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 …
Fidelity Bank Plc has reported a drop in profit for the 2025 financial year, with earnings falling to ₦242.44 billion, down from ₦278.11 billion in 2024, as a large derivative loss and rising costs pressured performance. In the bank's audited results released on Monday, May 11, Fidelity Bank stated that its performance was majorly affected …
Nigeria’s aviation sector is once again being gripped by a crisis of aviation fuel, forcing domestic airlines to cut routes and reduce flight frequencies. This is as operators struggle with costs that have surged by over 300 per cent since February 2026, causing them rounds of flight disruptions and delays. Across the country’s major airports, …
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 …
President Bola Tinubu has arrived in Nairobi, Kenya, to attend the Africa Forward Summit jointly hosted by Kenyan President William Ruto and French President Emmanuel Macron. Tinubu touched down at the Jomo Kenyatta International Airport in the early hours of Monday and was welcomed by Musalia Mudavadi, Kenya’s Cabinet Secretary for Foreign and Diaspora Affairs, …
President Bola Tinubu has appointed retired Major General Adeyinka Fadewa as Special Adviser on Homeland Security. The appointment was announced on Monday in a statement issued by Chris Ugwuegbulam, Head of Information and Public Relations at the Office of the Secretary to the Government of the Federation. According to the statement, the appointment was approved …
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 …
Transnational Corporation Plc (Transcorp Group) has declared a total dividend of ₦20,323,995,148, translating to ₦2.00 per share, for its shareholders at its 20th Annual General Meeting (AGM) held at the Transcorp Centre in Abuja. The dividend comprises an interim payment of ₦4,064,799,030, representing 40 kobo per share, which was paid in August 2025, and a …
In a move to bridge the national housing gap, the Minister for Housing and Urban Development, Dr. Muttaqha Rabe Darma, has reaffirmed the Federal Government’s commitment to fostering a conducive environment for housing investment to thrive. The Minister made this known while meeting with Dr. Olayemi Rotimi Shodinmu, CEO of Shelter Advisory Services and convener …
The Federal Government has launched the Grant for Vulnerable Groups (GVG) as part of measures to cushion economic pressures and foster self-reliance. The flag-off ceremony held in the nation’s capital, Abuja, saw over 100 vulnerable households receiving vocational starter packs and direct credit alerts to start their micro-enterprises. The initiative, spearheaded by the National Social …
