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On April 29 2025 the Economic and Financial Crimes Commission (EFCC) arrested businesswoman Aisha Achimugu for alleged money laundering. According to reports Achimugu was arrested at her residence in Abuja Nigeria and is currently in custody for further investigation. The EFCC stated that they received a tip-off about Achimugus suspicious financial activities and launched an investigation into her business dealings. The arrest is part of the EFCCs efforts to combat financial crimes in Nigeria and holds individuals accountable for their actions. The case is ongoing and more details are expected to be released as the investigation progresses.

  • On April 29 2025 the Economic and Financial Crimes Commission (EFCC) arrested businesswoman Aisha Achimugu for alleged money laundering.

    According to reports Achimugu was arrested at her residence in Abuja Nigeria and is currently in custody for further investigation.

    The EFCC stated that they received a tip-off about Achimugus suspicious financial activities and launched an investigation into her business dealings.

    The arrest is part of the EFCCs efforts to combat financial crimes in Nigeria and holds individuals accountable for their actions.

    The case is ongoing and more details are expected to be released as the investigation progresses.

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Morocco is looking to invest in Nigerias capital market as the Securities and Exchange Commission (SEC) of Nigeria calls for cooperation among African countries. This move is seen as a way to strengthen economic ties between the two countries and promote growth in the region. The SEC has also highlighted the potential for collaboration in areas such as information sharing capacity building and cross-listing of securities. This investment could bring in much-needed foreign capital and expertise to the Nigerian market boosting its development and making it more attractive to investors. It also reflects the growing interest in Africa as a key investment destination.

  • Morocco is looking to invest in Nigerias capital market as the Securities and Exchange Commission (SEC) of Nigeria calls for cooperation among African countries.

    This move is seen as a way to strengthen economic ties between the two countries and promote growth in the region.

    The SEC has also highlighted the potential for collaboration in areas such as information sharing capacity building and cross-listing of securities.

    This investment could bring in much-needed foreign capital and expertise to the Nigerian market boosting its development and making it more attractive to investors.

    It also reflects the growing interest in Africa as a key investment destination.

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The Presidency has denied claims that democracy in Nigeria is under threat and rejected allegations that the country is heading towards a one-party state. This statement was made in response to concerns raised by the opposition party which had accused the ruling party of trying to silence dissenting voices and weaken the opposition. The Presidency emphasized that Nigeria remains a multi-party democracy and that the government is committed to upholding the principles of democracy and ensuring a level playing field for all political parties. They also urged the opposition to focus on constructive criticism rather than spreading false narratives about the state of democracy in the country.

  • The Presidency has denied claims that democracy in Nigeria is under threat and rejected allegations that the country is heading towards a one-party state.

    This statement was made in response to concerns raised by the opposition party which had accused the ruling party of trying to silence dissenting voices and weaken the opposition.

    The Presidency emphasized that Nigeria remains a multi-party democracy and that the government is committed to upholding the principles of democracy and ensuring a level playing field for all political parties.

    They also urged the opposition to focus on constructive criticism rather than spreading false narratives about the state of democracy in the country.

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World leaders including Trump Macron and Starmer pay their respects to Pope Francis at his funeral in 2025.

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Tinubus reforms have boosted investor confidence and stabilized the foreign exchange market according to Edun Cardoso. This has been observed as of April 27 2025.

  • Tinubus reforms have boosted investor confidence and stabilized the foreign exchange market according to Edun Cardoso.

    This has been observed as of April 27 2025.

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Customer deposits in 10 banks reached N140.97tn in 2024 demonstrating public trust in the banking system. This reflects a strong and stable financial sector in Nigeria.

  • Customer deposits in 10 banks reached N140.

    97tn in 2024 demonstrating public trust in the banking system.

    This reflects a strong and stable financial sector in Nigeria.

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Former Senate President Wabara predicts the collapse of the APC party in the near future.

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"Fin awards Sanwo-Olu Okpebholo and Oba of Benin in Dubai in 2025."

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In the first quarter of 2025 BUA Cement reported an impressive 81% increase in revenue reaching a total of N290.9 billion. This growth can be attributed to the companys expansion efforts as well as increased demand for cement in the construction industry. BUA Cement has been actively investing in new production facilities and partnerships positioning itself as a major player in the Nigerian cement market. The companys strong financial performance is a reflection of its commitment to providing quality products and services to its customers. BUA Cements success in the first quarter of 2025 bodes well for its future growth and profitability.

  • In the first quarter of 2025 BUA Cement reported an impressive 81% increase in revenue reaching a total of N290.

    9 billion.

    This growth can be attributed to the companys expansion efforts as well as increased demand for cement in the construction industry.

    BUA Cement has been actively investing in new production facilities and partnerships positioning itself as a major player in the Nigerian cement market.

    The companys strong financial performance is a reflection of its commitment to providing quality products and services to its customers.

    BUA Cements success in the first quarter of 2025 bodes well for its future growth and profitability.

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In the first quarter of 2025 United Bank for Africa (UBA) continued its growth momentum from 2024 reporting a 30.65% increase in profit to N204 billion. This growth was driven by a 17.5% increase in gross earnings as well as a decrease in operating expenses. UBAs total assets also grew by 6.7% to N8.3 trillion while its customer deposits increased by 14.5% to N6.1 trillion. The banks performance was attributed to its strategic focus on customer satisfaction digital transformation and expansion into new markets. UBAs sustained growth in the face of economic challenges showcases its resilience and solid financial footing.

  • In the first quarter of 2025 United Bank for Africa (UBA) continued its growth momentum from 2024 reporting a 30.

    65% increase in profit to N204 billion.

    This growth was driven by a 17.

    5% increase in gross earnings as well as a decrease in operating expenses.

    UBAs total assets also grew by 6.

    7% to N8.

    3 trillion while its customer deposits increased by 14.

    5% to N6.

    1 trillion.

    The banks performance was attributed to its strategic focus on customer satisfaction digital transformation and expansion into new markets.

    UBAs sustained growth in the face of economic challenges showcases its resilience and solid financial footing.

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At the Annual General Meeting of Guaranty Trust Bank (GTBank) held on April 25 2025 shareholders unanimously approved a dividend payout of N8.03 per share showing a 10% increase from the previous year. The meeting also saw the election of Suleiman Barau as the new Group Chairman following the retirement of the former chairman. The shareholders expressed satisfaction with the banks financial performance and growth in the past year as well as its commitment to delivering value to shareholders. The new chairman Barau pledged to uphold the banks high standards and continue its growth trajectory while also ensuring sustainable returns for shareholders.

  • At the Annual General Meeting of Guaranty Trust Bank (GTBank) held on April 25 2025 shareholders unanimously approved a dividend payout of N8.

    03 per share showing a 10% increase from the previous year.

    The meeting also saw the election of Suleiman Barau as the new Group Chairman following the retirement of the former chairman.

    The shareholders expressed satisfaction with the banks financial performance and growth in the past year as well as its commitment to delivering value to shareholders.

    The new chairman Barau pledged to uphold the banks high standards and continue its growth trajectory while also ensuring sustainable returns for shareholders.

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The Securities and Exchange Commission (SEC) has urged Nigerians to report any suspected illegal investment schemes to the United States for action. The call comes after an increase in the number of fraudulent investment opportunities in Nigeria. The SEC has warned citizens to be cautious and not fall for promises of high returns on investments as these schemes often turn out to be scams. The commission also advised investors to only deal with registered investment companies and to verify the authenticity of any investment opportunity before committing their money. This move by the SEC aims to protect Nigerians from falling victim to financial fraud and scams.

  • The Securities and Exchange Commission (SEC) has urged Nigerians to report any suspected illegal investment schemes to the United States for action.

    The call comes after an increase in the number of fraudulent investment opportunities in Nigeria.

    The SEC has warned citizens to be cautious and not fall for promises of high returns on investments as these schemes often turn out to be scams.

    The commission also advised investors to only deal with registered investment companies and to verify the authenticity of any investment opportunity before committing their money.

    This move by the SEC aims to protect Nigerians from falling victim to financial fraud and scams.

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The Peoples Democratic Party (PDP) is facing a state of chaos and confusion according to recent reports. The party which was once a dominant force in Nigerian politics is now struggling to maintain its unity and purpose. Internal power struggles lack of effective leadership and defections to other parties have contributed to the disarray within the PDP. This has caused a decline in the partys popularity and ability to compete with the ruling party All Progressives Congress (APC). Unless the PDP can resolve its internal issues and present a united front it may continue to struggle and lose ground in future elections.

  • The Peoples Democratic Party (PDP) is facing a state of chaos and confusion according to recent reports.

    The party which was once a dominant force in Nigerian politics is now struggling to maintain its unity and purpose.

    Internal power struggles lack of effective leadership and defections to other parties have contributed to the disarray within the PDP.

    This has caused a decline in the partys popularity and ability to compete with the ruling party All Progressives Congress (APC).

    Unless the PDP can resolve its internal issues and present a united front it may continue to struggle and lose ground in future elections.

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Former governor of Lagos State and All Progressives Congress (APC) National Leader Bola Tinubu has called on intelligence chiefs to put an end to the growing insecurity in the country. Tinubu made this statement during a meeting with intelligence chiefs in Abuja. He expressed his concern over the recent increase in kidnapping banditry and other forms of criminal activities stating that enough is enough. He urged the intelligence chiefs to come up with a comprehensive strategy to tackle these issues and restore peace and security in the country. Tinubu also stressed the need for collaboration between security agencies and the public to effectively combat these security challenges.

  • Former governor of Lagos State and All Progressives Congress (APC) National Leader Bola Tinubu has called on intelligence chiefs to put an end to the growing insecurity in the country.

    Tinubu made this statement during a meeting with intelligence chiefs in Abuja.

    He expressed his concern over the recent increase in kidnapping banditry and other forms of criminal activities stating that enough is enough.

    He urged the intelligence chiefs to come up with a comprehensive strategy to tackle these issues and restore peace and security in the country.

    Tinubu also stressed the need for collaboration between security agencies and the public to effectively combat these security challenges.

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In an interview with ThisDay Live Wale Edun a former Minister of State for Finance revealed that a forensic audit of the Nigerian National Petroleum Corporation (NNPC) is currently ongoing. The audit which is being carried out by international firms aims to uncover any financial misconduct or mismanagement within the NNPC. Edun also stated that the audit is a step towards improving transparency and accountability in the oil and gas sector which has been plagued by corruption and inefficiency. The results of the audit are expected to be released in the near future and could have significant implications for the NNPC and the Nigerian economy.

  • In an interview with ThisDay Live Wale Edun a former Minister of State for Finance revealed that a forensic audit of the Nigerian National Petroleum Corporation (NNPC) is currently ongoing.

    The audit which is being carried out by international firms aims to uncover any financial misconduct or mismanagement within the NNPC.

    Edun also stated that the audit is a step towards improving transparency and accountability in the oil and gas sector which has been plagued by corruption and inefficiency.

    The results of the audit are expected to be released in the near future and could have significant implications for the NNPC and the Nigerian economy.

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After two decades the Federal Government and the Katsina State Government have finally begun talks on the handover of a multi-billion naira 10MW wind farm. The project which was initiated in 2005 has faced several delays and setbacks but both parties have expressed their commitment to seeing it through. The wind farm has the potential to provide clean and renewable energy to the state reducing its reliance on fossil fuels and contributing to the fight against climate change. This development is a positive step towards sustainable energy production in Nigeria and shows the importance of collaboration between federal and state governments in achieving such goals.

  • After two decades the Federal Government and the Katsina State Government have finally begun talks on the handover of a multi-billion naira 10MW wind farm.

    The project which was initiated in 2005 has faced several delays and setbacks but both parties have expressed their commitment to seeing it through.

    The wind farm has the potential to provide clean and renewable energy to the state reducing its reliance on fossil fuels and contributing to the fight against climate change.

    This development is a positive step towards sustainable energy production in Nigeria and shows the importance of collaboration between federal and state governments in achieving such goals.

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The Federal Government of Nigeria has announced plans to re-evaluate the current fiscal regime offered to the steel industry in order to boost local production. This decision was made in response to the declining state of the steel industry which has been negatively affected by low demand and high importation of steel products. The government aims to create a more favorable environment for local steel producers by revising tax incentives and providing other forms of support. This move is expected to increase the competitiveness of the Nigerian steel industry and reduce the countrys reliance on imported steel ultimately boosting the economy.

  • The Federal Government of Nigeria has announced plans to re-evaluate the current fiscal regime offered to the steel industry in order to boost local production.

    This decision was made in response to the declining state of the steel industry which has been negatively affected by low demand and high importation of steel products.

    The government aims to create a more favorable environment for local steel producers by revising tax incentives and providing other forms of support.

    This move is expected to increase the competitiveness of the Nigerian steel industry and reduce the countrys reliance on imported steel ultimately boosting the economy.

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The United States is facing a potential $90 billion loss as a result of President Trumps ongoing trade war with China. This loss is expected to deepen due to the current travel crisis caused by the COVID-19 pandemic. The US travel industry has been hit hard by the pandemic with travel restrictions and reduced demand for flights leading to significant financial losses. The trade war with China has also contributed to this economic downturn as it has disrupted global supply chains and caused uncertainty in the market. This could have long-lasting effects on the US economy and further exacerbate the current crisis.

  • The United States is facing a potential $90 billion loss as a result of President Trumps ongoing trade war with China.

    This loss is expected to deepen due to the current travel crisis caused by the COVID-19 pandemic.

    The US travel industry has been hit hard by the pandemic with travel restrictions and reduced demand for flights leading to significant financial losses.

    The trade war with China has also contributed to this economic downturn as it has disrupted global supply chains and caused uncertainty in the market.

    This could have long-lasting effects on the US economy and further exacerbate the current crisis.

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Former Nigerian Vice President Peter Obi recently visited the Vatican to pay his respects and join other dignitaries in witnessing the lying-in-state of Pope Francis. The Pope had passed away at the age of 89 leaving behind a legacy of compassion and service to humanity. Obi who is known for his strong Catholic faith expressed his condolences and admiration for the late Popes leadership and commitment to social justice. The event was attended by leaders from various countries and religions highlighting the global impact of the Popes teachings and values. Obis visit to the Vatican serves as a reminder of the Popes enduring influence and the importance of unity and solidarity among nations.

  • Former Nigerian Vice President Peter Obi recently visited the Vatican to pay his respects and join other dignitaries in witnessing the lying-in-state of Pope Francis.

    The Pope had passed away at the age of 89 leaving behind a legacy of compassion and service to humanity.

    Obi who is known for his strong Catholic faith expressed his condolences and admiration for the late Popes leadership and commitment to social justice.

    The event was attended by leaders from various countries and religions highlighting the global impact of the Popes teachings and values.

    Obis visit to the Vatican serves as a reminder of the Popes enduring influence and the importance of unity and solidarity among nations.

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According to a recent report the Lagos State Government has raised an alarm over a shortage of 33000 medical doctors in the state. This shortage is a cause for concern as it could have a significant impact on the healthcare system in Lagos which is home to over 20 million people. The government has called for urgent action to address this issue including increasing the number of medical schools and training programs as well as providing incentives to attract and retain doctors. Without enough medical professionals the state may struggle to meet the healthcare needs of its growing population in the future.

  • According to a recent report the Lagos State Government has raised an alarm over a shortage of 33000 medical doctors in the state.

    This shortage is a cause for concern as it could have a significant impact on the healthcare system in Lagos which is home to over 20 million people.

    The government has called for urgent action to address this issue including increasing the number of medical schools and training programs as well as providing incentives to attract and retain doctors.

    Without enough medical professionals the state may struggle to meet the healthcare needs of its growing population in the future.

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In an interview with ThisDay Live Nigerian businessman and politician Gbenga Olawepo-Hashim expressed his concern over Nigerias failure to fully utilize its vast oil and gas resources. He pointed out that despite being one of the top oil-producing countries in the world Nigeria still heavily relies on the export of crude oil rather than investing in refining and other value-added activities. Olawepo-Hashim emphasized the need for the government to diversify the economy and reduce its dependence on oil which would also help to create more jobs and boost the countrys economic growth. He urged for urgent action to be taken in order for Nigeria to maximize its potential in the oil and gas sector.

  • In an interview with ThisDay Live Nigerian businessman and politician Gbenga Olawepo-Hashim expressed his concern over Nigerias failure to fully utilize its vast oil and gas resources.

    He pointed out that despite being one of the top oil-producing countries in the world Nigeria still heavily relies on the export of crude oil rather than investing in refining and other value-added activities.

    Olawepo-Hashim emphasized the need for the government to diversify the economy and reduce its dependence on oil which would also help to create more jobs and boost the countrys economic growth.

    He urged for urgent action to be taken in order for Nigeria to maximize its potential in the oil and gas sector.

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In April 2025 Zimbabwe announced its decision to move their upcoming football match against South Africa to Rwanda. This move was seen as a lifeline for the Nigerian Super Eagles who were struggling to qualify for the African Cup of Nations. With this change the Super Eagles had a better chance of securing a spot in the tournament. The decision was met with mixed reactions with some praising Zimbabwes strategic move and others questioning the fairness of the decision. This move highlighted the competitive nature of African football and the lengths teams will go to secure their spot in major tournaments.

  • In April 2025 Zimbabwe announced its decision to move their upcoming football match against South Africa to Rwanda.

    This move was seen as a lifeline for the Nigerian Super Eagles who were struggling to qualify for the African Cup of Nations.

    With this change the Super Eagles had a better chance of securing a spot in the tournament.

    The decision was met with mixed reactions with some praising Zimbabwes strategic move and others questioning the fairness of the decision.

    This move highlighted the competitive nature of African football and the lengths teams will go to secure their spot in major tournaments.

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In the first quarter of 2025 the Nigerian Customs Service generated a total of N1.75 trillion in revenue. This was announced by the Comptroller-General of Customs Hameed Ali who also stated that duty exemptions on food imports have contributed to a reduction in prices. This news comes as a positive development for the country as it shows an increase in revenue and a decrease in food prices which will ultimately benefit consumers. The Customs Service has been working to improve its revenue collection and this achievement is a testament to their efforts. This also highlights the impact of government policies on the economy and the importance of effective management of customs duties.

  • In the first quarter of 2025 the Nigerian Customs Service generated a total of N1.

    75 trillion in revenue.

    This was announced by the Comptroller-General of Customs Hameed Ali who also stated that duty exemptions on food imports have contributed to a reduction in prices.

    This news comes as a positive development for the country as it shows an increase in revenue and a decrease in food prices which will ultimately benefit consumers.

    The Customs Service has been working to improve its revenue collection and this achievement is a testament to their efforts.

    This also highlights the impact of government policies on the economy and the importance of effective management of customs duties.

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Olaopa honors Okediran on his 70th birthday.

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Indomie continues to support an initiative that empowers courageous teenagers as of April 19 2025.

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The article discusses an upcoming event on the Big Ideas platform that will feature prominent speakers such as Oby Ezekwesili Sky Akintoye and Nevin. The event will focus on mental health and the importance of addressing it in society. The speakers will share their insights and ideas on how to promote mental health awareness and support those struggling with mental health issues. The event aims to bring attention to the often overlooked topic of mental health and spark meaningful conversations and actions towards creating a more mentally healthy society. It is a timely and important discussion that can have a positive impact on individuals and communities.

  • The article discusses an upcoming event on the Big Ideas platform that will feature prominent speakers such as Oby Ezekwesili Sky Akintoye and Nevin.

    The event will focus on mental health and the importance of addressing it in society.

    The speakers will share their insights and ideas on how to promote mental health awareness and support those struggling with mental health issues.

    The event aims to bring attention to the often overlooked topic of mental health and spark meaningful conversations and actions towards creating a more mentally healthy society.

    It is a timely and important discussion that can have a positive impact on individuals and communities.

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The President of the Igbobi College Old Boys Association (ICOB) has expressed his support for the revamping of the college and empowering its alumni. Speaking at the 2025 annual general meeting he highlighted the need for the college to keep up with modern trends and provide quality education to its students. He also emphasized the importance of alumni involvement in the development of the college stating that their support and contributions are crucial for its growth. The president encouraged all alumni to actively participate in the alumni empowerment program which aims to provide mentorship and career guidance to current students. This initiative will not only benefit the students but also strengthen the bond between the college and its alumni.

  • The President of the Igbobi College Old Boys Association (ICOB) has expressed his support for the revamping of the college and empowering its alumni.

    Speaking at the 2025 annual general meeting he highlighted the need for the college to keep up with modern trends and provide quality education to its students.

    He also emphasized the importance of alumni involvement in the development of the college stating that their support and contributions are crucial for its growth.

    The president encouraged all alumni to actively participate in the alumni empowerment program which aims to provide mentorship and career guidance to current students.

    This initiative will not only benefit the students but also strengthen the bond between the college and its alumni.

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"30 years after Beijing the CSW69 reflects on the unfinished revolution and its impact highlighting the need for continued progress towards gender equality."

  • "30 years after Beijing the CSW69 reflects on the unfinished revolution and its impact highlighting the need for continued progress towards gender equality.

    ".