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Latest News in Nigeria - Page 34

Fuel Price Hike Looms As Global Crude Nears $80/barrel- Experts Warn

The possibility of a fuel price hike looms as the price of Brent crude oil, the global benchmark, surged to $79.76 per barrel on Sunday. This increase, up from $72.88 in December 2024, has sparked concerns about a potential rise in the

January 13, 2025

Africa·Business·News·Technology

African Countries With Highest Tech Funding

Africa continues to solidify its position as a hub for tech innovation, drawing significant investments. Despite this, recent reports highlight a shift in the funding landscape, with a 25% decline in venture funding from $2.9 billion in 2023 to $2.2 billion in

January 13, 2025

why the nigerian tax reform bills must be passed

Business·FEATURES·News

Why Tax Reform Bills Must Be Passed – Experts

The current debates surrounding Nigeria’s tax reform bills have sparked discussions across the political and business spectrum. However, at the heart of these discussions lies a crucial issue – the need to modernize Nigeria’s tax administration system. In 2024, the Nigerian government

January 13, 2025

7 Irregularities To Look Out For In 2025 Budget

Business·News

Seven Irregularities To Look Out For In 2025 Budget

BudgIT, a civic-tech organisation promoting transparency in Nigeria, has identified several critical issues in the 2025 Federal Government Proposed Budget. They call on the National Assembly to address these irregularities and ensure the budget aligns with Nigeria’s economic goals. From unrealistic inflation

January 13, 2025

2025 Budget: BudgIT Raises Concern Over Non-Funding For Lagos-Calabar Coastal Highway, 60 Agencies

News·Politics

BudgIT Worries Over Lack Of Funding For Lagos-Calabar Coastal Highway, 60 Agencies

Nigeria’s civic-tech organisation, BudgIT, has voiced concerns about irregularities in the 2025 Budget. The organisation noted that funding for the Lagos-Calabar Coastal Highway, a critical infrastructure project, is missing in the budget. Nancy Odimegwu, BudgIT’s Communications Associate, said, “The 2025 budget notably

January 12, 2025

SERAP sues Tinubu, govs over cybercrime law abuse

News

SERAP Sues Federal Govt, Governors Over Cybercrimes Act

The Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against President Bola Tinubu’s administration and Nigeria’s 36 state governors. The case, brought before the ECOWAS Community Court of Justice in Abuja, challenges the alleged misuse of the Cybercrimes (Amendment) Act

January 12, 2025

Breaking: Tinubu Declares State Of Emergency In River State, Suspends Fubara, Deputy For 6 Months

News·Politics

Tinubu Approves Ban On Homosexuality, Tattoo, Cross-Dressing, Others In Military

Nigeria’s military has implemented strict new regulations prohibiting homosexuality, lesbianism, bestiality, cross-dressing, and other activities deemed unethical, following President Bola Tinubu’s recent approval. Ban on Homosexuality and Cross-Dressing The revised Harmonised Armed Forces Terms and Conditions of Service, signed by President Bola

January 12, 2025

Business·News·Oil & Gas

NNPCL Diverted N2.68tn, $9.77m, Ignored Probes – Report

The Nigerian National Petroleum Company Limited (NNPCL) has been accused by the Auditor-General of diverting N2.68 trillion and $9.77 million over four years. According to the Auditor-General’s reports from 2017 to 2021, these funds were not properly accounted for, violating the Constitution

January 12, 2025

What Will Happen To TikTok App On Your Phone After A Potential Ban?

News·Technology·World News

TikTok App Potential Ban: What Will Happen To Your Phone?

With the possibility of a TikTok ban looming, millions of users are asking: “What will happen to TikTok on my phone?” As the situation unfolds, experts are shedding light on the potential impacts, offering insights into how the app may function after

January 12, 2025

NBS To Add Drug Trafficking, Prostitution To Nigeria's GDP Calculation

Business·News

Why NBS Will Add Drug Trafficking, Prostitution To Calculate Nigeria’s GDP

The National Bureau of Statistics (NBS) has announced a groundbreaking change in Nigeria’s GDP calculation. For the first time, illegal activities such as drug trafficking and prostitution will be included. This move aims to align Nigeria’s economic metrics with global standards, offering

January 11, 2025

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Latest News in Nigeria - Page 34

Fuel Price Hike Looms As Global Crude Nears $80/barrel- Experts Warn

African Countries With Highest Tech Funding

Why Tax Reform Bills Must Be Passed – Experts

Seven Irregularities To Look Out For In 2025 Budget

BudgIT Worries Over Lack Of Funding For Lagos-Calabar Coastal Highway, 60 Agencies

SERAP Sues Federal Govt, Governors Over Cybercrimes Act

Tinubu Approves Ban On Homosexuality, Tattoo, Cross-Dressing, Others In Military

NNPCL Diverted N2.68tn, $9.77m, Ignored Probes – Report

TikTok App Potential Ban: What Will Happen To Your Phone?

Why NBS Will Add Drug Trafficking, Prostitution To Calculate Nigeria’s GDP

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