Blog

Nigeria, others spent $1.4trn on debt servicing in 2023 - World Bank
featured Investment

Cross River, World Bank partner to train teachers

The Cross River State government, in collaboration with the World Bank’s Project Hope Education, has commenced an intensive training programme for teachers aimed at bridging the learning gaps in English and Mathematics across primary schools in the state. The Cross River State Commissioner for Education, Professor Stephen Odey, while addressing trainees at a three-day workshop, […]

featured Scams

Kebbi FA debunks rumours of fund misappropriation on FIFA project

The Chairman of the Kebbi Football Association, Alhaji Abubakar Chika-Ladan, has dismissed allegations of misappropriation of funds and poor execution of the FIFA Mini-Stadium project constructed in the state. Chika-Ladan told newsmen in Birnin Kebbi on Sunday that, contrary to rumours circulating on social media, the project was fully completed over two years ago and […]

Nigeria's per capita income to hit pre-COVID level 2025 - W'Bank
Opinion

Workers are ‘suffocating’ under economic hardship — NASU

The President of the Non-Academic Staff Union of Educational and Associated Institutions, Dr. Hassan Makolo, has lamented the unbearable economic hardship facing Nigerian workers, warning that many are “suffocating” under the crushing weight of inflation, fuel price hikes, and the persistent devaluation of the naira. Speaking to Vanguard on the sidelines of the union’s National […]

Policy and Regulations

NSITF seeks stronger legal enforcement of employees’ compensation scheme

The Nigeria Social Insurance Trust Fund has advocated for stronger legal enforcement of the Employees’ Compensation Scheme to ensure the Employees’ Compensation Act achieves its goal of improving worker welfare and workplace safety. The Fund emphasizes shifting institutional accountability from persuasion to strict enforcement. Managing Director of NSITF, Barr. Oluwaseun Faleye, highlighted this need through […]

Diesel hike: NRC slash Lagos-Ibadan trips by 67%
Transportation

NRC train derails in Delta, all passengers safely evacuated

The Nigerian Railway Corporation has confirmed the derailment of a Warri–Itakpe passenger train near Agbor, Delta State, on Saturday evening, assuring the public that no passenger was injured. In a statement issued on Sunday, NRC Managing Director, Dr. Kayode Opeifa, said preliminary findings suggest the derailment—which occurred around 7:30 pm at Kilometer 212+8m—may have been […]

Oil and Gas

Ex-IPMAN boss backs 15% import duty to protect local refineries

The former National Operations Controller of the Independent Petroleum Marketers Association of Nigeria, Mr. Mike Osatuyi, has commended President Bola Tinubu for approving a 15 per cent import duty on petrol and diesel. In an interview with Newsmen in Lagos on Sunday, Osatuyi said that the policy would protect local refineries and attract new investments […]

Banking

UBA records robust earnings in third quarter 2025

The United Bank for Africa Plc, has released its audited financial results for the third quarter ended September 30, 2025, showing strong performance across major financial metrics. The bank’s gross earnings rose by 3.0 percent to ₦2.469 trillion, compared to ₦2.398 trillion recorded in the same period last year. Net interest income also advanced by […]

Business

Edun reaffirms FG’s commitment to sustaining economic reforms

The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has reiterated the federal government’s resolve to sustain ongoing economic reforms and promote inclusive financing as key levers for driving growth beyond four percent. Chairman of the Committee of Bank CEOs and Group Managing Director of United Bank for Africa Plc, Oliver Alawuba, […]

Transportation

Warri-Itakpe train derails, two coaches affected

The Warri-Itakpe Train Service, a standard gauge line operated by the Nigerian Railway Corporation, derailed on Saturday evening, affecting two of its seven coaches. The incident occurred just three days after train operations resumed on the 326-kilometre route. The Management of the NRC confirmed the derailment in a statement on Sunday, noting that it occurred […]

European retailers urge EU to tackle high Visa, Mastercard fees
Business

Mastercard, Sterling Bank partner to empower farmers via technology

Mastercard has partnered with Agriculture Summit Africa 2025, hosted by Sterling Bank in Abuja, to promote digital empowerment for farmers through technology-driven solutions. The partnership was unveiled at a press conference held at Sterling Bank’s headquarters. ASA serves as a leading platform for advancing agricultural transformation and building sustainable food systems across Africa. The 2025 […]

Business

FG approves ₦11.99bn for unpaid doctors’ salaries

The Federal Government says it will release ₦11.99 billion within 72 hours to clear outstanding salaries and allowances owed to medical professionals, in a move aimed at ending the indefinite strike by the National Association of Resident Doctors. Announcing this on Saturday, the Head of Information and Public Relations at the Federal Ministry of Health, […]

Samsung blames US AI chip sanctions for profit slump, shares dip
featured Tech

Samsung Electronics unveils world’s largest LCD screen

Samsung Electronics has expanded its professional display portfolio with the launch of the 115-inch QHFX 4K Smart Signage display, which the company describes as the world’s largest LCD screen. The new model is designed to bridge the gap between traditional videowalls and LED displays, offering enhanced visual performance and operational efficiency for enterprise, educational, and […]