Author: Ifetayo Adeniyi

Manny Ita  – U.S. President Donald Trump publicly singled out Nigeria’s First Lady, Senator Oluremi Tinubu, for commendation during the 74th annual National Prayer Breakfast held on Thursday, February 5, 2026, at the Washington Hilton. Addressing a global audience of political leaders, diplomats, and clergy, Trump interrupted his keynote speech to recognize the First Lady, describing her as a “very respected woman” and a “respected figure” on the world stage. The U.S. President specifically drew attention to her dual role as a political leader and a Christian pastor in one of Nigeria’s largest denominations, the Redeemed Christian Church of God…

Manny Ita  – Financial analysts and tax consultants have issued a series of urgent recommendations for small business owners and individual taxpayers following the full implementation of the Nigeria Tax Act 2025 on January 1, 2026. While the legislative reforms—including the Nigeria Tax Administration Act—aim to simplify the fiscal system and broaden the tax base, widespread confusion persists regarding the new thresholds for “small company” status, which are now widely reported to be between ₦50 million and ₦100 million in annual turnover. Financial educator Kalu Aja has warned that while the reforms offer significant reliefs, including exemptions from Companies Income…

Manny Ita  – ​The Standards Organisation of Nigeria (SON) has come under intense fire from the Iron Rod and Steel Dealers Employers Union of Nigeria (IRSDEUN), which has accused the regulatory body of systemic failure and complicity in the proliferation of substandard building materials. In a sternly worded statement issued this week, the Union’s National President, Chief Gbenga Awoyale, alleged that some manufacturers are operating a “dual production” system, where high-quality iron rods are manufactured specifically for export to neighboring West African countries, while dangerous, “discounted” materials are flooded into the Nigerian domestic market. Awoyale characterized this practice as exposing…

2026 Gateway International Fair: Dangote Champions Its Vision 2030 By Elegbede Abiodun Aiming to be one of the top 100 businesses in the world. In line with its vision 2030 plan, the Pan-African Conglomerate, Dangote Industries Limited (DIL) will be leading other local and international exhibitors to the 15th 2026 gateway International Trade Fair themed “Promoting Business through Partnership.” DIL, which is partnering with the Ogun State Chamber of Commerce and Industry, Mines and Agriculture (OGUNCCIMA) as a lead sponsor of the Fair said it was ready for meaningful business partnership with governments at all levels, their agencies and…

‘Money can’t buy happiness,’ ~ Elon Musk Tesla chief executive officer Elon Musk has raised a global conversation on wealth and wellbeing after declaring that money does not guarantee happiness. Musk made the comment on Thursday via X, formerly Twitter. “Whoever said ‘money can’t buy happiness’ really knew what they were talking about,” the billionaire wrote. The post quickly went viral, garnering more than 52.1 million views, about 57,000 reposts and over 363,000 likes, alongside thousands of comments at the time of filing this report. The statement drew mixed reactions, with users debating the true value of wealth. While…

NCC, NDPC agree on data privacy enforcement, sign MoU By Elegbede Abiodun … calls agreement a critical step toward stronger digital ecosystem. The Nigerian Communications Commission and the Nigeria Data Protection Commission have signed a memorandum of understanding to deepen cooperation on data privacy and protection enforcement in the telecommunications sector, as regulators intensify efforts to safeguard Nigerians’ personal information in a rapidly digitising economy. The MoU was signed on Thursday at the NCC headquarters in Abuja, with officials from both agencies describing the agreement as a critical step toward stronger, coordinated regulation of data controllers and processors operating…

Lagos presents cooking oil kiosks to unlock $20m biofuel market Ajayi and other dignitaries at the unveiling The Lagos State Government, through the Ministry of the Environment and Water Resources and the Lagos State Environmental Protection Agency, has unveiled household used cooking oil collection kiosks across the state as part of efforts to boost environmental protection, public health, and climate action, while unlocking a minimum $20m biofuel market. The initiative, implemented in partnership with Ororo Waste Management and supported by the Shell Foundation, was unveiled on Thursday at an event attended by government officials, private sector partners, environmental experts, and…

Dangote Refinery Supports Gantry Loading, Warns Against Costly Coastal Evacuation Elegbede Abiodun Dangote Petroleum Refinery has reassured of its commitment to supplying high quality petroleum products at competitive and affordable prices, urging marketers and policymakers to prioritise logistics choices that support price stability and consumer welfare. The refinery said its position is anchored on sustained investments in critical infrastructure, including a world class gantry facility with 91 loading bays capable of loading up to 2,900 tankers daily. Operating on a 24-hour basis, the facility can evacuate over 50 million litres of Premium Motor Spirit PMS, 14 million litres of…

NNPC Ltd Seeks Partnership For World-Class Operations For Refinery Revival ~ Ojulari The Group Chief Executive Officer of NNPC Ltd, Engr. Bashir Bayo Ojulari, has disclosed that the company is engaging partners with proven expertise in refining and petrochemical operations to deliver sustainable, self-financing, and profitable solutions for Nigeria’s refineries. Ojulari made this known while responding to questions during a fireside chat themed “Securing Nigeria’s Energy Future at NIES 2026” at the ongoing Nigeria International Energy Summit (NIES) 2026 in Abuja on Wednesday. According to him, past efforts at revamping the nation’s refineries were largely driven by a focus…

Political office holders ready for new remuneration ~ RMAFC By Elegbede Abiodun The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC), had said on Thursday that it has finalised work on a new remuneration for political office others in the country which it has submitted to the President through the Office of the Secretary to the Government of the Federation. Chairman of the Commission, Mohammed Bello Shehu who disclosed this at a budget defence of the agency before the House Committee on Finance said the new proposal which is for Ministers and political office holders will soon be forwarded to…