Two Years of President Tinubu: A Business Perspective
By Abdul Samad Rabiu As Nigeria marks two years under the leadership of President Bola Ahmed Tinubu, I believe it is important to reflect, not from the lens of politics,…
Month: May 2025
Why the Anti-Tinubu Coalition Isn’t Coalescing
By Farooq A. Kperogi There is supposed to be a formidable coalition of powerful regional and national political forces working to upstage President Bola Ahmed Tinubu in 2027. But this…
PRESIDENT TINUBU CONGRATULATES THE MAURITANIAN PRESIDENT ON THE ELECTION OF SIDI OULD TAH AS AfDB PRESIDENT
President Bola Tinubu has congratulated President Mohamed Ould Cheikh El Ghazouani of Mauritania on the election of Dr Sidi Ould Tah as the ninth President of the African Development Bank…
The Umo Eno interview
By ETIM ETIM I was one of the seven journalists invited to interview Gov. Umo Eno in Uyo on May 29 as part of his midterm anniversary activities. It was…
Courts jail 11 Internet Fraudsters in Uyo, Calabar
Comfort Isaac The Uyo Zonal Directorate of the Economic and Financial Crimes Commission, EFCC says it on Wednesday secured the conviction and sentence of eleven internet fraudsters before Justices Maurine…
Victims of Ponzi Investments Schemes to lose their money to FG
The Securities and Exchange Commission (SEC) has warned that victims of Ponzi investment schemes and other forms of unregistered and unregulated investments would lose their money to the federal government…
Tinubu Appoints Dogara Chairman of National Credit Guarantee Company
President Bola Ahmed Tinubu has announced the appointment of former House of Representatives Speaker, Mr. Yakubu Dogara, as the chairman of the newly established National Credit Guarantee Company Limited (NCGC).…
Nigeria sliding into debt slavery under Tinubu, Atiku warns
Isaac Samuel Former Vice President Atiku Abubakar has raised the alarm over Nigeria’s growing debt profile under the administration of President Bola Ahmed Tinubu. Atiku, who was the presidential candidate…
Police bust criminal hideouts, arrest suspected cultists, recover firearms
Comfort Isaac Akwa Ibom State Police command says its operatives have busted a criminal hideout in Ibesikpo Asutan local government area of the state and arrested some suspected cultists. The…
STATEHOUSE PRESS STATEMENT: We have made undeniable Progress
PRESIDENT BOLA TINUBU’S STATEMENT ON THE SECOND ANNIVERSARY OF HIS ADMINISTRATION ON MAY 29, 2025 Fellow Nigerians, as we mark the second anniversary of our administration, I salute your resilience…
Nigeria’s shock therapy: Why President Tinubu should press on
View From Abroad Nigeria’s shock therapy: Why President Tinubu should press on By FT Editorial Board For years, Nigeria has been not so much a sleeping giant as a comatose…
Good bye, Ngugi wa Thiongo’o
By Yusuf Bangura I’m saddened to learn about Ngugi wa Thiong’o’s death—one of the greats of African literature. The Nobel prize eluded him, but he shaped the minds of many…
Why PDP Postponed Decision on National Secretary till June 30
A member of the National Executive Committee (NEC) of the Peoples’ Democratic Party (PDP), Mr. Jacob Mark, has explained that the party deferred decision on its national secretary in order…
EFCC secures conviction of Kano Tiktoker, Murja Kunya for Naira Abuse
Comfort Isaac. The Economic and Financial Crimes Commission, EFCC, says it has secured the conviction and sentence of a social media influencer, Murja Ibrahim Kunya, arraigned before Justice Simone Amobeda…
House of Reps probes alleged diversion of student loans
Isaac Samuel The House of Representatives has mandated four of its standing committees to investigate alleged unethical practices surrounding the disbursement of student loans under the Nigerian Education Loan Fund…
Statehouse Press Release: President Tinubu Announces More Appointments for Federal Institutions
President Bola Ahmed Tinubu has appointed additional people to fill vacancies in the governing councils of some Federal Universities, Polytechnics, and Colleges of Education. The new appointees and their institutions…
Gov. Eno applauds CBN’s efforts at Transforming NIGERIA’s Economy
Akwa Ibom State Governor, Pastor Umo Eno, has commended the management of the Central Bank of Nigeria,CBN, for its strategic policies and efforts to stabilise the Naira and turn around…
BudgIT Reveals National Assembly’s Crazy Insertions in 2025 Budget
The BudgIT has itemized some of the crazy Insertions in the 2025 federal government’s budget, which revealed that the National Assembly 1,477 streetlights for N393.29 billion. It said that with…
Aba Power Resumes Free Smart Meter Rollout…
Says 20,000 Customers to receive Prepaid Meters Within One Month Aba Power, Nigeria’s 12th electricity distribution company (DisCo), today started rolling out the second phase of its massive meter installation.…
SEDC’s Targets $200bn Economy in South-east, Briefs Tinubu
President Bola Ahmed Tinubu has been briefed by the South East Development Commission (SEDC) concerning its vision to catalyse a $200 billion economy in the South-east geo-political zone. The Managing…
United Capital Rolls Out N1bn Children Investment Fund
The United Capital Asset Management Limited (UCAM) will roll out its N1 billion Children Investment Fund (CIF) today at a minimum of N5 million per subscriber through Initial Public Offer…
Tinubu seeks NASS approval for fresh $21.5bn, €2.2bn loans
Isaac Samuel President Bola Ahmed Tinubu on Tuesday asked the National Assembly to approve $21.5 billion and €2.2 billion in fresh external loans to finance key infrastructure projects across Nigeria…
Forging Global Futures: Nigeria and University of Birmingham (UOB) Launch Transnational Education Alliance
This week, Dr. Tunji Alausa held an in-depth meeting with Professor Stephen Jarvis, Provost of the University of Birmingham (UoB), and his team at the university’s main campus in the…
Octopus Wike And The PDP
By Reuben Abati Octopuses are considered by biologists to be very crafty, clever, cephalopods, who have multiple brains and three hearts, and can easily manoeuvre their ways around even the…
NACCIMA Tasks FG on Unlocking Nigeria’s Untapped Economic Sectors
The National President of the Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture (NACCIMA), Mr. Dele Kelvin Oye, has tasked the federal government on overhauling and strengthening Nigeria’s…
Breaking: House of Reps withdraw compulsory voting bill
Isaac Samuel The House of Representatives has withdrawn a proposed amendment to the Electoral Act that would have made voting compulsory for all eligible Nigerians and imposed penalties, including possible…
Gov. Eno: Our Progress is Powered by Peace
Akwa Ibom State Governor, Pastor Umo Bassey Eno, has declared peace and unity as the greatest enablers of progress under his administration, asserting that without the prevailing atmosphere of harmony,…
Tropicana Complex: Exemplary leadership of Gov. Umo Eno
By ETIM ETIM The decision of the Umo Eno administration to complete the long-abandoned 200-room hotel and a 5,000-capacity convention centre at the Tropicana complex in Uyo is a clear…
No One Has Ever Defeated Autocracy From the Sidelines
May 8, 2025 Steven Levitsky, Lucan Way and Daniel Ziblatt How will Americans know when we have lost our democracy? Authoritarianism is harder to recognize than it used to be. Most…
A lone female voice in ASUU
Happiness Uduk, an Associate Professor of English Studies, University of Uyo, was elected the first female Financial Secretary of ASUU in April 2025. It is the first time a woman…
Dorben Polytechnic Celebrates 30th Anniversary, Matriculates Over 600 Students
By Inyang U. Dorben Polytechnic, Abuja, one of Nigeria’s leading private polytechnics, marked a significant milestone as it celebrated its 30th anniversary while also matriculating over 600 new students for…
120,000 Nigerians migrated to UK in 2024, second only to India – Report
By Isaac Samuel A new data released by the UK’s Office for National Statistics (ONS) on Friday has put Nigeria as the second-largest source of long-term migrants to the United…
Governors oppose scrapping of State Electoral Commissions
Isaac Samuel Governors of Plateau and Nasarawa states, Caleb Mutfwang and Abdullahi Sule, have opposed calls for the scrapping of State Independent Electoral Commissions (SIECs), insisting that what the commissions…
PRESIDENT TINUBU TO NNPC LIMITED BOARD: I COUNT ON YOUR EXPERIENCE TO TURN THE ECONOMY AROUND
President Bola Tinubu urged the new NNPC board to consolidate the gains of the ongoing economic reforms, which have attracted commendations for the resilience and competitiveness of the Nigerian economy.…
MAN Frowns at the Untoward Practices of Commercial Banks Regarding Unmet Forex Forward Obligations
The Manufacturers Association of Nigeria (MAN) has expressed deep concerns regarding the unwholesome treatment of its members by some commercial banks in Nigeria regarding unmet foreign exchange (Forex) forward obligations.…
Capital Flight as a Drag on Nigeria’s Economic Development
Marcel Okeke Without any fear of contradiction, stocks trading (activity) on the floor of the Nigerian Exchange Group (NGX) in the first quarter 2025 resulted to a monumental capital flight…
I don’t own fidelity bank, never met Tinubu on debt claim – Peter Obi
Isaac Samuel Presidential candidate of the Labour Party (LP) in the 2023 general elections, Peter Obi, has dismissed allegations that he secretly met with President Bola Ahmed Tinubu in Rome…
MAN Expresses Worry over CBN Continued High MPR
The Manufacturers Association of Nigeria (MAN) has expressed deeply felt concern and worry about the continued decision of the Central Bank of Nigeria (CBN) to maintain the Monetary Policy Rate…
FG Making Heavy Investments to Develop Metrology Services in Nigeria
The Director General/Chief Executive, Standards Organisation (SON) Dr. Ifeanyi Chukwunonso Okeke, has disclosed that the federal government is making heavy investments toward the development metrology services in Nigeria. Okeke disclosed…
EFCC hands over 753 recovered housing units to Ministry of housing
Comfort Isaac The Economic and Financial Crimes Commission, EFCC said it has handed over 753 units of houses recovered by the Commission at Plot 109 Cadastral Zone C09, Lokogoma District,…
Investors Lost N7.893bn as Market Capitalisation Declined by N68.945 trillion
The NGX equity market capitalization dropped by N7.893 billion on Monday, May 19. The market opened at N68.953 trillion but closed at N68.945 trillion. Also, the NGX All-Share Index (NGX-ASI)…
2025 Budget: BudgIT Alleges N6.93trn Inserted Via 11,122 Projects by National Assembly
The BudgIT has alleged that 11,122 projects valued at N6.93 trillion were inserted by the National Assembly into the 2025 federal government’s budget. The BudgIT’s breakdown of the alleged insertions…
34 key issues slated for debate at National Political Summit
Isaac Samuel New details have emerged about the key issues expected to shape discussions at the upcoming national political summit convened by The Patriots, under the leadership of former Commonwealth…
Ballot or bars: National Assembly Controversial Push to make Voting Mandatory
Isaac Samuel In the heart of Nigeria’s bustling democracy, a storm brews quiet but fierce. The National Assembly, that grand chamber of laws and ambitions, is poised to reshape the…
Ibom Deep Seaport: Akwa Ibom govt tasks indigenes to position selves for opportunities
Comfort Isaac As the realisation of Ibom Deep Seaport and the larger Ibom Industrial City, ICC, is on top gear, the Akwa Ibom State government has urged its citizens to…
FG: Revised National Employment Policy Will Engender Productive, Employment Intensive Growth
The federal government has declared that the revised National Employment Policy (NEP) would create an enabling environment for productive and employment intensive growth in Nigeria. This was made known in…
Kwankwaso: “I Would Rather Quit Politics Entirely Than Return to the APC”
A former Governor of Kano State, Senatot Kwankwaso, has made it crystal clear that he would rather quit politics entirely than return to the ruling All Progressive Congress (APC). Kwankwaso…
Banks’ profits, charges and customers’ complaints
By ETIM ETIM Grumbling about banks’ profit is a favourite Nigerian pastime that gets louder and louder in the first quarter of the year when their financial performance for the…
First Quarter Cadbury profit jumps by 182%
Cadbury Nigeria Plc has announced a profit of N5.98 billion for the first quarter of 2025, following the approval of the unaudited financial statements of the Company by its Board…
Education, Good Governance Can Banish Poverty in Nigeria, Africa – Obasanjo
Former President Olusegun Obasanjo has declared that Africa could banish abject poverty and hunger with education, good governance and political leadership within 15 years. Obasanjo said that the continent, including…