News – Page 11 – Democracy Radio

SEC Targets $500bn from Dormant Assets

By Oluwakemi Kindness The Securities and Exchange Commission (SEC) has expressed optimism that Nigeria can unlock over $500 billion in dormant agricultural and mineral assets through the formalisation of commodities and warehouse receipts. Director General of the SEC, Dr. Emomotimi Agama, made the disclosure in Abuja at a national workshop of the Chartered Institute of Stockbrokers, noting that these assets, once converted into tradable securities would drive economic diversification and wealth creation. Agama said the recently enacted Investments and Securities […]

July 24, 2025

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Sport

Nigeria Hosts 14th Africa Armwrestling Championship in Abuja

By Arinzechi Chukwunonso Abuja, Nigeria – July 24, 2025 Nigeria has rolled out the red carpet for the continent’s strongest athletes as over 400 competitors and officials from 20 African nations gather in Abuja for the 14th Africa Armwrestling Championship. Speaking at the opening media briefing, Engineer Samuel Jackson, President of the Nigeria Armwrestling Federation, expressed gratitude to the African armwrestling community for their unity and commitment to the sport. “On behalf of the federation, our athletes, and our board, […]

July 24, 2025 2

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Sport

Gilbert Partners with Nigeria Rugby Federation in Major Grassroots Drive

By Nonso Arinzechi Renowned global rugby brand Gilbert Rugby has donated 1,000 rugby balls to the Nigeria Rugby Football Federation (NRFF), marking a major boost for the sport’s grassroots development in the country. The UK-based equipment manufacturer—official ball supplier to every Rugby World Cup since 1995—handed over the consignment to an NRFF representative in the United Kingdom. The donation is part of Gilbert’s ongoing commitment to advancing rugby globally through partnerships that support grassroots and national development efforts. NRFF President, […]

July 24, 2025 2

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Sport

Ogun State to Witness Rugby Glory as Golden 7s Tournament Begins

By Arinzechi Chukwunonso Ogun State, fast emerging as Nigeria’s newest hub of sporting excellence, is set to come alive once again as it hosts the exhilarating Golden 7s Rugby Tournament — a dynamic youth and women’s rugby showcase — on Saturday, July 26, 2025, at the iconic Recreation Club, GRA Ota. Organized by the Nigeria Rugby Football Federation in collaboration with grassroots stakeholders, the one-day tournament brings together a powerful mix of raw talent, school spirit, and community pride from […]

July 24, 2025 2

General

Tinubu, Dangote Align on Africa’s Energy Independence and Oil Sector Reform

By Aremu Toyeebaht President Bola Tinubu met privately with Africa’s richest man, Alhaji Aliko Dangote, at the State House in Abuja on Tuesday, deepening strategic conversations around Nigeria’s oil and gas sector reforms and the continent’s pursuit of energy independence. Though details of the meeting were not made public, the timing, following President Tinubu’s June visit to the 650,000-barrel-per-day Dangote Refinery, highlights the government’s ongoing alignment with private-sector initiatives aimed at reducing Nigeria’s fuel import dependency. Earlier the same day, […]

July 23, 2025

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Sport

All Stars International Mourns the Passing of Vitus Ekoh

By Arinzechi Chukwunonso All Stars International has expressed deep sorrow over the death of Mr. Vitus Ekoh, fondly known as “Apply,” who passed away on Thursday, July 17, 2025, after a brief illness. Late Ekoh was a dedicated member of Capital Sportiff All Stars and an affiliate of All Stars International, Abuja. He actively participated in the ongoing Abuja All Stars International Veterans Invitational Tournament at the main bowl of the Moshood Abiola Stadium, Abuja. He is survived by his […]

July 23, 2025 3

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Sport

South Africa, Egypt, Ghana, Others Arrive in Abuja for Armwrestling Contest

By Arinzechi Chukwunonso The energy is rising, the countdown is ticking, and all signs point to an unforgettable spectacle — the 2025 African Armwrestling Championship is just around the corner, officially kicking off on July 23rd in Abuja! Already, the stage is being set for greatness. Nigeria proudly welcomes Olegs Gantimurovs, the internationally respected Master World Armwrestling Referee, who is currently in the country to oversee final preparations and ensure world-class officiating throughout the tournament. His presence isn’t just symbolic […]

July 23, 2025 2

General

Put Safety Lessons into Action- NSITF MD Tells Workshop Attendees

By Chinedu Echianu Managing Director of the Nigeria Social Insurance Trust Fund, (NSITF), Barrister Olúwaṣeun Faleye, has urged participants at the ongoing workshop on Enhanced Occupational Safety and Health, to ensure they apply the knowledge gained from the workshop to promote workers' safety and health in their various organizations. The MD who gave this call in his keynote address at the on-going workshop for employers in the South East Geo-Political zone of the country said, "I urge every participant to […]

July 23, 2025

Economy

Eight Banks Meet Recap Target as CBN Holds Rate at 27.5%

By Oluwakemi Kindness The Monetary Policy Committee has confirmed that eight banks have met the CBN’s recapitalization target, signaling progress in the ongoing financial sector reforms." Governor of the Central Bank of Nigeria, Olayemi Cardoso, stated this in Abuja on Tuesday while briefing Newsmen on the outcome of it 301st meeting. He commended the progress made by Deposit Money Banks in strengthening their capital base, noting that several others are advancing steadily toward meeting the set deadline. The Committee urged […]

July 23, 2025