The African Development Bank (AfDB) and its partners have disclosed that its office has mobilized 2.2 billion dollars (about N3.4 trillion) to implement special agro-industrial processing zones across Nigeria. The outgoing president of AfDB, Dr Akinwumi Adesina, made the disclosure during a paper presentation at the 2025 Standard Chartered Bank Africa Summit recently held in Lagos.
The Department of State Services, DSS had this afternoon discharged three persons whom were wrongfully arrested and detained on the suspicion of belonging to the outlawed Indigenous Peoples of Biafra (IPOB), and its militant wing, Eastern Security Network (ESN), and involvement in the killing of seven Fulani cattle herders.
Troops of the Nigerian Army, in collaboration with hybrid forces and backed by intelligence from the Department of State Services (DSS), on Friday neutralized at least 45 bandits in Iburu village, in the Shiroro LGA of Niger State. According to security sources, the DSS intercepted intelligence on the armed terrorists, travelling on motorcycles to launch attacks on Iburu and nearby communities.
Following the rising vulnerability of Nigerians to data theft, the National Identity Management Commission, NIMC has warned Nigerians not to sell their personal data for N1,500 or N2,000. The spokesman of NIMC, Kayode Adegoke, issued the warning on behalf of the agency in a statement he signed on Sunday.
The Nigerian Air Force (NAF), under Operation Fasin Yamma, has neutralized no fewer than 95 terrorists in a series of precision airstrikes conducted near Ragada and Warari villages in Rijau Local Government Area of Niger State. According to a source, NAF fighter jets intercepted the terrorists at approximately 1500 hours on Tuesday. The militants were reportedly traveling from Zamfara State, transiting through Kebbi State, and heading towards Niger State.
The Senate has yesterday approved President Bola Tinubu’s external borrowing plan of over $21bn for the 2025–2026 fiscal cycle, which is believed to allow for the full implementation of the 2025 Appropriation Act. The detailed borrowing package includes $21.19bn in direct foreign loans, €4bn, ¥15bn, a $65m grant and domestic borrowing through government bonds summing upto approximately N757bn.
