Wike vs Fubara: The Bitter Rift That’s Shaking Rivers Politics – What Led to the War?
In recent times, the political landscape of Rivers State, Nigeria, has been dramatically altered by an escalating feud that seems to be tearing apart the political establishment: the Wike/Fubara conflict. What started as a political alliance has now evolved into a bitter rivalry, pitting two powerful figures against each other and leaving the people of Rivers State wondering what went wrong.
NECA’s Bold Stance Against Soaring FRC Levies: A Threat to Private Sector Growth or a Necessary Reform?
In recent times, Nigeria’s private sector has faced increasing pressure from various sources, with regulatory changes and rising costs threatening to strangle the growth of businesses across the country. One of the most contentious issues in the current business landscape is the Financial Reporting Council (FRC) levy—a fee that private firms are required to pay for the privilege of ensuring compliance with financial reporting standards.
Empowering Nigerian Women: Maritime Group Launches Groundbreaking Digital Cooperative Society
In an era defined by rapid technological advancements and social change, the traditional barriers preventing Nigerian women from fully participating in the nation’s economic and business sectors are being steadily dismantled. The latest milestone in this ongoing effort is the launch of a pioneering digital cooperative society by the Nigerian Maritime Women Association (NMWA), specifically aimed at empowering women in the maritime sector
Nigeria’s Inflation Rate Drops to a Seven-Month Low – Legal and Economic Implications for Businesses and Consumers
In the ever-evolving economic landscape of Nigeria, where inflation has been a major concern for businesses and households alike, a significant shift has recently emerged. The National Bureau of Statistics (NBS) revealed a remarkable drop in the country’s inflation rate to 24.48% in January 2025, down from the 34.80% recorded in December 2024.
DStv Subscription Fee Hike: MultiChoice’s 21% Increase and the Legal and Economic Ramifications
As Nigeria faces an ongoing economic climate of high inflation and reduced purchasing power, MultiChoice, the operator behind DStv, has raised its subscription fees by 21%.
Airtel’s Latest Move: What the Data and Call Rate Hike Means for Nigerians
The recent announcement by Airtel Nigeria to hike its data and call rates has stirred quite a storm of reactions across the country. With the ever-growing reliance on mobile services for communication, business, and social interaction, this move has left many Nigerians questioning how this will impact their daily lives and, indeed, their wallets.
Imported Inflation: A Rising Storm for Price Stability in Nigeria – Insights from MPC Member
In the complex web of global economics, one issue is casting a long shadow over Nigeria’s economic outlook – imported inflation. For a country already grappling with high inflation rates, this external economic pressure adds a new layer of complexity to the government’s efforts to stabilize the economy.
The Crucial Mandate: Oil Firms Face Export Permit Risks Unless Local Refineries Are Supplied
The Nigerian oil sector, one of the country’s most vital economic pillars, is currently facing a pivotal challenge that could reshape the dynamics between oil firms and local refineries. The National Upstream Petroleum Regulatory Commission (NUPRC) has recently issued a stern warning to oil companies operating in the country: supply the nation’s refineries with a sufficient amount of crude oil, or face the revocation of their export permits. This move is indicative of the regulatory body’s commitment to ensuring that Nigeria’s refining capacity is revived, a crucial step toward reducing the nation’s over-reliance on fuel imports.
Securing Trust in Nigeria’s Banking System: NDIC Partners with ICAN to Boost Deposit Insurance Awareness
In a groundbreaking development for Nigeria’s financial landscape, the Nigeria Deposit Insurance Corporation (NDIC) has endorsed a new deposit insurance module as part of the Institute of Chartered Accountants of Nigeria (ICAN) curriculum.
Plateau Taskforce Foils Child Trafficking Plot: Two Children Rescued, Suspect Arrested
In a significant development that has once again highlighted the ongoing issue of human trafficking in Nigeria, the Plateau State Taskforce on Human Trafficking recently intercepted two children who were being trafficked from northern Nigeria to Lagos. The authorities managed to apprehend a suspect believed to be involved in the illegal transportation of these children, raising important questions about the complex nature of human trafficking and the measures being taken to address this growing concern.
