Senator Solomon Adeola, Chairman of the Senate Committee on Finance In a welcome development for many Nigerians, the federal government has implemented a tax reform that exempts individuals earning ₦800,000 or less annually from paying personal income tax. This policy is part of broader
Aare Afe Babalola (SAN) A Call to Go Back to the Land Aare Afe Babalola (SAN), respected legal luminary and founder of Afe Babalola University (ABUAD), has called on Nigerians and all levels of government to return to agriculture as a way out of poverty, hunger, and unemployment. He made this appeal during a visit […]
Aliko Dangote Today, April 10th, marks the birthday of Aliko Dangote, Africa’s richest man and one of Nigeria’s most influential business icons. Born in 1957 in Kano State, Dangote has not only built an empire from scratch but also proven that with vision, persistence, and discipline, anything is possible. As we celebrate his 68th birthday, […]
Reduction in petrol prices by Dangote Refinery – insightsng This article explores the recent reduction in petrol prices by Dangote Refinery, emphasizing the role of market forces, the importance of local production, and lessons for Nigerians in building sustainable businesses and reducing reliance on imports. The Role of Market Dynamics The recent reduction in the
Sukuk and other Islamic finance instruments – ARDnig The Federal Government has raised N1.1 trillion through Sukuk to finance 124 road projects, impacting over 5,820 kilometers across Nigeria. The success of Islamic finance extends to mutual funds, Shariah-compliant stocks, and real estate investments. With government backing and fintech innovations, Nigerians have
Katsina State Governor, Mallam Dikko Umar Radda – ARDnig The Katsina State Government has introduced a ₦5 billion initiative to empower women entrepreneurs and boost the economy. The program, which offers ₦30,000 grants to 7,000 women, focuses on supporting verified small businesses. Collaborative efforts and the ministry’s dedication ensure the initiative’s
Graduate unemployment in Nigeria is a growing issue caused by poor infrastructure, collapsing industries, and insecurity. The government must support SMEs, privatize failing facilities, and improve security to create jobs and empower youth. The Growing Problem of Graduate Unemployment Unemployment among Nigerian graduates is increasing, leaving many unable to find
In a bid to strengthen the Nigerian economy, the government and private sector are expanding programs that provide small business grants and loans to entrepreneurs. These initiatives aim to empower small and medium-sized enterprises (SMEs), create jobs, and stimulate local economic growth. Government-Backed Grant Programs The Nigerian government, through the Bank of
The World Bank has stepped up its support for Nigeria with a new financing initiative aimed at driving inclusive growth and diversifying the country’s revenue sources. This move is crucial for improving the economic situation, creating jobs, and reducing poverty across Nigeria. Focus on Inclusive Growth One of the key goals of this new financing […]
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