Guinea Secures €123.45 Million In Loans From ECOWAS Bank For Agribusiness And Clean Energy Projects

The ECOWAS Bank for Investment and Development (EBID) and the Government of Guinea have signed two loan agreements totalling €123.45 million to support agribusiness education and expand access to clean, reliable energy, the bank announced on Tuesday. The agreements, finalised on 10 November 2025 in Conakry, aim to advance sustainable development and economic diversification in…

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Tinubu Government Spends $801 Million On US Arms In 18 Months, Think Tank Says

Nigeria’s federal government has invested approximately $801 million in military hardware from the United States since President Bola Tinubu took office, marking one of the country’s largest arms procurement drives in recent years, according to the Independent Media and Policy Initiative (IMPI). IMPI Chairman Dr Omoniyi Akinsiju said in a policy briefing that the acquisitions,…

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FCT Minister Wike Confronts Military Officers Over Alleged Illegal Land Development In Abuja

Armed military officers, reportedly acting on the orders of a former Chief of Naval Staff, blocked efforts by the Federal Capital Territory (FCT) Minister, Nyesom Wike, to halt an alleged illegal development at Plot 1946 in Gaduwa District, Abuja. The confrontation occurred on Tuesday when FCT officials arrived at the site to demolish structures deemed…

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Nigeria Seeks Global Digital Leadership Amid Economic Reforms

Nigeria is making bold strides towards economic stability and digital transformation under President Bola Tinubu’s administration, Vice-President Kashim Shettima said on Tuesday. Addressing the Digital Nigeria International Conference and Exhibition 2025, Shettima said the government’s policies are winning both investor confidence and international recognition. “The era of economic volatility is behind us,” Shettima declared, citing…

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NUPRC Launches 2025 Licensing Round To Boost Oil Production

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced the start of the 2025 Licensing Round, effective Dec. 1, 2025, following approval from President Bola Tinubu, who also serves as Minister of Petroleum Resources. NUPRC Chief Executive, Gbenga Komolafe, made the announcement at the Project One Million Barrels Per Day (1MMBOPD) Additional Production Investment Forum…

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Eredo Council Upgrades 168 Roads, Installs Solar-Powered Boreholes Across Communities

The Eredo Local Council has upgraded 168 roads and built eight solar-powered boreholes across its communities to improve living standards. The Chairman, Mr. Monsuru Akinloye, told the News Agency of Nigeria (NAN) that the projects benefitted communities including Odo-Egiri, Ilara, Ibonwon, Odogbawojo, Imokun, and Odomola. “This upgrading will ease vehicular movement and open up rural…

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