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Caterers Protest Exclusion from Gateway Games Contracts

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The BusinessNG

With just a day to the commencement of the much-anticipated Gateway Games 2025, tension flared outside the MKO Abiola Stadium in Abeokuta as dozens of caterers, mostly women, staged a peaceful protest over their alleged exclusion from catering contracts for the event.

- BY KOLAWOLE OLAYINKA, ABEO-KUTA

The caterers, under the aegis of the National Caterers Association of Nigeria, accused the Local Organising Committee (LOC) of sidelining them after months of engagement and assurances. Speaking at the protest ground, National President of the association, Mrs. Francisca Ojo, described the sudden cancellation of their involvement as “a brea

MEER VERHALEN VAN The Business NG

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Tax Reform: How Nigerians' Income May Be Affected in Jan. 2026

Nigerians will soon face a new tax system starting January 1, 2026, aimed at making taxes fairer while encouraging investments and savings.

time to read

1 min

The BusinessNG

The Business NG

'CBN May Cut MPR as Inflation Eases, Naira Stabilizes'

The Central Bank of Nigeria (CBN) is expected to trim its benchmark Monetary Policy Rate (MPR) by 25 to 50 basis points at its 302nd Monetary Policy Committee (MPC) meeting scheduled for September 22-23, 2025, as inflation eases and the naira stabilizes.

time to read

1 min

The BusinessNG

The Business NG

FG Unveils Key Education Reforms Under Tinubu Administration

The presidency has outlined a series of reforms aimed at revitalizing Nigeria's education sector under President Bola Ahmed Tinubu’s administration.

time to read

1 min

The BusinessNG

The Business NG

Calls for State Police Intensify as Reps Seek to Boost Nigeria's Security

The demand for state police in Nigeria has intensified, with the Deputy Speaker of the House of Representatives, Benjamin Kalu, describing it as a critical solution to the country's escalating insecurity challenges.

time to read

1 min

The BusinessNG

The Business NG

Nigerian Stocks Outpace Inflation with 38% Gain

Nigeria's stock market has continued its impressive rally in 2025, delivering real positive returns for investors as inflation eases.

time to read

1 min

The BusinessNG

The Business NG

Banks Push Back as AMCON Levy Hits N847bn

Calls Grow to Scrap AMCON After 15 Years

time to read

1 min

The BusinessNG

The Business NG

Nigerians Dismiss FG's N330bn Cash Transfer Claim

The Federal Government's claim that it disbursed 330 billion in cash transfers to poor and vulnerable households has sparked widespread disbelief, with many Nigerians dismissing the announcement as fraudulent and lacking transparency.

time to read

1 min

The BusinessNG

The Business NG

Pension Savings for Informal Workers Surge to N1.46bn

Nigeria's informal workers are increasingly securing their financial future, with retirement savings under the Personal Pension Plan (PPP) climbing by 765 percent in just four years, according to the Pension Fund Operators Association of Nigeria (PenOp).

time to read

1 min

The BusinessNG

The Business NG

Ibas Bows Out, Says Peace Is Rivers' Gain

Retired Vice Admiral Ibok-Ete Ibas, who served as Sole Administrator of Rivers State for six months, says his administration succeeded in restoring peace and stability in the state despite operating under extraordinary conditions.

time to read

1 min

The BusinessNG

The Business NG

Banks Must Approve MDs Six Months Ahead – CBN Orders

The Central Bank of Nigeria (CBN) has directed Domestic Systemically Important Banks (DSIBs) to secure regulatory approval for their Managing Director/Chief Executive Officer (MD/CEO) successors at least six months before the incumbent’s tenure ends, as part of efforts to strengthen corporate governance and ensure stability in the financial system.

time to read

1 min

The BusinessNG

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