archive2025

BudgIT, a leading civic-tech organisation promoting transparency, accountability, and effective service delivery in Nigeria, has observed certain legacy issues with the 2025 Federal Government Proposed Budget and calls on the National Assembly to proactively address the irregularities, exercise its “Powers of the Purse” responsibly, allow robust public participation in the...

The National Bureau of Statistics (NBS) has revealed that it introduce three new indexes in its monthly Consumer Price Index. This was revealed on Thursday at the sensitisation workshop on GDP and CPI rebasing organized by the Nigerian Economic Summit Group and the NBS in Lagos. In October, the NBS...

Lagos State Governor Babajide Sanwo-Olu has signed the 2025 Appropriation Bill into law, approving a record-breaking budget of N3.366 trillion. The budget, which is geared towards advancing the Sanwo-Olu/Hamzat administration’s developmental agenda, focuses on infrastructure, education, healthcare, and economic growth. During the signing ceremony, the governor reiterated his administration’s commitment...

The China Development Bank has announced the approval of a $254.76m (€245m) loan to support the Kano-Kaduna railway project in Nigeria. According to information released on its website on Tuesday, the financial backing is expected to ensure the seamless continuation of the construction work. It said on its website, “China...

The Oxford English Dictionary (EOD) has officially included 22 Nigerian words in its latest update to showcase the vibrant creativity and cultural richness of Nigeria’s language. The update was announced on LinkedIn by Dr Kingsley Ugwuanyi, World Englishes/Nigerian English Consultant to the OED who stated that the latest addition reflects...

The Police Command in Lagos State says the 45-year-old teacher, Stella Nwadigo, who allegedly abused a three-year-old pupil of Christ-Mitots School in Ikorodu area of the state is already in its custody. The Command’s spokesperson, CSP Benjamin Hundeyin, disclosed this in a post he shared on his X handle @benHundeyin...

The Federal Government said it has received an interim report on the sustainability of the telecommunications industry from KPMG and has thereby increased the tariff telcos operators in the country. The Minister of Communications, Innovation and Digital Economy, Dr Bosun Tijani, disclosed the new development on Wednesday in Abuja. In...

Brito Sporting Club of Portugal, a football club founded in 1956, has signed an official contract with a United Kingdom-based, young Nigeria-born footballer, Yaqub Usman-Malah. The official unveiling of the young promising footballer was carried out on Saturday, January 4, 2025. Yaqub, born in Nigeria in 2006, is a budding...

The Economic and Financial Crimes Commission (EFCC) has secured the conviction of one Chima Hyginus Nkwocha, a.k.a "Young Billionaire," for cheating by impersonation and money laundering. He was jailed on Tuesday, December 31, 2024. Nkwocha was arraigned before Justice Emeka Nwite of the Federal High Court, Maitama, Abuja, on a...

In its continuing efforts to sweep the Economic and Financial Crimes Commission (EFCC) clean of corrupt tendencies, 10 officers of the Lagos Zonal Command of the Economic and Financial Crimes Commission, EFCC, are being detained over investigation of some missing items involving them. The officers, who were arrested last week...