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FG Removes VAT on Diesel and Cooking Gas to Boost Energy Sector 

Adetutu A, The Insights 3 October 2024
Finance Minister, Olawale Edun The Federal Government has announced new tax relief measures to encourage investment in Nigeria’s oil and gas sector. As part of this initiative, the government has stopped charging Value Added Tax (VAT) on key energy products such as diesel, cooking gas

Zenith Bank Apologizes for Service Disruptions, Confirms Restoration 

Adetutu A, The Insights 3 October 2024
Zenith Bank has apologized to its customers for the recent disruption in services due to an information technology (IT) upgrade. The bank announced the completion of the upgrade, assuring customers that services have been fully restored.  Service Disruption Frustrates Customers  The bank had earlier informed customers about scheduled maintenance from September 29 to

Hackathons in October 2024: Opportunities for Nigerian Innovators 

Adetutu A, The Insights 2 October 2024
This October, several exciting hackathons are taking place in Nigeria, offering young tech enthusiasts, innovators, and professionals the opportunity to showcase their talents. These competitions not only help participants develop practical skills but also connect them with industry leaders, potential employers, and investors. If you are passionate about technology and

Okonjo-Iweala Praises Nigerians’ Entrepreneurial Spirit Amid Challenges 

Adetutu A, The Insights 1 October 2024
As Nigeria marks its 64th Independence Anniversary, the Director-General of the World Trade Organization (WTO), Ngozi Okonjo-Iweala, has commended Nigerians for their resilience and entrepreneurial drive, despite the hardships facing the country.  Celebrating Nigeria’s Resilience  In a post on X.com (formerly Twitter) on Tuesday, Okonjo-Iweala highlighted the strength

Entrepreneurs Encouraged to Embrace Business Growth Models 

Adetutu A, The Insights 1 October 2024
Dr. Oluremi Olukoya, a business leader, has highlighted the importance of adopting the Business Growth Modulation (BGM) Model for micro, small, and medium-sized enterprises (MSMEs) to grow and succeed.  Business Growth Modulation Model for MSMEs  Speaking at the Success Circle Africa conference in Lagos, themed ‘Innovation and Collaboration as Catalysts for Growth in

FG Begins Electricity Subsidy for Public Hospitals 

Adetutu A, The Insights 30 September 2024
Doctors At Work The Federal Government of Nigeria has started providing electricity subsidies for public hospitals across the country. This move is part of efforts to reduce the cost of operations for hospitals and lessen the financial burden on patients.  50% Subsidy for Public Hospitals  In August, the government approved a 50% subsidy on electricity […]

Government’s Poverty Alleviation Programs: Bringing Hope to Nigerians 

Adetutu A, The Insights 30 September 2024
Small Scale Business Owners The Federal Government of Nigeria has launched several poverty alleviation programs to support low-income families and reduce unemployment. These programs are part of a broader effort to improve the quality of life for Nigerians, especially in tough economic times.  National Social Investment Program (NSIP)  The National Social Investment

Ondo State Partners with NGO to Train 168 Healthcare Providers on Birth Control 

Adetutu A, The Insights 28 September 2024
Governor Lucky Aiyedatiwa of Ondo State. The Ondo State Ministry of Health, in partnership with the international non-governmental organization, Jhpiego, has successfully trained 168 healthcare workers in the use of Hormonal Intrauterine Devices (H-IUDs) for birth control. This initiative is part of a broader project aimed at expanding access to long-term contraceptive
A fleet of Innoson CNG buses ready for delivery to the Nigerian government for mass transportation.

Innoson Begins Delivery of CNG Buses to Nigerian Government

Adetutu A, The Insights 28 September 2024
Innoson Vehicle Manufacturing has delivered 25% of the 100 CNG-powered buses ordered by the Nigerian government to promote affordable, locally produced transportation. This initiative, led by President Tinubu, aims to reduce the impact of fuel subsidy removal while boosting local manufacturing and promoting eco-friendly transportation solutions. Innoson Delivers First

NAFDAC Boss Warns Against Fake and Counterfeit Drugs 

Adetutu A, The Insights 27 September 2024
Nafdac DG, Prof. Mojisola Adeyeye The Director General of the National Agency for Food and Drugs Administration and Control (NAFDAC), Prof. Mojisola Adeyeye, has raised an alarm about the high level of fake, substandard, and counterfeit drugs circulating in Nigeria. Speaking at a sensitisation programme in Ibadan, Oyo State, she expressed deep concern over the […]
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