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…
Author: Policy and Politics
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…
Akwa Ibom 2027: All political parties’ll collapse for credible candidates – Akpabio
Comfort Isaac Senate President, Godswill Akpabio said political parties may no longer count in Akwa Ibom State come 2027 general elections as they would collapse in support of credible candidates…
500 lawyers mobilise to defend Pat Utomi in DSS suit
Isaac Samuel A former presidential candidate and professor of Political Economy, Pat Utomi, has revealed that efforts are underway to assemble 500 lawyers to defend him against a suit filed…
Nigeria’s Export Boom and Economy Diversification Imperatives
By Marcel Okeke A recent report that Nigeria’s non-oil exports hit US$1.7 billion in the first quarter 2025, marking a significant increase of almost 25 per cent compared to the…
No funds for new schools, focus on existing ones, minister tells Reps
Isaac Samuel The Minister of Education, Dr. Olatunji Alausa, has called on the National Assembly to exercise restraint in the passage of bills seeking to establish new federal tertiary institutions.…
Reps consider jail term, fine for eligible Nigerians who refuse to vote
Isaac Samuel A bill proposing to make voting compulsory for all eligible Nigerians scaled second reading in the House of Representatives on Thursday. Titled “A Bill for an Act to…
Insecurity: Police speaks on Influx of Northerners into Lagos, Southern Nigeria
The Assistant Inspector General of Police, Zone 2 Command, Lagos, AIG Fayoade Adegoke, has allayed fears that the influx of northerners into Lagos and other parts of southern Nigeria posed…
Afreximbank Projects Sustained High Cocoa Price in 2025
The African Export Import Bank (Afreximbank) has projected that the price of cocoa in the international commodity market would remain high in 2025. This projection is contained in “Afreximbank Research…
An Analysis of JAMB’s Crisis Communication Efforts
By Tony Onyima, Ph.D. The 2025 Unified Tertiary Matriculation Examination (UTME), conducted by the Joint Admissions and Matriculation Board (JAMB), sparked public outcry over widespread failures, leading to a rare…
N275 million Fraud at Ubotex: EFCC arrests Auditor, Cashier
Comfort Isaac Operatives of the Uyo Zonal Directorate of the Economic and Financial Crimes Commission, EFCC, have arrested one Sylvanus Edet Akpan, Auditor of Ubotex Limited, Uyo and Akaninyene Enefiok…
Mass failure: Reps launch probe Into JAMB’s 2025 UTME glitch
Isaac Samuel The House of Representatives has launched an investigation into the technical error that disrupted the 2025 Unified Tertiary Matriculation Examination (UTME) leading to mass failure among candidates nationwide.…
ARISE RESORT: There’s something for everyone
– Gov. Umo Eno’s Two Hours of Vision and Detail at ARISE Resort By Aniekan Umanah ———————————— Dateline :Tuesday, May 13, 2025. It had already been a day of solemn…
Reps caution CBN on unintended consequences of high interest rates
Isaac Samuel The House of Representatives Committee on National Planning and Economic Development has cautioned the Central Bank of Nigeria (CBN) against the unintended consequences of maintaining high interest rates…
Alleged N3.1b Fraud: EFCC Presents Ninth and Final Witness against Ex-gov Suswam
Comfort Isaac The Economic and Financial Crimes Commission, EFCC on Wednesday, May 14, 2025 presented the Ninth and last Prosecution Witness, PW9, Ape Sunday against the former governor of Benue…
Afreximbank Projects Sustained High Cocoa Price in 2025
The African Export Import Bank (Afreximbank) has projected that the price of cocoa in the international commodity market would remain high in 2025. This projection is contained in “Afreximbank Research…
Court fixes June 27 to deliver judgement on Natasha’s suit against Akpabio, Senate
Comfort Isaac The Federal High Court sitting in Abuja has fixed June 27, 2025, to deliver judgment in a suit instituted against the National Assembly by Senator Natasha Akpoti-Uduaghan challenging…
INEC, Election Riggers and Twisted Narratives
By Anietie Ekong Lately, there has been an upsurge of politically motivated and unwarranted attacks on the President of the Senate, Godswill Akpabio using several guises camouflaged as serving public…
Reps reject bill on rotational presidency
Isaac Samuel The House of Representatives has rejected a bill seeking to amend the 1999 constitution to provide for rotation of the offices of the president and vice president among…
2024: Nigerian Leasing Industry Hits N5.16trn Transactions, Records 23.2%
The Equipment Leasing Association of Nigerian (ELAN) has announced that the Nigerian leasing industry recorded N5.16 trillion transactions in 2024, which represented a growth of 23.2 per cent against N4.19…
Defections And Threat Of One-Party State
by Reuben Abati When the latest wave of defections began in March 2025, marked by the high profile exit of Mallam Nasir El Rufai from the All Progressives Congress (APC),…
Rewane: Nigeria Has Too Many Underutilised Airports
Only two airports out of 33 airports are profitable in Nigeria. This was declared by the Chief Executive Officer of Financial Derivatives Company Limited, Mr. Bismarck Rewane, in his presentation…
Reps consider 1,059 bills in two years – Kalu
Isaac Samuel Deputy Speaker of the House of Representatives, Benjamin Kalu, has disclosed that no fewer than 1,059 bills have been presented on the floor of the Green Chamber since…
Report: Power Supply, High Cost of Commercial Leases are Key Challenges to Business Expansion
The NESG-Stanbic IBTC Business Confidence Monitor (BCM) for the month of April 2025 has identified power shortages, high commercial lease and limited access to finance as major challenges to business…
Court jails 9 over internet fraud in Akwa Ibom
Comfort Isaac Justices Ijeoma Ojukwu and Rosemary Oghoghorie Dugbo of the Federal High Court Calabar have convicted and sentenced nine fraudsters to jail. The convicts are: Nsofor Charles Ochiabutor, Aneikan…
I remain INEC chairman, Yakubu declares
Isaac Samuel The Chairman of the Independent National Electoral Commission, Mahmood Yakubu, has dismissed rumours that he had been removed from office, saying he is still in charge of the…
Fubara visited me with two APC governors – Wike
Isaac Samuel Minister of the Federal Capital Territory (FCT), Nyesom Wike, has confirmed reports that suspended Rivers State Governor Siminalayi Fubara recently visited him in the company of two governors…
Repeating 2023 mistakes will doom 2027 chances, Wike warns PDP
Isaac Samuel The Minister of the Federal Capital Territory (FCT), Nyesom Wike, has warned the Peoples Democratic Party (PDP) against repeating the strategic errors and internal divisions that led to…
Gov. Eno Returns to Apostolic Church Maboju in Thanksgiving
…says Church Prophesied his reign as Governor in 1980 It was celebration galore at the Apostolic Church, Nigeria, Maboju Assembly, Lagos when several dignitaries including top government officials, private sector…
2027: Patience Jonathan declares support for Tinubu, promises to join in campaigns
Comfort Isaac Former First Lady, Dame Patience Jonathan has declared her support for the reelection bid of President Bola Tinubu at the 2027 general elections. She also expressed willingness to…
ESG Report: MTN Nigeria Targets 2040 for Zero Emission, Achieves 11% Emission Reduction in 2024
The MTN Nigeria has declared its commitment “to protecting our planet by achieving net zero emissions by 2040,” adding that it attained 11 per cent reduction in fuel consumption in…
The New Pope is “Black,” Now What?
By Farooq A. Kperogi In the aftermath of Pope Francis’ death, many Africans on the continent and in the diaspora wondered if the Catholic Church would, for a change, elect…
Gov. Umo Eno’s half-term report card
By ETIM ETIM This month marks the half-term mark for Gov. Umo Eno and the other 27 state chief executives who took office in May 2023; and it is important…
President Tinubu: Anambra visit and the petals of inclusive leadership
By Fredrick Nwabufo In botanical terms, inclusive leadership is like a flower, in which beauty proceeds from the anatomy of each petal or the leaves of its corolla. It takes…
Development Commissions: Tinubu sends nine names to Senate for ratification
Comfort Isaac President Bola Ahmed Tinubu has sent the names of nine appointees for the South West, North Central, and South South Development Commissions to the Senate for confirmation. This…
GOV ENO DOLES OUT N303M, VEHICLES, EQUIPMENT, TO 677 BENEFICIARIES, PLEDGES MORE AT ITU/IBIONO TOWN SQUARE MEETING
It was another rain of empowerments as 677 people in Itu and Ibiono Ibom local government areas smiled home with cash, working kits and vehicles at the ongoing Town Square…
Reps summon CBN governor, finance minister over non-payment of contractors
Isaac samuel The House of Representatives has summoned the Minister of Finance and Coordinating Minister of the Economy, Wale Edun and Governor of the Central Bank of Nigeria (CBN), Yemi…