August 2, 2025
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General

Tinubu Charges Governors on Poverty Eradication as NEC Endorses Renewed Hope Ward Plan

August 1, 2025 | Abuja  President Bola Ahmed Tinubu has urged state governors across Nigeria to make citizen welfare their central focus by intensifying efforts toward poverty eradication, agricultural modernization, rural electrification, and infrastructure development—key pillars of the administration’s broader vision for inclusive economic growth. Speaking at the 150th meeting of the National Economic Council

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General

Senate Pledges Strategic Collaboration with Nigerian Army to Bolster National Security

Abuja, August 1, 2025  The Nigerian Senate has reaffirmed its commitment to fostering strong legislative support for the Nigerian Army in a bid to strengthen national security and address the evolving security challenges confronting the country. This assurance was given during a high-level engagement between members of the Senate Committee on Army and the leadership

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Empowerment General Youths

Wema Bank Champions Youth Empowerment through Financial Literacy and Educational Mentorship

Lagos, August 1, 2025  Wema Bank Plc has reaffirmed its commitment to youth development in Nigeria by intensifying its nationwide drive for financial literacy and educational mentorship. This initiative, aimed at nurturing a financially aware and economically active generation, continues to impact millions of young Nigerians positively. According to a recent report by education correspondent

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Airport General

FG Approves ₦46.39 Billion for Malam Aminu Kano International Airport Upgrade

Abuja, August 1, 2025  In a renewed drive to boost Nigeria’s aviation infrastructure, the Federal Government has approved the sum of ₦46.39 billion for the comprehensive upgrade of Malam Aminu Kano International Airport in Kano State. The approval was granted during the latest Federal Executive Council (FEC) meeting presided over by President Bola Ahmed Tinubu

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General NCC

NCC, NiRA Clamp Down on MovieBox.ng in National Crackdown on Illegal Streaming

Abuja, August 1, 2025  In a decisive move against digital piracy, the Nigerian Communications Commission (NCC) and the Nigeria Internet Registration Association (NiRA) have successfully shut down MovieBox.ng, a prominent website notorious for illegally streaming copyrighted movies and entertainment content. The operation, part of a wider national crackdown on intellectual property theft in Nigeria’s digital

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General

African Airlines Boost Cargo Capacity by 6.2% in June Despite Dip in Demand – IATA

August 1, 2025  African airlines recorded a 6.2% increase in cargo capacity in June 2025, even as overall demand for air freight dropped by 3.9% year-on-year, according to the latest report from the International Air Transport Association (IATA). The report highlighted a regional contrast between rising operational capability and shrinking demand, reflecting a complex operating

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General

MTN Nigeria Nears Recovery as FX Losses Set to Be Cleared by Next Quarter

August 1, 2025  MTN Nigeria is on the verge of fully recovering from the substantial foreign exchange (FX) losses that have weighed heavily on its financial performance in recent quarters. The telecoms giant announced that, barring any further currency shocks, it is just one quarter away from erasing the impact of the naira’s sharp devaluation

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General

Wema Bank Reports 229% Profit Surge in H1 2025 as Interest Income Hits ₦240.6 Billion

August 1, 2025 Wema Bank Plc has recorded a remarkable 229% surge in profit for the first half of 2025, driven by significant growth in interest income and strong operational performance across its digital and retail banking segments. According to the bank’s unaudited financial results released to the Nigerian Exchange Group (NGX), profit before tax

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General

Katsina Govt Approves ₦23.8 Billion for Key Projects in Infrastructure, Health, Security, and Tourism

Katsina, August 1, 2025  The Katsina State Government has approved a comprehensive funding package totaling ₦23.8 billion to drive major development projects across the state, with allocations targeting infrastructure, healthcare, internal security, and tourism enhancement. The approval was announced following the State Executive Council meeting presided over by Governor Dikko Umaru Radda, who reaffirmed his

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General

Average Price of 5kg Cooking Gas Hits ₦8,323 in June 2025 – NBS Report

Abuja, August 1, 2025  The National Bureau of Statistics (NBS) has revealed a sharp increase in the average cost of refilling a 5-kilogram cylinder of Liquefied Petroleum Gas (LPG), commonly known as cooking gas, which rose to ₦8,323.54 in June 2025. This figure marks a significant month-on-month increase from the ₦7,577.35 recorded in May 2025,

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