Author: NewsQuest

Vice President Kashim Shettima arrived in Sierra Leone on Sunday to represent President Bola Tinubu at the 69th Ordinary Session of the Authority of Heads of State and Government of the Economic Community of West African States. Stanley Nkwocha Senior Special Assistant to the President on Media & Communications office of the Vice President in a statement said, Shettima was met at Lungi International Airport by Sierra Leone Vice President Mohamed Juldeh Jalloh and a Nigerian delegation that included Foreign Minister Bianca Odumegwu-Ojukwu; Minister of State for Foreign Affairs Sola Enikanolaiye; Nigeria’s high commissioner to Sierra Leone, Ayo Luther-Ogbomode; and…

Imo State Governor Hope Uzodimma has likened President Bola Tinubu to Singapore’s founding leader Lee Kuan Yew, praising his sweeping economic reforms and predicting the President’s Tinubu second term in 2027 general election. Speaking at a state dinner at the Government House in Owerri, Governor Uzodimma said President Tinubu, who took office on May 29, 2023, arrived ready to confront Nigeria’s economic problems and moved quickly to implement reforms. “The old order is gone and there is now a new order. President Tinubu knew exactly what he came to do,” the Imo Governor said. According to a statement by Tunde…

Aliko Dangote’s flagship refinery has secured about $2.5 billion in a private share placement as the company moves toward what could become one of Africa’s largest initial public offerings. Dangote Petroleum Refinery & Petrochemicals FZE sold roughly 6% of the business, valuing the Lagos-based complex at about $40 billion, our correspondent gathered. Demand for the offering reached roughly $4 billion, well above the shares available, reports indicate. The fundraising proceeded in phases, with approximately $2 billion raised initially and an additional $500 million secured later, largely from regional institutional investors, sources said. The equity sale follows a $750 million debt…

Vice President Kashim Shettima on Friday urged local government chairmen across the country to accelerate the full roll‑out of the nation’s Nutrition 774 (N‑774) initiative, saying stronger grassroots structures are essential to translate national policies into better health outcomes. Speaking at the Presidential Villa in Abuja during a courtesy call from the National Executive Committee of the Association of Local Governments of Nigeria (ALGON), Vice President Shettima directed the association to activate and fortify Local Government Committees on Food and Nutrition so they function as “centres of planning, coordination, implementation and accountability” in every council. “The commitment of His Excellency,…

President Bola Tinubu on Friday signed an executive order establishing a coordinated Federal framework for virtual-asset oversight, seeking to patch regulatory gaps that officials say have left Nigerians exposed to fraud, money-laundering and other risks tied to cryptocurrencies and related technologies. Special Adviser on Information and Strategy to the President Bayo Onanuga in a statement said the Presidential Executive Order on Virtual Assets Coordination, 2026, which takes effect immediately, creates a Virtual Asset Council to harmonize the work of agencies that have so far approached digital-assets issues in isolation. He said the council will be chaired by the Central Bank…

President Bola Tinubu has declared the 250-hectare Abuja City Walk as a catalyst for economic transformation in the Federal Capital Territory, saying the mixed-use development will open “a window to a multi‑billion‑dollar future.” Speaking at the unveiling of the project’s sales office and experience centre in Abuja, President Tinubu — represented at the event by Vice President Kashim Shettima — described the development, sited in Lugbe along the Abuja Airport Expressway, as among the most ambitious private-sector investments in Nigeria’s history. “On assuming office, we pledged to make the nation’s capital a global beacon of governance, commerce and modern living,”…

The Presidency on Thursday praised Governor Hope Uzodimma’s infrastructure agenda in Imo State, calling a series of projects visited during a national media tour “evidence of purposeful leadership” and effective federal‑state collaboration. Members of the Presidential Communications Team and more than 40 senior journalists joined the Renewed Hope Ambassadors delegation for inspections of completed and ongoing sites across the state. A statement signed by the Senior Special Assistant to the President on Media and Special Duties who doubles as Director-General Media of the Renewed Hope Ambassadors Tunde Rahman highlighted projects that signal a shift toward health, education, technology and regional…

President Bola Tinubu on Thursday unveiled roughly $3 billion in World Bank–backed social-protection and human-capital programmes intended to translate the gains of his administration’s economic reforms into tangible improvements for ordinary Nigerians. Speaking at the launch of the programme at the Presidential Villa, President Tinubu described the package as the next phase of his “Renewed Hope Agenda,” saying that macroeconomic progress — including the return of investor confidence and nascent growth — must be matched by improvements in household welfare. “Positive results are emerging from our reforms,” he said, according to remarks delivered by Finance Minister and Coordinating Minister of…

The Securities and Exchange Commission has launched a nationwide public-education campaign aimed at recovering millions of naira in unclaimed dividends and other investor funds held after corporate actions, The initiative, which kicked off with a town-hall meeting in Lagos, seeks to raise awareness about dormant investor balances and to walk savers through the procedures required to verify and reclaim legitimate claims, the commission said. The outreach will be extended to the six geopolitical zones and the Federal Capital Territory, and will use social and electronic media to widen reach. “The Commission considers this situation unacceptable. Funds belonging to investors should…

Minister of Solid Minerals Development Dr. Dele Alake, has pledged to reinforce public communication of government policies after receiving a fellowship from the Advertising Regulatory Council of Nigeria. The honour, bestowed in a ceremony at his Abuja office, recognized Alake’s role in strategic communications, ethical public engagement and efforts to advance the country’s mining reforms. In remarks after the presentation, the Minister said the award validated “the critical role of effective communication in governance” and promised to make information on policies and programmes more accessible to Nigerians. “The recognition will reinforce my commitment to openness, accountability and sustained engagement with…