National News
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Olukoyede hails CreditCorp, says consumer credit reduces corruption risks
The Executive Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, has praised the Nigerian Consumer Credit Corporation (CreditCorp), saying wider access to consumer credit can significantly reduce corruption and financial crimes in the country. Olukoyede spoke on Tuesday in Abuja while receiving the Managing Director of CreditCorp, Uzoma Nwagba, and his management team during a courtesy visit…
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RHA to inaugurate diaspora youth coordinators in Canada
The Hope Uzodimma-led Renewed Hope Ambassadors (RHA) will inaugurate its Diaspora Arise Platform and Diaspora Youth Directorate Coordinators in Toronto, Canada, on August 10 as part of efforts to mobilise Nigerians abroad in support of President Bola Tinubu’s Renewed Hope Agenda and national development. The event, scheduled to hold at the Ontario Investment and Trade Center in Toronto, is being…
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Tinubu approves 30%-80% salary increase for armed forces personnel
President Bola Tinubu has approved salary increases of between 30 and 80 per cent for members of Nigeria’s armed forces, with about 250,000 personnel expected to benefit from the new pay structure effective September 1. The new salary package raises the annual wage bill for military personnel from N660 billion to N924 billion. Under the revised structure, officers above the…
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Nigeria’s ambassador presents credentials to Israeli President Herzog
Nigeria’s Ambassador Extraordinary and Plenipotentiary to Israel, Ambassador Nkechi Linda Ufochukwu, has formally assumed office after presenting her Letters of Credence to Israeli President Isaac Herzog. The credential presentation took place on Monday during an official ceremony in Jerusalem, according to a statement by the Ministry of Foreign Affairs. The ministry said the presentation of the Letters of Credence formally…
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Nigeria, Israel deepen security, technology, trade partnership
Nigeria and Israel have reaffirmed their commitment to expanding bilateral cooperation in security, defence, agriculture, technology, healthcare and trade, with both countries pledging to deepen collaboration across strategic sectors. The renewed commitment was made during the valedictory visit of the outgoing Israeli Ambassador to Nigeria, Michael Freeman, to the Minister of Foreign Affairs, Bianca Odumegwu-Ojukwu, in Abuja. Odumegwu-Ojukwu praised the…
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NEC backs $4.5bn Project Gazelle refinancing, cuts crude commitment
The National Economic Council (NEC) on Monday approved the refinancing of the $3.3 billion Project Gazelle Pre-Export Finance Facility through a new $4.5 billion arrangement, Project Gazelle 2, aimed at reducing financing costs and unlocking an additional $3 billion in liquidity for the country. The approval, granted at the 159th NEC meeting chaired virtually by Vice President Kashim Shettima, will…
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Tinubu to receive Executive bill on state police September 3, says Gbajabiamila
The Presidential Working Group on the National Policing Bill will submit the Executive State Police Bill to President Bola Tinubu for consideration on September 3 as part of efforts to establish a legal framework for state policing, Chief of Staff to the President, Femi Gbajabiamila, has said. Gbajabiamila, who chairs the Presidential Working Group on the National Policing Bill, disclosed…
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Shettima to governors: Compete for investment, not federal allocations
Vice President Kashim Shettima on Monday called on governors to embrace healthy competition in attracting investments and creating jobs, saying such rivalry is critical to achieving sustainable economic growth and prosperity. Speaking at the Delta State Economic and Investment Summit 2026 in Asaba, Shettima said the increasing number of investment summits across the country reflects a growing economic awakening among…
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JUST IN: Tinubu names Justice Liman to head committee on state police reform
President Bola Tinubu has approved the establishment of a multidisciplinary Policy Advisory Committee to provide technical and policy oversight for the proposed National Policing Bill as the Federal Government intensifies efforts to implement state policing in Nigeria. Chief of Staff to the President and Chairman of the Presidential Working Group on the National Policing Bill, Femi Gbajabiamila, announced this on…
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Gowon defends Awolowo over post-war £20 policy
…. says bank deposits were fully refunded Former Military Head of State, General Yakubu Gowon, has defended the late Chief Obafemi Awolowo over the controversial post-civil war £20 policy, insisting that the decision was taken collectively by the Federal Government and not by the then Finance Commissioner alone. In his newly released memoir, My Life of Duty and Allegiance, Gowon…
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