Former Nigerian President Olusegun Obasanjo has said the country’s economic future depends on attracting robust investment from both domestic and international sources. He made the call on Wednesday in Bauchi at the commissioning of the International Conference Centre (ICC), a landmark project initiated by Governor Bala Mohammed. The facility, named after Northern Nigeria’s first Premier,…
The Nigerian National Petroleum Company Limited (NNPCL) has submitted answers to 19 financial queries raised against it for the period 2017–2023, according to the Senate Committee on Public Accounts. Chairman Senator Aliyu Wadada said on Wednesday that the responses had been received but were still under review. He stressed that the committee would withhold judgement…
Nigeria’s former Vice-President Atiku Abubakar has demanded accountability from the country’s domestic intelligence agency after a former cabinet minister resigned amid allegations of certificate forgery. Ex-Minister of Innovation, Science and Technology, Uche Nnaji, stepped down on Tuesday after questions were raised about his academic qualifications. His resignation, accepted by President Bola Tinubu, was confirmed in…
Nigeria’s education authorities say they are finalising negotiations with university unions to resolve long-standing disputes over pay and conditions and to prevent a return to nationwide strikes. Education Minister Dr Tunji Alausa confirmed on Wednesday that the government is preparing a counter-offer for the Academic Staff Union of Universities (ASUU) and other tertiary unions. He…
A Nigerian court has adjourned a defamation trial involving a Forestry Research Institute of Nigeria (FRIN) staff member to 17 November, when final addresses from both parties will be heard. The defendant, Abraham Joseph, is standing trial before the Iwo Road Magistrates’ Court, Ibadan, on charges of conspiracy, public disorder and defamation against former FRIN…
Uche Nnaji, the Minister of Innovation, Science and Technology, has tendered his resignation. Bayo Onanuga, the presidential spokesman, confirmed this development in a statement late on Tuesday. Nnaji finds himself at the centre of controversy regarding his academic credentials. An investigation by PREMIUM TIMES revealed that the University of Nigeria, Nsukka (UNN) has disavowed the…
First Bank of Nigeria says it is deliberately targeting financing for small and mid-sized enterprises as part of efforts to strengthen Nigeria’s economy and foster inclusive growth. At the 31st Nigeria Economic Summit in Abuja, Managing Director Olusegun Alebiosu said the bank was focused on using digital solutions and tailored financial products to drive the…
Edo State’s new governor, Monday Okpebholo, has sharply criticised former governor Godwin Obaseki for inaugurating unfinished public projects in the final weeks of his administration. Inspecting the Stella Obasanjo Hospital and the Education Hub Complex on Tuesday, Okpebholo said he found both projects far from completion despite having been declared open in October 2024. He…
President Bola Tinubu has accepted Prof. Mahmood Yakubu’s departure as chairman of the Independent National Electoral Commission (INEC) , following the expiration of his second term in office In recognition of his service, Tinubu on Tuesday conferred on Yakubu the national honour of Commander of the Order of the Niger (CON). The announcement was…
Former Central Bank of Nigeria (CBN) Governor Godwin Emefiele’s corruption trial took a fresh twist on Tuesday after his defence team and the Economic and Financial Crimes Commission (EFCC) clashed over the forensic review of electronic evidence. Emefiele, arraigned in 2024 on 26 counts ranging from bribery to conferring corrupt advantages, was granted court approval…
