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Rhoda Onuzulike

Business

Fx Crisis: PZ Cussons Nigeria Begin Plans to Sell

Multinational consumer goods company, PZ Cussons, says it has commenced plans to sell its African subsidiaries to any interested buyer. The parent company of PZ...

Rhoda Onuzulike -

Business

Nigeria’s Second Quarter Nominal GDP Hits N60.93tn

The Federal Government has announced that Nigeria’s nominal Gross Domestic Product reached N60.93tn in the second quarter of 2024, reflecting a significant improvements in...

Rhoda Onuzulike -

Business

Rail Transport Generated N1.69bn in Q2– NBS

The Nigerian rail system generated N1.69bn in revenue from passengers in the second quarter of 2024, reflecting a 53.14 per cent increase compared to...

Rhoda Onuzulike -

Business

CBN Eyes N50bn On Cybercrime Levy in 2024

The Central Bank of Nigeria is projected to generate approximately N50bn by the end of 2024 from the newly introduced 0.005 per cent cybersecurity...

Rhoda Onuzulike -

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FG Allocates ₦45.2 Billion in 2025 Budget for Prison Upgrades

The Federal Government has proposed a budget of ₦45.2 billion for the improvement of Nigerian correctional facilities and the welfare of inmates in 2025. A significant portion of this budget—₦38 billion—is allocated to feeding inmates across custodial centers. Additionally, ₦7.2 billion has been set aside for upgrading correctional...

New Police Commissioners Appointed for Ondo, Ekiti, Rivers

The Police Service Commission (PSC) has announced the appointment and redeployment of six Commissioners of Police to various state commands across Nigeria. This follows the recent promotions in the Nigeria Police Force approved by the commission last week. In a statement released on Tuesday by the PSC spokesperson,...

LPDC Rejects Petition to Disbar Dele Farotimi

The Legal Practitioners Disciplinary Committee (LPDC) has dismissed the request from Chief Afe Babalola’s (SAN) law firm, Emmanuel Chambers, to revoke the practicing license of lawyer and author Tomilola Farotimi, also known as Dele Farotimi. The petition, which accused Farotimi of criminal defamation and professional misconduct, was...