By NINI NDUONOFIT-AKOH THE foreign exchange (FX) market — the world’s largest and most liquid financial arena — is once again at the heart of global economic tension. With an astonishing $10 trillion traded daily, it is the invisible network that keeps international trade and finance alive. Yet, as the global economy grapples with persistent […]
By NINI NDUONOFIT-AKOH THE Independent Corrupt Practices and Other Related Offences Commission (ICPC) generated ₦1.86 billion in 2024 from the sale of confiscated assets linked to corruption cases. ICPC spokesperson Demola Bakare said the figure was disclosed at the 2025 Asset Disposal Committee meeting chaired by ICPC Chairman, Musa Aliyu, who stressed transparency in future […]
By ALIYU AMINU ABUBAKAR ABDULLAHI (A.A.A.A.) SHEHU THE Special Agro-Industrial Processing Zones (SAPZ) programme in Kano State has empowered 400 groundnut farmers in Bebeji Local Government Area with improved inputs and training to enhance productivity and climate-resilient farming. State Project Coordinator, Aminu Iliyasu, said the farmers—142 women and 258 men—received fertilisers and high-yield SAM Nut […]
By OBIOMA TORI EXPERTS warn that Nigeria’s food security goals are at risk as limited access to credit continues to hinder agricultural growth. Despite producing most of the nation’s food, smallholder farmers face steep interest rates, high collateral demands, and short loan cycles that prevent them from expanding or modernising their farms. Dr. Ayoola Oduntan, […]
By TOSAN OYAKHILOME-AKAHOMEN THE House of Representatives has directed the Central Bank of Nigeria and the Ministry of Finance to disclose details of all federal financial interventions to states since 2023, excluding FAAC allocations. The resolution followed a motion by Rep. Abdussamad Dasuki (PDP–Sokoto), who said multiple support schemes—such as budget aids, infrastructure funds, and […]
By TOSI ORE THREE years after its rollout, Nigeria’s 5G network remains a luxury for the wealthy, with adoption below 3.5% and coverage limited to major cities. High device prices—starting from about ₦170,000, more than two months’ salary for minimum wage earners—and expensive routers have shut out most Nigerians. Data consumption has doubled since 2023, […]
By PAULINA NZERUBE NIGER Delta activist Chief Sheriff Mulade has called on the Economic and Financial Crimes Commission (EFCC) to urgently investigate the alleged diversion of ₦1.3 trillion in 13% oil derivation funds by former Delta State Governor Ifeanyi Okowa. In an open letter to EFCC Chairman Ola Olukoyede, Mulade expressed concern over the agency’s […]
By IKE UZOR-NZUBECHI THE Nigerian Education Loan Fund (NELFUND) has announced the opening of its student loan application portal for the 2025/2026 academic session, from 23 October 2025 to 31 January 2026. In a statement on Tuesday, NELFUND urged fresh students to apply using their Admission Number or JAMB Registration Number and advised institutions to be […]
By MAHMOOD MALIK MUSA (M.M.M.) IBRAHIM KANO, Katsina, and Jigawa states are jointly planning a ₦50 billion regional electricity market to boost power access and distribution in Northwest Nigeria. The initiative, reached at an electrification summit in Marrakech, Morocco, will see the states acquire equity stakes in Future Energies Africa (FEA) — the core investor […]
By OBIOMA TORI THE 2025 edition of the Women in Business (WIB) Trade Fair is set to be the biggest yet, with Amstel Malta, MTN, Nigerian Breweries, and FIBI joining as partners, while First Bank emerges as the headline sponsor. Scheduled for 31 October to 2 November 2025, at the Moshood Abiola Stadium, Abuja, the event aims […]