The World Bank is gearing up to approve a fresh round of loans amounting to $2.95 billion for Nigeria in 2025. According to the global financial institution’s project list, the funds will be allocated across six key development projects aimed at enhancing economic resilience, education, health, and digital infrastructure. Breakdown of the World Bank’s $2.95 […]
The Economic and Financial Crimes Commission (EFCC) has officially arraigned Jude Okoye, the former manager and elder brother of Paul and Peter Okoye from the now-defunct music duo P-Square. He is facing charges related to money laundering, involving N1.38 billion, $1 million, and £34,537.59. The case was presented at the Federal High Court in Lagos. […]
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Key APC Leaders Absent as Tinubu Calls for Unity ABUJA – The much-anticipated National Executive Committee (NEC) meeting of the All Progressives Congress (APC) was held at the Buhari House APC National Secretariat in Abuja, marking the first NEC session since President Bola Ahmed Tinubu took office on May 29, 2023. The meeting was chaired […]
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…Calls for Death Penalty for Counterfeit Drug Dealers…NAFDAC Seizes Over N1 Trillion Worth of Substandard Pharmaceuticals ABUJA – The Director-General of the National Agency for Food and Drug Administration and Control (NAFDAC), Professor Mojisola Adeyeye, has raised concerns about threats to her life and the safety of agency staff due to their intensified efforts in […]
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The Securities and Exchange Commission (SEC) has streamlined the approval process for companies seeking to raise capital in the Nigerian financial market. The approval timeline has been significantly reduced to just 14 days, a major improvement aimed at enhancing efficiency and economic growth. SEC Enhances Capital Market Efficiency Dr. Emomotimi Agama, the Director General of […]
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Bismarck Rewane, the highly regarded CEO of Financial Derivatives Company, is well known for his expertise in economic analysis. His insights are frequently sought after by leading media platforms. However, as seen in recent events, his statements can sometimes be taken out of context or misrepresented, leading to public misinterpretation. In a recent appearance on […]
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LAGOS – The Federal Government has officially launched the rehabilitation, reconstruction, and expansion of the Lagos-Ibadan dual carriageway, specifically Section One and the Lagos-Sagamu Phase Two project in Ogun State. This initiative aligns with the Renewed Hope Agenda for Infrastructure Development. Representing President Bola Tinubu, Ogun State Governor Dapo Abiodun emphasized that the project signifies […]
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Troops from the Nigerian Army’s 3 Division and Operation Safe Haven have successfully apprehended two notorious kidnappers and terrorists in Barkin Ladi Local Government Area (LGA) of Plateau State. The arrest was the result of a well-planned sting operation following actionable intelligence reports. Operation Golden Peace Leads to Arrest in Plateau Counter-insurgency expert Zagazola Makama, […]
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Nigeria continues to face an uphill battle against counterfeit drugs due to weak regulatory enforcement, legal loopholes, and corruption that undermine efforts to eliminate the crisis. Despite ongoing crackdowns by authorities, the Nigerian pharmaceutical market remains flooded with fake and substandard medicines, endangering millions of lives. NAFDAC’s Efforts and Persistent Challenges Data from the National […]
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US President Donald Trump has announced an exclusive residency program offering a high-value “Gold Card” visa for $5 million. This initiative aims to attract affluent investors and job creators while contributing to reducing the national deficit. Speaking from the Oval Office, Trump described the new permit as an upgraded version of the traditional green card, […]
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Oyin Jolayemi’s journey exemplifies resilience, strategic thinking, and unwavering determination. Born in 1940 in Iludun Oro, Kwara State, his rise from humble beginnings to becoming a leading industrialist is an inspiring story of perseverance and vision. Early Struggles and Entrepreneurial Spirit From a young age, Oyin displayed a strong entrepreneurial mindset. He engaged in various […]
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Trump to Hold First Cabinet Meeting, Elon Musk to Participate United States President Donald Trump is set to convene his first cabinet meeting on Wednesday since reclaiming office last month. This significant gathering aims to advance his administration’s agenda, with most of his cabinet nominees now approved by Congress. Among the key attendees will be […]
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Lagos, Nigeria – Reports indicate that Mojisola Meranda, Speaker of the Lagos State House of Assembly, may step down from her position, but only if the resignation occurs during a plenary session. This condition was revealed following the Assembly’s indefinite adjournment on Monday, February 17, after 36 out of 40 members expressed confidence in her […]
