Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, has disclosed that under his leadership, the Commission has made unprecedented progress in the fight against economic and financial crimes in the last two years by recovering over N566 billion alongside other foreign currencies and assets. He made this disclosure in Abuja on Thursday, …
Nigeria’s drive toward full financial inclusion has entered a defining phase, one where digital identity, smart regulation, and data-led innovation will determine who gets left behind in Africa’s largest economy. At the Semafor “Next 3 Billion Tour” held in Abuja this week, Minister of State for Finance, Dr Doris Uzoka-Anite, announced that the Federal …
The Nigeria Police Force has explained that the arrest of activist and politician Omoyele Sowore was to ensure fairness in the prosecution of those involved in Monday’s protest in Abuja. Force Public Relations Officer Benjamin Hundeyin disclosed this on Thursday while addressing journalists in Abuja. He said Sowore, who allegedly led protesters into a restricted …
MAGGI, a seasoning brand from Nestlé in Nigeria, says it targets production of at least 80,000 metric tonnes of quality soybean grains annually with a Regenerative Agriculture (RegenAg) initiative. The company stated this while announcing the successful completion of its Regenerative Agriculture (RegenAg) pilot for local soybean sourcing in Nigeria. The programme aims to boost …
In a moment laden with religious and historical symbolism, King Charles III has become the first British monarch and head of the Church of England to publicly pray alongside a pope. The unprecedented event took place on Thursday within the Sistine Chapel at the Vatican, marking a gesture of Christian reconciliation almost five centuries after …
Governor Mohammed Umar Bago of Niger State has called on residents to rise and defend themselves against bandit attacks, declaring that his administration will neither negotiate nor pay ransom to kidnappers. Gov. Bago, who made the declaration during a visit to Rijau and Magama Local Government Areas, both recently hit by bandit incursions in the …
The Dangote Refinery and Petrochemicals has revealed plans to sell five to 10 per cent of its stake on the Nigerian Exchange (NGX) Limited within the next year. Aliko Dangote, the founder of Dangote Group, reportedly hinted at this in an interview with S&P Global on October 20. He said the move will mirror the approach …
Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, has said Nigeria currently has the capacity to produce more than two million barrels of crude oil per day and would seek an upward review of the country’s production quota at the next meeting of the Organisation of Petroleum Exporting Countries (OPEC) in November. Currently, Nigeria’s …
The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has announced a record ₦1.86 billion recovery from the disposal of forfeited assets in 2024, the highest sum ever recorded since the Commission was established. The disclosure was made at the 2025 meeting of the Asset Disposal Committee in Abuja, following the presentation of a …
Nigeria has produced one of its youngest commercial pilots, 18-year-old Mohammed Aminu Sani, who recently earned a U.S. Federal Aviation Administration (FAA) Commercial Multi-Engine Pilot License from Phoenix East Aviation (PEA) in Daytona Beach, Florida. Sani completed the intensive training programme in just 10 months, passing every stage without a single checkride failure, a rare …
