The National Association of Nigerian Students (NANS) and the National Association of Kwara State Students (NAKSS) have commended Kwara State Governor AbdulRahman AbdulRazaq for his substantial investments in students’ welfare and the education sector.  In a statement, Rafiu Ajakaye, the governor’s Chief Press Secretary, revealed that student leaders visited the Government House on Monday to express their gratitude to Governor AbdulRazaq. The students praised the administration for its significant contributions,…

Vice President Kashim Shettima has called for the adoption of technology-driven strategies to address the pressing security challenges facing Nigeria and the broader African continent.  Speaking on Monday during a courtesy visit by members of the Executive Intelligence Management Course 17 from the National Institute for Security Studies (NISS), Shettima emphasised that the current security and economic struggles demand innovative solutions, particularly through the use of Artificial Intelligence (AI). “Africa…

Osun State Governor Ademola Adeleke has reaffirmed his administration’s commitment to the welfare of senior citizens, as he addressed pensioners at a labour event held on Monday at the Local Government Service Commission. Governor Adeleke emphasised that his administration has consistently prioritized pension issues since assuming office in November 2022. “We have left no one in doubt about our passion to address the challenges facing pensioners. From day one, we…

Vice President Kashim Shettima has reiterated the federal government’s commitment to advancing gender equity in Nigeria through transformative policies.  Speaking on Monday during the H.I.D. Awolowo Foundation Webinar, held to commemorate the 109th posthumous birthday of Chief Hannah Idowu Dideolu Awolowo, Shettima emphasised the crucial role of women in building a balanced and equitable society. Shettima called for renewed national efforts to foster an inclusive society where women are empowered…

Two Nigerians, Anthony Ibekie and Samuel Aniukwu, were on Monday sentenced to a combined 30 years in prison by a United States federal court for defrauding American citizens of $3.5 million. In a statement published on the US Department of Justice website, the duo was said to have orchestrated a romance scam, luring victims with false claims of inheriting substantial fortunes that required upfront payments to access. The statement explained…

Governments of African countries have expressed dissatisfaction with the new collective quantified goal (NCQG) of $300 billion a year by 2035 climate finance deal proposed by world leaders at the United Nations Conference of Parties (COP29). On Sunday, November 24, at the closing plenary of COP29 in Baku, Azerbaijan, world leaders reached a consensus on the “Baku Finance Goal,” which aims to provide $300 billion annually to support climate adaptation…

The Port Harcourt Refinery in Rivers State has officially resumed crude oil processing, marking a significant milestone in Nigeria’s energy sector. According to Femi Soneye, the Chief Corporate Communications Officer of the Nigerian National Petroleum Company Limited (NNPCL), the refinery is set to operate at 60 percent capacity, processing 60,000 barrels of crude oil per day (bpd).This development is part of ongoing efforts to boost domestic refining capacity and reduce…

The Nigerian Labour Congress (NLC) has strongly criticized the National Bureau of Statistics (NBS) for its recently released unemployment data, which showed a decline in the national unemployment rate to 4.3% in Q2 2024. The NLC dismissed the report as “fiction,” accusing the NBS of presenting a misleading narrative that contradicted the harsh economic realities faced by Nigerians. Chris Onyeka, the NLC’s National Assistant General Secretary, described the figures as…

The Nigerian National Petroleum Company Limited (NNPCL) has requested an additional N1.19 trillion subsidy refund for July 2024, citing exchange rate differentials on Premium Motor Spirit (PMS) importation and joint venture taxes. This request has sparked concerns from state governments, who have raised questions about the NNPCL’s accounting practices and the transparency of its financial claims. According to a report from The PUNCH, the findings are based on the Federation…

A total of approximately N3.87 trillion has been earmarked for recurrent expenditure across 13 Nigerian states in their proposed budgets for the 2025 fiscal year. The recurrent expenditure accounts for a significant portion of the total budget proposed by the states, highlighting the emphasis on administrative costs, including salaries and overheads, while also directing substantial funds toward capital projects aimed at boosting infrastructure development. The total proposed budget across these…

Lagos State Governor, Babajide Sanwo-Olu, has suspended his Senior Special Assistant on Print Media, Mr Wale Ajetunmobi, following a controversial post on his personal X account. The suspension was confirmed in a statement issued by the Governor’s Special Adviser on Media and Publicity, Gboyega Akosile, on Tuesday, November 26. The statement, titled ‘Governor Sanwo-Olu suspends aide,’ highlighted that the suspension followed Ajetunmobi’s misrepresentation of facts related to a past incident…

The Securities and Exchange Commission (SEC) has revealed on Monday that banks and various corporate entities raised an impressive N2.7 trillion from the Nigerian capital market during the first eleven months of 2024. This robust figure underscores the heightened activity in investments, securities, and financial instruments as businesses strive to expand operations, contribute to economic growth, and enhance overall financial market dynamics. The SEC’s report highlights that the significant sum…