World Bank MD Hails Nigeria as Global Reference Point for Steady, Credible Reforms
Anna Bjerde, World Bank MD By Uche Vera ABUJA — Nigeria has become a frequent global reference point for steady and credible reform leadership, according to Anna Bjerde, the Managing Director (MD) for Operations at the World Bank. Bjerde made the statement on Tuesday during a visit to the State House in Abuja, where she […]
US Deplys Ground Troops to Nigeria in Expanded Security Cooperation
Us Troops on Ground in Nigeria By Uche Vera United States of America has deployed a contingent of ground troops to Nigeria, marking the first official acknowledgment of U.S. military personnel on Nigerian soil in recent history, officials confirmed on Tuesday. The deployment was announced by General Dagvin Anderson Commander of the United States Africa […]
Telcos to Invest ₦1.4trn in Nationwide Network Expansion
By Uche VeraTelecommunications operators in Nigeria are set to invest approximately ₦1.4 trillion in expanding their network infrastructure, the Nigerian Communications Commission (NCC) has disclosed. The Executive Vice Chairman of the NCC, Dr Aminu Maida, made this known while speaking at a stakeholder forum, stating that the planned investment would be directed at strengthening network […]
Banks Recapitalisation : The Race Intensifies Ahead of March 2026 Deadline
By Olukemi Odoh In a bid to fortify Nigeria’s banking sector and position it for deeper financial intermediation, greater resilience, and broader economic support, the Central Bank of Nigeria (CBN) initiated a sweeping bank recapitalisation exercise that has been unfolding since 2024. This regulatory reform represents one of the most consequential overhauls of the financial […]
Micro Insurance Gains Ground as Nigeria Pushes for Financial Inclusion
Microinsurance is gaining traction in Nigeria as insurers, regulators and fintech firms expand low-cost coverage to low-income households, supporting financial inclusion, health access and economic resilience. By Olukemi Odoh Microinsurance is steadily emerging as a critical pillar of Nigeria’s drive to expand financial inclusion and protect low-income households from economic shocks, even as challenges around […]
The 2025 Insurance Industry Act: Everything You Need to Know.
NAICOM The new Insurance Industry Reform Act marks a major reset for Nigeria’s insurance sector. Stronger capital rules and governance standards aim to protect policyholders and boost confidence. Its success will depend on careful and timely implementation By Uche Vera In a move hailed by government officials and industry players as a landmark overhaul, President […]
GAS SHORTFALL THREATEN BLACKOUT.
Chief Adebayo A. Adelabu Reduced gas supply has heightened risk of electricity outages nationwide – Olukemi Odoh reports. Nigerians face the possibility of widespread power supply disruptions as gas producers begin cutting supplies to thermal power stations across the country, further weakening electricity generation already under pressure due to persistent gas constraints. The shortage of […]
2025: FG Records Revenue Shortfall in Excess of 70 percent- Edun.
Wale Edun, Finance Minister. A major revenue gap has scutlled FG’s revenue projections this. Ɓy Olukemi Odoh The Federal Government has recorded a significant revenue shortfall in the 2025 fiscal year, with actual receipts falling far below budget projections, the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has disclosed. Speaking before […]
Troops Rescue Six kidnapped Worshipers in Kogi
The Army Launches Successful Operation, UnRescued Victims iting Six Kidnapped Worshipers with Their Families. Rescued Victims By Olukemi Odo Troops of the 12 Brigade of the Nigerian Army have rescued six people abducted by bandits from forests in Yagba East Local Government Area of Kogi State. The rescue operation took place in the Ejiba and […]
Tinubu to Appoint New Defence Minister After Incumbent Resigns.
Minister Badanu steps down over health concerns as President Tinubu prepares to nominate a new defence chief. Former Minister of Defence, Badaru By Uche Vera President Bola Tinubu is expected to name a new Minister of Defence this week following the resignation of the current minister, Mohammed Badaru Abubakar, who stepped down citing health reasons. […]