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NDIC strengthens agents to recover N1.5tr from failed bank debtors

NDIC strengthens agents to recover N1.5tr from failed bank debtors

By Cynthia Alo The Nigeria Deposit Insurance Corporation (NDIC) has strengthened and repositioned its debt recovery agents in a renewed push to recover about N1.5 trillion owed to liquidated Deposit Money Banks (DMBs) and Microfinance Banks (MfBs). The move, the Corporation said, is aimed at accelerating reimbursement to depositors, many of whom are market women, small business […]

Capital importation hits $21bn in 10 months —Minister

Capital importation hits $21bn in 10 months —Minister

..seeks higher 2026 funding to sustain gains By Gift ChapiOdekina,Abuja Nigeria’s capital importation surged to a record $21 billion within the first 10 months of 2025, a 75% leap from roughly $12 billion recorded in the corresponding period of 2024.  Disclosing this during the 2026 budget defence before the Joint House of Representatives Committee on Commerce in […]

REA’s solar mini-grids end years of blackout in FCT communities

REA’s solar mini-grids end years of blackout in FCT communities

After several decades without electricity, two communities in the Federal Capital Territory (FCT) on Thursday celebrated five months of uninterrupted power supply following the completion of two solar-powered mini-grids with a combined capacity of one megawatt.

Kebbi gears up for Tinubu’s visit, mega projects unveiling, cultural fiesta

Kebbi gears up for Tinubu’s visit, mega projects unveiling, cultural fiesta

By Victor Ahiuma-Young The Kebbi State Government has called on residents of the state to accord President Bola Tinubu a warm and rousing welcome as he arrives on a state visit on Saturday, February 14, 2026.President Tinubu is expected to commission several major, people-oriented projects executed by the administration of Governor Nasir Idris during the […]