The Securities and Exchange Commission has issued a stern warning to the public regarding the operations of Property World Africa Network, also known as PWAN MAX, which has been soliciting funds from unsuspecting investors under the guise of a real estate investment company. The SEC has clarified that PWAN/PWAN MAX is not registered with the […] More
In a thought-provoking commentary, Reno Omokri, a former presidential aide and prominent public figure, has drawn attention to the nation’s spending habits, calling them a significant barrier to Nigeria’s economic growth. Omokri, in his reflection, cited data from The Economist Magazine, highlighting Nigeria’s annual imports, which include 3,600 tonnes of human hair, half a million […] More
The Federal Government of Nigeria has partnered with the United Nations to launch a significant $159 million initiative aimed at addressing the escalating food and nutrition crisis in the northeastern states of Borno, Adamawa, and Yobe. The announcement was made during the unveiling of a comprehensive multi-sector plan to address food security, nutrition challenges, and […] More
Spokesperson for Osun Governor Olawale Rasheed, on Monday, said the All Progressives Congress in the state should perish the thought that President Bola Tinubu would help it to win the 2026 governorship poll in the state. Rasheed was reacting to an assertion credited to the immediate past Speaker of the House of Assembly, Timothy Owoeye, […] More
Following the killing of hunters on a routine patrol in Duguri and Gwana Districts, the Governor of Bauchi State, Bala Mohammed has launched a probe. The Governor assured that his office would be working closely with the security agencies to bring justice to the victims. It was gathered that the hunters were on patrol near […] More
President Bola Tinubu has approved a significant infrastructure development plan, allocating N787.14 billion and $651.7 million for multiple road projects across 13 Nigerian states. The announcement followed the Federal Executive Council (FEC) meeting on Monday, where several road contracts, revisions, and new projects were approved nationwide. Briefing journalists after the meeting, Minister of Works Dave […] More
President Bola Tinubu has announced a ban on the importation of foreign goods that can be produced locally in Nigeria. The new directive, revealed after Monday’s Federal Executive Council meeting at the Presidential Villa, aims to protect and promote Nigerian industries. Minister of Information and National Orientation, Mohammed Idris, said the policy, called the Renewed […] More
Former presidential candidate, Atiku Abubakar has said the arrest and continued detention of social media influencer and outspoken critic, Mr. Martins Vincent Otse, widely known as VeryDarkMan (VDM), by the Economic and Financial Crimes Commission (EFCC) is yet another blatant abuse of power by the Tinubu administration, which has made political repression a hallmark of […] More
The Nigeria Education Loan Fund (NELFUND) has raised concerns over the low number of student loan applications from Nigeria’s South-East and South-South regions, urging stakeholders to drive awareness and participation in the scheme. Speaking during the inauguration of a three-day engagement and technical workshop in Abuja on Monday, Iyal Mustapha, NELFUND’s Executive Director of Operations, […] More
The Nigerian Postal Service has announced a set of ambitious changes designed to transform the institution into a modern entity focused on innovation and digital advancement. In a statement issued on Monday by Franklin Alao, the Director of Corporate Communications, NIPOST announced that the ongoing reforms, themed “Change of Renewed Hope Berths at NIPOST Shores,” […] More
The Federal Ministry of Finance has firmly denied allegations that it awarded contracts worth N13 billion between February and June 2024 without following due process. The denial follows an online report by Akelicious, which claimed that the Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, alongside the Ministry’s Permanent Secretary, Mrs. […] More
Moving ahead, priority will be given to Nigerian industries in all procurement activities. In cases where local supply is insufficient, contracts will be designed to enhance local capacity. Contractors will stop acting as middlemen in acquiring foreign products while domestic factories remain unused. President Tinubu orders: 1. To the Bureau of Public Procurement (BPP): Immediately […] More