The World Bank has raised alarms over the deepening poverty crisis in Nigeria, revealing that nearly half of the population now lives below the international poverty line, even as Africa’s largest economy continues to report GDP growth. In its May 2025 edition of the Nigeria Development Update, the World Bank estimates that approximately 46 percent
The Federal Government of Nigeria has directed an immediate end to the practice of academic programme accreditations being carried out independently by professional bodies in Nigerian universities, except in collaboration with the National Universities Commission (NUC). This decision follows concerns the Federal Ministry of Education raised over the duplication of accreditation processes by various professional
Former Vice President Atiku Abubakar, former Labour Party presidential candidate Peter Obi, and former Kaduna State Governor Nasir El-Rufai have jointly adopted the African Democratic Congress (ADC) as the official platform for a new opposition coalition. According to a report by DAILY POST, the decision was reached during a high-level meeting held on Tuesday night.
The Federal Government has announced plans to dispose of a large residential estate in Abuja comprising 753 housing units, which were recently forfeited by former Central Bank Governor, Godwin Emefiele, who is facing trial over several financial misconduct allegations. The Ministry of Housing and Urban Development took official possession of the estate following a handover
A coalition of prominent Northern leaders under the banner of the Northern Bridge Builders Forum (NBBF) has publicly declared its support for President Bola Ahmed Tinubu’s re-election in 2027. The group cited the President’s policy reforms and leadership approach as key drivers of national progress, particularly in the areas of security, economic stabilization, and unity.
Governor Babajide Sanwo-Olu has inaugurated the newly constituted Lagos State Civil Service Commission, appointing Mrs. Boladele Dapo-Thomas, a seasoned public administrator and retired Permanent Secretary, as its Chairperson. The swearing-in ceremony took place at the Banquet Hall of the Lagos House in Ikeja on Tuesday, May 20, 2025 . The five-member commission, representing the state’s
Members of the Trade Union Congress of Nigeria, on Tuesday, protested over poor welfare, non-payment of allowance arrears and other emoluments for workers. During the protest at the Federal Ministry of Finance in Abuja, the aggrieved workers of the Nigerian Nuclear Regulatory Authority, under the aegis of the Petroleum and Natural Gas Senior Staff Association
Gov. Francis Nwifuru of Ebonyi has announced an increase in the monthly salaries and allowances of newly recruited medical doctors in the state, from N150,000 to N500,000. Nwifuru made the announcement in Abakaliki during the inauguration of the hospital equipment worth billions of naira and the state’s health activation programme which was in preparation for
The Forty Under 40 Global Awards are among the most prestigious recognitions for emerging leaders shaping the future of business, creativity, governance, and innovation. Celebrating excellence under the age of 40, the awards spotlight individuals who are making an impact in their fields and redefining what leadership looks like across continents. It is a global
The Central Bank of Nigeria (CBN) has significantly reduced its loan exposure to the Federal Government by over ₦4 trillion in 2024, marking a major shift in its monetary policy stance. This development reflects the apex bank’s commitment to restoring fiscal discipline and reducing its direct financing of government deficits. According to the CBN’s audited
