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116 Benin artefacts officially returned to Nigeria by Cambridge University
Cambridge University has officially transferred legal ownership of 116 Benin artefacts to Nigeria’s National Commission for Museums and Monuments (NCMM). The move, formalized on Monday, follows a formal request by the NCMM in January 2022 for the return of objects taken by British troops during the 1897 sacking of Benin City. Cambridge University described the transfer as a major step…
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FG launches nationwide cancer awareness, screening programme in Abeokuta
The Minister of State for Health and Social Welfare, Dr. Iziaq Salako, on Friday launched a nationwide cancer awareness and screening programme in Abeokuta, pledging to establish a cancer centre in a tertiary institution before the end of President Bola Tinubu’s first term. According to the minister, about 1,000 Nigerians are expected to benefit from the screening exercise in each…
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Shettima visits Woro community after deadly Boko Haram attack
By Mosunmola Ayobami, Ilorin – Vice President Kashim Shettima has arrived in Ilorin, the Kwara State capital, following last Tuesday’s massacre of residents of Woro by suspected Boko Haram terrorists. He was received at the Tunde Idiagbon International Airport, Ilorin, by Governor AbdulRahman AbdulRazaq, Senator Sadiq Umar and other state officials. During the ongoing working visit, the vice president is…
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Dangote Group signs $350m deal with Engineers India for refinery expansion
The Engineers India Limited (EIL) says it has signed a $350 million contract agreement with Dangote refinery as project management consultant (PMC) and engineering, procurement and construction management (EPCM) consultant for the refinery’s expansion. The EIL is an Indian engineering consultancy firm. On October 26, Aliko Dangote, the founder of Dangote Group, said the Dangote refinery was expanding its production…
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Letters of credit dispute: Court orders CBN, NDIC to freeze N7.15bn linked to Parallex Bank
A Federal Capital Territory (FCT) high court has ordered the Central Bank of Nigeria (CBN) and the Nigeria Deposit Insurance Corporation (NDIC) to freeze N7.15 billion linked to Parallex Bank Limited. The order was issued by Hauwa Gummi, judge of the high court sitting in Asokoro, Abuja, following an ex parte application filed by FHT Mega Express Limited. In the…
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CBN, NCC direct 30-second refunds for failed airtime, data transactions
The Central Bank of Nigeria (CBN) and the Nigerian Communications Commission (NCC) have introduced a new consumer refund framework that guarantees subscribers a refund within 30 seconds for failed airtime and data transactions. This is according to a statement issued by the NCC on a jointly developed framework by both regulators to address cases where customers are debited without receiving…
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CBN, NDIC tackle court jurisdiction over Aso Savings, Union Homes licence revocation
The Central Bank of Nigeria (CBN) and the Nigeria Deposit Insurance Corporation (NDIC) on Monday asked the Federal High Court in Abuja to decline jurisdiction in a suit filed by Aso Savings & Loans Plc and Union Homes Savings & Loans Plc challenging the revocation of their operating licences. This is according to proceedings at the Federal High Court, where…
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Our work is not complete until we make a real difference in our people’s lives, says Senator Bagudu
Minister of Budget and Economic Planning, Senator Abubakar Bagudu on Tuesday expressed that major stakeholders’ work is not complete until there is a major difference in the people’s ‘ lives. Senator Bagudu while delivering this speech at the Top Management Meeting of the Ministry in Abuja stated that the nation expects excellent leadership, clarity, and foresight in 2026, urging on…
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Amid increase in fiscal reforms, federation account inflows hit N23.06trn in 10 months
The Revenue Mobilisation Allocation and Fiscal Commission has said inflows into the Federation Account rose to N23.06trillion in the first 10 months of 2025, attributing the increase to fiscal reforms, stronger audits, and improved coordination among revenue agencies. The Chairman of the commission, Mohammed Shehu, disclosed this on Monday in Abuja while delivering his keynote address at a two-day National…
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FAAC disburses N1.92trn to FG, States, LG in November 2025
The Federation Account Allocation committee (FAAC) shared a sum of N1.92 trillion in November 2025 to the federal government, states and the local government councils. According to a report, the revenue was shared at its December 2025 meeting held in Abuja, and chaired by Doris Uzoka-Anite, minister of state for finance. In the communique issued at the end of the…
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