Tinubu sends N1.48tn Rivers budget to NASS

President Bola Tinubu has forwarded a N1.48 trillion budget proposal for Rivers State to the National Assembly, marking a significant step toward stabilizing governance and funding key projects in the…

FG inaugurates AMCON board to strengthen asset recovery

Barbara Bako, Abuja. The Federal Government has inaugurated the new Board of Directors of the Asset Management Corporation of Nigeria (AMCON), marking a renewed phase in the Corporation’s mandate to…

UTME glitch not targeted at Southeast candidates — Registrar

Prof. Ishaq Oloyede, Registrar of JAMB, has clarified that the technical glitch experienced during the 2025 UTME was not aimed at disadvantaging candidates from the Southeast. This was after the…

Afreximbank posts solid Q1 results, meets expectations

Barbara Bako, Abuja. African Export-Import Bank (“Afreximbank” or the “Group”) has released the consolidated financial statements of the Bank and its subsidiaries for the three months ended 31 March 2025.…

EFCC arraigns oil tycoon Akindele over $35m fraud

The Economic and Financial Crimes Commission on Tuesday commenced the prosecution of an oil magnate, Dr Akintoye Akindele, accused of complicity in the conversion of $35 million belonging to the…

ICPC busts foreigner’s bank fraud preying on Nigerian students

The Chairman of the Independent Corrupt Practices and Other Related Offences Commission, Musa Aliyu (SAN), on Tuesday revealed that the commission has uncovered a fraudulent scheme involving a foreign national…

EFCC hands 753-unit recovered Abuja estate to housing ministry

The Economic and Financial Crimes Commission (EFCC) has handed over the recovered 753 housing units traced to former Central Bank of Nigeria (CBN) Governor Godwin Emefiele in Abuja to the…

CBN holds MPR at 27.5% to steer economic stability

The monetary policy committee (MPC) of the Central Bank of Nigeria (CBN) has again retained the monetary policy rate (MPR), which benchmarks interest rates in the country, at 27.50 percent.…

CBN reassures public on banking sector stability

Barbara Bako, Abuja. The Central Bank of Nigeria (CBN) wishes to categorically reassure the public, depositors, and stakeholders that the Nigerian banking sector remains resilient, safe, and sound. The CBN,…

Nigeria’s digital economy gains $191mn FDI in Q1, 2024 — Minister

The Minister of Communications, Innovation and Digital Economy, Dr. Bosun Tijjani, says Nigeria’s digital economy saw a leap in FDI, rising from $22M in Q1 2023 to $191M in Q1…