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  About 139 million Nigerians are currently living in poverty, according to the World Bank. The global lender, however, noted that Nigeria’s economy has begun to show signs of stability as a result of ongoing reforms. Speaking at the launch of the Nigeria Development Update (NDU) report in Abuja on …

  By Abiodun Alade Nigeria, it has often been said, is a land where paradox has become a way of life. Here is a nation that pumps millions of barrels of crude oil from its bowels each day yet has spent decades importing the fuel that drives its battered Danfos, …

  Stanbic IBTC Bank recently hosted the Nigeria-South Africa Chamber of Commerce’s September Breakfast Forum in Lagos, focusing on the potential of the mining sector in Africa. Themed “Unlocking Africa’s Hidden Wealth: Mining as a Catalyst for Bilateral Investment,” the event gathered industry leaders and investors to discuss economic opportunities …

  The Nigeria Police Force has announced the suspension of the enforcement of vehicle tinted glass permits following a court order halting the exercise. Spokesperson for the Federal Capital Territory (FCT) Police Command, SP Josephine Adeh, confirmed the development during an interview on AIT on Wednesday. She stated that the …

  Former Minister of Innovation, Science and Technology, Geoffrey Uche Nnaji, has explained that his resignation from President Bola Tinubu’s cabinet was a personal decision made to protect his integrity. He said the move was also aimed at preventing unnecessary distractions to the Federal Government’s Renewed Hope Agenda. Nnaji had …

  The Lagos State Special Offences Court, Ikeja, presided over by Justice Rahman Oshodi will on Thursday, October 9, 2025, deliver a ruling on the admissibility of critical digital evidence presented by the Economic and Financial Crimes Commission (EFCC) in the ongoing trial of the immediate-past governor of the Central …

Leading Marketing Communications Group, Verdant Zeal Group Limited, is set to host the 13th edition of its flagship ‘Innovention Series’ with the theme, “Fintech & Inclusion: Pushing the Boundaries for Economic Growth in Nigeria”. Scheduled for Tuesday, October 28, 2025, the event which will hold virtually, is billed to foster …

President Bola Ahmed Tinubu has requested the National Assembly’s approval to obtain $2.3 billion in external loans to help finance Nigeria’s 2025 budget deficit, refinance maturing debts, and sustain ongoing fiscal reforms. In a letter transmitted to the House of Representatives, the President explained that the proposed borrowing will be …

The National Assembly chapter of PASAN, had in a circular dated 3 October, 2025, accused the Clerk of laundering money belonging to the Association. The circular was signed by the trio of Comrade Chris MC-Odo, Comrade Yusuf Mohammed Abiola and Comrade Chinenye Peace Ndu and addressed to the Clerk, with …

A Federal High Court in Lagos on Monday, adjourned to Nov. 3, the trial of a Lagos businesswoman, Clara Anthony, charged with an alleged N643.8 million fraud. Lagos City Guide Anthony is standing trial before Justice Ibrahim Kala, alongside a company, Flourish Claire Concept. They are charged with 17 counts …