The Sokoto State Government has suspended the collection of all forms of fees in public secondary schools following widespread concerns raised by parents and stakeholders. Commissioner for Basic and Secondary Education, Professor Ladan Ala, issued the directive on Tuesday, instructing all principals across the state to immediately halt the collection of education-related charges. The suspension, …
China has accelerated purchases of Argentine soybeans, booking about 20 cargoes, or 1.3 million tons, since Buenos Aires scrapped export taxes earlier this week, traders said on Wednesday. The surge makes Argentine beans more competitive and continues to erode U.S. market share, already hit by tariffs from the ongoing U.S.-China trade war. Most of the …
New Zealand has appointed Swedish economist Anna Breman as the next Governor of the Reserve Bank of New Zealand (RBNZ), marking a historic first for the country. She will assume office on December 1, 2025, becoming both the first woman and the first foreign national to lead the bank in its modern history. Finance Minister …
Fidelity Investments, a financial giant managing trillions, made waves in the crypto world on September 23, 2025, by offloading $276.7 million (nearly a quarter billion) in Bitcoin through its FBTC ETF. That was yesterday’s shockwave, and today, September 24, the aftershocks are still being felt. This move doesn’t seem like panic—it feels more like a …
The U.S. cryptocurrency market is bracing for a surge of new exchange-traded funds (ETFs) after regulators streamlined approval standards, reducing hurdles for issuers. The U.S. Securities and Exchange Commission (SEC) last week approved new listing standards that allow crypto ETFs meeting predetermined requirements to launch without lengthy, case-by-case reviews. Approval timelines have decreased to as …
The Federal Road Safety Corps (FRSC) will establish a world-class trauma centre to treat road crash victims and support their families. Corps Marshal Shehu Mohammed announced the plan in Abuja during a briefing ahead of the International Road Crash Victims Africa Conference (IRCVAC), set for November. He said the project will run through a …
The Federal Inland Revenue Service (FIRS) has defended the federal government’s borrowing framework, describing debt as a legitimate component of every national budget. FIRS Chairman Zacch Adedeji stated this on Tuesday while addressing journalists during the Meet-the-Press series organised by the Presidential Communications Team at the Presidential Villa, Abuja. He explained that federal revenue collection …
Senior defence and health leaders from Nigeria and the United States of America on Tuesday gathered at the Abuja Continental Hotel to mark the 20th anniversary of the partnership between the Nigeria Ministry of Defence Health Implementation Programme (NMODHIP) and the Walter Reed Army Institute of Research (WRAIR). The event was attended by Nigeria’s Minister …
Guaranty Trust Holding Company Plc (GTCO), the parent company of Guaranty Trust Bank, has reported a 40.13 per cent decline in profit before tax (PBT) for the first six months of the year. The Group's audited financial statements for the six months ended June 30, 2025, released on Tuesday, September 23, show the pre-tax profit …
The Centre for the Promotion of Private Enterprise (CPPE) has expressed concern that the Central Bank of Nigeria (CBN) benchmark interest rate cut will require the federal government to play a complementary role to fully unlock growth potential for the Nigerian economy. The CPPE Chief Executive Officer, Muda Yusuf, raised this in a statement on …
