The Federal Government has extended an open invitation to global investors, encouraging them to tap into Nigeria’s growing economic potential and positioning the nation as a strategic entry point into Africa’s next wave of development and innovation. Speaking at the 2025 Milken Institute Global Conference in New York, the Minister of State for Finance, Dr….
The Central Bank of Nigeria (CBN) has once again raised alarm over the continued spread of fraudulent offers falsely linked to the Bank, including fake contracts, loans, grants, and intervention funds. In a statement released on Monday by the Acting Director of Corporate Communications, Mrs. Hakama Sidi Ali, the CBN warned that, despite a public…
The Federal High Court in Abuja has adjourned proceedings to Tuesday, May 13, for the substantive hearing of a contempt case filed by Senate President Godswill Akpabio against suspended Senator Natasha Akpoti-Uduaghan, who represents Kogi Central. Justice Binta Nyako postponed the matter after the second and third defendants informed the court of an application highlighting…
The Federal Government of Nigeria has fully redeemed its first-ever Sovereign Sukuk, a ₦100 billion issuance from 2017, marking a major milestone in its commitment to responsible and transparent debt management. The announcement was made during an Investor Meeting in Abuja on Monday, coinciding with the launch of a new ₦300 billion Series VII Sukuk….
The Federal Government of Nigeria is initiating a major reform of the electricity distribution sector by piloting a restructuring of two poorly performing electricity distribution companies (DisCos)—one in the North and another in the South—between May and August 2025. This follows a detailed assessment of persistent challenges such as governance lapses, poor infrastructure, and commercial…
The Dangote Petrochemicals Refinery has implemented a N10 rebate on the ex-depot price of Premium Motor Spirit (PMS), effectively reducing the cost for marketers from the official rate of N835 per litre to N825 per litre. According to Punch, industry sources revealed on Monday that although marketers continue to pay the listed price of N835…
The Joint Admissions and Matriculation Board (JAMB) has launched an immediate review of the 2025 UTME following numerous complaints of technical issues, incomplete questions, and unusually low scores. In a statement by its Public Communication Advisor, Fabian Benjamin, JAMB acknowledged an “unusual volume of complaints” since the UTME results were released last Friday. The Board…
The Peoples Democratic Party (PDP) has established a committee led by former Senate President Bukola Saraki to address the concerns of dissatisfied members in preparation for its upcoming National Executive Committee (NEC) meeting. This announcement came after a meeting held on Sunday night at the Abuja residence of the PDP Governors’ Forum Chairman and Bauchi…
The Academic Staff Union of Universities (ASUU) has elected Professor Chris Piwuna, a consultant psychiatrist and Dean of Student Affairs at the University of Jos, as its new national president. Professor Piwuna takes over from Professor Victor Osodeke, a soil science expert from Michael Okpara University of Agriculture, Umudike, Abia State, who had led the…
Two dispatch riders lost their lives in a fatal crash involving two heavily loaded Mack trucks on the Eko Bridge in Lagos on Sunday. According to Adebayo Taofiq, Director of the Public Affairs and Enlightenment Department at the Lagos State Traffic Management Authority (LASTMA), preliminary investigations revealed that one of the truck drivers, allegedly speeding…
