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In 2025, Nigerian banks sharply increased the volume of bad loans written off compared with 2024, particularly among Tier-1 lenders, according to an analysis by Pinnacle Daily. Shareholders have described the rising bad loans as evidence of a long-standing weakness in credit discipline within the banking sector, warning that it must be urgently addressed. Pinnacle's …

77 To Go: Tier-1 Banks Dominate Recapitalisation as Mid-Tier Lenders Face Pressure

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 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 …

Major General Adeyinka Fadewa

For decades, Nigeria’s Bilateral Air Service Agreements (BASA) were designed to encourage reciprocal airline operations and boost connectivity between countries. However, many Nigerian airlines have struggled over the years to benefit from these agreements, while foreign carriers continue to dominate international routes in and out of the country. BASAs are agreements between one government and …

Interlining: How Nigerian Airlines Navigate Global Skies Amid BASA Barriers

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 …

Debt

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 …

Minister Reaffirms FG’s Commitment to Scaling Housing Investment via PPPs

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 …

FG Launches Grant for Vulnerable Groups in Abuja, Empowering Over 100 Households

For millions of Nigerians living with disabilities, exclusion is not an abstract concept discussed in policy papers or conference rooms. It is the daily reality of inaccessible roads, schools without ramps, hospitals without sign language interpreters, public offices without disability-friendly facilities, and a society where many still struggle to see disability through the lens of …

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