Many Nigerians are again counting losses after another online investment platform identified as “XM Future Music Group” reportedly collapsed, leaving subscribers unable to access their funds amid rising concerns over fraudulent digital investment schemes operating across the country. The platform, popularly known as “XM,” allegedly promised investors returns of up to 100 per cent within …
The Federal Government has dismissed reports claiming that it approved a 40 per cent peculiar allowance for federal civil servants, clarifying that no such directive was issued by the Office of the Head of the Civil Service of the Federation. The clarification follows widespread media reports suggesting that the allowance had been approved as part …
The Lagos State Traffic Management Authority (LASTMA), has expressed concern about worrying surge in road accidents involving dispatch riders and commercial motorcyclists, saying the trend is becoming a major threat to road safety across the metropolis. The warning came during a strategic road safety and regulatory stakeholders’ engagement organised by LASTMA for courier and dispatch …
Nine African countries are currently listed under the United States’ highest travel advisory level, known as Level 4, Do Not Travel, highlighting the scale of insecurity across multiple regions of the continent. Out of 21 countries worldwide placed on the U.S. State Department’s strongest travel warning, nine are in Africa, meaning nearly half of the …
Food prices in Nigeria could decline by the next harvest season if governments at all levels strengthen security and take deliberate steps to reduce production costs for farmers, the All Farmers Association of Nigeria (AFAN) has said. Speaking on Tuesday in Lagos, the Deputy Chairman of AFAN, Lagos State Chapter, Mr Shakin Agbayewa, explained that …
ActionAid Nigeria has called for impeachment proceedings to be instituted against any state governor found culpable of diverting state resources to finance political activities ahead of the 2027 general elections. The organisation's call followed allegations that some serving governors may be mobilising state resources to finance political activities ahead of the 2027 general elections. The concerns …
The Socio-Economic Rights and Accountability Project (SERAP) has appealed the N100 million defamation judgment delivered against it by the High Court of the Federal Capital Territory, Abuja, in favour of officials of the Department of State Services (DSS). SERAP also filed an application seeking a stay of execution of the judgment pending the determination of …
French President Emmanuel Macron and Kenyan President William Ruto on Monday unveiled fresh partnerships in arts, sports, and technology, while urging stronger collaboration between Africa and Europe to drive innovation and economic growth. The two leaders spoke during the opening of the Africa Forward Summit held at the University of Nairobi on Monday, where they …
The Joint Admissions and Matriculation Board (JAMB) has retained 150 as the minimum cut-off mark for admission into Nigerian universities for the 2026/2027 academic session. The decision was announced on Monday during the Board’s annual policy meeting held in Abuja, where stakeholders in the education sector deliberated on admission benchmarks for tertiary institutions across the …
Nigeria’s fiscal outlook remains under severe pressure despite what appears to be a gradual improvement in some key debt indicators, the Nigerian Economic Summit Group (NESG) has warned in its latest Debt Burden Monitor for 2025. The report revealed that although Nigeria’s Debt Burden Index (DBI) declined from a record 83.6 points in 2023 to …
