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Ango Takes Over As FCTA’s Agric Mandate Secretary

Ango Takes Over As FCTA’s Agric Mandate Secretary

In the wake of the recent reshuffle in Federal Capital Territory Administration (FCTA), Hon. Abdullahi Suleiman Ango has officially assumed office as the Mandate Secretary, Agriculture and Rural Development Secretariat (ARDS). During a reception to formally receive him at the Secretariat, Ango expressed heartfelt gratitude to FCT Minister, Barrister Nyesom Wike, and Minister of State, FCT, Dr. Mariya Mahmoud, for entrusting him with the responsibility. He emphasized the critical role agriculture plays as the backbone of Nigeria’s economy, particularly in light of the rapidly growing population of the FCT. While acknowledging that Agriculture remains the backbone of our economy, Ango…
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PenCom Seeks To Diversify With Focus On Infrastructure

PenCom Seeks To Diversify With Focus On Infrastructure

Nigeria's pension fund regulator, National Pension Commission (PenCom), wants to diversify investments with more focus on infrastructure and private equity, a spokesperson said on Friday, April 11, a move that could unlock a major new source of capital in Africa's most populous nation. The voluntary and privately managed Retirement Savings Account (RSA) held assets of N23.26 trillion ($14.58 billion) as of February this year, with 60% of that invested in government debt and less than 10% in corporate securities. Diversification would allow the fund to seek out higher-yield investments, PenCom spokesperson Ibrahim Buwai told Reuters . "The current investment strategy…
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Court Jails Internet Fraudster One Year  in Lagos

Court Jails Internet Fraudster One Year  in Lagos

Justice O.A. Okunuga of the Lagos State High Court sitting in Ikeja has convicted and sentenced one Adebambo Fawas Olamilekan to one year imprisonment for internet fraud. Olamilekan was arraigned on April 3, 2025 by the Lagos Zonal Directorate 1 of the Economic and Financial Crimes Commission, EFCC, Awolowo Office, Ikoyi, Lagos, on a two-count charge bordering on possession of documents  containing false pretence and cheating, contrary to Sections 320 and 323 of the Criminal Law of Lagos State, 2015.  One of the counts reads: “That you, Adebambo Fawas Olamilekan, on or about 14th May, 2024 at Lagos, within the…
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First Lady Tinubu Hands 10,000 Kits To North-East Midwives

First Lady Tinubu Hands 10,000 Kits To North-East Midwives

By Okerafor Athanasius, Jalingo First Lady Senator Oluremi Tinubu has distributed 10,000 professional kits to midwives in the North-East states of Taraba, Adamawa, Bauchi, Gombe, Borno and Yobe. The items included scrubs and crocs. The distribution was flagged off today, April 10, at the gym hall of the Jolly Nyame Stadium, Jalingo, the Taraba State capital. With slip-resistant outsoles, crocs offer stability on slick hospital floors, ensuring safety while moving quickly between patient rooms. Made from durable materials like Croslite foam, crocs are built to withstand the demands of a busy medical environment and are easy to clean between shifts.…
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Uninterrupted Power Supply Soon In Enugu

Uninterrupted Power Supply Soon In Enugu

By Sylvia Kodilichukwu Enugu Enugu State Electricity Regulatory Commission (EERC) has issued an electricity generation license to a firm, Tempo Power Solutions Ltd., for a five megawatt gas-fired power generation plant to be sited in the South-East Nigerian state. The cheery news is coming several months after Aba, the South-East commercial-industrial hub, in Abia state, got lit up by another firm, Geometric Power, which has reportedly been providing 24-hour uninterrupted power supply. The Enugu electricity generating plant, which would be first of its kind in use of modern technology, would serve commercial and residential concerns within Enugu metropolis, with a…
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Kefas Receives National Sports Festival Torch Of Unity

Kefas Receives National Sports Festival Torch Of Unity

By Okerafor Athanasius, Jalingo A team of sports men and women has presented the Torch of Unity for the 22nd National Sports Festival, to Taraba State governor, Dr Agbu Kefas. The sports fiesta is tagged Gateway Games, Ogun 2024. Receiving the torch during a ceremony at the T.Y. Danjuma Government House, Jalingo, the state capital, Gov. Kefas commended the visitors and pledged that Taraba would participate in the festival. Speaking with journalists shortly after, the NSC team lead, Ikana Mbora, said they were in the state to convey a message from President Bola Tinubu to create awareness and invite every…
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Security Agents Thwart Attempted Break-in At Shettima’s Residence

Security Agents Thwart Attempted Break-in At Shettima’s Residence

In a dramatic early morning incident, security personnel successfully thwarted an attempted break-in at the Maiduguri, Borno State private residence of Vice President Kashim Shettima. They apprehended a 35-year-old suspect identified as Musa Ibrahim from the Maduganari area of the city,per a report this evening on Yola, Adamawa-based TGnews.com . According to the newspaper, which quoted intelligence sources, the incident took place on April 9 at approximately 5:30 am, in the Vice President’s residence located in the New GRA area, off Bama Road, Maiduguri, the capital of Borno State, which has been plagued by security challenges. Reports indicate that Ibrahim…
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Nigeria, Few Others Retain Positive Credit Outlook,Despite Tariffs -Fitch Ratings

Nigeria, Few Others Retain Positive Credit Outlook,Despite Tariffs -Fitch Ratings

Pressure from United States (U.S.) aid freezes and global trade tension is unlikely to result in widescale credit downgrades in Africa, Fitch Ratings said today, April 10. Nigeria was identified as among African nations that retain a positive credit outlook,which could even be increased, irrespective of ongoing American trade tensions and aid slashes. Fitch is a credit rating agency and one of the Big Three, alongside Moody's and Standard & Poor's. Fitch Ratings provides credit ratings for various entities including governments and corporations, to assess their creditworthiness. It weighs their creditworthiness to provide investors with insights into their ability to…
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NPFL Punishes Shooting Stars Over Attack On Ikorodu FC

NPFL Punishes Shooting Stars Over Attack On Ikorodu FC

By Stephen Gbadamosi, Ibadan Shooting Stars Sports Club (3SC), Ibadan, are to pay a fine of N3 million and another N2 million to Ikorodu City FC for damages to the latter's bus, following security breaches that resulted in attack on Ikorodu City contingent in their last game. Fans have also been indefinitely restricted from gaining access to Shooting Stars' home games. The incident occurred at the end of the Nigeria Premier Football League (NPFL) Match Day 32 at the Lekan Salami Stadium, Ibadan, Oyo State, South-West Nigeria, leading to a disciplinary panel sitting on Wednesday, April 9. Shooting Stars was…
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Naira, Cedi Seen Stable On Central Bank Support

Naira, Cedi Seen Stable On Central Bank Support

The Nigerian and Ghanaian currencies are expected to be broadly stable in the next week to Thursday, thanks to Central Bank support, traders said. The naira is seen holding steady as Central Bank dollar sales counteract pressure from foreign investors trying to pull their money to safe havens because of United States (U.S.) President Donald Trump's changing tariff policies, according to a report in Reuters today. The report said the naira was quoted around N1,620 to the dollar in intraday trading on Thursday, April 10, compared with a closing quote of N1,530 a week earlier. The unit was sold at…
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