19 h. ago Nigeria to save $400bn annually by abolishing war risk insurance – NIMASA

The Nigerian Maritime Administration and Safety Agency says Nigeria paid over $1.5 billion in war risk insurance premiums to international insurers in the past three years. In a statement on Friday, NIMASA’s head of public relations, Osagie Edward, said the impact of WRI premiums on the economy is staggering. War risk insurance covers losses and Read More

Politics

27 h. ago Ecobank, AFC, Soto Gallery boost art industry’s economic impact

Soto Gallery, in partnership with Ecobank Nigeria and Africa Finance Corporation (AFC), has strengthened the art industry’s economic impact through read more Ecobank, AFC, Soto Gallery boost art industry’s economic impact

Politics

51 h. ago Trump’s 25% car tariffs threaten U.S, Japan economic relations

Japan’s government warned Thursday of a “significant impact” on its economic ties with the United States and on global trade, after President Donald Trump announced import tariffs on cars. Tokyo is one of Washington’s closest economic and strategic allies, with its firms the biggest investors in the United States and one in 10 Japanese jobs Read More

Politics

4 d. ago Govt aid to farmers vital for food security, economic growth –Ojone Farms CEO

By Ogechi Ogbochukwu The need to unlock the full potential of  the agricultural sector in sustainable food production as well as impact economic growth has been highlighted by a stakeholder in the sector. The Chief Executive Officer of Ojone Farms, Mr. Ojone Shaibu, a Lagos-based hatchery farmer, made this known in a recent chat with […] The post Govt aid to farmers vital for food security, economic growth –Ojone Farms CEO appeared first on The Sun Nigeria.

Society

2 w. ago Telecom tariff hike: NANS paralyses activities at MTN office in Ibadan

Tribune Online Telecom tariff hike: NANS paralyses activities at MTN office in Ibadan   BUSINESS activities at the Ibadan branch of MTN Nigeria were paralysed on Wednesday by a protest staged by the National Association of Nigerian Students (NANS). The News Agency of Nigeria (NAN) reported that the students’ body, under the Joint Campus Committee (JCC) in Oyo State, carried placards with inscriptions protesting the hike in telecommunication […] Telecom tariff hike: NANS paralyses activities at MTN office in Ibadan Tribune Online

Politics

2 w. ago Reps suspend implementation of CBN’s new ATM withdrawal charges

Tribune Online Reps suspend implementation of CBN’s new ATM withdrawal charges "The House is disturbed that the citizens of Nigeria are already grappling with multiple economic hardships, including high inflation, increased fuel prices, electricity tariff hike, and numerous banking and service charges that significantly reduce disposable income and negatively impact the economic welfare of citizens. Reps suspend implementation of CBN’s new ATM withdrawal charges Tribune Online

Politics

2 w. ago Stakeholders decry CMA CGM’s tariff hike, warn of dire economic impact

Stakeholders in the maritime and trade sector have expressed alarm over the sharp increase in local shipping charges by French read more Stakeholders decry CMA CGM’s tariff hike, warn of dire economic impact

Events

3 w. ago Planned Electricity Tariff Hike Will Worsen Energy Poverty, RDI Warns

The Renevlyn Development Initiative (RDI) has condemned the Nigerian Electricity Regulatory Commission’s (NERC) plan to migrate lower-band electricity consumers to Band A, calling it an act of insensitivity that forces Nigerians to bear the failures of the 2013 power sector privatisation. RDI warns that the proposed tariff hike will deepen energy poverty in the country, […]

Events

3 w. ago Tariff Hike To Open Up Eastern Ports, Aid Repair Of Critical Infrastructure – Stakeholders

Marítime stakeholders have said that increasing ports tariff by 15 per cent will buoy the Authority’s capacity for critical maintenance works that will open up the Eastern Ports for increased vessel and cargo traffic. It could be recalled that the Nigerian Ports Authority (NPA) had in February proposed an increment in port tariff by 15 […]

Politics

3 w. ago NLC mobilises affiliates against fresh electricity tariff hike

Urges government to remain faithful to 35% telecom tariff Hints on plans to rebrand Labour Party, merge with others The read more NLC mobilises affiliates against fresh electricity tariff hike

Politics

3 w. ago Telecom tariff hike shoveled, call charges now back as it was — Ajaero

Tribune Online Telecom tariff hike shoveled, call charges now back as it was — Ajaero According to him, the NLC held a meeting with telecommunications service providers in the country, where issues relating to the planned tariffs were discussed. Telecom tariff hike shoveled, call charges now back as it was — Ajaero Tribune Online

Politics

4 w. ago Afreximbank’s documentary series, ‘Impact stories’ spotlights Africa’s growth, economic potential

Afreximbank has launched its new documentary series titled – Impact stories, which aims to showcase the development impact of the read more Afreximbank’s documentary series, ‘Impact stories’ spotlights Africa’s growth, economic potential

Politics

4 w. ago Labour Union Calls Off Protest As Telecom Tariff Hike Reduces To 35%

The Nigeria Labour Congress (NLC) has suspended its planned protest scheduled for March 1, 2025, following a compromise with the Federal Government to reduce the proposed 50 per cent telecom tariff hike to 35 per cent. The agreement was reached after negotiations between the NLC and the government, resulting in the formation of a 10-member […] The post Labour Union Calls Off Protest As Telecom Tariff Hike Reduces To 35% appeared first on Information Nigeria.

Politics

4 w. ago Tariff Hike A Move To Prevent Telecom Companies From Going Under – Minister

Nigeria’s Minister of Communications, Innovation, and Digital Economy, Bosun Tijani, has revealed that the recent 50% tariff increase for telecommunications services saved the industry from collapse. Tijani’s statement came after a meeting with President Bola Tinubu and a delegation from Airtel, led by its founder and chairman, Sunil Mittal, on Thursday. The Minister emphasised that […] The post Tariff Hike A Move To Prevent Telecom Companies From Going Under – Minister appeared first on Information Nigeria.

Politics

4 w. ago Tariff hike: Nigeria risks companies shutting down, job loss if –FG

•Airtel: Inflation, devaluation forced hike, plans over $500m investment From Juliana Taiwo-Obalonye, Abuja The Federal Government has again defended the decision to approve a tariff increase for telecommunications services, emphasising that it was a necessary measure to prevent widespread job losses and potential companies closures. Speaking after leading a delegation from Airtel, led by its […] The post Tariff hike: Nigeria risks companies shutting down, job loss if –FG appeared first on The Sun Nigeria.

Politics

4 w. ago FEC approves 7000 new telecom towers, Airtel plans $500m investments

…Says inflation, devaluation forced tariff hike The Federal Executive Council FEC has approved the construction of new 7000 towers in read more FEC approves 7000 new telecom towers, Airtel plans $500m investments

Politics

4 w. ago Airtel Plans $500m Investment In Nigeria As Telco Chair Meets Tinubu, Defends Tariff Hike

A delegation from Airtel, led by its founder and chairman, Sunil Bharti Mittal, met with President Bola Tinubu at the State House in Abuja on Thursday to discuss the company’s ongoing investments in Nigeria and the recent tariff hike in the telecommunications sector. Speaking to State House correspondents after the meeting with President Tinubu, Mittal […]

Politics