Blog

FAAC funds to FG, states hit 7-year high in 2023
featured Finance

FAAC: FG, states, LGAs share N2.094tr in October

The Federal Accounts Allocation Committee has approved the disbursement of N2.094 trillion as revenue from October 2025 to the federal, state, and local governments of the federation. This reflects a marginal decline from the N2.103 trillion shared to the three tiers of government from the federation account revenue generated in September 2025. The N2.094 trillion […]

Food

River Basin Authority partners police to boost food security

The Hadejia–Jam’are River Basin Development Authority has pledged to strengthen collaboration with security agencies to enhance food security across its operational areas. The managing director of the agency, Rabiu Bichi, made the commitment during a courtesy visit by the commander of MOPOL 9 Kano, ACP Mu’awiya Abubakar. Mr Bichi said the partnership aligned with President […]

News

Bauchi signs N3.4bn deal for mega trailer park

The Bauchi state government signed a N3.4 billion agreement on Wednesday to construct a state-of-the-art mega trailer park in Azare town, Katagum local government area of the state. This is part of efforts to expand transport infrastructure and stimulate economic activity in the northern region of the state. Signing on behalf of the government, Secretary […]

Finance

Nigeria pension assets hit N26tr

Nigeria’s pension industry continued its steady climb in September 2025, with total pension assets rising to N26.09 trillion, up from N25.90 trillion in August. The increase represents 0.75 percent month-on-month growth and a strong 23.44 percent surge year-on-year, underscoring sustained investor confidence despite mixed capital market conditions. Fresh figures released by the National Pension Commission […]

Minister of Youths and Sports, Sunday Dare
News

Nigeria needs global synergy, cannot face terrorism alone — Tinubu’s aide

The Special Adviser to the President on Media and Policy, Sunday Dare, stated that Nigeria’s campaign against terrorism necessitates robust international collaboration, asserting the nation cannot tackle the menace in isolation. His comments surface during heightened worry over the recent kidnapping of 25 female students from the Government Girls Comprehensive Secondary School in Maga, Kebbi […]

FG targets 6500 megawatts power generation in six months
Electricity featured

Nigeria projects $1bn annual power export revenue by 2026

The Federal Government is forecasting almost $1 billion (approximately N1.49 trillion) in yearly revenue from exporting electricity to 15 West African countries under the Economic Community of West African States sub-region, starting in June 2026. This earning projection is based on the potential revenue from exporting a full 600 megawatts capacity, billed at the prevailing […]

Technology

Meta unveils world’s longest undersea cable across Africa

Meta, in collaboration with several prominent global and regional telecommunications companies, has officially activated the core 2Africa subsea cable system. This system is recognized as the world’s longest open-access subsea cable and is the first to establish a continuous loop connecting both East and West Africa. The 2Africa system spans three continents and 33 countries, […]

Policy and Regulations

Reps seek legal protection, better welfare for aged people

The Speaker of the House of Representatives, Tajudeen Abbas, has advocated for the provision of stronger legal protection and improved welfare incentives for the elderly population in Nigeria. Speaking through the Chief Whip of the House, Usman Kumo, he called upon the Federal Government to adopt global best practices in the care of senior citizens. […]

Policy and Regulations

Reps investigate Benin museum over foreign control allegations

The House of Representatives on Tuesday initiated an investigation into the establishment, funding, and governance framework of the Museum of West African Art located in Benin City, Edo State. This action was prompted by growing concerns that the new cultural complex might be operating under arrangements that afford undue influence to foreign and private interests. […]

Conferences

Six nations clash over gender definition at COP30 in Brazil

A dispute over the definition of gender is threatening to complicate the outcome of the COP30 climate talks currently taking place in Brazil. This follows an action by six governments to append their own interpretations as footnotes to a crucial negotiating text. The governments involved in this effort are Paraguay, Argentina, Iran, Indonesia, Malaysia, and […]

US senators demand Meta probe over chatbot child safety concerns
Tech

Meta completes undersea cable project for Africa

Meta has pushed back against reports of a renewed setback to its massive 2Africa subsea cable project, saying most of the network has now been completed even as security concerns continue to slow work on some segments. The company’s update comes a day after fresh reports suggested the project had suffered another delay over regional […]