The Lagos State Government has announced that it has disbursed a total sum of ₦70.19 billion as accrued pension rights to 20,956 retirees across various government sectors since the beginning …
GOVERNMENT
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EconomyEnvironmentGOVERNMENTLabourNigeria
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BusinessBusiness PoliciesEconomyGOVERNMENTInfrastructurePolicies
FG’s Series VII Sovereign Sukuk Records ₦2.21tn Oversubscription, Shows Growing Investor Confidence
The Federal Government of Nigeria has recorded massive investor interest in its latest Sovereign Sukuk, with the Series VII attracting over ₦2.21 trillion in subscriptions. This figure, announced by the …
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AfricaDevelopmentEconomyGOVERNMENTInfrastructureInternational RelationsNigeria
PMI Warns African Governments to Improve Project Delivery as US Cuts $555m from African Development Fund
The Project Management Institute (PMI) has called on African governments, including Nigeria, to prioritise efficient project execution in response to a $555 million reduction in United States contributions to the …
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Dangote IndustriesDevelopmentELECTRICITYEnvironmentGOVERNMENTInfrastructure
Ogun Assembly Urges IBEDC to Restore Power to Communities Affected by Dangote Truck Damage
The Ogun State House of Assembly has called on the Ibadan Electricity Distribution Company (IBEDC) to promptly restore electricity to several communities in Yewa North affected by the destruction of …
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DevelopmentEconomyGOVERNMENTInfrastructureInternational RelationsINVESTMENTNigeria
Tinubu Reaffirms Nigeria-China Strategic Partnership to Boost Industrialisation, Economic Growth
President Bola Ahmed Tinubu has restated the Federal Government’s strong commitment to its strategic partnership with China, saying the collaboration is essential to Nigeria’s industrialisation drive and broader economic transformation …
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EconomyELECTRICITYEnergyFinance & ServicesGOVERNMENTInfrastructureNigeria
FG’s Debt to Power Sector Hits ₦982.4bn as Electricity Subsidy Rises in First Five Months of 2025
The Federal Government’s unpaid subsidy to electricity distribution companies has risen to ₦982.4 billion as of May 2025, showing a ₦5.3 billion increase or 2.7% in just five months. This …
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BusinessEnergyEnvironmentGOVERNMENTNigeriaTransportation & Logisitics
Shafa Energy Launches CNG Station in Abuja to Support Nigeria’s Shift to Cleaner, Cheaper Fuel
Shafa Energy, a subsidiary of AYM Shafa Holdings Limited, has launched its compressed natural gas (CNG) brand, Shafa CNG, with the unveiling of a new station in Abuja. The move …
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Digital EconomyGOVERNMENTInnovationNigeriaTechnology
Tranter IT, ManageEngine Target 150+ MDAs to Deepen Digital Governance in Nigeria
Two top technology firms, Tranter IT and ManageEngine, have announced fresh plans to partner with more than 150 Ministries, Departments, and Agencies (MDAs) of the federal government as part of …
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Banking, Finance & InvestmentCyber securityGOVERNMENTNigeriaTechnology
Seamfix Calls for Biometric Security as Insider Fraud Rises in Nigerian Banks
Seamfix Limited has reaffirmed its commitment to bolstering cybersecurity in Nigeria’s financial sector, advocating for biometric-based security solutions as a frontline defence against insider fraud. The company made this known …
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EducationFinance & ServicesGOVERNMENTPolicies
NELFUND Disburses ₦56.85bn in Student Loans to 298,124 Beneficiaries in One Year
The Nigerian Education Loan Fund (NELFUND) has disbursed a total of ₦56.85 billion in student loans within one year of its launch, benefiting 298,124 students across 198 tertiary institutions in …