Abdulsamad Rabiu, Chairman of BUA Group, one of Nigeria’s largest conglomerates, recently reflected on this dramatic shift in the country’s foreign exchange landscape, submitting that the new ways are better and easier for entrepreneurs. “Every two weeks, we would go to Abuja to seek allocations. It was exhausting and inefficient… Today, I […]
An elite group of Nigerian Army Special Operations Forces (SOF) operators has successfully eliminated Abu Fatima, a high-profile terrorist leader with a whopping 100 million naira bounty on his head. The operation, which was carried out in the early hours of yesterday, has sent shockwaves through the terrorist network and is being hailed […]
In a significant ruling, a three-judge panel led by Justice Biobele Abraham Georgewill has overturned a decision by a lower court in Kano, which had invalidated the composition of the Kano State Independent Electoral Commission (KASIEC) and a local government election held on October 26, 2024. The appellate court determined that the Federal High […]
The Ondo State Government has come under fire for approving a staggering N8.168 billion for the construction of 32 units of four-bedroom terrace residential buildings for cabinet members, with each unit costing a whopping N281 million. The project, awarded to Cosgrave Investment Ltd., an Abuja-based construction firm, is expected to take 18 months to […]
The Nigerian Education Loan Fund (NELFUND) has achieved remarkable strides in its nationwide deployment of student loans, distributing N56.85 billion to 298,124 scholars across 198 educational institutions. As per the status report, the fund has allocated N30.17 billion directly to institutions for tuition fees and N26.67 billion to students for maintenance allowances. […]
A high-stakes legal battle is unfolding in Abuja, where SunTrust Bank’s Managing Director, Halima Buba, and Executive Director, Innocent Mbagwu, are embroiled in a $12 million financial scandal. The Economic and Financial Crimes Commission (EFCC) has accused the duo of conspiring to launder millions of dollars through complex transactions, in alleged contravention of Nigeria’s […]
The Lagos State Government is poised to initiate construction on the Omi Eko water transport venture this June. The €410 million ($464 million) undertaking aspires to mitigate the city’s persistent traffic congestion by developing inland waterways. This project is anticipated to augment urban mobility, invigorate economic activity, and foster environmental sustainability. Project […]
The Independent National Electoral Commission (INEC) has announced the dates for the upcoming governorship elections in Ekiti and Osun states. According to the commission, the Ekiti state governorship election will hold on Saturday, July 20, 2026, while the Osun state governorship election will take place on Saturday, August 8, 2026. This announcement was […]
The quick commerce and food delivery sector in Nigeria is witnessing an exhilarating expansion, propelled by prominent platforms such as Glovo and Chowdeck. Recent statistics reveal that Glovo has generated over N71 billion in revenue for its Nigerian partners since its inception in 2021. This remarkable figure was unveiled at the Future of Commerce […]
The Lagos State Command of the Nigeria Immigration Service has transferred a high-profile crime suspect, Obi Levi Obieze, also known as Levi Obu Onyeka, to the Lagos State Police Command for further interrogation. This move was disclosed by CSP Benjamin Hundeyin, the Lagos Police Public Relations Officer, via a social media platform. Obieze’s arrest […]
