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INNOVATIONS: Enactus, NSE, NCDMB, others partner

INNOVATIONS: Enactus, NSE, NCDMB, others partner

By Ebunoluwa Sessou, Cynthia Alo & Precious Enaike In a bid to accelerate the commercialisation of homegrown engineering solutions capable of addressing Nigeria’s development challenges, Enactus Nigeria, has established a partnership with several organizations and stakeholders to nurture young engineering talents to transform innovative ideas into practical solutions for national development through the Nigerian Engineering Olympiad […]

EVs: Afreximbank wants Nigeria, other African countries to stop exporting Lithium

EVs: Afreximbank wants Nigeria, other African countries to stop exporting Lithium

By Emma Ujah President and Chairman of the Board of the African Export-Import Bank (Afreximbank), Dr. George Elombi, has tasked African nations to stop the export of Lithium, the main raw material used in the production of electric vehicle (EV) batteries. Nigeria is a major exporter of Lithium in Africa, though most of the quantity is […]

$1trn economy: FG targets stronger development finance, private capital

$1trn economy: FG targets stronger development finance, private capital

By Progress Godfrey The Federal Government has called for stronger development finance and greater private capital mobilisation to support its $1 trillion economy ambition, stressing that public funds alone cannot finance the country’s plan. Speaking at the Bank of Industry (BoI) Development Partners’ Roundtable and presentation of the 2025 Annual Development Impact Report (ADIR) in Abuja, […]

FG increases domestic borrowing by 241%

FG increases domestic borrowing by 241%

By Elizabeth Adegbesan  As part of the Federal Government (FG) borrowing plan for the 2026 budget, the Central Bank of Nigeria, CBN, has issued Treasury Bills, TBs, to raise N5.8 trillion in the third quarter of 2026 (Q3’26). This represents a 241 percent year-on-year (YoY) increase when compared to N1.76 trillion sold in Q3’25. CBN disclosed […]

Dollar to Naira exchange rate today, July 3, 2026

Dollar to Naira exchange rate today, July 3, 2026

The Nigerian Naira maintained a steady path against the United States Dollar at the start of Friday’s trading session, reflecting subtle shifts across both the official window and the parallel market.

Facts, Not Fear: A Reply to Senator Ede Dafinone

Facts, Not Fear: A Reply to Senator Ede Dafinone

By Godwin Anaughe Senator, your aide, Comrade Wilson Okorugbo, has put together a passionate defense of your record. I appreciate it — it shows that the original piece hit its target perfectly. However, a passionate defense doesn’t equate to a solid rebuttal, and what your camp has provided follows a familiar script: they talk extensively […]

NSITF enters strategic partnership for workplace safety

NSITF enters strategic partnership for workplace safety

By Victor Ahiuma-Young Nigeria’s drive to strengthen workplace safety and modernise employee compensation received a significant boost as the Nigeria Social Insurance Trust Fund, NSITF, signed a strategic Memorandum of Understanding,  MoU, with South Africa’s Rand Mutual Assurance, RMA, one of Africa’s oldest and most experienced social security institutions. The agreement, signed at the Fraser Suites […]

Court rejects El-Rufai’s fresh bail bid over disputed medical report

Court rejects El-Rufai’s fresh bail bid over disputed medical report

By Ibrahim Hassan-Wuyo A Kaduna State High Court has dismissed a fresh bail application filed by former Kaduna State Governor, Nasir El-Rufai, after the National Hospital, Abuja, disowned a medical report tendered in support of the request. Justice Darius Khobo rejected the application, which was based on claims that El-Rufai was suffering from advanced metastatic […]

Gbajabiamila aware of my appointment, alleged fake Presidential DG insists

Gbajabiamila aware of my appointment, alleged fake Presidential DG insists

By Dickson Omobola Prince Adeniyi Adeyemi, who allegedly paraded himself as the Director-General of the non-existent Presidential Foreign Intervention Promotion Council and Presidential Economic Advisory Council, Thursday, denied any wrongdoing, insisting that Chief of Staff to the President, Mr Femi Gbajabiamila, was aware of his appointment. Adeyemi, who is facing allegations of impersonation and related […]