70 m. ago Governor Adeleke Attracts Foreign Funding, Signs $100M Agreement With British Investors

Osun State has attracted a major financial commitment from the United Kingdom as Governor Ademola Adeleke secured a $100 million investment deal during a recent economic mission abroad. The agreement, signed with British investors, marks a significant milestone in the state’s effort to boost development across multiple sectors. According to a statement issued by Adeleke’s […] The post Governor Adeleke Attracts Foreign Funding, Signs $100M Agreement With British Investors appeared first on Information Nigeria.

Politics

2 h. ago Yahaya Bello petitions IGP, demands probe, prosecution of Natasha Akpoti over defamation

Yahaya Bello, former Kogi State governor, has petitioned the Inspector General of Police (IGP), calling for an investigation and possible read more Yahaya Bello petitions IGP, demands probe, prosecution of Natasha Akpoti over defamation

Politics

2 h. ago FG consoles CBEX victims, calls for collective fight against ponzi schemes

The Federal Government on Wednesday sympathised with victims of the digital investment platform CBEX, stressing that Nigerians must work together to put an end to the rise of Ponzi schemes in the country. The Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele, made the appeal in his keynote address at the Read More

Politics

2 h. ago NSIA eyes sustainable income growth despite global market headwinds

…says impressive 2024 financials driven by cost efficiency, strategic risk management The Nigeria Sovereign Investment Authority (NSIA) is charting a read more NSIA eyes sustainable income growth despite global market headwinds

Politics

2 h. ago Sokoto approves N100m for IDPs shelter, N6b in road projects

Governor of Sokoto State has approved the purchase of a N100 million property to provide permanent shelter for Internally Displaced Persons, alongside a massive N6.47 billion investment in key road infrastructure across the state. The approvals were granted during the State Executive Council meeting held on Wednesday, marking a significant stride in the administration’s effort Read More

Politics

3 h. ago Adelabu blame past administrations for underdevelopment in power sector

…says past govts only paid lip service to transforming Nigeria’s power sector Adebayo Adelabu, the minister of power, is blaming read more Adelabu blame past administrations for underdevelopment in power sector

Politics

3 h. ago Osun secures $100 Million investment as Governor Adeleke meets UK investors

Osun State Governor, Ademola Adeleke, has secured a $100 million investment deal during a five-day working visit to the United read more Osun secures $100 Million investment as Governor Adeleke meets UK investors

Economics

5 h. ago Igiehon harps on investing in local engineers to curb Nigeria’s capital flight

From Ighomuaye Lucky, Benin Dr Uwa Igiehon, Managing Director of Industrial Park, Ologbo, Edo State, has urged the Federal Government to invest in local engineers to reduce Nigeria’s capital flight. Speaking during an inspection of the Ossiomo Power Independent Power Project (IPP) in Ologbo, Ikpoba Okha Local Government Area, he emphasised that Nigeria has the […] The post Igiehon harps on investing in local engineers to curb Nigeria’s capital flight appeared first on The Sun Nigeria.

Politics

5 h. ago We’re Working With Interpol, We’ll Bring CBEX Perpetrators To Justice – EFCC Assures Nigerians

Economic and Financial Crimes Commission has commenced investigation into the alleged N1.3tn stolen through a digital investment platform, Crypto Bank Exchange. EFCC assured Nigerians that the anti-graft agency, in collaboration with International Criminal Police Organisation and other international partners are currently investigating the incident. Recall that many Nigerians lamented over sudden crash of the ponzi […] The post We’re Working With Interpol, We’ll Bring CBEX Perpetrators To Justice – EFCC Assures Nigerians appeared first on Information Nigeria.

Politics

5 h. ago Bauchi Govt Commits N872m To Improve Primary Health Services

  Bauchi State Government has reinforced its commitment to primary healthcare with the approval of N872.3 million as counterpart funding for the state’s Primary Healthcare Basket Fund. The announcement was made during a strategic health sector meeting held in the state capital on Wednesday. Deputy Governor Mohammed Auwal Jatau, who disclosed the development, said the […] The post Bauchi Govt Commits N872m To Improve Primary Health Services appeared first on Information Nigeria.

Politics

5 h. ago Real Madrid vs Arsenal: Ancelotti and Bellingham rally for Bernabeu comeback

Ahead of tonight’s Champions League quarter-final second-leg clash with Arsenal, Real Madrid coach Carlo Ancelotti and influential midfielder Jude Bellingham read more Real Madrid vs Arsenal: Ancelotti and Bellingham rally for Bernabeu comeback

Politics

5 h. ago CBEX crash: All you need to know about the Ponzi scheme that duped Nigerians

On Tuesday, the digital investment platform CBEX suddenly collapsed, with reports indicating that investors incurred losses amounting to over N1.3 trillion. The incident has sparked widespread reactions, with users expressing frustration, criticism, and concern. Many stormed the CBEX office in Oyo State to destroy their belongings. PUNCH Online has compiled a list of things you Read More

Events

6 h. ago New investment structure to help Nigerian pension funds access infrastructure equity

ARM-Harith Infrastructure Investment Limited and FSD Africa Investments (FSDAi) have announced a joint GBP 10 million commitment aimed at unlocking read more New investment structure to help Nigerian pension funds access infrastructure equity

Politics

6 h. ago Innovation, technology, infrastructure key to Insurance sector growth

Ekerete Gam-Ikon, deputy commissioner for Insurance, Finance, and Administration, has said that innovation, technology, and infrastructure have been proposed as read more Innovation, technology, infrastructure key to Insurance sector growth

Politics

7 h. ago N1.3trn CBEX Scam: We Warned Nigerians Against Ponzi Schemes, Says EFCC

The Economic and Financial Crimes Commission (EFCC) has reiterated its warnings to Nigerians about the dangers of Ponzi schemes, following the collapse of digital investment platform CryptoBank Exchange (CBEX), which has reportedly defrauded investors of over N1.3 trillion. Speaking on Channels Television’s breakfast show – ‘The Morning Brief’ – on Wednesday, EFCC spokesperson, Dele Oyewale, […]

Events

8 h. ago Local investors begin to dominate Africa’s startup funding scene

African investors emerged as the largest group of active participants in the continent’s venture capital (VC) space in 2024, accounting read more Local investors begin to dominate Africa’s startup funding scene

Politics

9 h. ago NELFUND: NANS condemns withholding of student loans, threatens protests

The National Association of Nigerian Students has voiced concern over the alleged non-disbursement of student loans by the Nigerian Education Loan Fund, despite claims that funds have already been released. PUNCH online reports that an investigation into the handling of the Federal Government’s student loan programme revealed that some tertiary institutions, in collaboration with banks, Read More

Politics

10 h. ago UEFA approves Bernabeu roof closure for Real Madrid vs Arsenal cracker

UEFA has granted Real Madrid permission to close the Santiago Bernabeu roof as the Spanish giants aim to spark a read more UEFA approves Bernabeu roof closure for Real Madrid vs Arsenal cracker

Sport

10 h. ago From MMM to CBEX: Timeline of Ponzi schemes that have duped Nigerians

Over the years, Nigerians have fallen victim to a series of Ponzi schemes that promised quick riches but ended in devastating losses. From the infamous Mavrodi Mundial Moneybox, popularly known as MMM that crashed in 2016, leaving millions of investors stranded, to the recent collapse of CBEX and other crypto-based platforms, the allure of high Read More

Politics

12 h. ago Afriland Properties hands 63kobo dividend to shareholders in 2024

Afriland Properties Plc, a Nigerian real estate development and management company, has delivered another year of outstanding financial results paying read more Afriland Properties hands 63kobo dividend to shareholders in 2024

Politics