The Central Bank of Nigeria (CBN) has clarified recent speculations regarding charges related to the newly launched Non-Resident Bank Verification Number (NRBVN) platform, affirming that no hidden fees have been introduced and that the BVN enrolment for Nigerians residing within the country remains entirely free of charge. Making the clarification in Abuja on Friday, the…
Hussaini Kafi in Kano Kano State Governor, Abba Kabir Yusuf, has distributed 500 electricity transformers to communities across the state’s 44 local government areas, in a major push to enhance rural electrification. At the flag-off event held Sunday at the Rural Electricity Board, the governor said the transformers—ranging from 500KVA to 200KVA—were sourced from trusted…
President Bola Tinubu has arrived in Rio de Janeiro, Brazil, to attend the 17th Summit of Heads of State and Government for the BRICS economic bloc, with a focus on health, climate change, and artificial intelligence governance. In a statement issued on Saturday by his Special Adviser on Information and Strategy, Bayo Onanuga, it was…
Hussaini Kafi in Kano No fewer than 1,209 houses have been destroyed by flash floods in Damboa and Chibok local government areas of Borno State, following days of torrential rainfall. The Borno State Emergency Management Agency (SEMA), which conducted a rapid assessment, confirmed the destruction on Thursday across Gumsuri, Garjang, and Wovi in Damboa; as…
Vice President, Kashim Shettima, has revealed that Nigeria is banking on its cassava sector to drive industrial growth and save the nation over N3 trillion annually in fuel and ethanol imports. At the inaugural World Cassava Day 2025, held on Thursday at the State House Banquet Hall, Shettima described cassava as “not just a crop…
Hussaini Kafi in Kano Katsina State Governor, Malam Dikko Umaru Radda, has announced a N4 billion budgetary allocation to support women-focused economic initiatives under the Nigeria for Women Project (NFWP), with over 800,000 women set to benefit. Speaking at the North West Scale-Up Summit of the NFWP in Katsina on Wednesday, Radda described the project…
Hussaini Kafi in Kano The Kano State Government has imposed an immediate ban on the importation of scrap materials from northeastern states following a deadly explosion that claimed five lives. Announcing the measure on Wednesday, the Commissioner for Security and Home Affairs, AVM Ibrahim Umaru (retd.), said, “We have traced the origin of recent explosives…
Hussaini Kafi in Kano The Federal Government has on Wednesday officially commissioned the Digital Industrial Park (DIP) in Kano, marking a major leap in Nigeria’s grassroots digital transformation efforts. Led by the Minister of Communications, Innovation, and Digital Economy, Dr. Bosun Tijani, the commissioning comes after the facility was vandalized during the August 1, 2024,…
Korede Abdullah in Lagos The Honourable Minister of Marine and Blue Economy, Adegboyega Oyetola, on Wednesday inaugurated the Governing Boards of the Nigerian Maritime Administration and Safety Agency (NIMASA) and the National Inland Waterways Authority (NIWA), describing the step as “a significant milestone” in the Tinubu administration’s push to reposition the maritime sector. This was…
The International Monetary Fund, IMF, has commended Nigeria’s authorities for bold and politically difficult policies that have “improved macroeconomic stability and enhanced resilience.” IMF noted on Wednesday, “Reversing years of economic volatility”, in its latest Article IV Consultation, in which it affirms a new reality for Nigeria. IMF declared Nigeria is making meaningful progress following…
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