Ghana introduces visa-free travel for African countries

In a landmark decision aimed at fostering continental unity and economic integration, Ghana has launched a visa-free travel policy for all African passport holders. According to the AFP, the announcement was made by President Nana Akufo-Addo during his final State of the Nation Address to Parliament on Friday, ahead of his departure from office on…

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222 died in road accidents 2024 – Oyo FRSC

The Federal Road Safety Corps, Oyo Sector Command, reported a total of 222 fatalities from road traffic crashes across the state in 2024. This data was shared in Ibadan during the command’s end-of-year review, as detailed in a statement signed by Sector Commander, Mrs. Rosemary Alo. According to Mrs. Alo, the number of deaths in…

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Tax reform policy ‘pro-workers’ says Oyedele to NLC

The chairman of the presidential committee on fiscal policy and tax reforms, Taiwo Oyedele, has described the proposed tax bills as “the most pro-workers” reforms in Nigeria’s history. Oyedele was responding to concerns raised by the Nigeria Labour Congress on citizens’ welfare and poor stakeholders’ involvement in the development of the tax reforms. The NLC,…

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Naira drops to N1,541.36/$ on New Year’s trading

On the first day of trading in the New Year, the Nigerian naira depreciated to N1,541.36/$, marking a 0.36% decline from the 2024 closing rate of N1,535.82/$. Some authorised dealers quoted the dollar at N1,545/$, showing an improvement compared to Tuesday’s rate of N1,550/$. Others, however, closed trading on Thursday with the naira at N1,520/$….

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FG to unveil credit guarantee company

The Federal Government has unveiled plans to establish the National Credit Guarantee Company by the end of the second quarter of the year. This initiative, announced by President Bola Tinubu during his New Year address on Wednesday, is set to revolutionise access to credit for individuals and key sectors of the economy. Tinubu emphasised his…

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