FG Opens Applications for Second Cohort of Student Venture Capital Grant

The Federal Government has opened applications for the second cohort of its Student Venture Capital Grant, offering up to ₦50 million each to 50 outstanding student-led ventures across Nigeria. The initiative, also known as the Next Moonshot Initiative, is designed for student entrepreneurs with Science, Technology, Engineering and Mathematics (STEM)-based business ideas. Applications opened following […]

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Nigerian Customs Seize N3.95bn Worth of Illicit Drugs, Arrest Three Suspects

The Nigerian Customs Service, Federal Operations Unit, Zone A, Ikeja, has arrested three suspects in connection with the seizure of illicit drugs and controlled substances estimated at N3.95 billion in street value. The Customs Area Controller of FOU Zone A, Gambo Aliyu, disclosed this on Thursday in Ikeja during the handover of the seized contraband […]

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SEC Approves Dangote Refinery IPO, Offers 4.1 Billion Shares at ₦525

The Securities and Exchange Commission (SEC) has approved the Initial Public Offering (IPO) of Dangote Petroleum Refinery and Petrochemicals FZE, with the company offering 4.1 billion ordinary shares at ₦525 per share. The offer could raise approximately ₦2.15 trillion if fully subscribed, according to a statement issued by the Dangote Group on Friday. The approval […]

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FAAN Denies E-Hailing Restrictions Forced Uber Out of Nigeria

The Managing Director of the Federal Airports Authority of Nigeria (FAAN), Olubunmi Kuku, has dismissed claims that the agency’s restrictions on e-hailing operations at Nigerian airports contributed to Uber’s decision to exit the country. Kuku, who spoke with journalists at the Murtala Muhammed Airport in Lagos on Friday, said Uber’s exit was a business decision […]

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Counterfeit Products: NAFDAC, SON Under Pressure as Nigerians Raise Alarm

The National Agency for Food and Drug Administration and Control and the Standards Organisation of Nigeria have come under increasing pressure over the proliferation of counterfeit and substandard products, as Nigerians take to social media to expose food, drugs, cosmetics and other consumer goods suspected to be fake or dangerous. The growing online campaign has […]

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Shehu Buba Denies Fresh Banditry Allegations, Calls Claims Political Smear

By Our Correspondent Senator Shehu Buba, representing Bauchi South Senatorial District, has denied fresh allegations linking him to banditry, describing the claims as part of a politically motivated campaign aimed at damaging his reputation. Buba, a former Chairman of the Senate Committee on National Security and Intelligence, said he had petitioned the Inspector-General of Police […]

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US Lobbying Firm Dismisses Claims Tinubu Could Be Arrested at UNGA, Predicts Embarrassment

A United States-based political advisory and lobbying firm, Von Batten-Montague-York, has dismissed claims that President Bola Tinubu could be arrested if he travels to New York for the 81st United Nations General Assembly (UNGA). The firm, however, said the Nigerian president could face public embarrassment during his expected visit to the United States. In a […]

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