Lagos, Oct. 7, 2026 – UN Tourism, the global apex body for tourism, has agreed to partner the newly-established Eko Tourism Foundation (ETF) towards the realization of the Foundation’s objectives. At a meeting held in Lagos on Sunday between UN Tourism and ETF, the UN agency agreed to collaborate with the Foundation to establish a Tourism Academy in Lagos and to jointly promote Lagos as Africa’s premier tourism hub. The Foundation, which is registered with the Corporate Affairs Commission and backed by the 137-year-old Lagos Chamber of Commerce and …
Digital economy can contribute 21% to Nigeria’s GDP – minister
Abuja, Aug. 29, 2025 – Nigeria’s digital economy can contribute up to 21% of the country’s Gross Domestic Product (GDP) by 2030 with the enactment of the National Digital and E-Governance Bill. The digital economy currently contributes between 16 to 18 per cent of the country’s GDP. Bosun Tijani, the Minister of Communications, Innovation and Digital Economy, said this on Thursday at the National Digital Economy and e-Governance Bill Nationwide Engagement in Abuja. He described the bill as a defining step towards shaping a resilient and inclusive digital economy “Today …
Trump has spent about one-third of his presidency visiting his own properties
By – Dan Alexander Where does the president go when he travels? Usually to the places where the Trump Organization makes money. Washington, Aug. 1, 2025 – Stationed in Scotland for the last several days, Donald Trump camped out in the sorts of destinations he likes best—his own businesses. He examined Trump Turnberry’s grounds alongside the U.S. ambassador, touted its ballroom in front of the European Commission’s president and, on Tuesday morning, unveiled a second golf course at his property in Aberdeenshire with his sons Eric and Don Jr. No modern …
Transcorp Group grows revenue by N279.7bn, profit before tax to N85.7bn in first half of 2025
…Announces N4.064bn interim dividend to shareholders Lagos, July 28, 2025 – Transnational Corporation Plc, Nigeria’s leading listed conglomerate, has announced its first half of 2025 unaudited results, showing impressive year-on-year growth for the period ended June 30, 2025. Transcorp Group’s H1 2025 revenue grew by 59% from N175.4 billion in 2024 to N279.7 billion, while profit before tax grew by 21%, to close at N85.7 billion compared to N70.9 billion recorded in H1 2024. Despite continuing economic headwinds, Nigeria’s bellwether stock, with a portfolio that spans power, resources and …
Gender Bias: Expert calls for recognition of women’s achievements in engineering
Oyo, June 1, 2025 – Prof. Tinuade Jolaade Afolabi, a female Professor of Chemical Engineering, has called for public recognition of the numerous achievements of women engineers. She said such recognition would help to address gender biases and stereotypes that often hinder advancement of women engineers. Afolabi, of the Department of Chemical Engineering at Ladoke Akintola University of Technology, Ogbomoso in Oyo State, made the call in Oyo during the inauguration of Dr Iretioluwa Mojisola Oyerinde as the Pioneer Chairman of Oyo Chapter, Association of Professional Women Engineers of Nigeria (APWEN). …
Trump orders 100% tariff on foreign-made movies
Washington, May 5, 2025 – U.S. President Donald Trump on Sunday announced a 100% tariff on movies produced outside the country, saying the American movie industry was dying a “very fast death” due to the incentives that other countries were offering to lure filmmakers. “This is a concerted effort by other Nations and, therefore, a National Security threat. It is, in addition to everything else, messaging and propaganda,” Trump said on Truth Social. Trump said he was authorizing the relevant government agencies, such as the Department of Commerce, to immediately …
Telecom operators commit $1bn to improving service delivery – Maida
Abuja, April 30, 2025 – Operators in the telecom sector have committed over $1 billion to the improvement of services in the sector. Dr Aminu Maida, the Executive Vice Chairman of the Nigerian Communications Commission (NCC), disclosed this on Tuesday while speaking at a colloquium organised by the House of Representatives Committee on Communications. He said the $1 billion was being spent by the operators to procure new equipment to enhance telecom infrastructure for improved service delivery. Maid said the NCC and operators were collaborating to build resilient and robust …
House of Reps directs Multichoice to stop planned subscription rate hike
Abuja, March 4, 2025 – The House of Representatives on Tuesday directed Multichoice, operators of DStv and GOtv, to stop its planned subscription rate hike. This followed the adoption of a motion moved by Esosa Iyawe, (APC, Edo), at the plenary. In the motion, Iyawe had argued that the planned subscription hike was the second increase in less than a year as the last increase was in May 2024. He said many subscribers even rose against the last price adjustment due to the current economic situation in the country. Iyawe …
Reps directs MultiChoice to stop planned subscription hike
Abuja, March 4, 2025 – The House of Representatives on Tuesday directed Multichoice, operators of DStv and GOtv, to stop its planned subscription rate hike. This followed the adoption of a motion moved by Esosa Iyawe, (APC, Edo), at the plenary. In the motion, Iyawe had argued that the planned subscription hike was the second increase in less than a year as the last increase was in May 2024. He said many subscribers even rose against the last price adjustment due to the current economic situation in the country. Iyawe …
NCDMB commends SPDC for Nigerian content milestone as mooring buoys are fabricated in Warri
Abuja, Feb. 25, 2025 – The Nigerian Content Development and Monitoring Board (NCDMB) has commended The Shell Petroleum Development Company of Nigeria Limited (SPDC) for the in-country fabrication of two Single Point Mooring (SPM) buoys by Prime Sources Limited (PSL,) an indigenous company based in Warri, Delta State. SPMs are floating facilities used for loading liquids and gas offshore and were first fabricated locally for the Bonga floating, production, storage and offloading (FPSO) vessel of Shell Nigeria Exploration and Production Company Ltd (SNEPCo) in 2006 by Dorman Long Engineering Limited with headquarters in Lagos. SPDC awarded the contract …