Category: Headline
NCGC Credit Scheme Unlocks ₦64.13bn in Loans, Supports 914,791 Jobs
Dr Bonaventure Okhaimo • ‘22,616 Nigerians access bank loans, women account for 42.7% of beneficiaries’• Worst is behind us, gains of Tinubu’s reforms ahead, says minister The National Credit Guarantee Company (NCGC), yesterday, said it had facilitated N64.13 billion in loans to Nigerian businesses and individuals, supporting an estimated 914,791 direct and indirect jobs within…
Nigeria, Japan deepen ties as latter expands local business footprint
Ambassador of Japan to Nigeria, Hideo Suzuki Nigeria and Japan have reaffirmed their bilateral relations, with the two countries exploring areas of cooperation in investment, infrastructure, healthcare, agriculture and human capital development.The Minister of Foreign Affairs, Bianca Odumegwu-Ojukwu, disclosed this after receiving Japan’s Ambassador to Nigeria, H.E. Suzuki Hideo, who paid her a courtesy visit…
EFCC Recovers Additional $40m in Nestoil Probe, Total Recovery Hits $100m
Olanipekun ‘Ola’ Olukoyede is the Chairman of the EFCC. The Economic and Financial Crimes Commission (EFCC), Lagos Zonal Directorate 2, has recorded another major breakthrough in its ongoing investigation involving Nestoil Limited, Neconde Energy Limited and a consortium of lenders, with the recovery of an additional US$40 million in favour of the Banks. The latest…
FG to Open Minimum Wage Talks with NLC, Approves ₦70,000 Transport Allowance
Tinubu urged to settle unpaid subsidy-removal relief for pensionersThe Federal Government and the Nigeria Labour Congress (NLC) have agreed to immediately constitute a Minimum Wage Negotiation Committee, while approving a N70,000 monthly transport intervention for workers for six months beginning November 2026. However, both parties have yet to resolve their disagreement over the effective date for…
Nigeria Moves to Boost Arms Production and Strengthen Defence Capacity
Minister of State for Defence, Bello Matawalle • Calls intensify for stronger African defence cooperation, local arms production The Minister of State for Defence, Bello Matawalle, has commended Nigeria’s recent progress in arms manufacturing, saying that the current production of over 50 million rounds of ammunition, out of a current yearly requirement of over 300…
FG Sets 2030 Deadline to Eliminate Lead-Based Paints in Nigeria
Permanent Secretary of the Federal Ministry of Environment, Dr Salihu Usman • Ogun intensifies lead poisoning prevention, tasks industries on safety• Unveils assessment report, plans coordinated intervention The Federal Government, yesterday, reaffirmed its commitment to eliminating lead exposure and phasing out lead-based paints in Nigeria by 2030. The government said environmental regulation, public health surveillance,…
WIEN, KPMG Partner to Introduce Benchmark for Inclusion in Energy Sector
An oil rig Thr Women in Energy Network (WIEN) and KPMG Advisory Services will unveil, on November 11, a yearly diversity, equity, and inclusion (DEI) benchmark for Nigeria’s energy sector, aimed at measuring women’s participation in the industry and providing data to support engagement with government on policies to promote inclusion.The report will assess industry…
UN Urges Stronger Protection for Women, Girls as Conflict-Related Killings Rise
The United Nations The United Nations has called for stronger protection of women and girlsfollowing a sharp increase in civilian deaths resulting from armed conflicts around the world. The call came as the 2026 UN SecretaryGeneral’s report on Women, Peace and Security revealed that more than 37,000 civilians were killed in conflicts in 2025, with…
FG Seals $100m-Plus Gas Pipeline Deal to Boost South-East Energy Supply
Gas Pipelines The Federal Government yesterday began its ambitious development of the South-East economy with the signing of an over-$100 million gas pipeline project in the region. President Bola Tinubu declared that the over 400-kilometre pipeline spanning from Ohaji in Imo State, through Anambra, Abia, Enugu and Ebonyi states is part of his administration’s efforts…
Imo Court Admits DSS Evidence Against Suspects in NYSC Kidnapping Case
National Youth Service Corps (NYSC) A High Court of Imo State has ordered five suspects accused of kidnapping 20 prospective National Youth Service Corps (NYSC) members to remain in the custody of the Department of State Services (DSS) as their trial continues. The court, presided over by Justice Emeka Orafu, gave the order on Tuesday…
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Opeyemi Precious
Precious Opeyemi is an independent media entrepreneur, journalist, and the founder of Scoop Lounge. Driven by a commitment to credible, balanced, and high-impact journalism, she established the platform to deliver rapid-response news summaries across multiple global sectors. Read full
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