July 23, 2025 Renowned Nigerian philanthropist and businessman, Tony Elumelu, has announced a landmark donation of ₦25 billion to support the Lagos State Government’s “Produce for Lagos” initiative, a strategic agricultural scheme aimed at enhancing food security and reducing dependency on external food supplies. The announcement was made during a high-level stakeholders’ forum in Lagos,
The Federal Government has officially released the 2025 National Common Entrance Examination (NCEE) results for prospective students seeking admission into Junior Secondary School 1 (JSS1) across the nation’s 80 Federal Unity Colleges. The announcement was made by the Federal Ministry of Education through the National Examinations Council (NECO), the body responsible for conducting the annual
News Report – July 23, 2025 At least eleven commercial banks in Nigeria have exceeded the regulatory threshold of five percent for non-performing loans (NPLs), following an industry-wide reclassification of risk assets in April 2025. The Central Bank of Nigeria’s (CBN) guidelines stipulate that lenders must maintain NPL ratios below 5% to ensure financial system
News Report – July 23, 2025 The National Agency for Food and Drug Administration and Control (NAFDAC) has destroyed a massive consignment of 491,000 tablets of tramadol, with an estimated street value of ₦91 million, in Kano State. The operation, carried out on Tuesday, is part of NAFDAC’s intensified efforts to curb the circulation of
News Report – July 23, 2025 President Bola Ahmed Tinubu has formally sought the approval of the House of Representatives for a new loan facility intended to bolster Nigeria’s economic stability and finance key developmental projects. The loan request, which was presented to the lower chamber on Tuesday, outlines the Federal Government’s plan to source
News Report – July 23, 2025 In a significant stride toward strengthening the accounting profession in Nigeria and the West African region, the Institute of Chartered Accountants of Nigeria (ICAN) has formally inducted 1,328 new members into the Accounting Technicians Scheme West Africa (ATSWA). The induction ceremony, which held in Lagos on Tuesday, was marked
News Report – July 23, 2025 In a significant move against illegal wildlife trafficking, the Nigeria Customs Service, Kano/Jigawa Command, has intercepted and confiscated 420 kilograms of pangolin scales in its intensified efforts to curb the trade of endangered species. The seizure, which was made during a targeted operation in Kano, underscores the Service’s commitment
News Report – July 23, 2025 The Nigeria Police Force has recorded another major breakthrough in its efforts to stem the tide of violent attacks in Benue State, with the arrest of additional gun runners connected to recent killings in the region. The operation, led by operatives of the Force Intelligence Department, resulted in the
The House of Representatives is currently deliberating on a new legislative proposal that seeks to compel public officials and civil servants in Nigeria to exclusively use government-owned schools and healthcare facilities, in a bold effort to restore public confidence in the nation’s educational and health sectors. The bill, titled “A Bill for an Act to
Lagos is set to welcome a world-class British educational institution as Wellington College International partners with Rendeavour to establish its first African campus in Alaro City. The coeducational day and boarding school, scheduled to open in September 2027, will accommodate 1,500 students aged 3 to 18, offering the rigorous English National Curriculum alongside specialized programs
