Category: Nigeria news
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FG Launches Ministerial Project Approval Board to Boost Equipment Leasing and PPPs
The Federal Government of Nigeria has inaugurated the Ministerial Project Approval Board (MPAB), alongside promoting a digital transformation partnership with the Equipment Leasing Registration Authority (ELRA). These initiatives aim to modernize Nigeria’s leasing industry and improve access to equipment finance for businesses, particularly small and medium-sized enterprises (SMEs). Key Objectives: Minister of Finance, Wale Edun,
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Nigeria’s Non-Interest Capital Market Valued at N1.6 Trillion, Says SEC
The Director-General of the Securities and Exchange Commission (SEC), Dr. Emomotimi Agama, has announced that Nigeria’s non-interest capital market has reached a valuation of over N1.6 trillion. This milestone underscores the sector’s growing role in advancing financial inclusion and funding critical infrastructure projects. Dr. Agama made the statement at the 7th African International Conference on
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COP30 Key to Unlocking Nigeria’s Multi-Billion Dollar Carbon Market, Says Netzence
Netzence Sustainability Limited has stated that the upcoming COP30 climate conference presents a critical opportunity for Nigeria to convert emission reductions into tangible economic value, positioning the country to tap into a significant new revenue stream. In a recent statement, Chief Operations Officer Idia Ogedegbe emphasized that the new carbon-market architecture can transform tonnes of
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Tinubu Implementing Comprehensive Strategy to Combat Terrorism, Says Alake
The Federal Government has stated that the Bola Tinubu administration is executing a multi-faceted strategy to combat terrorism, integrating military, socio-economic, and diplomatic initiatives. Dele Alake, the Special Adviser to the President, made this assertion during a news conference hosted by the Minister of Information and National Orientation, Alhaji Mohammed Idris, on Wednesday in Abuja.
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Court Dismisses Dangote Refinery’s N100 Billion Suit Over Import Licences
The Federal High Court in Abuja has dismissed the N100 billion lawsuit filed by Dangote Petroleum Refinery and Petrochemicals FZE against the Nigerian National Petroleum Company Limited (NNPCL) and other parties concerning a dispute over fuel import licences. Justice Mohammed Umar issued the ruling, dismissing the case after the defendants made an oral application. This
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Lagos Government Launches Second Phase of Compensation Registration for Oworonshoki Regeneration
The Lagos State Government has commenced a second round of enumeration for property owners in Oworonshoki, a key step in compensating residents affected by the ongoing urban regeneration project. The exercise, organized by the Lagos State Urban Renewal Agency (LASURA), took place at the Oloworo Palace in Kosofe Local Government Area. It aims to register
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Anambra Governorship Election: Eight LGAs Poised to Decide Saturday’s Contest
All eyes are on cccc as voters prepare to head to the polls this Saturday to elect the next governor. The contest will determine whether incumbent Governor Chukwuma Soludo of the All Progressives Grand Alliance (APGA) retains power or hands it over to a challenger from another party. Political analysts suggest that eight local government
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Zambia Eyes Adoption of Nigeria’s National Values Charter
Zambia has expressed interest in studying Nigeria’s National Values Charter, the foundation of the proposed Nigerian Identity Project, which was previously approved by the Federal Executive Council (FEC). This development emerged during the second meeting between officials of Nigeria’s National Orientation Agency (NOA), led by Director General Lanre Issa-Onilu, and the Zambian High Commission, led
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Sister Victoria Clarke Becomes Acting Chair of Brotherhood of Cross and Star
Sister Victoria Clarke has been appointed Acting Chair of the Brotherhood of Cross and Star (BCS), marking a historic milestone for the religious organization. The appointment follows directives from the Sole Spiritual Head, Olumba Olumba Obu, popularly known as O O Obu. This is the first time in the BCS’s history that the leadership position
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Over 75,000 Youths Trained Under Federal Government’s IDEAS-TVET Initiative
The Federal Government of Nigeria has successfully trained more than 75,000 youths in vocational skills through the Innovation Development and Effective in the Acquisition of Skills (IDEAS) TVET Initiative. Speaking at the launch of a six-month free training program for 100 participants in Agriculture and Aquaculture in Badagry, Lagos State, Mrs. Blessing Ogwu, National Project
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