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
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
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
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
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
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
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
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,
August 1, 2025 The recent allocation of land by the Akwa Ibom State Government for the establishment of a Forward Operational Base (FOB) for the Nigerian Air Force (NAF) marks more than just a ceremonial handover, it is a powerful testament to growing civil-military collaboration in safeguarding Nigeria’s sovereignty and critical national assets. As Nigeria
The Oyo State House of Assembly on Thursday passed a N299.8 billion supplementary budget, expanding the state’s 2025 fiscal plan from N684.1 billion to N984 billion. Lawmaker Sunkanmi Babalola, Chairman of the House Committee on Budget, Finance and Appropriation, explained that the additional funds would cover critical projects omitted in the original budget.
