The Lagos State Government has issued a traffic advisory ahead of the Federal Government’s plan to begin a six-week repair project on the Adeniji Adele Interchange–CMS corridor starting Sunday, October 12, 2025. The repairs, handled by the Federal Ministry of Works, will run daily from 11:00 a.m. to 7:00 p.m. and are scheduled to conclude on November 23, 2025. To minimise disruption on this busy route, the work will be phased: only one lane will be closed at a time, with the remaining lanes open to traffic. Mr. Oluwaseun Osiyemi, Commissioner for Transportation, stated that traffic management officers will be…
Author: Elvis Eromosele
The Nigerian Communications Commission (NCC) has strongly urged state governments and industry stakeholders to align on policies to accelerate broadband expansion, warning that hesitation could severely marginalise Nigeria’s youth and economy. In a speech at a business roundtable on October 8, 2025, Dr. Aminu Maida, NCC Executive Vice Chairman framed connectivity as the new engine of prosperity, essential for everything from closing international business deals to national security. Nigeria’s Broadband Progress and Economic Potential Dr. Maida highlighted the significant economic potential of digital infrastructure: Current Penetration: As of August 2025, Nigeria’s broadband penetration rate stood at roughly 48.81 per cent,…
By Elvis Eromosele The West African Examinations Council (WAEC) has once again stirred public outcry, this time over its newly released subject combinations for the 2026 examination. In what appears to be a hurried and poorly thought-out reform, WAEC has reordered subjects in a manner that defies logic, stifles student choice, and risks undermining years of learning. At first glance, the new structure appears harmless, perhaps an attempt to align subjects more neatly by discipline. But a closer look reveals an alarming lack of coordination. Under the new arrangement, science students can no longer take Economics, a subject that has…
The majority of Nigerians will soon be exempt from paying the Pay As You Earn (PAYE) tax, according to Taiwo Oyedele, Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms. Speaking at the Nigerian Economic Summit (NES31) in Abuja, Oyedele announced that 97 per cent to 98 per cent of the population, roughly nine out of every ten Nigerians, will no longer be required to pay the tax, with the benefits of the new tax laws kicking in by January 2026. The primary goal of the reform is to protect low-income earners. Oyedele stated plainly: “We cannot tax…
The Central Bank of Nigeria (CBN) has significantly increased its oversight of the Point-of-Sale (PoS) agent network, introducing a strict daily transaction cap and mandating detailed monthly reporting from all financial institutions. The twin measures are aimed at improving service quality, boosting financial stability, and aggressively curbing money laundering and fraudulent activities within the ubiquitous agent banking system. Key Immediate Changes Effective immediately, the new guidelines enforce the following core regulations: 1. Daily Transaction Limit: Each PoS agent is now restricted to a maximum cumulative cash-out limit of N1.2 million per day. The CBN also stated that individual customer transactions…
…as Afrinvest opens Enugu office. Governor Peter Mbah of Enugu State has advised Ndigbo to move beyond personality-driven business models towards structured, multi-generational institutions. While officially commissioning the Enugu office of Afrinvest West Africa Limited on Monday, the governor, represented by his deputy, Ifeanyi Ossai, emphasised the need to make businesses endure from one generation to another. The opening ushers in 30 years of experience in investment banking, asset management, and securities trading to the state. The governor stated that the Igbo must embrace structures that would ensure their businesses outlive the founders in order to grow and sustain the…
Governor Peter Mbah of Enugu State has advised Ndigbo to move beyond personality-driven business models towards structured, multi-generational institutions. While officially commissioning the Enugu office of Afrinvest West Africa Limited on Monday, the governor, represented by his deputy, Ifeanyi Ossai, emphasised the need to make businesses endure from one generation to another. The opening ushers in 30 years of experience in investment banking, asset management, and securities trading to the state. The governor stated that the Igbo must embrace structures that would ensure their businesses outlive the founders in order to grow and sustain the economy of the South East region. “We,…
The Joint Admissions and Matriculation Board (JAMB) has made the use of a Microsoft Camera mandatory for all Computer-Based Test (CBT) centres handling candidate registration for the 2026 Unified Tertiary Matriculation Examination (UTME). This strict directive is part of JAMB’s efforts to strengthen identity verification and prevent cheating after the 2025 UTME. A post-mortem of the 2025 exam revealed several instances of fraud, including image blending used to facilitate impersonation. JAMB officials, including the Gombe State Coordinator, Mr. Johnson Adebiyi, have been monitoring centres to ensure they meet the October 1 deadline for full compliance. Any CBT centre that breaches…
Nigeria has introduced a new Livestock Development Policy aimed at transforming its agricultural sector, strengthening food security, and creating jobs. The policy was unveiled by Alhaji Idi Mukhtar Maiha, Minister of Livestock Development, at the Food and Agriculture Organisation (FAO) Global Forum for Animal Feed and Feed Regulators in Rome, Italy. The new framework is a core part of the current administration’s plan to modernize the livestock sector. A central focus is improving animal feed and fodder systems, which the government sees as the backbone of a resilient livestock industry. By enhancing feed quality and supply chains, the policy intends…
The price of cooking gas (LPG) has skyrocketed across major Nigerian cities, with severe scarcity driving the cost in Lagos to between ₦2,500 and ₦3,000 per kilogram (kg). In Lagos, the cost to refill a standard 12.5kg cylinder has jumped to as much as ₦26,000. While prices in Abuja are slightly lower at about ₦20,000 for a 12.5kg cylinder (₦1,600 per kg), residents are struggling with widespread stock-outs at gas plants, leaving limited supply to street vendors at inflated rates. Observers attribute the sudden spike and scarcity to a recent, brief industrial action by the Petroleum and Natural Gas Senior…