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FG raises workers’ allowances to cushion economic hardship

…approves 100% exit package ​The federal government approved an increase in peculiar allowances and other welfare benefits for civil servants on Friday, in a new push to cushion prevailing hardship by increasing take-home pay. The new scheme also provides 100% of a retiree’s full emoluments as an exit package, in addition to their pension, with read more FG…

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Project New Nigeria expands education support in Bayelsa

Project New Nigeria has extended its student support programme to Niger Delta University, awarding scholarships and digital devices to students as part of a wider effort to improve access to education and civic participation in the Niger Delta. The initiative, founded by Samuel Kaley Nzidee, held the event on April 22, 2026, at the New read more Project…

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Entering Nigeria’s Venture Capital Market: Regulatory clarity, capital thresholds, and structuring pathways for investors

Introduction Nigeria’s venture capital (VC) sector has evolved from an informal, relationship-based market into a structured ecosystem shaped by various laws and regulatory requirements including regulations provided by the Securities and Exchange Commission (SEC). As local and international VCs provide capital to high-growth businesses, VC firms must adeptly navigate Nigeria’s dynamic regulatory landscape which governs read more Entering…

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Safe vs Convertible Notes: Navigating financing options in Nigeria

Introduction Financing is an important component of every company’s formation and growth. For early-stage companies, founders often face the important decision of selecting the investment model that best supports the company’s development. While there are several financing options available such as direct equity investments and debt financing, this newsletter focuses on Simple Agreements for Future read more Safe…

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Nigerai Trade Regulatory Update: National Single Window Platform launch and import restrictions

Introduction Nigeria’s trade regulatory landscape has recently seen developments aimed at improving trade administration and strengthening import controls. In particular, the Federal Government has announced the launch of the National Single Window Platform (the “Platform”), a digital system designed to streamline import and export processes, while also announcing a ban on items prohibited from importation read more Nigerai…

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Tinubu congratulates Oreofe, 2026 African spelling bee champion

President Bola Tinubu on Thursday, congratulated 14-year-old Adeolu Oluwadamilola Oreofe for winning the 2026 African Spelling Bee competition in the Junior Category of the event held recently in Harare, Zimbabwe. Bayo Onanuga, Special Adviser to the President on Information and Strategy, said in a statement , that ” Oreofe, a student of St. Lawrence Metropolitan read more Tinubu…

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Shettima calls for aggressive PPP expansion to drive $1trn-economy target

…NCP says efforts on to bridge 5.6 million metering gap, end estimated billing ….Says 1,437,000 metres already procured Kashim Shettima, the vice president on Thursday called for an aggressive expansion of public-private partnerships (PPPs) to drive Nigeria’s economic ambitions, as the federal government reaffirms its commitment to unlocking the value of national assets. Speaking during read more Shettima…

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Tinubu expresses solidarity with Gulf states amid Iran war attacks

President Bola Tinubu has conveyed Nigeria’s solidarity with Gulf countries affected by attacks in the US-Israel war with Iran, describing the crisis as a threat to global peace that demands collective resolve. Tinubu made the remarks on Thursday at the State House in Abuja while receiving letters of credence from seven ambassadors and two high read more Tinubu…

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Inclusion Is a Design Choice: Rethinking Women’s Leadership and Governance in Nigeria

For years the debate on women’s leadership in Nigeria has been framed as a pipeline problem. The claim has been that there are not enough qualified women to take on leadership roles across business, government and politics. That argument no longer stands. Nigerian women today are among the most educated competent and globally exposed on read more Inclusion…

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Gathering on 100 5-aside tourney off to flying start at National Stadium

The 5-aside tournament at The Gathering on 100 got off to an exciting start with knockout fixtures delivering goals, intensity and early statements at the National Stadium, Surulere. With the competition opening in a knockout format, teams approached their first games with urgency, knowing any slip could mean an early exit. That intensity was evident, read more Gathering…

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