The University of Ilorin has begun talks with the Nigerian National Petroleum Company Limited on a strategic partnership aimed at strengthening research, innovation and industry collaboration in Nigeria’s engineering and technology sector. The development followed a high-level meeting between officials of the university and the oil company held at the NNPC Towers in Abuja last...
Category: Business
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FG STATES, LGCs SHARE N1.894 TRILLION FROM A GROSS TOTAL OF N2.230 TRILLION FOR THE MONTH OF FEBRUARY, 2026*
The Federation Account Allocation Committee (FAAC), at its March 2026 meeting chaired by the Honorable Minister of Finance and Coordinating Minister of the Economy, Wale Edun, shared a total sum of N1.894 Trillion to the three tiers of government as Federation Allocation for the month of February 2026, from a gross total of N2.230 Trillion.‎ ‎From...
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The Power Shift: Making the Case for Women in the Global Economy
… as Faleye lauds Nigerian women, says they are pivotal to the national progress. The Managing Director and Chief Executive of the Nigeria Social Insurance Trust Fund (NSITF), Barrister Oluwaseun Faleye, has asserted that empowering women transcends moral duty, describing it as a fundamental economic and social necessity.​Speaking as the Special Guest of Honour at...
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NNPC Secures Presidential Approval for $20 Billion Final Investment Decision on Bonga Deepwater Project‎
His Excellency, President Bola Ahmed Tinubu GCFR, has approved a targeted fiscal incentive designed to unlock the longawaited Final Investment Decision (FID) on the Bonga Southwest Aparo (BSWA) deepwater project, marking a milestone in Nigeria’s ongoing drive to attract strategic investments and accelerate sustainable economic growth. The project is estimated to attract about $20 billion in Foreign...
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OAGF Explains Delay in February 2026 Salaries for Federal Ministry of Steel Development and 4 Agencies
The Office of the Accountant-General of the Federation (OAGF) has explained the reason for the delay in the payment of February 2026 salaries to staff of the Federal Ministry of Steel Development and 4 Agencies.‎‎According to the OAGF, the delay was caused by salary shortfalls recorded in the personnel cost allocations of the affected MDAs.‎‎The...
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February 2026 Salary For Treasury -Funded Workers Commences — OAGF
The Office of the Accountant-General of the Federation (OAGF) has commenced the payment of February 2026 salaries to Federal Government treasury-funded workers. Payments began on Monday, March 2, 2026.‎‎The Office explained that the delay in the payment of the February 2026 salaries was due to technical glitch and it has been tackled and necessary measures...
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Ministry committed to Stronger Data Accountability Culture – Belgore‎
‎In line with the provisions of the Nigeria Data Protection Act (NDPA 2023), an awareness Seminar on Annual Data Protection and Compliance Audit was organized for the Directors of the Federal Ministry of Housing and Urban Development.‎‎The NDPA 2023 represents a landmark achievement in Nigeria’s digital governance framework. It establishes clear obligations for all public...
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FG Moves to Curb Budget Waste, Urges MDAs to Adopt Procurement Act
‎The Federal Government has directed Ministries, Departments and Agencies (MDAs) to strictly adhere to the provisions of the Public Procurement Act in the implementation and payment of the 2025/2026 Capital Budget.‎‎The Honourable Minister of State for Finance, Mrs. Doris Uzoka-Anite, gave the directive during a stakeholders’ meeting on the implementation of the extended 2025 Capital...
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Guinness World Record Recognises David Umahi
Left, the Hon. Minister of Works Engr. Nweze David Umahi received the year 2026, World Guinness Book of Record from the Managing Director, of Guinness Nigeria, Mr.Girish Sharma. During a courtesy visit to the office of the Hon. Minister of Works at Mabushi Abuja. Date: 17th February, 2026. 83 Views
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National Telecoms Policy: NCC Opens Floor for Stakeholder Consultations
‎Seeking to modernize the sector, the NCC has published a consultation paper for the NTP 2000 review. Stakeholders are encouraged to review the document online and submit their written recommendations to the Commission.‎‎The Commission has set Friday, March 20, 2026, as the deadline for all submissions from stakeholders to be addressed to the Executive Vice...