Lagos Revenue Rises By 45% To N1.3trn In 2024

Lagos State recorded a 45 per cent growth in revenue to N1.3 trillion in 2024, from N895 billion recorded in 2023. This was revealed by the Commissioner for Finance, Abayomi Oluyomi, in a statement to mark the second year of the second

by News Editor

May 14, 2025

Economy·News

Nigeria To Receive $3bn Telecoms Infrastructure In June – Minister

The Minister of Communications, Innovation and Digital Economy, Bosun Tijani, has disclosed that Nigeria is set to receive telecommunications equipment and fibre optic infrastructure worth $3 billion in June 2025. Speaking during a panel session at the Nigeria Development Update (NDU) organised

by News Editor

May 13, 2025

Economy·News Update

FEC Approves Group Life Insurance For Govt Officials, Civil Servants

The Federal Executive Council has approved a group life insurance scheme for federal government officials, civil servants, and some other workers at the federal level. The approval was given at the FEC meeting presided over by President Bola Tinubu at the Council

by News Editor

May 13, 2025

News Update

Tinubu Swears In Two New INEC Commissioners, Yakubu Denies Sack

President Bola Tinubu on Monday swore in two newly appointed commissioners of the Independent National Electoral Commission (INEC), as its Chairman, Mahmood Yakubu, dismissed widespread speculation that he had been removed from office. Speaking with State House correspondents shortly after the Federal

by News Editor

May 12, 2025

News Update

UK Stops Overseas Recruitment For Social Care Visas

The UK government has announced an end to overseas recruitment for social care visas, as part of immigration policies unveiled by the, Prime Minister, Keir Starmer, in a White Paper to help Britain strengthen control of its borders and reduce migration. “In

by News Editor

May 12, 2025

Economy·News

EFCC Says Tompolo Has Questions To Answer Over Alleged Naira Abuse

The Economic and Financial Crimes Commission (EFCC) says it will take action against Chief Government Ekpemupolo, better known as Tompolo, over an allegation of Naira abuse. Tompolo was spotted in a viral video, reportedly during his 54th birthday celebration in April, dancing

by News Editor

May 12, 2025

News·Politics

Saraki To Chair PDP Reconciliation Committee Ahead Of NEC Meeting

The Peoples Democratic Party (PDP) has set up a committee headed by a former Senate president, Bukola Saraki, to reconcile aggrieved members ahead of its National Executive Committee meeting. This was disclosed at the end of a meeting held at the Abuja

by News Editor

May 12, 2025

Economy·News

OpenAI Decides Against Becoming a For-Profit Company

OpenAI CEO Sam Altman on Monday said the company behind ChatGPT would continue to be run as a nonprofit, as it abandoned a highly contested plan to turn into a for-profit organization. The issue had become a serious point of contention for

by News Editor

May 12, 2025

News

Court Adjourns N12.3bn Fraud Case Against Honeywell Chairman Otudeko

Justice Chukwujekwu Aneke of the Federal High Court in Ikoyi, Lagos, on Thursday, May 8, 2025, adjourned proceedings in the N12.3bn fraud case involving the Chairman of Honeywell Group, Oba Otudeko, and three others, until June 11, 2025, for “a report on

by News Editor

May 12, 2025

News Update

Falana Seeks Probe Into Alleged Diversion Of $3.4bn IMF Loan

Human Rights lawyer, Femi Falana, SAN, has called on the Economic and Financial Crimes Commission (EFCC) and the Independent Corrupt Practices and Other Related Offences Commission (ICPC) to investigate the alleged criminal diversion of the $3.4 billion loan obtained from International Monetary

by News Editor

May 12, 2025

Life & Style·News

AMVCA 2025 Awards: Full List of Winners As Lateef Adedimeji’s Lisabi Wins Big

The 11th edition Africa Magic Viewers’ Choice Awards (AMVCA) was held in Lagos, Nigeria, on Saturday night at an event that attracted a galaxy of stars from across the continent. The star-studded night, hosted by IK Osakioduwa, celebrated excellence in African film

by News Editor

May 11, 2025

Economy·News

Dangote Says No Competition With NNPCL

The President and Chief Executive Officer of Dangote Group, Aliko Dangote, on Thursday said there is no rivalry between his organisation and the Nigerian National Petroleum Company Limited (NNPCL), reaffirming a shared commitment to collaboration in Nigeria’s energy sector. Dangote made the

by News Editor

May 11, 2025

News

Nigeria Records At Least 119,000 Data Breaches In Q1 2025 — Report

A report by the cybersecurity firm Surfshark shows that at least 119,000 user accounts in Nigeria have been compromised so far in 2025. The company ranks Nigeria third in Sub-Saharan Africa for total breaches since 2004, with 23.2 million compromised accounts. A

by News Editor

May 10, 2025

Economy·News

STATEHOUSE PRESS RELEASE: PRESIDENT TINUBU WELCOMES NEW INVESTMENT INITIATIVES FROM QATAR, AFFIRMS NIGERIA’S READINESS FOR STRATEGIC PARTNERSHIP

President Bola Tinubu has welcomed new initiatives by Qatari investors to explore opportunities in the agricultural sector and assured that Nigeria remains open to strategic partnerships. The President gave the assurance on Friday at the State House while receiving Dr Mohammed bin

by News Editor

May 9, 2025

News

Ali Pate, Bako-Aiyegbusi Named On TIME’s 100 Global Health Influencers List

The Coordinating Minister of Health and Social Welfare, Muhammad Ali Pate, and the Director of Nutrition at the Federal Ministry of Health and Social Welfare, Ladidi Bako-Aiyegbusi, have been named among TIME Magazine’s 100 Most Influential People in Global Health. The 2025

by News Editor

May 9, 2025

News Editor

Lagos Revenue Rises By 45% To N1.3trn In 2024

Nigeria To Receive $3bn Telecoms Infrastructure In June – Minister

FEC Approves Group Life Insurance For Govt Officials, Civil Servants

Tinubu Swears In Two New INEC Commissioners, Yakubu Denies Sack

UK Stops Overseas Recruitment For Social Care Visas

EFCC Says Tompolo Has Questions To Answer Over Alleged Naira Abuse

Saraki To Chair PDP Reconciliation Committee Ahead Of NEC Meeting

OpenAI Decides Against Becoming a For-Profit Company

Court Adjourns N12.3bn Fraud Case Against Honeywell Chairman Otudeko

Falana Seeks Probe Into Alleged Diversion Of $3.4bn IMF Loan

AMVCA 2025 Awards: Full List of Winners As Lateef Adedimeji’s Lisabi Wins Big

Dangote Says No Competition With NNPCL

Nigeria Records At Least 119,000 Data Breaches In Q1 2025 — Report

STATEHOUSE PRESS RELEASE: PRESIDENT TINUBU WELCOMES NEW INVESTMENT INITIATIVES FROM QATAR, AFFIRMS NIGERIA’S READINESS FOR STRATEGIC PARTNERSHIP

Ali Pate, Bako-Aiyegbusi Named On TIME’s 100 Global Health Influencers List

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