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Kenya Pushes Ahead With Chinese-Led Highway Plan

Kenya advances a major highway upgrade with Chinese partners, boosted by Tony Elumelu’s investment pledge.

First HoldCo Completes Sale of FBNQuest Merchant Bank

First HoldCo completes its divestment of FBNQuest Merchant Bank as Otedola advances a group-wide restructuring strategy.

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In Five Years, FAAN Remits Over N218bn to Federation Account

For 2020 to 2024, FAAN remits over N218bn to Nigeria's Federation Account and N352.2m in stamp duty payments.

Senate Orders NRC To Reinstate Engineer Ukpe Over Wrongful Dismissal

Senate orders reinstatement, all outstanding entitlements of Engr Aniekan Ukpe, over wrongful dismissal by NRC.

Naira Plummets to N1,780/$1 as Forex Volatility Grows

The naira plummets to N1,780/$1 in the black market, reversing gains as forex volatility raises concerns about Nigeria’s economic stability

NSIB Opens Inquiry into Abuja Cargo Plane Runway Incident

Nigerian Safety Investigation Bureau investigates Allied Air Boeing 737 runway excursion at Abuja Airport; no injuries reported.

NAFDAC Destroys Smuggled, Fake Drugs Worth $6.88 million in Oyo

NAFDAC destroys fake drugs worth N11 billion in Oyo, safeguarding Nigeria's public health and cracking down on counterfeit and unregistered products.

Nigeria’s Oil Dependence and Path to Economic Diversification

Nigeria’s oil dependence exposes its economy to price shocks, but diversification into agriculture, tech, and minerals aims to ensure economic stability

FCT Workers Reject January Date for N70,000 Minimum Wage

Area Council Chairmen propose January 2025 implementation of N70,000 minimum wage, but FCT workers insist on December 2024.

Olafeso: PDP Would Emerge Stronger From Internal Crisis

In predictions of a stronger party, unity, coalitions and reforms needed, PDP leader Eddy Olafeso urges PDP to stand against APC dominance in future elections.

Tinubu Names Ogunjimi Acting Accountant General of the Federation

President Tinubu appoints Shamseldeen Ogunjimi as acting accountant general, replacing Oluwatoyin Madein, who proceeds on pre-retirement leave

Nigeria’s Anti Corruption Fight Faces Key Barriers: EFCC boss

Barriers to Nigeria’s anti corruption fight, including public cynicism, tenure insecurity, and weak systems of accountability are highlighted by EFCC boss.

Village in Zamfara Gripped by Fear after Dozens Kidnapped

Armed attackers abducted more than 50 women and children in Zamfara State, underscoring persistent insecurity in northwest Nigeria.

Challenges Facing Nigeria’s Urban Green Spaces

Nigeria’s green spaces face threats from urbanization, poor planning, and land mismanagement, raising concerns about environmental sustainability.

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Kenya Pushes Ahead With Chinese-Led Highway Plan

Kenya advances a major highway upgrade with Chinese partners, boosted by Tony Elumelu’s investment pledge.

First HoldCo Completes Sale of FBNQuest Merchant Bank

First HoldCo completes its divestment of FBNQuest Merchant Bank as Otedola advances a group-wide restructuring strategy.

Nigeria Sets A Year Deadline for Schools to Meet New Standards

Nigeria’s NSSEC has issued a one-year deadline for National Minimum Standards compliance as states face new requirements for teachers, facilities and curriculum.

CBN Raises N7.85tn in OMO Bills Auction in November

CBN sold N7.85 trillion in OMO bills in November, drawing banks and foreign investors as it works to drain excess system liquidity.