The Federal Government recently made significant progress in eliminating massive payroll fraud, with the discovery of 45,000 “ghost workers” through the integration of the Bank Verification Number (BVN) system. Former…
MAIDS Micro-Insurance Launches Blockchain-Powered Model to Boost Transparency
Mutual Aid Specialist Micro-Insurance Limited (MAIDS) has launched its groundbreaking operations in Nigeria, introducing the country’s first Blockchain Hybrid Mutual Insurance (BLOHMI) model. This innovative approach is set to revolutionise…
Tinubu Approves N3.3tn Power Debt Bailout
President Bola Tinubu . Photo: X/@DOlusegun As the power sector struggles with liquidity challenges across the value chain, President Bola Tinubu has approved the payment plan to finally settle the…
Orile-Agege LCDA Invests N12 Million to Improve Waste Collection Services
One of the beneficiaries, Otunba Oladejo, hailed the initiative as unprecedented and acknowledged that the funding would enable operators to improve their services. However, he identified noncompliance with payment by…
SFS Real Estate Reports N4.1bn Profit
One of the country’s listed real estate investment trusts, SFS Real Estate Investment Trust, reported a striking 762 per cent increase in profit to approximately N4.1bn for the 2025 financial…
FG Boosts 2026 Borrowing Plan by N11tn
Similarly, Dr Aliyu Ilias, a development economist, cautioned against the negative impacts of borrowing on inflation and the cost of living. He advised the government to focus on alternative revenue…
FG Unveils Device Payment Plan to Boost Digital Access in Nigeria
Federal Initiative Expands Digital Access: New Credit Scheme Makes Tech Devices Affordable for Nigerian Workers The Nigerian government has unveiled a nationwide digital device financing program through the Nigerian Consumer…
Nigerias Foreign Exchange Inflows Reach $20.98bn Through October
Nigeria’s Foreign Exchange Reforms Drive Unprecedented Capital Inflows in 2025 The Central Bank of Nigeria (CBN) has reported a remarkable surge in foreign capital inflows, reaching US$20.98 billion in the…
Dangote Partners Honeywell to Raise Refinery Capacity to 1.4m bpd
The Dangote Group has entered a strategic partnership with Honeywell International Inc. to support a major expansion of the Dangote Petroleum Refinery, aiming to increase its processing capacity to 1.4…
