…logistics and further capacity. The irony is that the ransom that saves one victim can finance the kidnapping of another. Our correspondents conclude by unveiling a recent analysis of Nigeria’s kidnap economy which revealed that the North accounted for the overwhelming majority of kidnapping victims, while ransom payme…

…Our correspondent reports that Hassan Muhammadu was also a former Commissioner for Finance and Economic Development in Gombe State. Some sources disclosed that he is set to join the ruling All Progressives Congress (APC) to work for the party’s governorship candidate, Dr Jamilu Isiyaku Gwamna. Jamilu Gwamna’s camp said…

…viewed merely as an expenditure, but as an investment in the future of society. “When we finance children’s health today, we secure a healthier, stronger and more productive generation tomorrow,” he said. On her part, the UNICEF Chief of Bauchi Field Office, Dr Nuzhat Rafique, represented by an Education Specialist, Ab…

…explained that a delegation of students from the institution's Department of Banking and Finance had visited Alli at his Mokola campaign office in Ibadan to interview him and extend an invitation to an upcoming departmental programme. According to the campaign team, the office was crowded upon the students' arrival, le…

…has renewed attention on fiscal discipline, borrowing and the sustainability of state finances. Read here: https://punchng.com/tenure-countdown-states-owe-n5-3tn-as-12-govs-near-exit/ INEC fears AI-powered disinformation ahead of 2027 The Independent National Electoral Commission has warned that artificial intelligence…

…itself. But it must be combined with improved seeds, irrigation, organization, markets, finance, extension, digital services and efficient input systems.” On his part, Group Head, Agriculture and Solid Mineral Finance, Sterling Bank Plc, Dr. Olushola Obikanye, said weak market structures were also eroding farmers’ earn…

…capable of unlocking greater private-sector investment. Mobilising Collaborative Finance explores how banks, development banks, DFIs and long-term investors can combine instruments and risk appetite to finance productive growth. Not only that, the Advance Responsible Business Leadership concept examines what businesses…

…generators, which had negatively affected the productivity of firms. The development finance institution further stated that the financial position of the electricity sector remained unsustainable, with tariff shortfalls estimated at $2.45bn by the end of 2025. It said its support would enable the mobilisation of priva…

…sovereign outlook from stable to positive while retaining its B3 rating. Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, said the government’s medium-term objective was to move Nigeria firmly towards investment-grade status. “Our medium-term ambition is to place Nigeria firmly on the path t…

…However, after it emerged that the young man is a representative of the Banking and Finance Students' Association, from the Ibadan Polytechnic, viewers became outraged as they called the act an abuse of power. The video was recorded when students met with the Oyo APC gubernatorial candidate, Sharafadeen Abiodun Alli to…

…continue increasing pressure on Moscow and look for ways to reduce Russia’s ability to finance its war in Ukraine.She said the bloc had already agreed to provide Ukraine with a €90bn loan and was considering additional funding to help Kyiv purchase PAC-3 air-defence missiles.The alleged Leipzig attack comes amid a seri…

…per litre, we must still try to make a minimal markup to be able to pay for the cost of finance, cost of services, cost of logistics, cost of overhead and all of that. So, it is not the doing of the retail outlets. Petroleum members are only going to be selling exactly how they buy. “So, we don’t buy products and then…

…Wuraola Sokefun graduated from Babcock University with a First Class Honours degree in Finance. She sat the ICAN examinations while still a student and earned the Associate Chartered Accountant designation.

…from to sustain such payments. ” Previous administrations often resorted to borrowing to finance fuel subsidy and, in some instances, to pay workers’ salaries. “Today, loans are largely tied to specific capital projects rather than recurrent expenditure such as salaries or fuel subsidy. We should not return to that era…

…massive leakages, fraudulent claims, inefficiency, and a significant drain on public finances.” He warned that reviving the system “without clearly addressing these problems risks misleading Nigerians for short-term political gains and could reverse the fiscal space now supporting critical national investments,” insist…

…during a budget defence session before the House of Representatives Committee on Finance. He confirmed that the new remuneration package covers ministers and political office holders, though he did not provide a full breakdown of the proposed figures at the time.As of the time of this report, the federal government has…

…and transparent foreign-exchange market while closing channels vulnerable to illicit finance, speculation and round-tripping. Digital reforms, new directorates On institutional reforms, Olukoyede said the EFCC introduced new guidelines on arrest and bail, reviewed sting operations and established the Department of Frau…

…But as the industry expands and more companies compete for customers, NorthQuest Finance believes the next phase of growth may be defined by something more difficult to build than technology: trust. According to the company, the fintech businesses that survive the next decade may not necessarily be those with the bigge…

…other appropriate financial services. Smallholder farmers were considered too risky to finance, with most lacking collateral, reliable data or structured records. It is estimated that only around 6% of African smallholder farmers or rural households access formal credit, although the proportion varies significantly by…

…going to ​see ⁠a lot more of ‌these every week," Bessent said ahead of a Group of 20 finance leaders meeting. "We're starting with the ‌banks, and we're telling the ‌banks it's not okay to have Iranian money and to aid the regime." by Linda Ikeji at 31/08/2026 7:57 AM | Share this Story

…their operating expenditure of the preceding financial year. The funds are intended to finance projects and programmes that improve the social and economic conditions of host communities while also promoting peaceful relations between communities and petroleum companies. Eyesan said the trusts had already begun funding…

…to restore fuel subsidy raises fundamental questions about how such a policy would be financed and sustained without returning Nigeria to the cycle of fiscal pressures that characterised the previous arrangement. “Subsidy may appear attractive because it promises cheaper petrol, but Nigerians must also ask the bigger q…

…be seriously concerned,” the party said. Citing figures attributed to the Minister of Finance, the ADC said petrol subsidy removal and foreign-exchange reforms generated about N15.8 trillion in additional resources for the Federation between June 2023 and December 2025. Of this, N5.4 trillion went to the Federal Govern…

…manage the debt burden, protect essential services and reduce the pressure on Kaduna’s finances. The PDP urged Governor Uba Sani to stop looking backwards for excuses and start looking forward with concrete solutions, saying that history cannot be rewritten, public records cannot be erased and responsibility cannot be…

President Bola Tinubu has directed the Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, to oversee a comprehensive forensic audit of Federal Government systems, including the Integrated Personnel and Payroll Information System. The directive was contained in a statement signed by the preside…