The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) has entered into a groundbreaking partnership with Sterling Bank to provide a substantial ₦5 billion in single-digit interest loans to small businesses throughout Nigeria. This initiative aims to bolster the growth of Nigeria’s NSMEs by offering an attractive interest rate of 9%, addressing a critical…
In a dramatic turn of events, Kano State became the focal point of unrest as defiant protesters took to the streets of the ancient city. The cause of the unrest stemmed from a contradicting Appeal Court judgment that swiftly became viral, igniting tensions within the region. Reports indicated that the protest originated around the Kofar…
The Minister of Works, David Umahi, has unveiled a comprehensive plan that underscores the Federal Government’s commitment to revolutionizing Nigeria’s road infrastructure. Umahi revealed that a staggering $35 billion is required to initiate the construction of concrete roads across the nation. This ambitious initiative aims to address the long-standing challenges of road quality and durability,…
G20 Summit: President Bola Tinubu is set to embark on a significant diplomatic mission as he departs Abuja on Saturday for Berlin, Germany. The purpose of this journey is to attend theG20 Summit Compact with Africa (CwA) Conference scheduled for November 20, 2023. Hosted by German Chancellor Olaf Scholz, the conference will bring together Heads…
the Nigeria Government of Nigeria announced on Thursday the successful seizure of over N45 billion that was illegally looted from the national treasury. The Attorney-General of the Federation and Minister of Justice, Mr. Lateef Fagbemi, SAN, delivered this news during his opening address at the 40th Technical Commission/Plenary Meeting of the Inter-Governmental Action Group Against…
Nigeria’s Economic, under the leadership of Marine and Blue Economy Minister Adegboyega Oyetola, has announced an ambitious plan to diversify the nation’s economy. During the 2023 Investment Summit and Expo in Abuja, Minister Oyetola revealed a strategic roadmap aimed at harnessing the untapped potential within the maritime sector, envisioning a transformation that could generate $20…
Nigerian Army’s (NA) In a significant development, has underscored its commitment to collaborate with reputable stakeholders in the Defence and Security Industry. Lieutenant General Taoreed Lagbaja, the Chief of Army Staff (COAS), made this announcement during the Army Headquarters Fourth Quarter 2023 Procurement Seminar held at the Army War College Nigeria in Abuja on Tuesday,…
In a candid statement from Mecca, Saudi Arabia, President Tinubu revealed that his administration inherited significant liabilities from his predecessors. The president acknowledged the serious deficits in port and power infrastructure, as well as agro-allied facilities, emphasizing the need for urgent attention. Despite these challenges, President Tinubu maintained that his government would not make excuses…
In a candid statement at the Chief of Defense Intelligence Annual Conference 2023 in Abuja, National Security Adviser (NSA) Nuhu Ribadu pointed accusing fingers at the past administration led by President Buhari and his predecessors, attributing the current financial distress in Nigeria to the bankruptcy inherited from that era. Ribadu acknowledged the significant impact of…
Nigeria’s Education: In the wake of the Nigeria Annual Education Conference (NAEC) held in Abuja on August 11, 2023, urgent attention is required to breathe life back into the nation’s education sector. President Bola Ahmed Tinubu’s acknowledgment of the meager 5% budgetary allocation to education highlights the sector’s dire underfunding. This article explores the pressing…
