World Bank Warns Oil Surge Threatens Nigerian Inflation

World Bank Approves $500m to Fix Nigeria’s Agriculture

The World Bank has approved a $500m credit to repair Nigeria’s underperforming agricultural sector. This fresh injection of capital from the International Development Association targets the chronic low productivity that plagues smallholder farmers. Dubbed the AGROW project, the scheme aims to turn subsistence plots into commercially viable businesses. It arrives at a time of deep…

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Nigerian Troops Decimate Terror Cells in Coordinated Strikes

Nigerian Troops Decimate Terror Cells in Coordinated Strikes

Nigerian forces have ramped up their offensive against internal security threats, neutralising terrorists and dismantling kidnap rings across several states in the last 24 hours. The operations, spanning the North-East, North-West, and North-Central regions, demonstrate a heightened reliance on technology and rapid response tactics. These coordinated strikes aim to disrupt the logistics and movement of…

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DR Congo Seal World Cup Return After 52 Years

  The Democratic Republic of Congo have qualified for the 2026 FIFA World Cup, securing Africa’s 10th and final slot in the expanded tournament following a dramatic 1-0 victory over Jamaica in the intercontinental play-off final at the Guadalajara Stadium in Mexico. Former Manchester United defender Axel Tuanzebe scored the decisive goal in the 100th…

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Maritime Academy Eyes N24bn Revenue for 2026

Maritime Academy Eyes N24bn Revenue for 2026

The Maritime Academy of Nigeria (MAN) expects to rake in N24.01 billion in the 2026 fiscal year. Acting Rector Kevin Okonna presented this ambitious roadmap to the House of Representatives on Wednesday. The projection rests heavily on statutory support from the Nigerian Maritime Administration and Safety Agency (NIMASA). This single source should provide N13.33 billion,…

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NASA Launches Astronauts to Moon Orbit

  Four astronauts are on a 10‑day journey around the Moon after NASA’s Artemis II mission successfully lifted off from Florida on Wednesday, marking the first crewed lunar flyby in more than half a century. The Space Launch System (SLS) rocket launched from Kennedy Space Center’s Launch Pad 39B at approximately 6:35 pm local time (2235 GMT),…

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CBN Demands Recapitalisation of DFIs to Bridge N230tn Gap

Domestic Investors Lead N4.65trn Bank Capital Drive, CBN Confirms

  The Central Bank of Nigeria (CBN) has formally announced the conclusion of its 24-month banking sector recapitalisation programme, with participating lenders raising a combined N4.65 trillion in fresh capital. Domestic investors accounted for 72.55 per cent of the total funds raised, contributing approximately N3.37 trillion, while international investors supplied the remaining 27.45 per cent,…

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