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October 9, 2025
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World Bank Approves Request For Additional FCT FADAMA NG-CARES Financing

Kingsley Chukwu8 months ago05 mins

The FCT Agriculture and Rural Development Secretariat (ARDS), says the World Bank has approved request for the second phase of the FCT FADAMA COVID-19 Action Recovery and Economic Stimulus (NG-CARES) programme. The Mandate Secretary of ARDS, Mr Lawan Geidam, said this at the inauguration of the Pre-Field training of Enumerators responsible for the generation of…

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  • Business

Niger Bans Taxation Of Hawkers, Petty Traders

Kingsley Chukwu8 months ago02 mins

The Niger State Government has banned the taxation of hawkers and other petty traders across the state. This was contained in a statement issued by the Chief Press Secretary (CPS) to the Governor of Niger State, Mohammed Bago, Mr Bologi Ibrahim, on Tuesday in Minna. The CPS stated that the governor made the announcement while…

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Naira Crude Sale Reduces FX Risks, Transaction Costs – Tinubu

Kingsley Chukwu8 months ago07 mins

The Federal Government said the introduction of the sale of crude oil in Naira was a strategic move to enhance operational efficiency of local refineries by reducing foreign exchange risks and transaction costs. President Bola Tinubu made this known on Tuesday, while officially declaring the eight edition of the Nigeria International Energy Summit (NIES 2025)…

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Transcorp Power Declares 115% Revenue Growth, N80bn Profit For 2024

Kingsley Chukwu8 months ago04 mins

Transcorp Power Plc has declared a revenue growth of 115 per cent in 2024, amounting to N305.9 billion and an operating profit after tax of N80.01 billion. Mr Emmanuel Nnorom, Chairman, Board of Directors, Transcorp Power Plc disclosed this on Tuesday in Abuja, at the companies’ Annual General Meeting (AGM). Nnorom said that the financial…

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TAJBank Gets New Global Rating, Wins Islamic Bank Award

Kingsley Chukwu8 months ago02 mins

Nigeria’s fastest growing non-interest banking services provider, TAJBank Limited, has consolidated its frontline position by winning an award at the just concluded Islamic Finance News (IFN) Awards in Dubai. According to a statement by its Managing Director, Hamid Joda, the bank won the “Best Islamic Bank in Nigeria” award through a global survey conducted by…

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Microsoft Invests $1m In AI Skilling For 1m Nigerians

Kingsley Chukwu8 months ago05 mins

Microsoft on Wednesday announced a one million dollars investment to equip one million Nigerians with Artificial Intelligence (AI) skills. The Managing Director, Microsoft Nigeria and Ghana, Ms Ola Williams, said at a Microsoft AI Tour media briefing in Lagos that the AI skill training would reach one million Nigerians by 2026. Williams said that the…

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FCT Residents Laud Wike For Opening Karmo District Market

Kingsley Chukwu8 months ago07 mins

Residents of the Federal Capital Territory (FCT) have commended Minister of the FCT, Nyesome Wike for opening the newly constructed Karmo District Market for business. Some of the residents, especially those living around the Karmo district, including traders, spoke with the News Agency of Nigeria (NAN) on the sideline of the official commissioning of the…

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NMDPRA Seals 2 Fuel Stations, Gas Plant For Alleged Infractions

Kingsley Chukwu8 months ago04 mins

The Nigeria Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has sealed two filling stations and a gas plant in Sagamu, Ogun, over alleged infractions. The NMDPRA Coordinator in Ogun and Surveillance team lead, Mr Akinyemi Atilola, who coordinated the exercise on Wednesday, said that the action was in order to safeguard the lives and properties…

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Northwest Governors Meet UN, AfDB to Drive Development

yunusa8 months ago04 mins

Northwest Governors, led by Katsina State Governor and Chairman of the Northwest Governors’ Forum, Malam Dikko Umaru Radda, have held a crucial meeting with senior officials of the United Nations and the African Development Bank (AfDB) to advance development initiatives in the region. The meeting, held in Katsina, was attended by Governors Uba Sani (Kaduna),…

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  • Business

Benue @49: We Are Leading Benue To Economic Prosperity — Gov Alia

Kingsley Chukwu8 months ago03 mins

As Benue marked 49 years of its existence, Gov. Hyacinth Alia said his priority is to take the state to the height of economic prosperity and massive infrastructural development. Alia said this in a press statement signed by his Chief Press Secretary, Mr Tersoo Kula, and made available to newsmen on Monday in Makurdi. The…

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