Regional News
Over 10,000 people killed across Nigeria in Tinubu’s first two years
The Nigerian authorities’ shocking failure to protect lives and property from daily attacks by armed groups and bandits has cost thousands of lives and created a potential humanitarian crisis across many northern states, said Amnesty International. A new investigation shows that, in the two years since the current government has been in power, at least 10,217 people have been killed in attacks by gunmen in Benue, Edo, Katsina, Kebbi, Plateau, Sokoto and
6,549 Killed, 3,804 abducted as Nigeria ranked 20 least- secured nation – Report – Businessday NG
Not less than 6,549 Nigerians have been killed in one year, according to the 8th Edition of the National Day of Mourning for Victims of Mass Atrocities released in Abuja on Wednesday. The Report added that not less than 3,804 Nigerians had been abducted within the slated time frame, ranking Nigeria one of 20 least-secured countries to live in the World.
Centre Condemns Delayed Terrorism Trial of 1,450 Suspects
The Joint Investigation Centre of Operation Hadin Kai in Nigeria’s North-East has raised concerns over the prolonged delay in the trial of 1,450 terrorism suspects, despite the completion of investigations into their cases. The centre revealed that the suspects were among 1,877 individuals arrested and investigated for alleged involvement in terrorist activities across the region.
30 killed in Taraba communal clash – Daily Trust
Gunmen last Friday launched a deadly attack on the Munga Lelau community in the Karim Lamido Local Government Area of Taraba State, killing over 30 people and razing numerous houses and food stores worth several millions of naira. Although some parts of the local government have recently witnessed recurring communal clashes between farmers and herders, Friday’s incident was described as the worst in recent memory.
Jihadists in Nigeria using TikTok to spread ideology and recruit fighters
Jihadists in Nigeria and their supporters are increasingly turning to social media platform TikTok, posting videos of themselves posing with rifles, grenades and stacks of cash, according to reports by French news agency AFP. AFP reviewed videos on the social network, easily accessible to everyone, they said. At least 100 people were killed in the new wave of jihadist attacks in April, as the governor of Borno, the epicentre of the violence which has raged since 2009, said the state is losing ground to armed groups.
Suspected Suicide Bomber Killed in Failed Attack Near Military Barrack in FCT – PRNigeria News
Suspected Suicide Bomber Killed in Failed Attack Near Military Barrack in FCT A suspected suicide bomber was killed in a failed attempt to infiltrate the Mogadishu Cantonment in Abuja. PRNigeria gathered that the assailant, carrying an Improvised Explosive Device (IED), died when the device detonated prematurely near a military checkpoint, injuring two other individuals.
How 11 FCT villagers were killed in midnight attack – Daily Trust
No fewer than 11 people, comprising males, females and children, have been reportedly killed by attackers in Kuseki community in the Abuja Municipal Area Council (AMAC) of the FCT. A member of the community, Danladi Usman, said the incident happened last Friday around 10:47pm when the villagers had turned in for the night.
BREAKING: Troops overpower, chase ISWAP terrorists with firepower in Damasak – Yerwa Express News
The troops of Operation Hadin Kai have overpowered and chased members of Islamic State of West African Province, ISWAP, who tried to infiltrate Damasak. Damasak is the headquarters of Mobbar, a local government area of Borno. The attack, according to our sources, occurred this night, at about 8:45 pm.
NiMet warns of heavy rainfall, flash floods across 15 states including FCT – SolaceBase
The Nigerian Meteorological Agency (NiMet) has issued a Heavy Rainfall Forecast Bulletin, alerting the public to expect moderate to heavy rains from Wednesday, May 28, to Friday, May 30, 2025. According to the bulletin issued on Tuesday, the rainfall may lead to flash flooding in parts of the country. SolaceBase reports that these include Bayelsa, Rivers, Delta, Ondo, Edo, Akwa Ibom, Cross River, Imo, Abia, the Federal Capital Territory, Kaduna, Nasarawa, Kogi, and Niger.
Borno: Why Alau dam collapsed in 2024 – experts – Daily Trust
Experts with the Nigerian Academy of Engineering (NAEng) have explained why Alau dam in Borno State collapsed in 2024. Daily Trust reports that in 2024, Alau dam collapsed, causing catastrophic flooding in Borno and killing at least 150 people, with an estimated 300, 000 residents displaced. After the collapse, professionals from the NAEng visited the scene to access the situation and proffer lasting solutions.
Hardship: #Endbadovernance movement Declares Nationwide Protest on June 12 – Daily Trust
#Endbadovernance Movement has announced its plan to stage protests across states of the federation on June 12. Comrade Hassan Soweto, one of the leaders of the movement, announced this at a press conference in Lagos, on Thursday. ‘He said the protest is aimed at expressing dissatisfaction with the current administration over its economic reforms which have triggered hardship.
2 Soldiers, Many Terrorists Killed as Military Foils ISWAP Midnight Attack in Borno – PRNigeria News
2 Soldiers, Many Terrorists Killed as Military Foils ISWAP Midnight Attack in Borno Troops of Operation Hadin Kai (OPHK) under the Joint Task Force North East have successfully repelled a daring midnight attack by terrorists of the Islamic State of West Africa Province (ISWAP) in New Marte, Borno State. The foiled attack, which occurred around 1:35 a.m. on Tuesday, May 27, targeted the 50 Task Force Battalion base.
Kano mosque arsonist sentenced to death by hanging – Daily Trust
An upper Shariah court in Kano has sentenced Shafiu Abubakar to death by hanging for setting ablaze worshippers at a mosque in Gadan Village of Gezawa local government area of state. The incident happened when the worshippers were performing early morning prayers on May 15, 2024. About 11 people died immediately while 12 others lost their lives while receiving treatment at the Murtala Muhammed Specialist Hospital.
At least 42 killed in weekend attacks in Nigeria’s Benue state, local official says | Reuters
At least 42 people were shot dead by suspected herders in a series of weekend attacks across Gwer West district in Nigeria’s central Benue state, a local official said on Tuesday. Thirty-two bodies were recovered from Sunday’s assaults on the Ahume and Aondona villages, while 10 more were.
Separatists’ sit-at-home protests lead to 700 deaths in Nigeria’s southeast, report says | Reuters
A sit-at-home order by banned separatist group Indigenous People of Biafra in Nigeria’s southeast has led to the death of over 700 people in the region over the past four years, an intelligence consultancy said in a new report. The IPOB, campaigning for the secession of the southeast that is predominantly inhabited by the Igbo ethnic group, has been labelled a terrorist organisation by Nigerian authorities.
Imo schools shut over death of children from diphtheria outbreak – Daily Trust
An unconfirmed number of children have been confirmed dead in Mbutu Community in Aboh Mbaise Local Government Area of Imo State due to an outbreak of diphtheria. The Chairman of Aboh Mbaise LGA, Barr. Iheukwumere Henry Alaribe, confirmed the death of the children in a statement dated May 26, 2025. Diphtheria is caused by a toxin-producing bacterium called corynebacterium diphtheriae.
Flood: 21 dead, 50 houses washed away in Niger – SolaceBase
The Niger State Emergency Management Agency (NSEMA) has confirmed the death of 21 persons in a deadly flood disaster that ravaged two communities in the early hours of Thursday. The affected communities are Tiffin Maza and Anguwan Hausawa in Mokwa town of Mokwa Local Government Area.The incident occurred during a heavy downpour that lasted several hours on Thursday.
Nigerians, others to be affected as US suspends student visa interviews
The US government has suspended the scheduling of new interviews for student visa applicants worldwide as it considers strict vetting of applicants’ social media profiles. The directive was issued by the US Secretary of State, Marco Rubio, in a cable sent out to diplomats worldwide on Tuesday, according to Politico. This means that US embassies in Nigeria and many other countries will stop setting up new interview appointments for people who want to apply for student visas, such as the F-1 visa.
7 killed in fresh Plateau attack – Daily Trust
About seven people have been killed in an attack in Mushere community of Bokkos Local Government Area of Plateau State. The attack, it was, learnt happened on Tuesday night. Sources said it was a fall out of Monday’s attack/kidnap attempt which led to the death of a pastor, and another attack on a Fulani settlement. According to a youth leader simply identified as Dafang, after the attack, the people of the area wanted to go and bury the victims when the assailants launched another attack, which got people scampering for cover.
Nigeria scraps controversial bill making voting mandatory | Africanews
Following a backlash from lawyers and rights groups, Nigeria has scrapped a controversial bill that would have made voting mandatory. It had proposed a six-month jail term, or a $63 fine, for eligible voters who failed to cast their ballots. The bill sailed through its second reading 10 days but a government spokesperson said it decided to withdraw it follow consultations with a “broad spectrum of stakeholders”. In recent years, Nigerians have been increasingly reluctant to go vote. Turnout in national elections has steadily declined, with the 2023 presidential poll recording a 27 per cent.
Windstorm displaces 290 households, destroys buildings in Yobe – Daily Trust
At least 290 households have been displaced following a severe windstorm that caused widespread destruction in Fika Local Government Area of Yobe State. Dr Goje Muhammad, Executive Secretary of the Yobe State Emergency Management Agency (YOSEMA), disclosed this during a briefing at the National Emergency Management Agency (NEMA) Stakeholders Engagement on the National Disaster Preparedness and Response Campaign (NPRC) in Damaturu.
Rice Industry in Crisis: Stakeholders Urge FG to Act – PRNigeria News
The Competitive African Rice Forum for Sustainable Development – Nigeria Chapter (CARF-FSD Nigeria) has raised the alarm over what it describes as an existential threat to Nigeria’s rice industry, citing policy distortions, selective import waivers, and rampant smuggling as major factors undermining the sector. Addressing journalists during a world press conference in Abuja on Saturday, the National Chairman of CARF-FSD Nigeria, Mr. Peter Dama, warned that the rice industry is
Tinubu off to Lagos for ECOWAS 50th anniversary, Eid-el-Kabir celebration – Daily Trust
President Bola Ahmed Tinubu will leave Abuja today for Lagos to celebrate, along with other leaders, the 50th anniversary of the Economic Community of West African States (ECOWAS). The ECOWAS golden jubilee was flagged off in Accra last month. The Lagos events will include reenacting the 1975 declaration at the Nigerian Institute of International Affairs in Victoria Island.
At least 42 killed in weekend attacks in Nigeria’s Benue state, local official says | Reuters
At least 42 people were shot dead by suspected herders in a series of weekend attacks across Gwer West district in Nigeria’s central Benue state, a local official said on Tuesday. Thirty-two bodies were recovered from Sunday’s assaults on the Ahume and Aondona villages, while 10 more were killed in a separate attack on the villages of Tyolaha and Tse-Ubiam on Saturday, said Victor Omnin, chairman of the Gwer West local government.
Many Feared Dead as Flood Ravages Niger Community – Daily Trust
An unspecified number of people have reportedly lost their lives in a flood that swept through Mokwa town, headquarters of Mokwa Local Government Area of Niger State. Residents reported that the road linking the northern and southern parts of Nigeria through Mokwa has also been cut off by the flood.
Fate of Nigerian medical students from Sudan hangs in balance – Daily Trust
A group of 47 Nigerian medical students who escaped war-torn Sudan in May 2023 are now struggling to register for the Nigerian Medical and Dental Council (MDCN) examination due to a document snag. The students, many of whom fled or were evacuated by the federal government without exit visas, are currently racing against time to meet the registration deadline, with their future careers hanging precariously in the balance.
Malnutrition, street begging on focus as Nigerians mark Children’s Day – Daily Trust
The ActionAid Nigeria (AAN), Resource Centre for Human Rights and Civic Education (CHRICED), and presidential candidate of the Labour Party (LP) in the 2023 elections, Peter Obi, have called for strategic approaches to ameliorate the plights of almajiri and other children in the country. They made the call in separate statements on Tuesday on the occasion of the 2025 National Children’s Day.
Soldiers kill many terrorists in Borno – Daily Trust
Troops of the Nigerian military attached to Operation Hadin Kai have neutralised many terrorists attempting to infiltrate troops’ new location in the New Marte area of Borno State. It was learnt that the terrorists were planning to wreak havoc on the location before they were decimated by both ground and air troops attached to the theatre of operation.
The Federal Government through the Ministry of Regional Development, has sought for collaboration between the Northeast Development Commission (NEDC) and the Northeast Governors Forum ( NGF) for the establishment of North East Airline, Rail Line linking the region to the Calabar Port, opening up trade corridors. They are also looking to establish a North East Pharmaceutical Company to locally produce essential medicines and reduce dependency on imports, North East Power Generation and Distribution Company to ensure energy security, North East Integrated Feed Mill and Poultry Company to drive agro-industrial growth.
Two herders gunned down, vigilante injured in Abuja community – Daily Trust
Gunmen have reportedly shot dead two herders and injured a vigilante guard at a Fulani settlement in Mawogi II village under Gawu, Abaji area council of the Federal Capital Territory (FCT). Ibrahim Yakubu, a local security guard, said the incident happened in the early hours of Tuesday. He said the gunmen suspected to be cattle rustlers invaded herders settlement in the area. Yakubu said two of the herders who tried to resist them were gunned down.
Taraba: Students trapped as Classrooms collapse during exam – Daily Trust
Hundreds of students escaped by whiskers when the classrooms in which they were sitting for the Senior Secondrary School Certificate Examination (SSCE) caved in on Wednesday. The incident happened at Government Secondary School, Namne, Gassol Local Government Area of Taraba State.
Borno: Why Alau dam collapsed in 2024 – experts – Daily Trust
Experts with the Nigerian Academy of Engineering (NAEng) have explained why Alau dam in Borno State collapsed in 2024. Daily Trust reports that in 2024, Alau dam collapsed, causing catastrophic flooding in Borno and killing at least 150 people, with an estimated 300, 000 residents displaced. After the collapse, professionals from the NAEng visited the scene to access the situation and proffer lasting solutions.
Hardship: #Endbadovernance movement Declares Nationwide Protest on June 12 – Daily Trust
#Endbadovernance Movement has announced its plan to stage protests across states of the federation on June 12. Comrade Hassan Soweto, one of the leaders of the movement, announced this at a press conference in Lagos, on Thursday. ‘He said the protest is aimed at expressing dissatisfaction with the current administration over its economic reforms which have triggered hardship.
Nigeria’s Tinubu touts economic gains at mid-term but inflation and insecurity persist | Reuters Nigerian President Bola Tinubu on Wednesday marked his second anniversary in office by declaring that his economic reforms were working, but international bodies have warned of persistent economic and security problems. Since 2023, Tinubu’s policies – the removal of a costly petrol price subsidy, cuts to electricity price subsidies, and two currency devaluations.
Tinubu grappling with economy, security challenges in 2 years –CISLAC, ActionAid – Daily Trust
The Civil Society Legislative Advocacy Centre (CISLAC) and the ActionAid Nigeria (AAN) have said despite the federal government listing the achievements of President Bola Ahmed Tinubu’s administration, it was not a reflection of the reality as it affects the citizens. This is contained in separate statements by CISLAC Executive Director, Mallam Auwal Musa Rafsanjani; and the Country Director of AAN, Mr Andrew Mamedu on Thursday in Abuja.
Peace and Security
ECOWAS at 50: Celebrating unity as the region fragments | Africanews
Exactly 50 years ago, on May 28, 1975, fifteen West African countries agreed to establish the Economic Community of West African States(ECOWAS). The first leadership was handed to the former Liberian president, William Tubman. Thanks to the profound work and call for unity by both the Togolese president Gnassingbé Eyadéma and Nigerian former leader Yakubu Gowon, the union came into effect in West Africa. Both traversed the region, leading to the signing of the ECOWAS treaty in 1975 in Lagos by 15 nations. The Lagos treaty was meant to enable the free movement of goods and.
Reps push for 15% female representation in armed forces – Daily Trust
The House of Representatives has taken a step towards gender inclusivity in Nigeria’s military by passing for second reading, a bill seeking to mandate at least 15 percent female representation in the enlistment, recruitment, and appointment of service personnel across the Armed Forces. The bill, titled: “A Bill for an Act to Amend the Armed Forces Act, Cap. A20, Laws of the Federation of Nigeria, 2004…” (HB.1719) is sponsored by Hon. Kafilat Ogbara (Lagos, APC).
Military Arrests Four Pakistanis Over Terror Links
The Theatre Commander of Operation Hadin Kai, Maj. Gen. Abdulsalam Abubakar, has said no fewer than four Pakistani nationals have been arrested by the military over alleged links to terrorism. Abubakar said preliminary investigations suggested the foreigners were involved in arms trafficking and in training terrorist groups
Military arrests 18 soldiers, 15 cops over supply of arms to terrorists – Daily Trust
Troops of the Nigerian military attached with Operation Hadin Kai have arrested 18 soldiers, 15 mobile policemen and 8 civilians, including a traditional ruler, for allegedly supplying arms and ammunition to non-state actors. This is just as the Theatre Commander, Operation Hadin Kai, Abdulsalam Abubakar, a Major-General, accused foreign mercenaries of providing training for members of Boko Haram and Islamic State West Africa Province (ISWAP), terrorising the Northeast.
ECOWAS at 50: A worthy venture despite challenges – Daily Trust
The Economic Community of West African States (ECOWAS), which celebrates its 50th anniversary today, came into being on May 28, 1975, when 15 heads of state of the sub-region signed the ECOWAS treaty in Lagos, Nigeria, with a broad objective of achieving regional economic and political integration among the respective states. The driving force behind the establishment of the regional body were Nigeria’s Head of State, General.
69th anniversary: Navy to commission warships, helicopters – Daily Trust
As part of event outlined to mark the 69th anniversary of the Nigerian Navy, the Chief of Naval Staff, CNS, Vice Admiral Emmanuel Ogalla, says the navy will commission three warships and three helicopters next Saturday. Vice Admiral Ogalla stated that the vessels and helicopters which were recently acquired would be deployed to help fight maritime crime in the nation’s water.
Political parties in Mali have taken legal action against the military government’s decision to dissolve all parties and political organisations, a move seen as a direct attack on democratic governance. The junta, led by General Assimi Goïta, announced the ban earlier this month, preventing meetings and effectively dismantling political opposition.
Nigeria and China are currently implementing three-year partnership actions for modernisation to deepen China-Africa cooperation, the Chinese ambassador to Nigeria, Yu Dunhai, has disclosed. Dunhai disclosed this on Saturday while speaking at the 2025 ‘Tea for Harmony Yaji Cultural Salon, tagged: “Tea in Nature’s Whisper, Aroma of Picturesque Jiangnan” at the China Cultural Centre in Abuja, Nigeria.
Highs and lows of ECOWAS @50 – Daily Trust
ECOWAS is celebrating its 50th anniversary, marking five decades of regional cooperation, economic integration and collective progress across West Africa. ECOWAS was founded on May 28, 1975, with the signing of the Treaty of Lagos by 15 West African nations. Over the years, ECOWAS has played a crucial role in trade, security, democracy, and development within the region.
Tinubu’s 130,000 Forest Guards and the Missing Links By Kabir Abdulsalam – PRNigeria News
Tinubu’s 130,000 Forest Guards and the Missing Links By Kabir Abdulsalam I am terrified—not just for myself, but for everyone I know. One of my uncles was kidnapped in mid-2024 in Dakwa, a quiet settlement near Madala on the outskirts of Abuja. The bandits came around 1 a.m., launching a coordinated attack that lit up the night with relentless gunfire for nearly half an hour. There was no response from police, military, or local defense—only fear.
Nigerian govt deploys drone for boundary management – Yerwa Express News
The National Boundary Commission, NBC, says it is entrenching the use of research, technology including drone, in boundary management. The Director-General, Adamu Adaji, stated this on Sunday in Abuja, while assessing the impact of President Bola Tinubu’s administration after two years in office.
In Kano, Criminal Networks Evading Surveillance Are Terrorising Some Villages – HumAngle
Musbahu Shanono used to love the journey home. There was something about that drive from Lagos to Shanono, something about the way the roads gave him a nostalgic feeling after he passed through Kaduna; those familiar roads filled with the scent of dust and leaves. He would always arrive just before sunset, when neighbours and friends were about to gather for Maghrib, an Islamic evening prayer, and children were racing beside cars, shouting greetings that
4 herders, cattle killed in fresh Plateau attacks – Daily Trust
Four herders and nine cows were reportedly killed, while several houses were set ablaze in two separate attacks in Bokkos and Bassa LGAs of Plateau State on Tuesday. Five other people, including women, sustained injuries during the attacks and are currently receiving treatment at a hospital in Bokkos. The incidents occurred just hours after an earlier attack in which seven members of a family were killed in the Kopmur community, Mushere District of Bokkos.
Jihadist violence and coups test West Africa ECOWAS bloc at 50 | Reuters
The Economic Community of West African States (ECOWAS) faces growing threats of terrorism, climate change, military coups, and poverty, its most senior official said on Wednesday as leaders marked 50 years since the bloc’s formation in Nigeria. Jihadist violence has surged this year in Nigeria and the Sahel region, including Burkina Faso, Mali, and Niger – nations that have recently seceded from ECOWAS in protest over sanctions following military coups.
What Resettlement Looks Like When The Gunshots Haven’t Stopped – HumAngle here is a tenderness between Fati Bukar and her eldest son, Lawal. When he sits next to her, she holds his hands. As he gets up to leave the room, she asks where he’s going, and he says he’ll be back soon. When Lawal returns and sits across from her, she taps the mat beside her, and he moves closer. She holds his hands again. He says something, and she laughs.
Humanitarian
Lost Homes, No Aid: The Forgotten IDPs Uprooted by Terrorists in North Central Nigeria – HumAngle
Musa Murjanatu, 40, was once a thriving trader in Niger State, North-Central Nigeria, where terrorists have taken roots for clandestine operations. As a prosperous merchant known for food supply in the Bassa area of Shiroro, Murjanatu has not only lost her home, but also her economic power, wallowing in penury in a displacement camp.
The United Nations Children’s Fund on Tuesday lamented that 12 local government areas in Borno and Yobe states have been recording high numbers of unvaccinated children, urging stakeholders to ensure its received vaccines deserve attention. Speaking during a media briefing in Maiduguri as part of activities to commemorate this year’s Children’s Day event, the officer-in-charge of the UNICEF Maiduguri field office, Joseph Senesie, while highlighting other challenges facing children in the region.
Bauchi gov seeks end to violence against children – Daily Trust
Bauchi State Governor, Bala Mohammed, has tasked stakeholders on child development to rise up and take decisive actions to stem “the unacceptable cases” of violence and intimidation against children. The governor made the plea Tuesday during the 2025 National Children’s Day Celebration with the theme ‘Stand up, Speak up, Building a Bullying-free Generation’ held at Abubakar Tafawa Balewa Stadium, Bauchi.
Foundation champions menstrual equity through art – Daily Trust
Daurama Foundation has reaffirmed its commitment to menstrual equity as an official partner of Menstrual Hygiene Day 2025, aligning with this year’s global theme Together for a #PeriodFriendlyWorld. Through an innovative art led advocacy initiative driven by mentees of the Samira Buhari Mentorship Programme (SBMP), the foundation is working to dismantle stigma and amplify the voices of Nigerian girls and young women.
Niger flood: Family loses 12 members, over 50 almajirai missing – Daily Trust
Twelve members of a family were among the people who died in a flood that occurred at Tiffin Maza and Anguwan Hausawa communities in Mokwa Local Government Area of Niger State late Wednesday night. The flood, which was said to have left many other persons, including over 50 almajirai missing, destroyed many houses.
In a transformative step toward rebuilding the psychosocial fabric of communities torn apart by conflict, the North East Development Commission (NEDC) has launched a pioneering Mental Health and Psychosocial Support (MHPSS) program focused on children and adolescents aged 10 to 17 across Borno State. The launch event, held at the Emeritus Umaru Shehu MHPSS Hall at
Mobilization and economic development
Türkiye working to increase $1bn Nigerian trade volume — Envoy – Daily Trust
The Republic of Türkiye is working to scale up its current one billion dollars bilateral trade volume with Nigeria. Turkish Deputy Ambassador to Nigeria, Elif Durdu, told the News Agency of Nigeria (NAN) in Abuja that Türkiye was exploring ways to increase the Turkish-Nigeria trade volume to five billion dollars.
Tinubu Seeks approval for $21.5bn, €2.2bn Foreign Loans – Daily Trust
President Bola Ahmed Tinubu has written to the House of Representatives seeking approval for three major financial proposals involving external and domestic borrowings amounting to billions of dollars, euros, and naira. In a set of letters read on Tuesday during plenary by the Speaker, Abbas Tajudeen, the president requested legislative backing for the federal government’s external borrowing rolling plan for 2025–2026, a $2 billion foreign.
Stolen funds: Nigeria recovered $763.7m, £6.4m since 2017 – Fagbemi – Daily Trust
The Attorney General of the Federation and Minister of Justice, Lateef Fagbemi (SAN), has disclosed that the sum of $763,734,000 and £6,472,610 stolen funds were returned to Nigeria between 2017 and 2024. Speaking at the opening of the asset recovery summit of the ministry with the theme ‘Synergizing towards effective asset recovery and management’ on Tuesday, Fagbemi said of the sum, a total of $102.88 million and
FG to distribute 5m date palm seedlings to 11 states – Daily Trust
The federal government has procured five million date palm seedlings for distribution to 11 states across the country. The Director General of the National Agency for the Great Green Wall (NAGGW), Alhaji Saleh Abubakar, made this known to newsmen in Damaturu during an advocacy visit to traditional rulers in Yobe State. He said the five million date palm seedlings, once matured and harvested, would significantly boost economic activities in the 11 frontline states affected by desertification.
Mining reforms attracted $800m foreign investment – FG – Daily Trust
Nigeria’s solid minerals sector, driven by the present administration’s new policy of local value addition and a licensing regime, attracted over $800 million in processing projects last year, the Minister of Solid Minerals Development, Dr Dele Alake has said. The sector also generated over N38 billion in revenue in 2024, up from just N6 billion the previous year, despite receiving only 18% of its N29 billion budgeted allocation.
AfCFTA: FG launches discounted Intra-African Air Cargo Corridor – Daily Trust
The Federal Ministry of Industry, Trade and Investment, in collaboration with the United Nations Development Programme (UNDP) and Uganda Airlines, has launched the Nigeria–East/Southern Africa Air Cargo Corridor—a transformative export initiative under the African Continental Free Trade Area (AfCFTA) framework.
Africa’s Crypto Boom: Why On-Chain Meme Trading Is Gaining Ground in Nigeria – Daily Trust
In recent years, Nigeria has emerged as one of Africa’s most vibrant and innovative crypto markets. What started as grassroots adoption of Bitcoin and stablecoins has evolved into something far more dynamic—on-chain meme trading. Driven by youthful energy, social media influence, and a deep appetite for financial opportunity, Nigerian traders are increasingly diving into the world of community tokens and on-chain data.
AfDB downgrades Africa growth outlook but sees signs of resilience | Africanews
The African Development Bank (AfDB) has downgraded Africa’s growth forecast for the next two years amid what it described as “unprecedented global circumstances” and “seismic shifts in the trade policies of major economies.” Significant aid cuts will also hit low-income countries on the continent, Tuesday’s African Economic Outlook report warned. Overall, the bank is projecting growth of 3.9 percent for 2025 and 4 percent for 2026 – a downgrade of 0.2 and 0.4 points respectively. Despite ongoing uncertainty, 21 African countries are still expected to see economic
African Development Bank to pick new head to confront US funding cuts | Reuters The African Development Bank is meeting in Ivory Coast this week to pick a new president at a time when the continent’s biggest multilateral lender faces unprecedented challenges from funding cuts by the U.S. government. Washington wants to cut $555 million in funding to the AfDB and its African Development Fund, which offers low-priced financing to the continent’s poor nations.
AfDB: Nigeria, 90 others elect Adesina’s successor today – Daily Trust
Barring any stalemate, a new President of the Africa Development Bank (AfDB) will emerge today as the bank holds its Annual General Meeting (AGM) at its headquarters in Abidjan, Cote D’Ivoire. Five candidates are in the race to succeed Adesina. They include Ms Swazi Tshabalala from South Africa, Mr Hott Amadou from Senegal, Dr Samuel Munzele Maimbo from Zambia, Dr Sidi Tah Ould from Mauritania, and Mr Abbas Mahamat Tolli from Chad.
AfDB gets new president to succeed Adesina – Daily Trust
Sidi Ould Tah of Mauritania has been elected President as the African Development Bank Group (AfDB) at the Bank’s Annual Meetings held in Abidjan, Côte d’Ivoire. Tah is expected to succeed Nigeria’s Akinwunmi Adesina whose tenure elapses by the end of August. Adesina served two terms of 10 years in the pan-African financial institution.
African airlines record 13.6% growth in passengers – Daily Trust
The International Air Transport Association (IATA) released data for April 2025 global passenger demand with African airlines recording a 13.6% year-on-year increase in demand. Capacity was up 8.9% year-on-year. The load factor was 76.3% (+3.1 ppt compared to April 2024). According to the data, total demand, measured in revenue passenger kilometres (RPK), was up 8.0% compared to April 2024.
Nigerian businesses spend 60% operating cost on energy — Stakeholders – Daily Trust
Stakeholders in Nigeria’s business environment have urged the federal government to tackle the high cost of energy for Micro Small and Medium Enterprises in the country, adding that it is not sustainable for businesses to spend 60 per cent operating cost on energy alone. They made the call in Abuja on Thursday at the Energy Efficiency Awareness Campaign for businesses organised by the Abuja Chamber of Commerce.
AES: Is a New Sahel Currency on the Horizon? [Business Africa] | Africanews
In the face of persistent regional instability, recurring security crises, and growing distrust of traditional regional institutions, Mali, Burkina Faso, and Niger formed the Alliance of Sahel States (AES) in September 2023. This initiative stems from the three Sahelian countries’ desire to build a strengthened cooperation framework focused on their shared strategic interests, initially in defense and security, and now increasingly in economics.
Barrick asks World Bank court to intervene in Mali proceedings | Reuters
Barrick Mining (ABX.TO), opens new tab has asked the arbitration tribunal of the World Bank to intervene in legal proceedings in Mali, as the miner faces the possibility of the Loulo-Gounkoto mine falling under the control of the Mali government. Barrick’s move comes as a local court in Mali is expected to rule on June 2 on the government’s request to put the Canadian miner’s gold mine under a provisional administration.
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