…Revives adult literacy commission By Adeyemi David Nigeria’s federal government has imposed a six-year moratorium on the establishment of new universities, polytechnics, and colleges of education, in a bid to strengthen the quality and financial sustainability of existing institutions. The decision was announced by Tunji Alausa after Wednesday’s Federal Executive Council (FEC) meeting in Abuja,…
No fewer than 10 persons, including nine soldiers, were killed and scores of women abducted when terrorists from the Islamic State West Africa Province attacked Ngoshe town in Gwoza Local Government Area on Wednesday night, BusinessDay reports. Sources said the heavily armed militants stormed the remote village shortly after residents broke their fast during the…
By Adeyemi David The Chief of Staff to the President, Femi Gbajabiamila, on Wednesday urged key government agencies to ensure a structured rollout and seamless implementation of the National Single Window (NSW) project ahead of its inauguration on March 27. Gbajabiamila made the call during a stakeholders’ meeting at the State House, describing the initiative…
By Seun Ibiyemi Guaranty Trust Holding Company Plc says it remains committed to delivering customer-focused financial solutions while expanding its ecosystem across banking, funds management, pensions, and payments. Head of Group Corporate Communication, Mrs. Oyinade Adegbite disclosed this to journalists on Wednesday in Lagos, emphasizing the bank’s long-standing focus on innovation, excellence, and understanding customer…
By Seun Ibiyemi The Group Managing Director of Zenith Bank Plc, Dr. Adaora Umeoji has called on women to step forward confidently, claim their value, and lead with purpose as the bank prepares to celebrate the 2026 International Women’s Day (IWD). Umeoji made the remarks on Wednesday in Lagos while speaking ahead of the bank’s…
By Seun Ibiyemi Investors on Wednesday lost about N101 billion on the Nigerian stock market as sell-offs in major stocks reversed two consecutive days of gains on the trading floor. The downturn was driven by heavy profit-taking in stocks such as Dangote Sugar Refinery Plc, Jaiz Bank Plc, Chemical and Allied Products Plc, Union Dicon…
By Seun Ibiyemi President Bola Tinubu has initiated plans to establish a Grid Asset Management Company (GAMCO) as part of efforts to strengthen Nigeria’s electricity transmission network and address persistent challenges in the power sector. The Minister of Information and National Orientation, Mohammed Idris, disclosed this on Wednesday after the meeting of the Federal Executive…
By Seun Ibiyemi The House of Representatives has intensified its investigation into alleged revenue leakages in Nigeria’s crude oil export chain, directing key government agencies to submit updated documents on pre-shipment inspection and the remittance of export proceeds. The directive was issued on Wednesday by an ad hoc committee of the House during a public…
By Seun Ibiyemi The Nigerian naira weakened further on Wednesday, March 4, 2026, as currency trading in both official and parallel foreign exchange markets reflected persistent demand pressures and liquidity stresses. In official mid-week trading at the Nigerian Foreign Exchange Market (NFEM), the naira opened around ₦1,379 per US dollar and fluctuated within a narrow…
By Seun Ibiyemi Newly sworn-in Inspector-General of Police, Olatunji Disu, on Wednesday declared his support for the establishment of state police, aligning with President Bola Tinubu’s push for security reforms. Disu spoke with State House correspondents shortly after he was sworn in as the 23rd Inspector-General of Police at the Presidential Villa, Abuja. Read also:…
