Economic

Lagos, Nigeria — The Federal Government has announced that tertiary institutions with fewer than 2,000 enrolled students will no longer be eligible for funding from the Tertiary Education Trust Fund (TETFund). This was disclosed by the Minister of Education, Mr. Tunji Alausa, during a one-day strategic engagement with institutional heads, bursars, and procurement officers held […]

Abuja, Nigeria— The World Bank has raised concerns over the Nigerian National Petroleum Company Limited’s (NNPCL) partial remittance of revenue gains following the removal of the Premium Motor Spirit (PMS) subsidy. This observation was detailed in the World Bank’s latest Nigeria Development Update (NDU), released in May 2025. The report indicates that despite the official […]

Ibadan, Nigeria — The Oyo State Government has launched a range of export-ready, value-added food products in a bid to accelerate agro-industrialisation and strengthen the state’s participation in regional and continental markets.   The initiative was spearheaded by the Agricultural Exporting Farmers Multipurpose Cooperative Society, which unveiled processed and packaged yam, cassava, and plantain flour […]

  ABUJA – The Nigeria Youth Forum (NYF) has expressed concern over Nigeria’s escalating security crisis, revealing that at least 3,610 Nigerians were killed by bandits and Boko Haram insurgents between January and March 2025. The group called on the Federal Government to act decisively, warning that the country is drifting dangerously toward anarchy. In […]

Abuja, Nigeria — Nigeria has intensified efforts to address the persistent scarcity of aviation fuel and promote sustainable alternatives by hosting a high-level regional workshop focused on Sustainable Aviation Fuel (SAF) production. The two-day workshop, held under the Assistance, Capacity-building, and Training for Sustainable Aviation Fuels (ACT-SAF) Africa–India project, was organized by the Nigeria Civil […]

Ondo, Nigeria — The Ondo State Government has assured Akure residents that the 7.8km Oda Road project will be ready for inauguration in June 2025. It stated that it is committed to improving infrastructural development across the 18 local government areas. The Senior Special Assistant to the Governor on Infrastructure, Lands, and Housing, Olawoye Abiola […]

BORNO – Gov. Babagana Zulum of Borno has directed the immediate ban on the sale of petrol in filling stations across Bama Local Government Area, including Bama town and Banki. The directive followed consultations with security agencies as part of ongoing efforts to address security challenges in the area. Malam Dauda Iliya, the governor’s Special […]

Abuja, Nigeria— Social media activist Martins Otse, popularly known as VeryDarkMan (VDM), has been released from the custody of the Economic and Financial Crimes Commission (EFCC) after five days. This was confirmed by his legal representative, Deji Adeyanju, who told our correspondent on Wednesday, “He has been released.” Otse had been in EFCC custody since […]

  Lagos, Nigeria — The Economic and Financial Crimes Commission (EFCC) has withdrawn earlier allegations of fraudulent conversion of funds against gospel music producer Ezekiel Onyedikachi, popularly known as EeZeeTee, filed by gospel singer Mercy Chinwo. In a statement following court proceedings on Wednesday, the EFCC confirmed the filing of a revised eight-count charge against […]

NIGERIA – The Economic and Financial Crimes Commission (EFCC) has stated that social media activist Martins Otse, popularly known as VeryDarkMan (VDM), will be released upon fulfilling his bail conditions. EFCC spokesperson Dele Oyewale told BBC Pidgin that VDM’s arrest followed multiple petitions from unnamed individuals alleging misconduct. Although speculation linked GTBank to the arrest, […]