Author: Ifetayo Adeniyi

States collected N1.6tn from FG for projects Office of the Accountant-General of the Federation States collected N1.6tn from FG for projects State governments and the Federal Capital Territory received a total sum of N1.6tn from the Federal Government between March 2024 and May 2025 as financial support for infrastructure and security projects, official records from the Office of the Accountant-General of the Federation have shown. The disbursement, which spanned over 15 months, was aimed at bolstering infrastructure development and strengthening security operations at the subnational level, as part of ongoing efforts to address widespread insecurity and bridge critical infrastructure…

Nigeria, Saint Lucia committed to establish diplomatic relations President Bola Tinubu and Prime Minister Philip J. Pierre, at the official residence of the Prime Minister during a courtesy visit by the President on the second day of his State Visit to Saint Lucia. Sunday, June 29, 2025. Nigeria, Saint Lucia committed to establish diplomatic relations. President Bola Tinubu and Prime Minister Philip J. Pierre on Sunday committed to establishing formal diplomatic relations between Nigeria and Saint Lucia. Both leaders discussed ongoing efforts toward this goal during Tinubu’s courtesy visit to the Prime Minister at his official residence in Castries on…

Nigeria records $3.73bn current account excess in First Quarter ’25 Nigeria records $3.73bn current account excess in First Quarter ’25 The Central Bank of Nigeria, CBN, said that the country recorded a current account surplus of $3.73 billion in the first quarter of 2025 (Q1’25) representing a marginal increase from $3.69 billion recorded in the same period of last year, Q1’24. Disclosing this in its Balance of Payments, BOP, report for Q1’25, the CBN said: “In Provisional BOP statistics for Q1’25 show a current account surplus of $3.73 billion, which was lower than the $3.8 billion recorded in the previous…

TAJBank grows assets by 84%, sustains corporate performance TAJBank MD-CEO – Mr. Hamid Joda TAJBank grows assets by 84%, sustains corporate performance. TAJBank Limited maintained its record-breaking feat in banking history with the payment of 20 kobo per share dividend to its shareholders at the end of 2024, being the third investment reward for the investors in its five years of operations. Industry data on dividends paid to shareholders by most banks during the year under review showed that TAJBank’s dividend, based on earnings per share, represented one of the best in terms of dividend ratio to share value. The…

US committed to academic, cultural ties with Nigerian varsities Public Affairs Officer at the US Consulate, Ms. Julie McKay US committed to academic, cultural ties with Nigerian universities. The United States [US] has reiterated its commitment to fostering educational, cultural and global collaboration and engagements with Nigerian universities. The Public Affairs Officer at the US Consulate, Lagos, Ms. Julie McKay, made the commitment during an official visit to Lead City University [LCU], Ibadan. The visit was an effort to promote educational and cultural exchange programmes. McKay, who led a delegation to Ibadan, underscored the importance of establishing a robust and…

Starlink begins customer sign-ups nationwide, prioritises Lagos, Abuja Musk, Starlink Starlink begins customer sign-ups nationwide, prioritises Lagos, Abuja Satellite internet provider Starlink has resumed customer activations in Nigeria, following infrastructure upgrades and the lifting of a regulatory suspension that had paused residential orders since November 2024. The company, owned by Elon Musk’s SpaceX, suspended new orders in late 2024 due to pending approvals from the Nigerian Communications Commission (NCC). During the suspension, prospective customers were unable to complete the process of ordering and installing the Starlink satellite hardware required to access the service. In a statement on Saturday, the company…

Five Year Schengen Visa For African Travelers: France Joins Germany, Italy, Spain, Netherlands, Others Five Year Schengen Visa For African Travelers: France Joins Germany, Italy, Spain, Netherlands, Others France, Germany, Italy, Spain, the Netherlands, Greece, and Belgium have taken a significant step in opening their doors to African travelers by offering the 5-year multiple-entry Schengen visa. This long-term visa allows travelers from countries like Nigeria, Ghana, and other African nations to explore any of the 29 Schengen countries multiple times over five years, without the hassle of applying for a visa each time. It is designed for frequent travelers, providing…

Tinubu arrives Saint Lucia, receives warm welcome before commencement of BRICS Summit Tinubu arrives Saint Lucia Tinubu arrives Saint Lucia, receives warm welcome before commencement of BRICS Summit .. he will also address a special joint session of Saint Lucia’s Senate. President Bola Tinubu arrived in Vieux Fort, Saint Lucia, on Saturday at 5:30 p.m. local time, commencing the first leg of his two-nation tour to the Caribbean and South America. A statement issued by Presidential spokesman, Bayo Onanuga on Saturday, said upon his arrival at Hewanorra International Airport, the Nigerian leader was received with full military honours by the…

Kwara United Emerge Winner 2025 President Federation Cup Kwara United Emerge Winner 2025 President Federation Cup * Kwara United to represent Nigeria in the CAF Confederation Cup in the 2025-26 season. Kwara United have won the 2025 President Federation Cup men’s title after a 4-3 penalty shootout win against Abakaliki FC in the final. The Harmony Boys defeated Abakaliki FC 4-3 on penalties after the game finished goalless in regulation time. The 2025 President Federation up final was keenly contested between Abakaliki FC and Kwara United at the Mobolaji Johnson Arena, in Onikan, Lagos, on Saturday. Abakaliki FC, who defeated…

GTBank announces early closure nationwide June 30 GTBank Guaranty Trust Bank Ltd. has announced that all its branches across Nigeria will close earlier than usual on Monday, June 30. The bank made this known in a customer email sent on Saturday, informing clients of the temporary change in operation hours. According to the message, the early closure is to allow for the bank’s scheduled half-year audit activities. The statement read, “Please be informed that our branches nationwide will close to customers early on Monday, June 30, 2025 for our half-year audit.” It also specified different closure times for locations…