SEDC Shortlists 210 Innovative Startups for Venture Capital Boost
By Oluwakemi Kindness The South East Development Commission (SEDC) has shortlisted 210 startups from over 1,200 applications received across the South East region for the next phase of its Venture Capital Programme. The selected startups comprise 128 in the Incubator Track and 82 in the Accelerator Track, marking a major milestone in the Commission’s effort […]
Zamfara Loses 456 Hajj Slots After Saudi Reduces Nigeria’s Allocation
The Kingdom of Saudi Arabia has reduced Nigeria’s Hajj allocation, leading to the cancellation of 456 intending pilgrims from Zamfara State for the 2026 exercise. The Chairman of the Zamfara State Hajj Commission, Musa Mallaha, disclosed this in an interview with the News Agency of Nigeria (NAN) in Gusau on Wednesday. Mallaha explained that the […]
NAICOM, UNDP Partner to Expand Climate Risk Insurance
By Oluwakemi Kindness The National Insurance Commission () and the United Nations Development Programme (UNDP) have deepened collaboration aimed at expanding climate risk insurance, strengthening disaster resilience, and improving insurance penetration in Nigeria. This followed a courtesy visit by a UNDP delegation to NAICOM headquarters in Abuja, where both parties reviewed strategic areas of cooperation, […]
Malema Gets Five Years Jail-Term Over Alleged 2018 Gun Incident
By Oluwakemi Kindness A South African court on Thursday sentenced opposition leader and Economic Freedom Fighters (EFF) head, Julius Malema, to five years in prison after finding him guilty of unlawfully discharging a firearm at a political rally eight years ago. The ruling was delivered by Magistrate Twanet Olivier, who said Malema had deliberately violated […]
Edun Urges More Funding for Developing Economies Facing Global Squeeze
By Oluwakemi Kindness The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has called for expanded access to affordable financing for developing countries, stressing that global support must match the scale of current economic challenges. Edun made the call at the Intergovernmental Group of Twenty-Four (G24) news conference, held on the sidelines […]
Nigeria Can Dominate Africa’s Blue Economy – Dantsoho
By Oluwakemi Kindness The Managing Director of the Nigerian Ports Authority, Abubakar Dantsoho, says Nigeria has the capacity to dominate Africa’s blue economy if ongoing reforms in the maritime sector are sustained. Speaking at the Blue Economy Investment Summit in Abuja on Wwdnesday, Dantsoho attributed the transformation in the sector to reforms introduced by the […]
NDIC Moves to Conclude Liquidation of 89 Microfinance, Mortgage Banks
By Oluwakemi Kindness The Nigeria Deposit Insurance Corporation has commenced the process of concluding the liquidation of 89 closed microfinance banks and primary mortgage banks following their acquisition by new owners. In a statement on Wednesday, the Corporation says the move comes after the successful execution of the Purchase and Assumption (P&A) model, under which […]
FG, NASS Move to Bridge Budget, Development Gap
By Oluwakemi Kindness The Federal Government and the National Assembly have reaffirmed their commitment to closing the gap between Nigeria’s budgeting process and national development plans, in a bid to drive sustainable economic growth. Speaking on Wednesday at the day 2 of the National Policy Dialogue in Abuja, the Minister of Budget and Economic Planning, […]
FCT Police Ramp Up Satellite Security, Intensify Stop-and-Search
By Oluwakemi Kindness The Commissioner of Police, Federal Capital Territory (FCT), Ahmed Sanusi, has unveiled a renewed security strategy aimed at strengthening policing in satellite towns and intensifying stop-and-search operations across Abuja. Speaking during a news briefing on Wednesday, Sanusi acknowledged longstanding concerns over low police visibility in suburban communities, attributing the gap to manpower […]
FCT Police Rescue Two Kidnap Victims, Nab ‘One-Chance’ Suspect in Abuja Shootout
By Oluwakemi Kindness The FCT Police Command has rescued two female victims from a suspected “one-chance” criminal gang and arrested one suspect following a violent confrontation with operatives in Abuja. The Commissioner of Police, Ahmed Sanusi, disclosed this on Wednesday while briefing journalists in Abuja on the command’s operational activities covering March 24, 2026 to […]