Author: Our Reporter

The Nigerian Army on Tuesday launched a two-day conference on aimed at boosting the efficiency of its supply and transport operations amid complex security challenges across the country. Major General Nansak Danjuma Shagaya, Commander of the Nigerian Army Corps of Supply and Transport, opened the event at the Muhammadu Buhari Auditorium in the Nigerian Army School of Supply and Transport in Benin Edo State. The conference, themed “Optimising ST Capabilities Towards Providing Effective Service Delivery to Nigerian Army Operations in All Missions,” seeks to review the corps’ performance in ongoing missions, foster professional dialogue, and address emerging logistical hurdles. “The…

President Bola Tinubu on Tuesday hailed his Senior Special Assistant on Media and Special Duties, Tunde Rahman for his “unwavering loyalty and dedication” in a birthday message marking his 60th birthday. In a statement by his Special Adviser on Information and Strategy Bayo Onanuga, President Tinubu highlighted Rahman’s longtime service as former media adviser and current senior aide. He credited Tunde with strong leadership and an exceptional work ethic, particularly during the lead-up to last year’s presidential election, when Tunde served as a key political liaison and media strategist. A veteran journalist and newspaper editor, Tunde brought professionalism to his…

Chief Group General Manager of the Nigerian National Petroleum Company (NNPC) Limited Bayo Ojulari on Tuesday declared that Nigeria was shifting from energy promises to execution, fast positioning itself as a dependable destination for global investment amid the world’s energy transition. Ojulari, stated this when he delivered a message at CERAWeek 2026 in Houston, United States – the influential energy conference organized by S&P Global. Speaking to executives, policymakers and industry leaders, the NNPCL Chief emphasized Nigeria’s stable policies, improving infrastructure and government backing as draws for capital. “We are not choosing between today and tomorrow; we are funding the…

The South East Development Commission (SEDC) on Tuesday unveiled a $50 million venture capital programme targeting to channel investment into startups across Southeast region. The idea is to boost the tech ecosystem in line with Nigeria’s broader ongoing economic reforms. According to a statement by the Commission, the scheme has been christianed the South East Venture Capital Programme, or SEVCP, and seeks to draw funding from public coffers, institutional investors, the Nigerian diaspora and private sources into high-growth areas like technology and digital businesses. NEDC said the initiative also aligns with President Bola Tinubu’s Renewed Hope Agenda, which emphasizes local…

Minister of Solid Minerals Development Dele Alake said that at least $2.5 billion in Foreign Direct Investment (FDI) has been attracted to the country over the past two and a half years under President Bola Tinubu’s administration. Speaking at the Powering Africa Summit in Washington, Alake linked the inflows to policy changes aimed at de-risking the sector, including digitizing licensing, strengthening tenure security, and improving access to geological data. NewsQuest reports that Nigeria’s solid minerals sector has recently become a major magnet for FDI, with targets for the government as part of a broader push to diversify the economy away…

President of Dangote Group- Aliko Dangote on Monday urged de-escalation in the Middle East after meeting with President Bola Tinubu, warning that the conflict’s fallout could deepen economic pain across Africa as global oil prices surge. Nigeria, though uninvolved in the fighting, would suffer indirectly from the volatility, Dangote said after the meeting in Lagos. “The world is a global village,” he told reporters. “It definitely will affect us, unfortunately, but we pray this situation will be sorted out.” Prolonged unrest risks destabilizing African economies already strained by debt and thin fiscal reserves, he added, echoing comments he made earlier…

The Federal Government and the European Union (EU) on Monday agreed to deepen bilateral ties in trade, investment, and security as geopolitical strains test the rules-based international order- with the nation battling terrorism, banditry, and other related crimes. European Union High Representative for foreign affairs and security policy Kaja Kallas met with President Bola Tinubu at his Lagos residence, where he pledged to boost trade, investment, and security ties between the two countries. The discussions include the National Security Adviser (NSA), Nuhu Ribadu, and the Minister of Budget and Economic Planning, Atiku Bagudu, with Ms. Kallas leading the EU delegation.…

Secretary to the Government if the Federation (SGF) Senator George Akume, inaugurated the board of the National Pension Commission (PenCom) on Monday, urging its members to emphasize transparency, accountability and integrity in overseeing the country’s pension system. NewsQuest reports that the appointment of the board indicates President Bola Tinubu’s administration’s  determination to strengthen pension management and protect workers’ retirement savings. “Today’s inauguration underscores the federal government’s unwavering commitment to a pension system that is transparent, resilient and trusted by all,” SGF Akume  told the board members. Akume reminded the board that its role, as defined by the 2014 Pension Reform…

Deputy Speaker of the House of Representatives Benjamin Kalu, declared on Monday that President Bola Tinubu’s re-election bid in 2027 remains a “done deal”. The Lawmaker praised President Tinubu administration’s performance and focus on youth empowerment. Speaking in Abuja while meeting with members of the Abia State chapter of the City Boy Movement, a pro-Tinubu youth group led by coordinator Mayor Lucky Igbokwe, Kalu expressed strong confidence in the President’s prospects. “As for 2027, it is a done deal. We will campaign with our policies and projects,” he said. Kalu, a chieftain of the All Progressives Congress (APC), also seen…

By Anule Emmanuel JPMorgan Chase, the world’s largest bank by market capitalization, is turning its ambitions for Nigeria into reality. In April 2025, the New York-based multinational banking giant applied to convert its long-standing representative office in Lagos into a full merchant banking branch, seeking a license from the Central Bank of Nigeria (CBN). The move, widely welcomed across stakeholders, amounts to a strong endorsement of Nigeria’s bold reform initiatives under President Bola Tinubu, even as the country grapples with lingering economic and security challenges. “When the world’s largest bank by market value expands into a market, it’s not mere…