The Federal Government says it could save about ₦5.06 trillion annually by cutting down on the importation of defence equipment, as it steps up efforts to promote local manufacturing in the sector. The Minister of State for Defence, Bello Mohamed Matawalle, disclosed this on Thursday in Abuja during the unveiling of the X-Shield Light Tactical …
The National Agency for Food and Drug Administration and Control (NAFDAC) says it did not shut down any alcohol-producing company while enforcing the ban on alcoholic drinks packaged in sachets and containers below 200 millilitres. The agency said it introduced the enforcement to protect public health, especially children, adolescents and young adults. The move follows …
DHL Aviation has expanded its logistics capacity in Nigeria with the deployment of two fully branded Boeing 737-400 cargo aircraft, reinforcing its air freight network across West Africa. The aircraft were unveiled at the Murtala Muhammed International Airport, Lagos, as part of DHL’s broader investment in strengthening logistics infrastructure across Sub-Saharan Africa. In a statement, …
Kaduna, Edo, Katsina, Sokoto and Lagos emerged as the five Nigerian states with the sharpest rise in public debt over the past decade, according to a review of BudgIT’s latest ‘State of States’ report. An analysis by Pinnacle Daily shows that the debt profiles of these states expanded rapidly between 2015 and 2024, reflecting widening …
The All Progressives Grand Alliance (APGA) has released its provisional timetable for the 2026 local government primary elections in Anambra State. The party made this known in a statement issued on Thursday in Awka by its National Publicity Secretary, Mazi Ejimofor Opara. He said the timetable was approved in line with the provisions of APGA’s …
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has reassured its commitment to transparency and adoption of merit-based procedures for the emergence of winners of oil and gas blocks in the ongoing 2025 licensing bid round. This was part of the message from the Commission during the 2025 Licensing Round Pre-Bid Webinar held on Wednesday, January …
For more than a decade, Nigeria’s small and medium-scale enterprises (SMEs), the country’s largest employers and backbone of the real economy, have remained largely excluded from formal bank financing, despite repeated policy pledges to support them. An analysis of the Central Bank of Nigeria (CBN) Statistical Bulletin covering 2014 to 2023 reveals a troubling reality: …
The Independent Corrupt Practices and Other Related Offences Commission (ICPC) said it has entered into a strategic partnership with the Nigerian Bar Association Anti-Corruption Committee (NBA-ACC) to strengthen Nigeria’s anti-corruption framework. The collaboration was formalised through the signing of a Memorandum of Understanding (MoU) at the ICPC Headquarters in Abuja. This was disclosed in a …
The Independent National Electoral Commission (INEC) says it has completed preparations for the conduct of the Kano State House of Assembly by-elections in Kano Municipal and Ungogo Local Government State Constituencies. The commission said the polls became necessary following the death of the two lawmakers representing the constituencies, which led to vacancies in the state …
Civil society groups and rights activists have condemned the police crackdown on residents of waterfront communities who staged a protest at the Lagos State House of Assembly on Wednesday, January 28, over forced eviction and demolition of their properties. They called on the Lagos State Police Command to unconditionally release all the protesters arrested, including …
