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    ALMOND 94.3 FM Ibadan

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World Bank Targets $5.79bn Private Investment for Nigeria

The World Bank Group has announced plans to mobilise up to $5.79bn in private financing for Nigeria in the 2026 fiscal year to support investment in telecommunications, agriculture, small businesses and other key sectors. According to a report published on the institution’s website, the initiative is expected to expand broadband access, improve agricultural productivity, increase financing for businesses and create about 850,000 direct and indirect jobs. The financing plan will combine policy reforms, private investments and risk-sharing arrangements involving the […]

today13/10/2026 3

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World Bank Targets $5.79bn Private Investment for Nigeria

The World Bank Group has announced plans to mobilise up to $5.79bn in private financing for Nigeria in the 2026 fiscal year to support investment in telecommunications, agriculture, small businesses and other key sectors. According to a report published on the institution’s website, the initiative is expected to expand broadband access, improve agricultural productivity, increase financing for businesses and create about 850,000 direct and indirect jobs. The financing plan will combine policy reforms, private investments and risk-sharing arrangements involving the […]

today13/10/2026 2

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INEC Demands Formal Complaints Over Omitted Candidates

The Independent National Electoral Commission (INEC) has said it will not respond to media reports concerning the omission of some political parties’ candidates from its final list ahead of the 2027 general elections, insisting that affected parties should submit formal complaints. The Nigeria Democratic Congress (NDC) and the Social Democratic Party (SDP) have adopted different approaches to resolving the issue. While the NDC is engaging the commission to correct the discrepancies, the SDP has initiated legal proceedings, expressing confidence in […]

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FG Witness Details How Ansaru Planned Oriire School Kidnapping

A Federal High Court in Abuja has heard that members of the proscribed terrorist group, Jama’atu Ansarul Muslimina fi-Biladis Sudan (ANSARU), carried out the May 15 attacks on schools in Oriire Local Government Area of Oyo State to pressure the Federal Government into releasing detained leaders. A Department of State Services (DSS) operative, identified as BBB, disclosed this on Monday while testifying as the second prosecution witness in the trial of five men accused of involvement in the attacks. The […]

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CJN Kekere-Ekun Swears In 68 New Senior Advocates

The Chief Justice of Nigeria, Justice Kudirat Kekere-Ekun, has sworn in 68 legal practitioners as Senior Advocates of Nigeria (SAN) at the opening of the 2026/2027 Legal Year. The new SANs comprise 67 advocates and one academic, Professor Nnamdi Onyeka Obiaraeri. Their induction followed approval by the Legal Practitioners’ Privileges Committee (LPPC) at its 174th plenary session, held about three months ago. The LPPC oversees the conferment of the prestigious rank, assessing candidates based on established guidelines and professional standards. […]

today12/10/2026 3

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Gov Mbah’s Aide, Lucky Chukwu, Dies

Chief Lucky Chukwu, a Special Assistant to Enugu State Governor Peter Mbah, has died. His death was announced by his younger brother, Senator Kelvin Chukwu, who represents Enugu East Senatorial District. In a statement issued on Sunday, October 11, 2026, through the senator’s Head of Media, Amb. Dr. Ogomegbunam Success Nwoye, the lawmaker described the deceased as an astute public servant and politician. The statement said the loss had left the family devastated, adding that Senator Kelvin Chukwu had suspended […]

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MAKINDE’S CHIEF OF STAFF, EBENEZER OGUNWUYI, RESIGNS

The Chief of Staff to Oyo State Governor Seyi Makinde, Segun Ebenezer Ogunwuyi, has resigned from his position with effect from Monday, October 12, 2026. Ogunwuyi announced his resignation in a letter addressed to the governor, expressing gratitude for the opportunity to serve the state and describing his time in the administration as an honour. He said he was proud of the administration’s efforts to promote the growth and development of Oyo State, while expressing confidence in the state’s continued […]

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Nigeria’s Debt Interest Payments Exceed Revenue by 24.2% — World Bank

The Federal Government spent N7.7tn on debt interest payments in the first half of 2026, exceeding its total revenue of N6.2tn by N1.5tn, according to the World Bank. The figures were contained in the bank’s October 2026 Nigeria Development Update, which showed that interest payments rose by 37.5 per cent from N5.6tn recorded in the corresponding period of 2025, largely due to high domestic borrowing costs. Despite the increase in debt servicing, federal revenue grew by 72.2 per cent, rising […]

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Missing Names, Party Disputes Raise Concerns Over INEC’s 2027 Candidates’ List

The omission of several governorship and legislative candidates from the Independent National Electoral Commission’s (INEC) final list for the 2027 general elections has triggered protests by political parties and calls for clarification from the electoral body. Among the affected politicians are former Minister of Communications and Digital Economy, Professor Isa Pantami, the Peoples Democratic Party’s governorship candidate in Ogun State, Oladipupo Adebutu, and the Nigeria Democratic Congress candidate in Kano State, Aminu Gwarzo. Other affected candidates include former senator Danjuma […]

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