News

Nigeria is no longer flirting with deficit financing. As a country, it is living with it, not occasionally but structurally, routinely, almost comfortably. It became evident when the National Assembly rose to defend the proposed N25.91 trillion deficit in the N58.47 trillion 2026 budget that it did more than justify another year of borrowing.

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The Nigeria–China Strategic Partnership (NCSP) has reaffirmed its commitment to consolidating engagements with the Organized Private Sector while strengthening strategic collaboration to accelerate Nigeria’s industrial expansion.

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Guaranty Trust Holding Company Plc has reaffirmed its commitment to advancing sports development in Nigeria and across Africa following the thrilling conclusion of the 2026 NPA Lagos International Polo Tournament, where Lagos STL emerged champions of the prestigious Majekodunmi Cup.

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‎Sterling Financial Holdings Company Plc has confirmed that its core banking subsidiaries, The Alternative Bank (AltBank) and Sterling Bank, are fully recapitalised in line with the Central Bank of Nigeria’s (CBN) revised minimum capital requirements, following final regulatory approvals received in January 2026. 

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The NDPC National Commissioner/CEO, Dr Vincent Olatunji has ordered an immediate investigation of the data processing activities of Temu which may be in violation of the NDP Act.

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African leaders, statesmen and thought leaders have renewed calls for the deliberate building of strong institutions and effective systems capable of driving prosperity and self-determination across the continent, declaring that Africa’s true “coming of age” lies in institutional strength, not rhetoric.

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The International Facility Management Association (IFMA) Nigeria Chapter has officially expanded its footprint with the inauguration of the Oyo State Branch, marking a significant milestone in the advancement of facility management practice and professional development in the South-West region of Nigeria.

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In a demonstration of strength of its human capacity development to drive professionalism, Group Captain AO Akinuli of the Nigerian Airforce, has shown his academic prowess that he is not only a guru in warfare and delving into the trenches, but an outstanding intellectual as he has recorded an outstanding achievement at the West African College of Surgeons (WACS) Scientific Conference.

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Minister of State for Petroleum (Oil), Senator Heineken Lokpibiri, Chief Executive Officer and Managing Director of the Niger Delta Development Commission(NDDC), former Deputy Governor of Bayelsa, Rear Admiral Gboribiogha John-Jonah(rtd) and members of the Bayelsa State Caucus in the National Assembly have extolled leadership qualities of the State Governor, Senator Douye Diri as he marks his sixth year in office anniversary.

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Nigerian Maritime Administration and Safety Agency (NIMASA) and Nigerian Upstream Petroleum Regulatory Commission (NUPRC) have reaffirmed their commitment to strengthening Nigeria’s investment climate through enhanced inter-agency collaboration.

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