Nigeria loses $18bn yearly to procurement fraud
Federal Government exposes $18 billion annual loss to procurement corruption, demands transparency in public contracts to fund national development projects.
Category : Search result: N2 billion empowerment fund
Tompolo gets honorary doctorate from ECU
Edwin Clark University confers an honorary doctorate on Tompolo for his transformative contributions to education and regional security. The university also unveils a N10 billion endowment fund.
SERAP defends mandate in N5bn suit against DSS officials
SERAP tells court it promotes economic rights, not anti-government criticism, in N5bn defamation case. Case adjourned to February 19 for final addresses.
7th Lagos Kids Mini Marathon Set for December 2025
St. Saviour's School Ikoyi launches the 7th Lagos Kids Mini Marathon on December 6, 2025. Children aged 5-14 can participate in fitness races supporting education.
Lumumba to Deliver UNILORIN's 50th Anniversary Lecture
Renowned speaker Prof. Patrick Lumumba will deliver the University of Ilorin's 50th-anniversary lecture. The event features a N500bn endowment fund and a Nollywood premiere. Don't miss this historic celebration!
Shehu Sani counters El-Rufai's N1bn bandit payment claim
Former Senator Shehu Sani denies El-Rufai's accusation that Kaduna government paid bandits N1 billion. Sani reveals El-Rufai's own history of appeasing terrorists during his tenure. Read the full explosive details.
Olaogun Community Launches N300m Health Fund
Olaogun community in Agbado, Ogun State, is set to raise N300 million for its health centre during the Olaogun Community Day on November 29, 2025. Join the initiative for better healthcare.
Stanbic IBTC Supports 200 Children with Prosthetic Limbs
Stanbic IBTC celebrates supporting 200 children through Together4ALimb initiative, providing prosthetic limbs and education trust funds. Join the movement for inclusive education.
VFD Group Redeems N12.8bn CP, Strengthens Position
VFD Group Plc successfully redeems N12.83 billion Series 5 Commercial Paper, demonstrating strong liquidity and financial discipline ahead of Rights Issue closing.
Tinubu to Women: Embrace Digital Skills, Start Small
First Lady Oluremi Tinubu urges Nigerian women to embrace digital skills and start small for economic empowerment. Learn how NITDA's training program is transforming women's futures across Nigeria.
$800,000 Oxygen Investment in Cross River Health
Federal Government and NACA unveil $800,000 oxygen infrastructure in Cross River health facilities, enhancing emergency care services across the state. Discover how this investment transforms healthcare delivery.
N20bn Money Laundering Case Adjourned to Dec 16
Federal High Court Lagos adjourns Taiwo Ibitola Taiwo's N20 billion money laundering case to December 16, 2025. The businesswoman faces fraud and conversion charges over family inheritance.
Court awards N20.7bn against petroleum marketer
A Federal High Court in Lagos has ordered Kehinde Elliot Ogbor and Danium Energy to pay Union Bank N20.7 billion. The bank can now seize and sell properties to recover the debt. Read the full details.
Health Coalition Warns of Nigeria's Dwindling Health Sector
The Health Sector Reform Coalition raises alarm over Nigeria's underfunded health system, warning of disrupted immunisation and maternal care. Urgent action is needed to stop the 'Japa' syndrome.
Man Discovers N1.1bn Gold Bars in His Backyard
A man in France struck gold, unearthing bars worth over N1.1 billion while excavating for a swimming pool. He reported the find to authorities. Discover the legal twist!
Lagos N200bn Bond Oversubscribed by 55%
Lagos State's landmark ₦200 billion bond issuance closed with 55% oversubscription, signaling strong investor confidence in Nigeria's economy and the state's development agenda.
Bauchi Rep Spends N1bn on Constituency Projects
Kabiru Yusuf, Alkaleri-Kirfi federal lawmaker, disburses N1 billion empowerment items including vehicles, motorcycles, and cash to constituents in Bauchi.
Ogun Creates Women Trust Fund to Fight Poverty
Ogun State government institutionalizes Oko'wo Dapo scheme into Women Trust Fund to empower women economically. 105,000 beneficiaries targeted across four LGAs with training and resources.
Tamrose repays $10m loan, expands fleet to 15 vessels
Tamrose Limited repays a $10 million NCI Fund loan, expanding its fleet from 4 to 15 vessels and creating hundreds of jobs, setting a new benchmark for Nigerian oil and gas service companies.
Bimbo Ademoye's Dad Makes Acting Debut in Her Movie
Nollywood star Bimbo Ademoye gets emotional as her father makes his acting debut in her new movie M.A.F.H. after she promised him N30 billion. See the heartwarming video and fan reactions.
Tinubu: Reforms Secure Youth Future with Global Skills
President Tinubu reveals economic reforms aim to equip Nigerian youth with competitive skills. Education loans ensure no student drops out. 320 youths to receive international awards in Lagos.
Woman wins N2.5bn from husband's side chick
A North Carolina woman successfully sued her husband's mistress for N2.5 billion in damages under alienation of affection law. Discover how the court ruled in this groundbreaking case.
Fola Crosses 1 Billion Career Streams Milestone
Nigerian Afrobeats star Fola surpasses 1 billion streams globally in his debut year. Discover how his album 'Catharsis' and unique sound propelled this historic achievement.
FG Pays N10m Interest-Free Loans to Varsity Staff
Federal Government disburses N10 million interest-free loans to tertiary institution staff. Over 9,000 workers receive payments in first batch with 12-month moratorium.
Osun Passes N705bn 2026 Budget for Second Reading
Osun State Assembly approves N705 billion 2026 appropriation bill for second reading. Governor Adeleke's 'Budget of Economic Transformation' focuses on infrastructure and citizen welfare.
FG Opens N50m Student Venture Capital Grant Portal
Nigerian students can now apply for the FG's N50 million equity-free venture capital grant. Applications open at svcg.education.gov.ng for STEMM innovations with Google partnership benefits.
Akande hails Aiyedatiwa on Ondo development
APC chieftain Bisi Akande applauds Governor Lucky Aiyedatiwa for transforming Ondo State into industrial hub through massive investments and inclusive governance.
NUPRC Praised for Transparent Frontier Fund Use
Oil and Gas Watchdogs Network commends NUPRC's transparent management of Frontier Exploration Fund, highlighting proper deployment for Nigeria's energy security. Read more.
Uncertainty as ex-Anambra gov Obiano reportedly dies
Controversy surrounds the reported death of former Anambra State governor Willie Obiano in London. Get the latest updates on his health status and ongoing EFCC trial.
Nigeria probes $4.6bn health grants management
The House of Representatives investigates the management of over $4.6 billion in health grants from Global Fund and USAID received between 2021 and 2025 to ensure transparency and accountability.
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