Business

According to the results of the Open Budget Survey 2025, Nigeria was rated poorly in terms of transparency, accountability, oversight and public participation in debt management. The report, which assessed publicly available data between January 1, 2023 and December 31, 2024, identified important gaps in the country’s debt accountability framework, despite the existence of legal and institutional frameworks. The investigation, …

By Ayo Kehinde The political landscape in the House of Representatives changed significantly on Tuesday, when 27 lawmakers formally defected across party lines. The defections saw the All Progressives Congress (APC) gain 14 new members while losing two, consolidating its dominant position in the House. Following the realignment, the APC now controls approximately 280 seats. The People’s Democratic Party (PDP) …

Investors in the Nigerian equity market earned N516 billion at the close of trading on Tuesday. This follows a surge in the prices of shares such as Multiverse, Intenegins and Chams, among others, on the stock exchange floor. The benchmark All-Share Index (ASI) index increased to 201,287.78 points from 200,484.43 points on the previous trading day. After five hours of …

The Joint Admissions and Matriculation Board (JAMB) has released the mock results of the Unified Tertiary Matriculation Examination (UTME) 2026, conducted on March 28. Fabian Benjamin, public communication advisor to the council, said candidates can check their results by texting “MOCKRESULT” to 55019 or 66019 using their registered phone number for the 2026 UTME. It noted that 224,597 candidates registered …

The Defense Headquarters said Operation HADIN KAI troops neutralized no fewer than 100 terrorists, including a commander-in-chief of Islamic State’s West Africa Province, during coordinated operations in the northeast in the first quarter of 2026. The Director of Defense Media Operations, Michael Onoja, disclosed this while briefing journalists in Abuja on Tuesday, stressing that the operations have dealt a major …

By Victor Osula, Abuja The Senate on Tuesday approved President Bola Tinubu’s request to secure external loans totaling $6 billion to spur infrastructure development, support budget implementation and improve Nigeria’s debt management strategy. The approval was granted after a rapid legislative process which saw the request examined and adopted a few hours after it was presented to the Upper House …

President Bola Tinubu has sought Senate approval to review the 2026 Allocation Bill. The President made this request in a letter addressed to the President of the Senate, Insha Allah Akpabio, and read out at Tuesday’s plenary session in Abuja. Tinubu, in his letter, proposed an increase of N9 trillion to increase the total budget from N58.4 trillion to N67.4 …

*Counselor, 79-year-old grandmother, others join the club Mother Africa shone brightly over the weekend in the United States (US) as the city-county of Indianapolis-Marion released a formal statement honoring Nigeria’s iconic socio-cultural organization, the Kegites Club. In the statement, the county said it fully identifies with the key roles that Americana Archaivar Plus Convergence and Universal Archaivar Elders have played …

The Federal Government has approved a far-reaching reform of Nigeria’s cooperative sector, including the creation of a cooperative bank and formal recognition of the Institute of Cooperative Practitioners of Nigeria as a key driver of the transformation agenda. This was part of the resolutions reached at the eighth regular meeting of the National Council on Cooperative Affairs held in Abuja …

President Bola Tinubu has strongly condemned the barbaric and cowardly attacks by gunmen in Angwan Rukuba District, Jos, Plateau State. He equally condemned the attacks in Kahir village, Kagarko Local Government Area of ​​Kaduna State. Describing the attack on the Jos community and the killing and kidnapping of wedding guests in Kaduna as an affront to everything Nigeria stands for, …