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1 month ago | 
businessday.ng | Chuka Uroko |Ojochenemi Onje
Nigeria’s real estate sector is gaining significant momentum as reflected in the rebased gross domestic product (GDP) where it emerged as the third largest sector in the Nigerian economy. Valued at $2.14 trillion by the end of 2024, the sector has seen a 7.24 percent growth from the previous year and is projected to reach $2.61 trillion by 2025, with further growth to $3.41 trillion by 2029.
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2 months ago | 
businessday.ng | Anthony Ailemen |Ojochenemi Onje
For six years, insecurity has disrupted agribusiness training in Kaduna State, preventing thousands of aspiring farmers from acquiring vital skills. The Leventis Foundation, a key player in agricultural training for over three decades, was forced to suspend operations at its Kaduna center in Birnin Gwari due to rising security threats. As a result, more than 3,000 farmers have been denied opportunities that could improve food production and boost their livelihoods.
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2 months ago | 
businessday.ng | Ojochenemi Onje
Ola Olukoyede, Chairman, Economic and Financial Crimes Commission (EFCC), has criticized Nigerians for condemning corruption while simultaneously rallying behind corrupt leaders when they face prosecution. Olukoyede made this remark on Friday in Abuja when officials of the Centre for Crisis Communication (CCC), led by Chris Olukolade, director of its board of trustees, visited him.
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2 months ago | 
businessday.ng | Ojochenemi Onje
The Police Service Commission (PSC) has approved the immediate retirement of senior police officers who have either exceeded 35 years in service or turned 60 years old, in compliance with the Public Service Rules. The decision reached during an extraordinary meeting on Friday, signalled a major shake-up within the police force.
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2 months ago | 
businessday.ng | Ojochenemi Onje
The Nigeria Police Force (NPF) has said that it recovered a total of 1,519 stolen vehicles in 2024 using the Central Motor Registry Portal (e-CMR), a digital system designed to track and identify stolen vehicles across the country. Olumuyiwa Adejobi, Force Public Relations Officer, disclosed this on Thursday in Abuja highlighting the success of the e-CMR in combating vehicle-related crimes.
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2 months ago | 
businessday.ng | Ojochenemi Onje
The Nigeria Security and Civil Defence Corps (NSCDC) Commandant General’s Special Intelligence Squad (SIS) has arrested four individuals linked to illegal petroleum product dealings in the oil-rich regions of the country. The suspects were apprehended in Abia State for their involvement in crude oil theft, vandalism, and economic sabotage.
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2 months ago | 
businessday.ng | Ojochenemi Onje
The Economic and Financial Crimes Commission (EFCC) has assured the public of a fair review process following widespread complaints about its online auction of forfeited vehicles. The auction, held between January 20 and 27, 2025, was marred by technical glitches, website accessibility issues, and concerns over inflated bid prices, leading to frustration among participants.
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2 months ago | 
businessday.ng | Ojochenemi Onje
The Federal Capital Territory High Court in Kuje has deferred the arraignment of Usman Yusuf, former executive secretary of National Health Insurance Scheme (NHIS), to Monday, February 3, 2025. Yusuf, who was arrested by the Economic and Financial Crimes Commission (EFCC) on Wednesday, appeared before Justice Chinyere Nwecheonwu on Thursday for his scheduled arraignment on fraud-related charges. However, the court adjourned the case to allow for an amendment of the charges.
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2 months ago | 
businessday.ng | Ojochenemi Onje
Kayode Egbetokun, Inspector General of Police (IGP) of Nigeria has called for greater intelligence sharing among African law enforcement agencies as a key strategy to tackle crime and terrorism across the continent. Speaking at the Eastern Africa Police Chiefs Cooperation Organisation (EAPCCO) conference, the IGP stressed the importance of regional collaboration, data-driven policing, and cross-border efforts in fighting transnational organized crime.
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2 months ago | 
businessday.ng | Ojochenemi Onje
Security operatives in Zamfara State have intercepted a large arms shipment smuggled in from Niger Republic, disrupting a major supply chain for armed criminal groups in the region. The operation, carried out by operatives of the Department of State Services (DSS) and troops of Operation Fansan Yamma, led to the seizure of sophisticated weapons meant for notorious bandit leaders.
