The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) has revealed plans to launch a microfinance bank and wants the Central Bank of Nigeria (CBN) to grant it an operating licence. Director-General of SMEDAN, Charles Odii, disclosed this during a media parley in Abuja on Wednesday, while unveiling the agency’s five-point agenda for 2026. …
The Federal Capital Territory (FCT) High Court has dismissed the bail application of former Attorney-General of the Federation and Minister of Justice Abubakar Malami, who had sought release from the custody of the Economic and Financial Crimes Commission (EFCC). In his ruling on Thursday, Justice Babangida Hassan stated that Malami’s detention is lawful and supported …
The Nigerian Senate has approved a total of 64 nominees for both career and non-career ambassadorial positions following a review of a report submitted by its Committee on Foreign Affairs. The approval came after the committee’s findings were presented by its chairman, Senator Sani Bello, and subsequently adopted by lawmakers during plenary. Zamfara State Representation …
The Peoples Democratic Party (PDP) in Ondo State has faulted Governor Lucky Aiyedatiwa over the death of a teenager allegedly knocked down by the governor’s convoy during a visit to Akoko South-West Local Government Area. The party alleged that the deceased, identified as Good Emiju, was run over by the governor’s convoy at Oka-Akoko while …
The National Pension Commission (PenCom) has commenced the disbursement of the N758 billion bond approved by the Federal Government to clear outstanding pension liabilities. This move is part of a broader strategy to future-proof the Nigerian pension industry, solidifying its role in national stability and long-term development. PenCom’s 365 Days Scorecard: Achievements and Progress PenCom's …
Amid domestic and global economic uncertainties, FCMB Pensions, a subsidiary of FCMB Group Plc, is targeting a N1.2 trillion growth in Assets Under Management (AUM) by the end of December 2025. This ambitious goal reflects the company’s resilience in navigating financial challenges and its commitment to becoming a major player in Nigeria's pension industry. FCMB …
The Federal Government has announced plans to improve literacy levels and strengthen reading culture among children living in Internally Displaced Persons (IDP) camps across Nigeria. The Director for IDPs at the National Commission for Refugees, Migrants and Internally Displaced Persons (NCFRMI), Fatima Maman Daura, disclosed this during the launch of two children’s books in Abuja, …
The Nigerian House of Representatives has suspended discussion on the 2026–2028 Medium-Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP). The decision to step down the documents was taken on Wednesday following a heated debate over how crude oil price benchmarks and revenue projections were calculated. The debate ensued in plenary immediately after James Faleke, …
Chidozie Awaziem says the Super Eagles must learn from their 2–1 friendly defeat to Egypt and shift their focus to AFCON 2025. The match, played at the Cairo International Stadium on Tuesday night, saw Mahmoud Sabre and Mostafa Mohammed score for Egypt, while Awaziem headed in Nigeria’s lone goal late in the first half. The …
Former Attorney-General of the Federation and Minister of Justice Abubakar Malami, SAN has described his continued detention by the EFCC chairman, Ola Olukoyede, as based on Personal grudge. Malami, through his media aide, Muhammed Bello Doka, said that the commission chief lacks moral and constitutional rights to detain or investigate him. He said due to …
