Mr. Ribadu emphasized the Tinubu administration’s significant accomplishments in reducing insecurity, concentrating on specific regions and the security risks that are unique to them. In the first two years of President Bola Tinubu’s administration, 15,543 insurgents were killed nationwide, according to National Security Advisor Nuhu Ribadu. He went on to […]
Day: May 23, 2025
The Federal Government of Nigeria, through the Debt Management Office (DMO), has announced it will auction N300 billion worth of bonds on May 26, 2025, as part of efforts to finance the national budget and strengthen the local debt market. Details of the upcoming auction, released via an official circular […]
The naira experienced a mild depreciation in the official market on Thursday, closing at N1,585 to the U.S. dollar, slightly weaker than the previous day’s rate of N1,584/$1. This marginal dip followed two consecutive sessions of significant gains after the Central Bank of Nigeria (CBN) unveiled its latest monetary policy […]
Umo Eno, the governor of Akwa Ibom State, has ordered all of his commissioners and appointees to either quit their jobs or defect to the All Progressives Congress (APC) with him. The governor claimed that despite his passion for the PDP, the party’s continuous internal strife prevents him from […]
Lenovo, the world’s largest PC manufacturer, has posted a sharp 64% decline in quarterly profits, citing a drop in warrant value and shrinking margins in parts of its enterprise operations. The company reported a net profit of $90 million for the quarter ending March 31—well below analysts’ expectations of approximately […]
MTN Nigeria’s General Manager for Regulatory Affairs, Ikenna Ikeme, has emphasized the critical role of local content in Artificial Intelligence (AI) systems to deliver accurate and region-specific outcomes across Africa. Speaking at the recent Network of African Data Protection Authorities (NADPA) Conference in Abuja, Ikeme stressed that while data has […]
Mr. Ola Olukoyede, the Executive Chairman of the Economic and Financial Crimes Commission, has cautioned the nation’s youth to avoid the urge for instant wealth and instead pursue a career of honesty and hard labor. On Wednesday, May 21, 2025, he issued the warning through the Acting Director of the […]
Eight online scammers have been found guilty and given jail sentences by Federal High Court judge R.M. Aikawa in Kaduna. The Economic and Financial Crimes Commission, EFCC, Kaduna Zonal Directorate, prosecuted the convicted individuals, Ogar Joseph, Nanbut David Dauda, Abah Mathew Arome, Fasikun Lekan, Daniel John, Gideon Dennis, Friday Emmanuel, […]