August 16, 2025

Blog

General

Gateway International Airport Sets Global Benchmark with World-Class Facilities

Abeokuta, July 28, 2025 — The newly operational Gateway International Airport in Ogun State has been hailed as a major milestone in Nigeria’s aviation sector, boasting cutting-edge infrastructure that places it on par with top international aviation hubs. Designed and constructed to meet global standards, the airport is fully equipped to handle aircraft of all

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General

Finance Minister Urges New NDIC Leadership to Harness Expertise for Institutional Excellence

Abuja, July 28, 2025 — The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, has charged the newly inaugurated management team of the Nigeria Deposit Insurance Corporation (NDIC) to deploy their wealth of experience in steering the agency toward improved efficiency, stability, and public trust in the financial system. Speaking during

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Business

Concerns Mount Over Transparency as Nigeria’s Promissory Note Debt Records Sharp Decline

Abuja, July 28, 2025 — Nigeria’s promissory note debt has recorded a significant reduction, sparking growing concerns among stakeholders and public finance observers over the transparency and accountability of the debt reconciliation process. While government officials have hailed the development as a step towards fiscal prudence, critics are questioning the methods and criteria used in

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Business

Economists Flag Low Productivity as Major Concern Despite Nigeria’s Rebased GDP Hitting ₦372.8 Trillion

Abuja, July 28, 2025 — Prominent economists have raised concerns over Nigeria’s persistent productivity gap, despite the recent rebasing of the Gross Domestic Product (GDP) which has expanded the nation’s economic output to ₦372.8 trillion. The rebasing exercise, carried out by the National Bureau of Statistics (NBS), reflects a broader and more current assessment of

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Business

Ogun State Secures $2.25 Billion Deal with ARISE IIP to Host World’s Largest Garment Factory

Abeokuta, July 27, 2025 — In a monumental stride toward industrial transformation, Ogun State is set to become home to the largest garment manufacturing facility in the world, following a landmark $2.25 billion (₦3.375 trillion) investment agreement with ARISE Integrated Industrial Platforms (ARISE IIP). The development was confirmed by state authorities and ARISE IIP officials

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General

Senate Approves President Tinubu’s Request for Over $21 Billion in Foreign Loans for 2025–2026

Abuja, July 27, 2025 — The Nigerian Senate has granted approval to President Bola Ahmed Tinubu’s contentious request for over $21 billion in foreign loans to finance critical infrastructure and developmental projects in the 2025–2026 fiscal period. The Senate’s endorsement followed an extensive deliberation during plenary on Friday, where lawmakers examined the president’s submission within

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Football Sports

Voice of Nigeria Issues Apology Over Premature WAFCON 2024 Final Result Publication

The management of the Voice of Nigeria (VON) has formally apologised to its subscribers and the wider public following the incorrect publication of the Women’s Africa Cup of Nations (WAFCON) 2024 final result on its official website on the night of Saturday, 26th July 2025. The erroneous report inaccurately declared Nigeria’s defeat against Morocco before

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General

Shettima Set to Participate in Second UN Food Systems Summit in Addis Ababa

Nigeria’s Vice President, Kashim Shettima, is scheduled to attend the upcoming Second United Nations Food Systems Summit slated to hold in Addis Ababa, Ethiopia. This high-profile summit brings together global leaders, policymakers, experts, and stakeholders to deliberate on innovative solutions for transforming food systems worldwide. Shettima’s participation underscores Nigeria’s commitment to addressing critical challenges related

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Politics

FAAN Inks Strategic MoU with Dubai’s ATOM Training Services to Drive Human Capital Growth

In a significant move to elevate Nigeria’s aviation workforce, the Federal Airports Authority of Nigeria (FAAN) has signed a strategic Memorandum of Understanding with Atom Aviation Training Services, a leading aviation training firm headquartered in Dubai. This partnership is geared towards advancing human capital development within Nigeria’s airport operations and management ecosystem. In formal statements

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World

Türkiye Struggles with Deadly Wildfires as Europe Swelters in Scorching Heat

A distinguished Turkish news service reports that Türkiye is contending with widespread and life‑threatening wildfires across multiple provinces, fuelled by an intense Mediterranean heatwave combined with strong gusts and bone‑dry conditions. In the provinces of Bursa and Karabük, major fires forced the evacuation of 1,765 and 1,839 residents respectively. In Bursa alone, the wildfire scorched

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