Federation allocation to the federal government, states and local council areas (LCAs) declined to N2.103 trillion in September, compared to N2.22 trillion shared in August. The Federation Account Allocation Committee (FAAC) disclosed this on Friday, October 17. It said the allocation was shared at its October meeting, chaired by the Accountant General of the Federation, …
The Federal Capital Territory (FCT) Police Command has announced the assumption of office by Commissioner of Police (CP) Dantawaye Miller, as the 34th Commissioner of Police, FCT Command. Miller takes over from CP Ajao S. Adewale, who has been redeployed to another strategic position by the Inspector-General of Police, IGP Kayode Adeolu Egbetokun, Ph.D., NPM. …
Indian quick-commerce platform Zepto announced on Thursday that it has raised $450 million, pushing its valuation to $7 billion. Founded in 2021 by Aadit Palicha and Kaivalya Vohra, Zepto specializes in ultra-fast grocery delivery, promising delivery times as short as 10 minutes. The company operates over 250 “dark stores” across major Indian cities, enabling quick …
Veteran Nollywood actress, Idowu Phillips, fondly known as Mama Rainbow, has celebrated her 83rd birthday and 60 years on stage, marking a remarkable milestone in Nigeria’s entertainment history. The iconic actress took to Instagram on Thursday, October 16, to express profound gratitude to God, her family, fans, and colleagues for their unwavering love and support …
Popular Nigerian disc jockey Nonso Temisan Ajufo, better known as DJ Big N, has raised concerns about what he calls the worst decline in Afrobeats’ global influence in two decades. Speaking in a recent interview, the Mavin Records DJ blamed both artists and record executives for the slump. He said many have sacrificed quality and …
The United Nations has issued a stark warning that Sudan’s cholera outbreak is worsening rapidly, as ongoing fighting and displacement cripple the country’s health system. According to the Federal Ministry of Health, Sudan has recorded 120,496 cases and 3,368 deaths since the outbreak began in mid-2024. The World Health Organisation (WHO) said on Wednesday that …
As the world marks World Food Day 2025 under the theme “Hand in Hand for Better Foods and a Better Future,” Nigeria faces a stark reality. Once renowned for its rich culinary heritage and fertile farmlands, the nation now grapples with import dependency, ultra-processed diets, rising food inflation, and fragile agricultural systems. This is more …
Sudan’s oil industry has suffered a 94% collapse since South Sudan’s independence in 2011. Finance Minister Gibril Ibrahim said the country’s output dropped from 500,000 barrels per day to just 30,000 barrels in a decade and half. Ibrahim revealed the figures during the Russian Energy Week Forum in Moscow, where delegates from 84 countries gathered …
To address funding gaps for the over 40 million small businesses, the Securities and Exchange Commission (SEC) said it has signed a Memorandum of Understanding (MoU) with the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) to improve access to long-term financing for small and medium enterprises (SMEs) through the Nigerian capital market. The …
The Chairman of the Independent Corrupt Practices and Other Related Offences Commission (ICPC), Dr Musa Adamu Aliyu, SAN, has called on local government officials to uphold integrity, transparency, and accountability, emphasising that corruption extends far beyond the mere theft of public funds. Dr Aliyu made the remarks in Abuja while presenting a paper titled “Understanding …
