians to…
The National Business and Technical Examinations Board (NABTEB) has released the results for the 2025 June/July National Business and Technical Certificates (NBC/NTC) exams, reporting a significant improvement in student performance, especially in Mathematics. According to Dr. Mohammed Mohammed, NABTEB Registrar, a total of 85,805 students were graded in Mathematics, with an impressive 94.60 per cent passing, a notable increase from the 91.39 pass rate in 2024. However, the pass rate for the English Language saw a slight decline. The registrar also noted a reduction in cases of examination malpractice compared to the previous year. He urged Nigerians to focus on…
The West African Examinations Council (WAEC) has extended the registration deadline for the 2025 Computer-Based West African Senior School Certificate Examination (CB-WASSCE) for private candidates. The new deadline is now Friday, September 19, 2025. In a statement on its official X (formerly Twitter) account, WAEC encouraged all prospective candidates to take advantage of the extended window. This exam marks WAEC’s full transition to a computer-based format, a move aimed at modernizing the assessment process and improving its integrity. This shift follows the hybrid model tested in 2024, and the exam body plans to fully adopt computer-based testing for all its…
FirstBank has officially introduced its FirstMonie Merchant Solution, a new platform designed to help Nigerian businesses easily accept digital payments. The solution aims to simplify financial transactions by offering an easy online registration process and advanced features for merchants. The platform provides a range of tools, including instant settlement, flexible pricing, and real-time monitoring of transactions. It also comes with pre-configured POS terminals, improving efficiency and operational control for businesses. Chuma Ezirim, a Group Executive at FirstBank, stated that the solution will transform digital payments in Nigeria and empower businesses of all sizes to thrive in the digital economy. Both…
Dr Obiageli ‘Oby’ Ezekwesili, Founder, School of Politics, Policy and Governance has charged the Senate to recall Senator Natasha Akpoti-Uduaghan (PDP, Logo Central) without delay and cease its scandalous misappropriation of public office powers to break laws and breach Nigeria’s Constitution. In a statement she personally signed, the country’s two-time minister urged Nigerians to unify their voices and take a collective stand against the continuing constitutional assault, which, according to her, has been ongoing for six months. The statement tagged ‘Senate’s Constitutional Overreach in the Case of Senator Natasha Akpoti-Uduaghan’ followed the expiration of Akpoti-Uduaghan’s six months suspension by the…
By Elvis Eromosele In Nigeria’s bustling foodscape, where grills sizzle, pots bubble, and aromatic bukas feed millions daily, a quiet revolution is taking place. It isn’t happening in luxury restaurants or fancy hotels, but in open-air canteens, roadside food stalls, and home kitchens run by small food vendors who are the lifeline of the nation’s foodservice industry. At the heart of this revolution is Nestlé Nigeria. The firm’s Business of Food workshop series is equipping culinary entrepreneurs with the skills to turn passion into profit while making it possible for Nigerians to have meals that are safe, nutritious, and affordable.…
International gospel artist Sinach is scheduled to host a three-day livestream concert titled “Times of Refreshing with Sinach” from September 11 to 13, 2025. The event will run from 11 p.m. to 1 a.m. each night and will be streamed on SINACHTV/YouTube. Sinach, who has been in the music ministry for over three decades, said the concert is intended to be a life-changing experience for attendees. The event comes as the minister wraps up a global tour and follows the recent nomination of her album “Victory Sounds” for Album of the Year at the 2025 GMA Dove Awards.
A new report from the Sea Empowerment and Research Center (SEREC) reveals that Nigeria may have lost up to N509 billion in trade and customs revenue between 2015 and 2021 due to the arrest of vessels for maritime crimes. The Nigerian Navy arrested 333 vessels during this period, but SEREC argues that without more detailed information on these seizures, it’s impossible to know the full extent of the economic damage. According to SEREC, a lack of transparency makes it difficult to quantify losses. The group used three scenarios to estimate the potential cost, with the high-impact scenario, involving large vessels…
…Says banks raised N2.5tn new capital in H1 2025 Nigeria’s rebased Gross Domestic Product needs 21.95 per cent growth at N1,500 per dollar exchange rate to achieve $1tn economy target by 2031, Afrinvest West Africa Limited has predicted. In its 20th Nigeria Banking Sector Report 2025 entitled ‘ACT-BOLD: Beyond a Trillion Dollar Economy’ released in Lagos, Afrinvest explained that at rebased GDP nominal size of N372.8tn, Nigeria requires a minimum yearly growth rate of 21.9 per cent to attain $1tn economy valuation by 2031. At the event, which marked Afrinvest’s 30 years of operations, an exchange rate of N1,500/$1 or a much…