BoI, NCDMB Sign $100m Equity Investment Deal to Boost Nigeria’s Local Content Growth
The Bank of Industry (BoI) and the Nigerian Content Development and Monitoring Board (NCDMB) have sealed a new Memorandum of Understanding (MoU) for the rollout of a $100 million NCIF…
US Senator Proposes End to Dual Citizenship, Raising Concerns for Nigerians and Other Immigrants
A new bill introduced in the United States Senate is drawing global attention, particularly among Nigerians, following a proposal to abolish dual citizenship for American nationals. U.S. Senator Bernie Moreno…
Nigeria’s GDP Grows by 3.98% in Q3 2025 as Agriculture, Industry, and Services Strengthen
Nigeria’s Gross Domestic Product (GDP) expanded by 3.98% year-on-year in real terms in Q3 2025, slightly higher than the 3.86% growth recorded in the same quarter of 2024, according to…
Tinubu Nominates Gen. Musa as Nigeria’s New Defence Minister
President Bola Ahmed Tinubu has nominated retired Chief of Defence Staff (CDS), General Christopher Gwabin Musa, as Nigeria’s new Minister of Defence. The nomination was formally transmitted to the Senate…
CBN, BUA, NPA, FBN… companies, MDAs listed among Abuja land charges defaulters
The Federal Capital Territory Administration (FCTA) has listed the Central Bank of Nigeria (CBN), Ibeto Cement Company Limited, BUA International Limited, and First Bank of Nigeria among prominent companies and federal government agencies that…
FHA Begins Renewed Hope Housing Estate in Kaduna
The Federal Housing Authority (FHA) on Monday flagged off the construction of the Renewed Hope Housing Estate in Sobawa, Rigachikun, Kaduna State. Governor Uba Sani, who led the groundbreaking ceremony,…
Court Declares KYC Interproject Lacks Legal Title to Disputed Plots, Warns Public Against Transactions
A recent court ruling has invalidated all transactions linked to several disputed plots of land, after a High Court in Abuja declared that KYC Interproject Ltd has no legal title…
Naira Strengthens to ₦1,470/$ as FX Market Gap Narrows
The naira strengthened in the parallel market on Monday, appreciating to ₦1,470 per dollar from ₦1,476 recorded over the weekend. However, at the Nigerian Foreign Exchange Market (NFEM), the naira…
Enugu Unveils Hi-Tech Security Arsenal to Tackle Crime
Governor of Enugu State, Dr. Peter Mbah, has unveiled a new batch of hi-tech security equipment and patrol vehicles procured by the Enugu State Security Trust Fund (ESSTF) to further…
UNILAG Summit Calls for Urgent Reform of Nigeria’s Land Use Act
The University of Lagos on Tuesday opened the 3rd International Conference and Fair on Land and Development alongside the 7th Lateef Jakande Annual Lecture, bringing together global experts, policymakers, academics,…