About The Author

gbn

Showing: 51 - 60 of 7,289 Articles
Uncategorized

US deploys 100 military personnel, equipment to Nigeria

Abuja, Feb, 17, 2026 – The Defence Headquarters on Monday disclosed that about 100 military personnel and equipment from the Unit ed States have arrived in Nigeria through the Sir Abubakar Tafawa Balewa Bauchi State International Airport, Bauchi State. Maj. Gen. Samaila Uba, the Director of Defence Information, disclosed this in a statement on Monday. He said he deployment of the officers followed deliberations during a working group engagement between a Nigerian delegation and its United States counterpart. The statement reads: “The Defence Headquarters (DHQ) wishes to announce the arrival …

Uncategorized

Polaris Bank launches global gift card feature on VULTe

Lagos, Feb, 17, 2026 – Polaris Bank, through its digital lifestyle platform VULTe, has introduced a faster, smarter way for users to send love, appreciation, and rewards across borders with the launch of its new Gift Card feature, enabling customers to deliver global brand gift cards to family and friends anywhere in the world in seconds. Designed for speed, security, and everyday relevance, the feature allows users to choose from a wide range of international and local brands spanning groceries, beauty and wellness, fashion, electronics, entertainment, gaming, and lifestyle services, …

Internet

Lekeelekee: Obaigbena, Nigeria’s media entrepreneur, launches revolutionary digital platform

By Paul Ejime Abuja, Feb, 17, 2026 – At a time when Nigerians are demanding more transparent and acceptable methods of election results transmission, Prince Nduka Obaigbena, Chairman of Arise News Television/ThisDay Newspaper media group, has floated an African-built social media platform, LekeeLekee.com, to expand his business empire, cater to the needs of digitally underserved communities and at the same time, challenge media imperialism. Africa’s estimated 1.4 billion people are largely consumers of media applications/platforms built mainly by the West and China. “For too long, global platforms have been built …

General News Uncategorized

EU countries must not hide behind national interests, German minister says

  Berlin, Feb 17, 2026 – German Finance Minister Lars Klingbeil said on Monday the European Union was at a turning point in which countries should not hide behind national interests but accelerate progress to strengthen EU influence and sovereignty. “We want to cut through knots, we want to find solutions always with the goal of strengthening Europe’s sovereignty and making Europe strong,” Klingbeil said in Brussels. “This is a very European moment.” Speaking before a meeting of EU finance ministers, he said Germany was ready to make compromises. “The …

Money market

NDIC raises deposit insurance coverage to N5m, now covers 99% of banks’ deposits

Kaduna, Feb. 13, 2026 – The Nigeria Deposit Insurance Corporation (NDIC) has fully insured deposits of about 99 per cent of depositors in Nigerian banks. It has also raised the deposit insurance coverage to N5 million to protect bank customers nationwide. Thompson Sunday, its Chief Executive, disclosed this at the NDIC Special Day at the 47th Kaduna International Trade Fair. He said these efforts were in the bid to fulfill the NDIC’s mandate of safeguarding depositors’ funds and strengthening public confidence in the financial system. The NDIC boss, who was …

Uncategorized

FG registers 15m Nigerians for World Bank assisted cash benefit scheme

Lagos, Feb. 13, 2026 – The federal government has registered about 15 million households for conditional cash assistance being implemented with the World Bank. Bernard Doro, the Minister of Humanitarian Affairs and Poverty Reduction, said this on Arise Television on Friday. He said these 15 million Nigerian were captured in its Benefit Register to benefit from the direct financial support meant to support the poor from economic shocks. The minister, however, explained that not all households listed in the National Social Register would qualify for the direct financial support.  “We …

Oil and Gas

Nigeria can turn risks to opportunities for growth and development in oil industry – SNEPCo

Lagos, Feb, 13, 2026 – Nigeria can transform risks and complexities in the oil and gas industry to opportunities for growth and development if operators and regulators collaborate in a business environment that encourages transparency and governance discipline without late-stage fiscal or regulatory shocks. Ronald Adams, the Managing Director of Shell Nigeria Exploration and Production Company Limited (SNEPCo), gave the advice at the 10th Sub Saharan Africa International Petroleum Exhibition and Conference (SAIPEC) which opened in Lagos this week. “Nigeria continues to demonstrate that Africa remains investable,” Adams said in remarks …

General News

Ondo Signate Agency warns residents to stop harassing officials while conducting lawful activities

Akure, Feb. 13, 2026 – The Ondo State Signage and Advertisement Agency (OSSA) has warned residents to stop harassing its officials while conducting their lawful activities. The Agency gave the warning in a statement on Thursday. It strongly condemned the “unruly and unacceptable conduct” displayed by one John Kollyns, who allegedly harassed its officials during a lawful enforcement exercise on illegal signage structures. It said its officers were carrying out their statutory responsibilities in line with the enabling laws of Ondo State when the incident happened. “Any attempt to obstruct, …

Oil and Gas

Oil up 1% as Middle East tension offsets large US crude stocks build

New York, Feb 13, 2026 – Oil prices gained about 1% on Wednesday, as investors worried about escalating tensions between Iran and the U.S., which were preparing to resume negotiations, while a weekly report showing a large build in U.S. crude inventories limited gains. Brent crude oil futures settled 60 cents, or 0.87%, higher at $69.40 a barrel. U.S. West Texas Intermediate crude gained 67 cents, or nearly 1.05%, to $64.63. “The market continues to be supported by the tension between the U.S. and Iran and the on-again, off-again talks …

Agriculture Uncategorized

Tinubu commends BOI for disbursing N636bn loans  in 2025

Abuja, Feb. 12, 2026 – President Bola Tinubu on Thursday commended the Bank of Industry (BOI) for increasing its loan disbursement to N636 billion in 2025. He described the amount as the highest in the history of the bank and a milestone which validated his administration’s economic reform agenda. According to a statement issued by Bayo Onanuga, the Special Adviser to the President on Information and Strategy, the N636bn disbursed by the bank in 2025 translated directly into productive capacity across Nigeria. He said the record disbursement demonstrated that ongoing …