Nigerian Firm to Begin Locally Made Weapons and Reduce Imports of Military Equipment
This information is based on news reports covering the official launch and company statements from August 6, 2025.
Power Companies Failing as Banks/Lenders in a Hurry to Recover Debt
The appointment of a receiver to KEPCO and Egbin Power illustrates that banks are no longer confident in these companies’ ability to repay debts.
Reviewing the Security Detail Under the 8 Presidential Priority Areas of the FG
The economic recovery is impossible in an unsafe environment. Businesses are pulling back investments, and entrepreneurs cannot operate in regions under threat. The result is a surge in unemployment and deepening poverty, particularly among our youth. While inflation and housing shortages also demand urgent attention, they cannot be resolved in isolation from the country’s deteriorating security climate.
Meta Takes Down 6.8m Criminal and Scam WhatsApp Accounts
Scams might not always start on WhatsApp. They may begin on dating apps, texts, or even TikTok, and then shift to WhatsApp to complete the scam.
U.S. Aid Cuts — 14 Million People Could Die Worldwide
The research underscores that scaling back USAID funding risks millions of preventable deaths and threatens to reverse hard-won progress in global health and socio-economic development, making it a critical issue for policymakers worldwide.
Abuja Teachers to Join NANS Protest Against School Strike Under Minister Nyesom Wike
The six Area Councils in the FCT are failing to implement the agreed N70,000 minimum wage for primary school teachers.
This is triggering a mass protest in the state, and teachers are joining the upcoming movement.
SEC Reinforces Commitment to Stop Ponzi Schemes and Loss of Money
The SEC is taking its fight against Ponzi Schemes to the next level.
A new regulatory framework is one of its new strategies to cut the prevalence of perpetrators.
Protests Erupt in Response to Rising Electricity Tariffs
Electricity reforms raise concerns and subsequent protests in Nigeria.
Overall Fraud Rate in Nigeria Surging With AI-generated Credentials
Synthetic identity fraud replaces traditional scams. It is a more sophisticated method that uses AI to digitally forge identities.
Nigerian Entrepreneur Charged With Fraud in Houston Faces 25 Years in Jail
If convicted, Adiakpan could face up to 25 years in prison and fines up to $750,000.
The case is being investigated by the FBI and IRS and prosecuted by U.S. Attorneys.