Global Economic Intelligence
Company news, corporate earnings, M&A, and business developments across African markets.
THE National Youth Service Corps (NYSC) was established by Decree No. 24 of 1973 in the aftermath of the Nigerian Civil War as an instrument of national reconciliation and integration. Today, the Scheme derives its legal authority from the National Youth Service Corps Act (Cap. N84, Laws of the Federation of Nigeria, 2004), a statute … Read more
THE Managing Director of the Rural Electrification Agency (REA), Dr Abba Aliyu, has advocated the adoption of mini-grids among Nigerian households and businesses to halt the estimated $14 billion annually spent on self-generation. He pointed out that mini-grids are no longer just household rural electrification projects, but a highly viable commercial model for electricity delivery … Read more
THE Nigeria Revenue Service (NRS) has reaffirmed its dedication to fostering voluntary tax compliance, exactly one year after the rollout of Nigeria’s comprehensive tax reform initiatives. In an earlier statement marking the anniversary, the NRS described taxpayer education as a critical pillar in sustaining the gains recorded since the reforms began. The landmark overhaul, which … Read more
By Steven Okon TANTITA Security Services Nigeria Ltd’s (TSSNL’s) operations in safeguarding national infrastructure, especially oil pipelines, are strategic for the Niger Delta region and national economy. Tantita’s operations ensured the security of oil pipelines, uninterrupted flow of petroleum resources, and migration of Nigeria from a position of constant revenue loss management to stability, planning, … Read more
NIGERIA’S Value Added Tax (VAT) collections recorded robust growth in the first quarter of 2026, reaching ₦2.42 trillion, with the manufacturing sector maintaining its position as the largest contributor, accounting for 29.75 percent of total receipts, according to data released by the National Bureau of Statistics (NBS). The sector also posted a healthy 12.82 percent … Read more
The National Chairman of the African Democratic Congress (ADC), Senator David Mark, has advised graduating students to place integrity above money and quick success, saying “wealth acquired without honour is fleeting.” Senator Mark gave the advice on Sunday at the 2026 Graduation, Speech and Prize-Giving Ceremony of Pace Setters College, Abuja, where he was the … Read more
Iran’s Revolutionary Guards on Sunday announced the indefinite closure of the Strait of Hormuz after firing warning shots at a commercial vessel they accused of using an unauthorised shipping route, escalating tensions in one of the world’s most strategic maritime corridors. The announcement, carried by Iran’s state news agency IRNA, comes amid heightened hostilities between … Read more
Former Minister of Science and Technology, Chief Uche Nnaji and Prince Adeniyi Adeyemi, the Director-General (DG) of a “non-existent” Presidential Foreign Intervention Promotion Council (PFIPC), are to be arraigned before a Federal High Court sitting in Abuja, Monday and Tuesday, respectively. While the former minister will be arraigned by the Independent Corrupt Practices and other … Read more
Former Deputy Governor of Kano State and governorship candidate of the New Democratic Congress (NDC), Comrade Aminu Abdussalam Gwarzo, has The post Gov Yusuf never handed over Kano affairs during official trips — Gwarzo appeared first on Tribune Online . Source: nigerian-tribune Country: Nigeria
The Electoral Committee of the Nigerian Bar Association (ECNBA) has insisted that the NBA’s national officers’ election will The post NBA election holds July 18 as Egbe Amofin backs AGF’s intervention appeared first on Tribune Online . Source: nigerian-tribune Country: Nigeria
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