Non-Oil Exports Boom, Hit $3.2bn in Six Months Nigeria’s non-oil export sector has recorded a significant milestone, with total earnings reaching $3.225 billion in the first half of 2025. This remarkable performance, announced by the Nigerian Export Promotion Council (NEPC), signals a powerful surge in the country’s economic diversification efforts. Presenting the First Half-Year Progress […]
Author: C4BN
Naira Weakness, Inflation Drive Manufacturing Expenses to N2.6tn
Naira Weakness, Inflation Drive Manufacturing Expenses to N2.6tn The severe pressures from a weak Naira and relentless inflation have pushed the operational expenses of Nigeria’s manufacturing sector to a staggering N2.6 trillion in the first half of 2025. This figure, representing the “cost of sales” for a sample of 12 major manufacturing companies, marks a […]
Federal Pensioners Protest in Lagos Over Unpaid ₦32,000 Pension Increase
Federal Pensioners Protest in Lagos Over Unpaid ₦32,000 Pension Increase A group of federal pensioners staged a protest at the Lagos office of the Pension Transitional Arrangements Directorate (PTAD) on Monday, demanding the immediate payment of a ₦32,000 pension increase approved by the Federal Government. The retirees lamented that the delay in payment has left […]
NELFUND Disburses ₦86.3bn Student Loans to 450,000 Beneficiaries
NELFUND Disburses ₦86.3bn Student Loans to 450,000 Beneficiaries The Nigerian Education Loan Fund (NELFUND) has announced a significant milestone in its student loan scheme, disbursing a total of ₦86.3 billion to assist nearly 450,000 students across the country. The official announcement was made in the fund’s latest status report, released on Monday. According to the […]
Former Lawmaker Slams Amaechi’s Ministerial Performance, Citing Neglected South-South Projects
Former Lawmaker Slams Amaechi’s Ministerial Performance, Citing Neglected South-South Projects A former member of the House of Representatives, Oghene Egoh, has strongly criticized former Minister of Transportation, Rotimi Amaechi, accusing him of failing to deliver substantial developmental projects to the South-South region during his tenure. Egoh’s comments were a direct response to Amaechi’s recent critique […]
2027 Elections: Atiku Delays Formal ADC Entry Amid Talk of Jonathan’s Political Resurgence
2027: Atiku Delays ADC Membership Card Collection Amid Jonathan Comeback Speculation Our Correspondent – August 10, 2025 Former Vice President Atiku Abubakar has delayed his planned formal entry into the African Democratic Congress (ADC) amid growing speculation that former President Goodluck Jonathan may join the party ahead of the 2027 presidential race..Atiku, who recently resigned […]
Atiku Condemns Police Chief Egbetokun, Demands Sowore’s Unconditional Release
In a strongly worded statement issued Thursday evening, Atiku Abubakar accused Inspector-General of Police Kayode Egbetokun of weaponizing state institutions to pursue a personal vendetta under the pretense of law enforcement. Atiku Slams IGP Over Sowore’s Arrest, Demands Immediate Release Abuja, Nigeria – August 8, 2025 Former Vice President and 2023 presidential candidate of the […]
Federal Government Releases Shortlist for Civil Service Recruitment
FG Shortlists Candidates for Federal Civil Service Recruitment Abuja, Nigeria August 7, 2025 The Federal Government has officially shortlisted candidates for the ongoing recruitment into the Federal Civil Service, following the conclusion of the application process earlier this year. The recruitment, announced in January 2025 by the Federal Civil Service Commission (FCSC), opened over 70 […]
Sanwo-Olu Commits to Expanding Infrastructure Across Lagos at Badagry Road Commissioning
Sanwo-Olu Unveils Badagry Roads, Pledges Continued Infrastructure Development Across Lagos Badagry, Lagos State August 7, 2025 File photo:Lagos State Governor ,Babajide Sanwo-Olu Lagos State Governor, Babajide Sanwo-Olu, has reaffirmed his administration’s commitment to comprehensive infrastructure development across the state during the commissioning of newly completed roads in Badagry Local Government Area and Olorunda Local Council […]
Nigerian Politics Now Dominated by Criminals and Street Touts Falana Alleges
Falana: Criminals, Touts Now Control Nigerian Politics Amid Worsening Governance Abeokuta, Ogun State August 6, 2025 Prominent human rights lawyer, Mr. Femi Falana, SAN, has decried the state of governance in Nigeria, lamenting that politics has been overtaken by criminals and touts who have no interest in the nation’s development or the welfare of its […]
President Tinubu Applauds Nigerian Students for Winning Global English Competition
Tinubu Hails Nigerian Students for Winning Big at 2025 TeenEagle Global Finals Abuja, Nigeria August 6, 2025 President Bola Ahmed Tinubu has congratulated three outstanding Nigerian students for their historic performance at the 2025 TeenEagle Global Finals held in London, United Kingdom. In a statement released on Wednesday by his Special Adviser on Information and […]
Femi Otedola Reveals He Lost $898 Million Due to Naira Devaluation, Oil Slump, and Stock Market Crash
Femi Otedola Reveals How He Lost $898 Million to Economic Downturns in 2009 Lagos, Nigeria August 2025 Nigerian billionaire and industrialist, Femi Otedola, has opened up about one of the most difficult chapters of his business journey a staggering $898 million financial loss suffered in 2009 due to a combination of global and […]
17-Year-Old Nafisa Aminu Emerges Global English Champion, Beating Contestants from 69 Countries
17-year-old Nafisa Aminu has emerged as the global winner of an international English language competition, outshining participants from 69 countries and earning praise for her exceptional literary and analytical skills. 17-Year-Old Nafisa Abdullah Aminu Crowned World’s Best in English at 2025 TeenEagle Global Finals London, United Kingdom August 2025 Nafisa Abdullah Aminu, a 17-year-old […]
NewsGroup Urges Court to Order EFCC Investigation of NNPCL CFO Over Alleged Fraud
The media organization is asking the Federal High Court to direct the anti-graft agency to investigate the Chief Financial Officer of the Nigerian National Petroleum Company Limited (NNPCL) over alleged financial misconduct. Abuja, Nigeria – August 5, 2025 A media advocacy group, NewsGroup, has filed a legal action at the Federal High Court in Abuja, […]
Nigeria Court Orders Deportation of 21 Foreign Hackers, Imposes ₦1 Million Fine Each
Nigerian Court Orders Deportation of 21 Foreign Hackers, Imposes ₦1 Million Fine Each Abuja, Nigeria – August 5, 2025 A Federal High Court in Abuja has convicted and sentenced 21 foreign nationals for cybercrime-related offences, ordering their deportation and imposing a fine of ₦1 million on each of them. The judgment was delivered by Justice […]
Ondo Police Bust Human Trafficking Syndicate, Arrest Suspects Including Alleged Illegal Immigrants
Ondo Police Bust Human Trafficking Syndicate, Arrest Suspects Including Alleged Illegal Immigrants The Ondo State Police Command has successfully dismantled a suspected human trafficking syndicate, apprehending several individuals believed to be involved in the illicit trade, with some reports indicating that illegal immigrants are among those arrested. This significant breakthrough in law enforcement efforts highlights […]
Nigeria’s Economy Poised to Hit $450 Billion by Year-End, Predicts CPPE Boss, Dr. Muda Yusuf
Nigeria’s Economy Poised to Hit $450 Billion by Year-End, Predicts CPPE Boss, Dr. Muda Yusuf Nigeria’s Gross Domestic Product (GDP) is estimated to reach an impressive $450 billion by the fourth quarter of 2025, provided the nation’s economy sustains its recovery trajectory from recent economic reforms without significant disruptions. This optimistic projection was announced by […]
Atiku / Obi Ticket Won’t Work for ADC,” Says Keyamo Ahead of 2027 Poll
Atiku / Obi Ticket Won’t Work for ADC,” Says Keyamo Ahead of 2027 Poll Aviation Minister Festus Keyamo has dismissed the possibility of a successful presidential ticket between former Vice President Atiku Abubakar and ex-Labour Party candidate Peter Obi running under the African Democratic Congress (ADC) in the 2027 elections. In an interview on Channels Television’s Sunday […]
APC Set to Reclaim Edo in 2027, Okpebholo Declares
APC Set to Reclaim Edo in 2027, Okpebholo Declares Edo State Governor, Monday Okpebholo, has issued a bold political forecast, asserting that the opposition landscape in the state will completely diminish well before the 2027 general elections, with all rival parties eventually gravitating towards the All Progressives Congress (APC). Governor Okpebholo made this confident declaration […]
Fresh Clashes in Akwa Ibom Leave 12 Injured, Homes Destroyed
Fresh Clashes in Akwa Ibom Leave 12 Injured, Homes Destroyed At least twelve persons have sustained varying degrees of injuries, and numerous houses have been razed in a fresh outbreak of communal violence in Akwa Ibom State. The clash, which occurred recently, has further heightened tensions in the affected area, leaving residents displaced and property […]