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Category: Business

Delta State Signs Historic Deal with REA to Unlock Renewable Energy Investments

By George Ozalla The Delta State Government and the Rural Electrification Agency (REA) have signed a Memorandum of Understanding (MoU) yesterday in Abuja during a state-by-state roundtable on power investment to unlock renewable energy investments opportunities, to will drive industrial growth and inclusive access across the state. This partnership is expected to deliver electricity to […]

“Odogwu Enefe, the 23-Year-Old Nigerian Founder Taking on Facebook with Lokats”

By George Ozalla In a bold move, 23-year-old Nigerian entrepreneur Odogwu Ekene Enefe has launched Lokats, a new social media platform designed to facilitate meaningful reconnections. With a unique focus on memory-based interactions and robust privacy features, Lokats aims to differentiate itself from existing platforms. Enefe, a software engineering graduate from Nile University of Nigeria, […]

Advertising Practitioners’ Association Urges Compliance with Regulations Ahead of Rivers State Elections

By George Ozalla The Advertising Practitioners’ Association Port Harcourt chapter (APAPHC) led by its Chairman, Dr. Dike Bekwele Fnipr, Fnimn, Rpa has called on political parties to comply with advertising regulations and laws during the upcoming August 30th council elections in Rivers State. In an interview with journalists in Port Harcourt, Chairman Dr. Dike Bekwele […]

CEO Smart Eagle Security Service Reaffirms Commitment to a Safer Southeast

By George Ozalla Arising from a will power concept to strengthen security across Anambra and the entire Southeast, Smart Eagle Security Service has reiterated its readiness to deliver top-notch, professional security services aimed at protecting lives, property, and businesses. Speaking at a press briefing held today in Onitsha, the Chief Executive Officer of the outfit, […]

Nigeria, Benin Republic Agree on Trade Framework to Deepen Regional Integration

By George Ozalla The Federal Republic of Nigeria and the Republic of Benin have agreed on a joint trade framework aimed at eliminating trade bottlenecks, facilitating economic development, and creating new opportunities across both countries. The agreement was reached at a high-level meeting held at the Ministère de l’Économie et des Finances in Cotonou, Benin […]

“Nigeria’s $18 Billion Annual Loss to IFFs: A Threat to Economic Development”

By George Ozalla At the just concluded 2025 Conference on Illicit Financial Flows (IFFs), it is revealed that Nigeria loses a staggering $18 billion annually to illicit financial flows (IFFs), an ugly trend that has severe consequences for the country’s economic development, worsening poverty and undermining governance. Experts have raised concerns about the significant revenue […]

”We’ve Lost Billions to Illicit Financial Flows”. -Brig Gen Faransa Rtd.

By George Ozalla The Federal Inland Revenue Service (FIRS) has successfully organized a two-day 2025 conference on Illicit Financial Flows (IFFs) at the prestigious Transcorp Hilton Hotel in Abuja. The conference which ended Wednesday, brought together experts, various stakeholders, heads of other government agencies, and state chairmen of boards of internal revenues to discuss the […]

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