President Bola Tinubu has asked the Senate to amend the Court of Appeal Act to increase the number of justices from 70 to 110, as part of broader efforts to strengthen Nigeria’s appellate justice system and reduce growing pressure on the courts. The proposed amendment also provides for virtual hearings and the establishment of an …
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 …
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: …
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 …
States seeking access to the World Bank-assisted Human Capital Opportunities for Prosperity and Equity (HOPE-GOV) funds must publicly disclose details of their education and primary healthcare contracts, the Federal Ministry of Budget and Economic Planning has said. The new requirement, according to the ministry, is aimed at strengthening transparency and accountability in the use of …
The Anambra State government has directed traders in 12 additional markets to open on Mondays, warning that non-compliance could lead to temporary closures and legal action. The directive follows a one-week shutdown of Onitsha Main Market, which resulted from traders’ repeated refusal to open on Mondays, a practice the government said was disrupting economic activities …
Shipping data shows that Indian diesel exports to West Africa have reached a record high, driven by the European Union’s new restrictions on fuel refined from Russian crude oil. At the same time, Turkey’s diesel exports to the EU have slowed, reshaping intercontinental oil flows and forcing refiners to seek new markets. The European Union …
