Breaking News
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Nigeria’s Federation Account Allocation Committee (FAAC) distributed a total of ₦1.969 trillion to the federal, state, and local governments for December 2025, a slight increase from the previous month’s allocation. The allocation, approved at the […]
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Femi Otedola, Chairman of First HoldCo Plc, has defended the holding company’s decision to take a substantial one-time charge of ₦748 billion for old, non-performing loans, characterising it as a necessary and deliberate balance sheet […]
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Senator Blames Systemic Failures, Not Presidents, for Nigeria’s Governance Challenges A senior member of Nigeria’s ruling party has argued that the nation’s difficulties stem from systemic and structural issues within its political system, rather than […]
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US President Donald Trump has launched a sharp critique of the 2025 Grammy Awards, labeling the ceremony “virtually unwatchable” and targeting its host, comedian Trevor Noah, over a joke referencing Jeffrey Epstein. In a post […]
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A former director at Nigeria’s Federal Capital Development Authority has described the recent defection of Taraba State Governor Agbu Kefas to the ruling All Progressives Congress (APC) as a positive development for the northeastern state. […]
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Flourish Africa, a women-focused empowerment initiative founded by philanthropist Apostle Folorunsho Alakija, has awarded N300 million in grants to 100 women entrepreneurs across Nigeria. The announcement was made at the organisation’s ninth annual conference in […]
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First HoldCo Profit Falls 92% Following Balance Sheet Cleanup Ahead of CBN Recapitalisation Deadline Nigerian financial services group First HoldCo reported a 92 per cent decline in profit for its 2025 financial year, a result […]
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The Socio-Economic Rights and Accountability Project (SERAP) has initiated legal action against the Nigerian National Petroleum Company Limited (NNPCL), demanding transparency over billions of naira and millions in foreign currency allegedly missing from the state […]
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South African cinema chains have withdrawn the documentary “Melania” just one day before its scheduled international release, with the local distributor citing an unspecified “current climate” as the reason for the abrupt cancellation. The film, […]
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Nairobi Fashion Week 2024 has placed decarbonization at the centre of its agenda, directly challenging the global fashion industry to confront its substantial environmental impact. The event’s theme urged designers and stakeholders to rethink production […]
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The Nigeria Governors’ Forum (NGF) has resolved to designate sugar production as a strategic sector to drive industrial development and generate over $2 billion in revenue across Nigerian states. The decision follows a formal partnership […]

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