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Ekiti approves ₦3bn for new high court office

  • 19th August 2026

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FG borrowed ₦11.9tn in 31 months, says Oyedele

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States’ 2026 budgets rise 47.5% to ₦40.14tn

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Gombe approves ₦148.762m monthly subvention for state university

Finance

Ekiti approves ₦3bn for new high court office complex

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S’West IPMAN threatens shutdown over seized tankers in Lagos

The Independent Petroleum Marketers Association of Nigeria, South-West Zone, has threatened to shut down operations across the region if the Lagos State government does not release 30 seized tankers. The Chairman of IPMAN Western Zone, Joseph Akanni, disclosed this on Monday during an interview with pressmen in Ibadan, Oyo State. Akanni expressed IPMAN’s support for […]

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ICYMI: World’s largest protein producer enters Nigeria with $2.5bn investment

JBS, the world’s largest protein producer, plans to invest $2.5 billion in Nigeria’s livestock sector over the next five years, with Ogun State as a key beneficiary. This was disclosed by the Governor of Ogun State, Prince Dapo Abiodun via his X handle Monday. Batista, JBS’s controlling shareholder, highlighted Nigeria’s potential due to its large […]

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Nigeria, others missing on 2025 US visa waiver list

Nigeria and other African countries are not included in the United States’ new Visa Waiver Program for 2025 as the U.S. updates its policies on permit privileges and eligibility. The U.S. Department of State has updated the 2025 Visa Waiver Program, adding Romania as the newest eligible country effective March 31, 2025 according to Reuters. […]

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Nigerian Breweries posts 81% turnover, hits N1.1tn in 2024

Nigerian Breweries Plc recorded significant growth in 2024, nearly doubling its turnover by 81% from N599.6 billion to N1.1 trillion. According to its audited financial report for the year ended December 31, 2024, gross profit rose by 51% from N212.6 billion in 2023 to N320 billion in 2024. Operating profit also saw a substantial increase […]

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FG deploys CCTV on Falomo-Third Mainland bridge to boost security

The Federal Government has deployed CCTV cameras along the Falomo-Third Mainland Bridge corridor, enabling remote monitoring from Abuja to enhance security, traffic management, and incident response in Lagos. The Minister of Works, Sen. David Umahi, revealed this development during a stakeholder engagement on Phases One and Two of the Lagos-Calabar Coastal Highway project, according to […]

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AfDB announces candidates for 2025 presidential election

The African Development Bank has officially announced the five candidates cleared to contest its upcoming presidential election, scheduled for May 29, 2025. The election will determine the next leader of the AfDB, a crucial institution driving Africa’s economic development and financial stability. According to a statement issued by the AfDB, the candidates were approved by […]

News

FG reviews 16 proposed amendments to maritime labour laws

The Nigerian Maritime Administration and Safety Agency is reviewing 16 proposed amendments to the Maritime Labour Convention 2006, also known as the “Seafarers’ Bill of Rights.” NIMASA’s Head of Public Relations, Osagie Edward, disclosed this in a recent statement, highlighting the agency’s commitment to improving seafarers’ welfare and working conditions. Edward stated that the announcement […]

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Financial inclusion crucial to national economy – CBN

The Deputy Governor for Financial Systems Stability at the Central Bank of Nigeria, Philip Ikeazor, has emphasized the crucial role of financial inclusion in national development. He made this disclosure during EFInA’s unveiling of its refreshed brand identity, five-year corporate strategy, and new CEO, Foyinsolami Akinjayeju. Ikeazor noted that beyond providing data and funding, EFInA […]

Volkswagen to establish e-tractor manufacturing plant in Nigeria
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Volkswagen to establish e-tractor manufacturing plant in Nigeria

Volkswagen has announced plans to set up an e-tractor manufacturing plant in Nigeria, marking a significant step towards boosting agricultural mechanization in the country. The initiative, supported by the German government, aims to enhance Nigeria’s agricultural sector by introducing electric tractors, which are expected to revolutionize farming practices and increase productivity. Nigeria’s Minister of Foreign […]

Australia fines Telegram $640K for delayed response on online safety
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Australia fines Telegram $640K for delayed response on online safety

Australia’s online safety regulator fined messaging platform Telegram about A$1 million ($640,000) on Monday for delaying its response to questions about preventing the spread of child abuse and violent extremist material. In March 2024, the eSafety Commission sought information from several social media platforms — including YouTube, X, Facebook, Telegram, and Reddit — on their […]

Alibaba partners with Apple on AI for iPhones in China
Tech

Alibaba to invest $53bn in AI, marking major shift

Alibaba Group Holding Ltd. plans to invest over 380 billion yuan ($53 billion) in AI infrastructure, including data centers, over the next three years. This major commitment highlights the company’s ambition to become a leader in artificial intelligence. Alibaba, plans to invest more in AI and cloud computing than it has over the past decade. […]

Tech

Musk’s Starlink faces growing competition in satellite internet race

Elon Musk’s Starlink is facing growing competition from China’s state-backed “G60 Starlink” project and Amazon’s Project Kuiper, founded by Jeff Bezos. Shanghai-based SpaceSail is rapidly expanding its satellite internet services. In November, it signed an agreement to enter Brazil and revealed ongoing negotiations with over 30 countries, according to Reuters. By January, it had already […]

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