Tag: Economic Development

Wasted: The Untold Story of Nigeria’s Ajaokuta Steel Fiasco

Business Damilola Bayonle -
Nigeria’s Rusty Affair with Ajaokuta Steel Leaves Billions Wasted Nigeria has spent N46.62 billion on the Ajaokuta Steel Company over...

India surpasses Japan: Powerful economic warning for Nigeria’s future

Business Damilola Bayonle -
The announcement that India surpasses Japan to emerge as the world’s fourth-largest economy has reverberated across global economic circles,...

NEPZA reaffirms 10-Year strike ban in free trade zones

Business Damilola Bayonle -
The Nigeria Export Processing Zones Authority (NEPZA) has reiterated that no industrial strike action or lockout is permitted within...

Nominations Open for 2026 IsDB Prize for Impactful Achievement in Islamic Economics

Business Damilola Bayonle -
JEDDAH, Saudi Arabia, September 24, 2025 — The Islamic Development Bank Institute (IsDBI) has officially opened nominations for the...

Nigeria Loses $577.6m as FG Waives Road Tax Credit for NNPCL

News Damilola Bayonle -
The Federal Government has forgone a staggering $577.6 million in tax revenue under the Road Infrastructure Tax Credit Scheme...

Anambra Governor Soludo Advocate for Rail Network

News Damilola Bayonle -
Anambra State Governor, Chukwuma Soludo, has emphasized the need for the South East Development Commission (SEDC) to prioritize its...