SEC Alerts Public on Unregistered Glorious Wealth Fund
Nigeria's SEC warns against investing with Glorious Wealth Fund (GWF), an unregistered platform. Investors report inability to withdraw funds. Verify companies on SEC portal to avoid fraud.
Category : Search result: Sovereign Wealth Fund
SEC Flags Glorious Wealth Fund as Unauthorised
Nigeria's SEC warns against Glorious Wealth Fund (GWF), an unlicensed online investment platform. Learn the red flags of Ponzi schemes and how to protect your money.
Benue PDP Chief Rejects Northern Security Fund
PDP chieftain Bemgba Iortyom rejects Benue's inclusion in the Northern Security Trust Fund, calling it a flawed plan that diverts state resources. He criticises Governor Alia's priorities.
Eko DisCo: Free Meters Only Through Official Portal
Eko DisCo urges customers to apply for free prepaid meters only via its official portal, warning against third-party scams. Learn about the MAF Tranche B scheme and community engagement in Apapa.
Nigeria Gets $100m AfDB Loan for Youth Fund
Nigeria's FEC has approved a $100 million AfDB loan for the Youth Investment Fund and a $50m Islamic Bank loan for Yobe agriculture. President Tinubu pushes for 7% growth.
Kaduna fast-tracks $62.8m Kuwait Fund for development
Governor Uba Sani accelerates Kuwait's $62.8m support for Kaduna's education, healthcare, and agriculture. Over 100,000 out-of-school children targeted. Read more.
Edo Seeks ₦160bn to Tackle Ecological Challenges
Edo State unveils a ₦160 billion plan to remediate over 60 gully erosion sites and combat illegal sand mining. The initiative includes a massive tree-planting campaign.
Africa's Private Wealth Exodus Threatens Development
Experts in Lagos warn that Africa's development is stunted by massive private wealth flowing offshore. Building local Family Offices is key to keeping capital at home. Read more.
House Probes Missing N30bn NSIPA Fund, Demands Action
The House of Representatives investigates over N30bn recovered from NSIPA, demanding its release to restart vital poverty-alleviation schemes. Lawmakers warn delayed funds worsen hardship. Read more.
NCDMB, BOI Unveil $100m Fund for Oil & Gas Firms
NCDMB and Bank of Industry launch a $100m equity fund to boost local oil & gas firms. Nigerian content performance rises to 61%. New rules make certificates non-transferable from 2026.
IYC Accuses Edo Govt of Marginalising Ijaw People
Ijaw Youth Council laments neglect by Governor Okpebholo despite electoral support. No appointments, infrastructure deficit in oil-rich communities. Read their demands for equity.
BoI disburses ₦1.27tr to enterprises, supports 900,000 jobs
The Bank of Industry disbursed over ₦1.27 trillion across 14 sectors in 2024, supporting 900,000 jobs. The bank is expanding green finance and renewable energy investments to drive Nigeria's industrial transformation.
Northern Governors Launch N16bn Monthly Security Fund
Northern governors and traditional rulers have approved a N16bn monthly security trust fund to combat banditry and terrorism. They also urged President Tinubu to suspend mining activities for six months.
Enugu Boosts Security with Drones, Patrol Vans
Governor Peter Mbah launches hi-tech drones, bulletproof gear, and patrol vehicles to make Enugu the safest state in Nigeria. See the full security upgrade details.
Northern Leaders Suspend Mining, Back State Police
Northern governors and traditional rulers have imposed a six-month mining suspension and approved a N1bn monthly security fund to tackle banditry and insecurity. Read the full communiqué.
PAC Asset Champions Wealth Creation at Isimi Lagos Polo
PAC Asset Management reinforced its dedication to generational wealth building at the 2025 Isimi Lagos Polo Festival. Discover how luxury, sustainability, and investment converged.
Nigeria loses $10b annually to post-harvest waste
Nigeria loses an estimated $10 billion yearly due to post-harvest losses, threatening food security. Expert Segun Alabi calls for urgent action on storage, processing, and turning waste into wealth.
Nigeria's Richest Tribe: Economic Facts Beyond Stereotypes
Discover the complex truth about wealth distribution across Nigerian ethnic groups. Learn why no single tribe dominates and what truly drives economic success in Nigeria today.
Lagos Sets 18-Month Timeline to Close Major Landfills
Lagos State Government announces Olusosun and Soluos dump sites will be decommissioned within 18 months. New waste plants in Badagry, Ikorodu, and Epe to serve as alternatives. Read more about the environmental transformation.
Seyi Vibez Net Worth 2025: $2 Million Revealed
Discover how Seyi Vibez built his $2 million net worth in 2025 through music streams, sold-out shows, and brand deals. Learn about his income sources and luxury assets.
Nigeria Launches Emergency GBV Response Fund
Federal Government announces emergency fund to combat gender-based violence and support survivors. New initiative launched during 16 Days of Activism against GBV.
Women Inherit 70% of $124 Trillion Wealth Transfer
Forbes reports women will inherit 70% of $124 trillion in the great wealth transfer. Learn how this shift impacts Nigeria and women's financial empowerment worldwide.
Southern Governors Establish Zonal Security Fund
Southern Nigerian governors have agreed to create a regional security fund and enhance intelligence sharing to combat rising insecurity. The move aims to strengthen coordinated responses across state lines.
Young Sheldon Cast Net Worths: Jim Parsons Tops List
Discover the staggering net worths of Young Sheldon cast members in 2025, from Jim Parsons' $160 million to rising child stars' earnings. See who earned what!
ECB Warns on AI Bubble and Eurozone Debt Risks
European Central Bank warns AI valuations may be overstretched and sovereign debt levels threaten financial stability. Learn how this affects global markets.
DSS: Mamu Got N50m from Terrorist Leader Shugaba
DSS witness reveals alleged terrorist negotiator Tukur Mamu received N50m from Abuja-Kaduna train attack ransom fund. Case adjourned to February 2026.
Reps query non-implementation of PIA environmental funds
House of Representatives committee warns of deepening ecological crisis in Niger Delta as ₦1.65 trillion environmental funds remain unimplemented four years after PIA enactment. Urgent action needed.
African Unions Propose Humanitarian Fund for Workers
African trade unions vow to move beyond lamentation, launching a coordinated peace effort and a humanitarian fund to support workers in conflict zones across the continent.
Senate Confronts Nigeria's Health Funding Gap
Senate President Godswill Akpabio warns Nigeria's health funding falls critically short of commitments. The Senate moves to pass key bills, including doubling the Basic Healthcare Provision Fund, to tackle systemic crises.
Africa's Private Wealth Drain: Experts Demand Local Solutions
African experts warn about the continent's growing private wealth outflow to offshore centers. Learn how True Family Offices can keep capital circulating locally to fund development.
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