By Esther Ososanya The Minister of the Federal Capital Territory, Nyesom Wike, says the FCTA generated ₦650 million in just three weeks from the newly renovated Bola Ahmed Tinubu International Conference Centre (ICC) in Abuja. Wike disclosed this during a media chat with select journalists on Thursday in Abuja. The conference centre, commissioned by President …
By Esther Ososanya Nigeria’s President, Bola Ahmed Tinubu, has conferred one of the nation’s highest honours, the Grand Commander of the Order of the Niger (GCON), on Prof. Benedict Oramah, outgoing President of the African Export-Import Bank (Afreximbank), in recognition of his decade-long transformative leadership and outstanding contribution to Africa’s economic growth. The …
By Esther Ososanya The Federal Government has released over ₦65 billion to strengthen Nigeria’s Basic Health Care Provision Fund (BHCPF). This investment aims to expand access to primary healthcare and move the country closer to Universal Health Coverage (UHC). Health Minister Confirms Multi-Phase Disbursement At the 11th Expanded Ministerial Oversight Committee (MOC) meeting held …
By Esther Ososanya The International Monetary Fund (IMF) has commended Nigeria’s monetary and fiscal authorities for implementing critical reforms that have boosted macroeconomic stability and driven down inflation to 23 percent. In its Article IV report released Tuesday, the IMF said Nigeria’s Central Bank maintained an appropriately tight monetary policy stance and urged it to …
By Esther Ososanya The Nigerian Armed Forces have confirmed the death of a notorious terrorist kingpin, Yellow Danbokkolo, following a fierce encounter with troops of Operation FASAN YAMA. The news was made public by Major General Markus Kangye, Director of Defence Media Operations, in a statement released to reporters on Tuesday. According to the …
By Esther Ososanya Nigeria and Rwanda have signed a landmark agreement to eliminate double taxation and prevent fiscal evasion on income taxes in a strategic move aimed at deepening economic ties and unlocking private sector-led investment across the continent. The bilateral treaty was signed on the sidelines of the 32nd Afreximbank Annual Meetings in Abuja, …
By Esther Ososanya The Federal Capital Territory (FCT) Police Command has recorded a major breakthrough in its crackdown on organised crime with the arrest of three notorious and wanted bandits/kidnappers. The suspects were apprehended during a coordinated sting operation spanning parts of Abuja and Kaduna State. The operation, carried out on June 29, 2025, …
By Esther Ososanya The Minister of State for Defence, Bello Matawalle, has urged the Nigerian Armed Forces to lead by example in transitioning to clean energy by integrating Compressed Natural Gas (CNG) into military logistics and establishing dedicated refuelling infrastructure across bases. Speaking on Tuesday during the commissioning of over 80 CNG-powered vehicles at the …
By Esther Ososanya Afreximbank’s shareholders have appointed Dr George Elombi as the Bank’s next President and Chairman of the Board of Directors, effective September 2025. The announcement was made during the Bank’s 32nd Annual Meetings held in Abuja, Nigeria, on June 28, 2025. A Cameroonian national and seasoned executive, Dr Elombi has been with the …
By Esther Ososanya The Federal Capital Territory (FCT) Police Command has clarified details surrounding the armed robbery incident that occurred in Zone E, Apo Resettlement, on June 23, 2025, cautioning against the spread of misinformation that could derail ongoing investigations. The development was made public via an official press release signed by the FCT Police …
