News WordPress Theme

Tinubu postpone Ogun visit, heads to Plateau, 3 other States

President Bola Tinubu has postponed his scheduled trip to Iperu, Ogun State, tomorrow ( Thursday), to flag off operations at the Gateway International Cargo Airport. Bayo Onanuga, Special Adviser to the President on Information and Strategy, in a statement, said the President will instead, head to Jos, capital of Plateau state, to commiserate with the read more Tinubu…

Read More

Pro-Kwankwaso group accuses FG of reckless borrowing, faults NASS oversight

The Kwankwasiyya Movement has raised fresh concerns over Nigeria’s rising debt profile, accusing the Federal Government of reckless borrowing and the National Assembly of failing to properly scrutinise new loan requests. In a statement issued Tuesday, the movement’s spokesperson, Habibu Sale Mohammed, warned that the country’s growing dependence on debt poses a significant risk to read more Pro-Kwankwaso…

Read More

UNILAG elevates Mass Comm HOD, Tayo Popoola to professor

The University of Lagos (UNILAG), Akoka, has announced the promotion of Ibitayo Popoola, the institution’s head of Mass Communication Department to professor, recognising years of academic excellence, research contributions, and leadership within the department. The promotion, which is contained in the institution’s official bulletin, Campus News (Vol. 019), issued on Friday and sighted by BusinessDay, read more UNILAG…

Read More

Chelsea posts £262.4m loss amid agent spending surge

Premier League club Chelsea has reported a record pre-tax loss of £262.4 million for the year ending June 30, 2025, the club announced on Wednesday. The figures revealed that Chelsea spent more on agents’ fees than any other English club this season. The previous highest pre-tax loss in Premier League history was £197.5 million, posted read more Chelsea…

Read More

Three Tinubu ministers resign ahead of election directive

As the 2026 election season heats up, three ministers have resigned from President Bola Tinubu’s administration in anticipation of a strict presidential directive requiring politically ambitious appointees seeking governorship ambition to step down. Adelabu Adelabu, Minister of Power, was the latest candidate to tender his resignation on Tuesday evening to pursue his 2027 governorship ambitions read more Three…

Read More

How Nigerian banks defied odds to raise N4.6trn in 2yrs

Nearly two decades after the 2004 recapitalisation that reshaped Nigeria’s banking sector and cut the number of banks from 89 to 25, Central Bank of Nigeria (CBN) Governor, Olayemi Cardoso, signalled another round in November 2023. By March 2024, the policy was formalised, with a 24-month compliance window from April 1, 2024 to March 31, read more How…

Read More

BOI, EIB secures €50m fund to boost Nigeria’s healthcare, pharma value chain

The Bank of Industry (BOI) and European Investment Bank (EIB) recently announced a €50 million financing initiative aimed at strengthening Nigeria’s healthcare and pharmaceutical value chain. The funding, according to the statement, is designed to improve access to long-term financing for healthcare and pharmaceutical enterprises, support the expansion of local manufacturing capacity, and enhance supply read more BOI,…

Read More

Nigeria’s women entrepreneurs eye expansion as skills, capital gap persists

Nigeria’s women entrepreneurs are increasingly ready to scale their businesses, but limited access to finance, governance skills and structured support systems continues to slow the transition from small ventures to lasting enterprises. Across Nigeria, women own roughly 40 percent to 50 percent of small businesses and operate millions of enterprises ranging from informal market stalls read more Nigeria’s…

Read More