Month: July 2025

The director general, Securities and Exchange Commission (SEC), Emomotimi Agama, has opined that by formalising commodities and warehouse receipts, the capital market can unlock $500 billion in dormant agricultural and mineral assets. The DG made the remarks at a national workshop of the Chartered Institute of Stockbrokers in Abuja on Tuesday, according to a statement […]

The United Nations Secretary Antonio Guterres has said that Africa’s 1.5% renewable energy installed capacity despite having about 60% of the global energy resources is a disturbing phenomenon that needs to change to put the continent on the path to development through energy transition. The UN Chief said this on Tuesday when he delivered a […]

Nigeria’s external reserves rose by 0.53 per cent or $200.26 million within a one-month period, from $37.738 billion which it was on June 18, 2025, to $37.938 billion as at July 18, 2025, data from the Central Bank of Nigeria (CBN) showed. The 30-day moving average data between June 18 and July 18 showed that […]

At a time when Nigeria urgently needs to boost revenue and rebuild fiscal resilience, government officials and global experts have warned that the country’s development prospects will remain stunted unless illicit financial flows (IFFs) are decisively tackled. Speaking at the national conference on “Combating Illicit Financial Flows: Strengthening Nigeria’s Domestic Resource Mobilisation” in Abuja, Minister […]

…Continent’s refining capacity hits 1.365mbpd Nigeria is spearheading an initiative to establish a regional pricing benchmark for refined petroleum products across West Africa, aiming to create a more unified and transparent fuel market. This move seeks to reduce the region’s reliance on global reference prices, which often fail to reflect local market dynamics. This is […]

Population Services International (PSI) Nigeria has unveiled its menstrual health project in six states across Nigeria. The states include Bauchi, Kano, Lagos, Nasarawa, Sokoto and Akwa Ibom. PSI, in a statement signed by its technical specialist, Communication and Training Temitope Alfred, said the programme is being flagged off through its flagship Menstrual Health No Wahala […]

Leader of Amend Camp and a prominent voice in the Presidential Amnesty Programme’s third phase, Emmanuel Allison, has commended President Bola Tinubu for approving an increase in the programme’s annual budget. Speaking in Abuja over the weekend, Allison described the decision as a “renewed hope” for thousands of Niger Delta youths seeking a better future […]

Acting national chairman of the Peoples Democratic Party (PDP), Amb. Umar Iliya Damagum has visited the Anambra State PDP gubernatorial candidate, Ambassador Jude Ezenwafor, who was shot recently by assailants in Abuja. Damagum was accompanied on the visit by Bauchi State governor and chairman of the PDP Governors’ Forum, Senator Bala Abdulkadir Mohammed. Damagum’s media […]

Nigerian Air Force (NAF) has achieved a one-year operation without any aircraft mishap. This is just as over 1,300 airmen and 157 officers have undergone comprehensive safety induction and awareness training in one year, bringing the total number of safety-trained personnel to 1,199. NAF spokesman Air Cdre Ehimen Ejodame said the service has continued to […]

Minister of Women Affairs, Imaan Sulaiman-Ibrahim, has commended Nasarawa State government on the state’s judgement against a child rapist. Recently, the Chief Judge of Nasarawa State, Justice Aisha Bashir-Aliyu, sentenced Ahmadu Yaro, who was convicted of raping a three-month-old baby in Adogi Village, to 21 years imprisonment. Ibrahim said the judgement was not only a […]