Category : Search result: Nigeria national assets


Prof Onwueme Calls for Major Education Investment

Nigerian literary icon, Prof Osonye Tess Onwueme, marks 70th birthday with a powerful plea for increased funding and value restoration in the country's education sector. Read her full statement.

Chappal Energies gets $430m financing for oil assets

Chappal Energies secures a $430 million reserve-based lending package to refinance its acquisition of Equinor's Nigerian assets and fund development. This deal highlights investor confidence in well-structured African upstream projects despite tight capit

7 Proposed Nigerian States Scale 2nd Reading in 2025

In 2025, Nigeria's push for new states gained momentum as seven proposals, including Ibadan and Etiti, passed second reading. Explore the key bills and the drive for constitutional restructuring.

Ex-UN Envoy Rejects Death Penalty for Kidnappers

Former UN Human Rights Envoy, Prof. Uchenna Emelonye, urges Nigerian Senate to strengthen security institutions, not expand capital punishment laws, to effectively combat kidnapping and banditry.

Tinubu Vows to Hunt Down Terrorism Financiers

President Bola Tinubu pledges to target terrorism financiers and armed groups under a new national security doctrine. Read his full statement from the 2026 budget presentation.

Tinubu Presents N58.18 Trillion 2026 Budget to NASS

President Bola Tinubu presents the 2026 'Budget of Consolidation' to the National Assembly, targeting N58.18 trillion in spending with priorities on security, human capital, and infrastructure. Read the full details.

EU Summit Deadlock Over Russian Assets for Ukraine

EU leaders meet in a crucial summit to unlock €210bn in frozen Russian assets for Ukraine, but face strong opposition from Belgium. Will they find a deal before Ukraine's cash crunch hits?

IBEDC Blames Outages on Reduced Grid Supply

IBEDC apologises for prolonged power outages in Oyo, Ogun, Osun, and Kwara, citing reduced allocation from the national grid. The company is engaging with TCN for a solution. Read more.

Microsoft Trains 4M+ Nigerians, Targets 350k More in AI

Microsoft reveals its partnership with Nigeria has trained over 4 million citizens in digital skills since 2021. The tech giant now plans to train 350,000 more in AI to harness Africa's $1.5 trillion opportunity. Read more.

IBEDC Blames Power Outages on Reduced Grid Supply

IBEDC attributes prolonged power outages in its franchise area to reduced allocation from the national grid. The company is engaging TCN for a solution while cracking down on energy theft.

NLC Warns of Strike if Protest is Disrupted

Nigeria Labour Congress warns of a nationwide indefinite strike if Wednesday's Day of Protest is violently disrupted. The union cites intelligence on planned infiltration.

Nigeria Added to US Travel Restrictions List

The United States has added Nigeria to a list of countries facing new travel restrictions. President Trump's proclamation cites security screening deficiencies. Learn what this means for Nigerian travellers.

Kuje Inmates Graduate with NOUN Degrees

Six inmates at Kuje Medium Security Custodial Centre have earned university degrees from NOUN, showcasing education's power for rehabilitation. Read their inspiring stories of hope and purpose.

Abode Assets Rewards Team with Qatar, Rwanda Training

Abode Assets Limited has concluded an international bootcamp for 16 top associates and customers in Qatar and Rwanda. The program aimed to boost professional skills and global exposure for wealth creation.

EU's Ukraine Funding Plan Exposes Hypocrisy on Colonial Debt

The EU's plan to use €210bn in frozen Russian assets for Ukraine faces legal risks, while ignoring calls for colonial reparations in Africa. This double standard threatens Europe's financial credibility. Read the full analysis.

New Egg and Chicken Prices Released by Farmers

Nigerian poultry farmers announce updated rates for eggs and adult chickens. Despite a drop in inflation, staple foods remain costly, squeezing household budgets ahead of Christmas.

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