July 31, 2025 | Abuja, Nigeria A Federal High Court in Abuja has dismissed an application filed by the Nigerian Insurers Association (NIA) seeking to stop the House of Representatives Committee on Public Accounts from investigating the alleged mismanagement of over N98 billion in the nation’s insurance sector. The NIA, a leading umbrella body for
July 31, 2025 | Lagos, Nigeria The International Air Transport Association (IATA) has projected a steady 4.1% annual growth rate for Africa’s aviation industry, estimating that passenger traffic on the continent will double by the year 2044. This projection was contained in IATA’s latest 20-year Air Passenger Forecast released on Wednesday, highlighting Africa’s significant growth
Abuja | July 31, 2025 — The Federal Government is set to host a landmark event tagged the Progressive Digital Media Summit, aimed at highlighting the transformative role of new media in driving Nigeria’s national development. Themed “Unveiling the Critical Role of New Media in National Development”, the summit will hold from August 1st to
ILORIN, KWARA STATE – July 31, 2025 Engr. Abu Salami officially assumed leadership as the new President of the Kwara Chamber of Commerce, Industry, Mines and Agriculture (KWACCIMA) on Monday, July 29, 2025. He took over from Barrister Oluronke Adeyemi (SAN), marking a significant transition for the state’s prominent private sector body. KWACCIMA functions as
Abuja | July 31, 2025 — The Federal Government has officially commenced plans for the construction of light rail transport systems across northern Nigeria, with initial focus on Kano and Kaduna States. The Minister of Transportation, Senator Saidu Alkali, disclosed this on Wednesday during a press briefing in Abuja, stating that the move is part
Bauchi | July 31, 2025 — The Nigerian National Petroleum Company Limited (NNPCL) has intensified its push for hydrocarbon development in Northern Nigeria with the successful drilling of four new oil wells in Bauchi State. This milestone is part of the ongoing Kolmani Integrated Oil Field project, aimed at unlocking the oil and gas potential
Lagos | July 31, 2025 — FirstHoldco Plc, the non-operating holding company of Nigeria’s oldest financial services group, has posted a robust ₦169.6 billion profit before tax for the second quarter of 2025, marking one of the earliest major financial declarations of the earnings season. This impressive figure represents a significant year-on-year growth, reinforcing FirstHoldco’s
July 31, 2025 | Abuja — President Bola Ahmed Tinubu has approved the appointment of the Governing Council and principal officers for the newly established Federal University of Technology located in Ogoniland, Rivers State, marking a critical step in the institution’s operational takeoff. According to a statement from the Presidency on Wednesday, the appointments form
The Speaker of the House of Representatives, Tajudeen Abbas, has said that 55% of Nigeria’s youth are either unemployed or underemployed due to a lack of technical and vocational skills needed in today’s job market. Abbas made the statement on Wednesday during a public hearing organised by the House Committee on Polytechnic and Higher
The Nigerian National Petroleum Company Limited (NNPCL) has drilled four oil wells in the Kolmani area of Bauchi State as part of its efforts to expand oil and gas exploration in northern Nigeria. Yusuf Usman, a director at the NNPCL, disclosed this on Wednesday during an interactive session on government-citizens engagement organised by the
