The Economic and Financial Crimes Commission (EFCC) has assured individuals who invested in the troubled CBEX digital trading platform that they will receive full refunds. The anti-graft agency confirmed it had already initiated a probe into the platform before the recent surge in public outcry. The CBEX platform, which promised investors a 100% return on
The Independent Media and Policy Initiative (IMPI) has issued a statement to clarify and correct the deliberate misinterpretation of Nigeria’s development loan data by Senator Mohammed Ali Ndume. The senator, in a recent television interview, raised concerns about Nigeria’s development loans, particularly criticizing the $9.45 billion in borrowings since June 2023. IMPI is compelled to
Over the past year, Governor Babajide Sanwo-Olu’s administration has prioritized transformative infrastructure, energy reforms, and grassroots governance, positioning Lagos as a model for sustainable development. Key achievements include: Bottom Line: Governor Sanwo-Olu’s administration has balanced immediate challenges with long-term vision, leveraging infrastructure, policy reforms, and partnerships to solidify Lagos as Nigeria’s economic and innovation hub.
Nigeria’s three tiers of government Federal, State, and Local Government Councils (LGCs) have received a combined allocation of N1.578 trillion from the total N2.411 trillion revenue generated in March 2025, according to the latest Federation Accounts Allocation Committee (FAAC) report. The Federal Government secured the lion’s share with N615.11 billion, states received N511.79 billion, and
Women farmers in Gombe State are raising the alarm over crippling post-harvest losses that continue to erode their hard-earned gains and threaten the state’s food security. Through the Small-scale Women Farmers Organisation of Nigeria (SWOFON), these women have passionately appealed to the Gombe State Government to urgently invest in modern processing and storage facilities, as
