News as it breaks
In a world where many young professionals are seeking local opportunities, a group of 12 passionate Nigerians is choosing a higher path — to serve, teach, and heal beyond Nigeria’s borders. These individuals are the latest cohort deployed under the Nigerian Technical Aid Corps (NTAC), a federal government initiative designed…
The International Monetary Fund (IMF) has revised upward its economic growth forecast for Nigeria to 3.9% in 2025 and 4.1% in 2026, citing improved macroeconomic indicators, stronger investor confidence, and fiscal stability. The IMF disclosed this in its latest World Economic Outlook (WEO) report released during the ongoing IMF/World Bank…
The Federal Competition and Consumer Protection Commission (FCCPC) has endorsed the Central Bank of Nigeria’s (CBN) proposed policy mandating banks to refund customers for failed ATM and electronic transactions within 48 hours. The FCCPC described the draft CBN refund guidelines as a welcome and long-overdue step in addressing one of…
Nigeria and the United Kingdom have signed a series of strategic agreements aimed at strengthening cooperation on migration, justice, and organised crime prevention during the 2025 edition of the Nigeria-UK Migration, Justice, and Home Affairs (MJHA) Dialogue, held in Abuja. The high-level meeting was co-chaired by Ambassador Asari E. Allotey…
As Nigeria gears up for the 10th edition of the Nigeria Mining Week, the Minister of Solid Minerals Development, Dr. Dele Alake, has revealed he is facing threats following the revocation of 1,263 mineral licences due to non-payment of statutory annual service fees. Speaking at a press conference in Abuja…
The Federal Ministry of Finance has refuted claims that the Federal Government has suspended the practice of allowing revenue-generating agencies to deduct their cost of collection at source, describing such reports as “inaccurate and misleading.” In a statement issued in Abuja, the ministry clarified that there has been no change…
The Bauchi State Government has announced the signing of 47 Memoranda of Understanding (MoUs) with local and international investors during the just-concluded 2025 Bauchi Economic and Investment Summit, signaling a major step toward unlocking the state’s economic potential. The summit, held under the theme “My Bauchi Project: Unlocking Investment Opportunities…
Commissioner says demolitions not targeted at any ethnic group, warns of enforcement after deadline The Lagos State Government has issued a two-week ultimatum to property developers and building owners within the Trade Fair Complex in Ojo to obtain proper building approvals and regularise their developments in line with the state’s…
The Federal Government of Nigeria lost approximately 13.5 million barrels of crude oil, valued at $3.3 billion, to oil theft and pipeline sabotage between 2023 and 2024, according to the Nigerian Extractive Industries Transparency Initiative (NEITI). The revelation was made by NEITI Executive Secretary, Dr. Ogbonnaya Orji, at the 2025…
Vice President Kashim Shettima has declared that Nigeria has officially exited its phase of economic instability, assuring both local and international investors that there has never been a more opportune time to invest in the country. Speaking at the opening ceremony of the Bauchi Investment Summit 2025 on Wednesday, October…
