By Jemimah Wellington, JKNewsMedia Correspondent A FEDERALLY backed investment vehicle is taking shape to drive large-scale industrial growth across Nigeria’s South-East region, following President Bola Tinubu’s approval of the South-East Investment Company (SEIC) as part of an ambitious public-private initiative. The company, expected to man...
By Jemimah Wellington, JKNewsMedia Correspondent NIGERIA’s SOLEMN tribute to a departed national icon reached its peak on Thursday as President Bola Tinubu announced the renaming of the University of Maiduguri in honour of former President Muhammadu Buhari. Now to be known as Muhammadu Buhari University, Maiduguri, the institution becomes a l...
By Ajibola Olaide, JKNewsMedia Reporter THE FEDERAL Government has unveiled a strategic shift in its electricity policy, declaring local content as a core driver of Nigeria’s power sector transformation. Authorities will now prioritise indigenous manufacturers to accelerate economic growth, expand industrial capacity, and strengthen national ...
By Jemimah Wellington, JKNewsMedia Correspondent FAKE REGISTRATION numbers, forged incorporation documents, and unauthorised business operations have triggered a public alert from the Corporate Affairs Commission (CAC), warning Nigerians to steer clear of three allegedly fraudulent cooperative societies. SPEF Cooperative Society Ltd, UPIL Sta...
By Jemimah Wellington, JKNewsMedia Correspondent HEADLINE INFLATION dropped for a third consecutive month in June, falling to 22.22 percent from 22.97 percent in May, according to figures released by the National Bureau of Statistics (NBS). The latest data, released through the agency’s Consumer Price Index (CPI) report, reflects adjustments m...
By Ajibola Olaide, JKNewsMedia Reporter TWELVE-month manhunt for a notorious drug trafficker ended last week as operatives of the National Drug Law Enforcement Agency (NDLEA) apprehended Okechukwu Izugha, also known as Okey Omeogo, at his wife’s shop in Ijesha Market, Lagos. The arrest followed a months-long investigation after a 9kg cocaine s...
By JKNewsMedia MAKING A solemn request, Nigeria’s former First Lady as Aisha Buhari has conveyed a personal farewell message left behind by her late husband, former President Muhammadu Buhari. Speaking with calm brevity, she revealed his parting words were a plea for national forgiveness. She recalled his repeated instructions in private momen...
By JKNewsMedia  THE OFFICE of the Secretary to the Government of the Federation (OSGF) has formally confirmed the appointment of veteran journalist Yomi Odunuga as Special Adviser on Media and Publicity to SGF George Akume. This settles the confusion stirred by a prior contradictory statement from its Directorate of Information. Terrence Kuan...
By Ajibola Olaide, JKNewsMedia Reporter THE FEDERAL Government has said it will raise N1.76 trillion by issuing Treasury Bills in the third quarter of 2025, according to a new borrowing schedule released by the Central Bank of Nigeria (CBN). The amount reflects a 12.8 percent increase from the N1.56 trillion raised through similar instruments...
By JKNewsMedia NIGERIA’s STATE oil company may sell its refineries as complications continue to undermine years of costly rehabilitation efforts. The Nigerian National Petroleum Company (NNPC) Limited is currently re-evaluating its strategy for revamping its state-owned refineries amid persistent operational setbacks, according to its Group C...
