The Presidency has said that social media critic Martins Otse, popularly known as VeryDarkMan, has shown greater empathy than former Labour Party presidential candidate, Peter Obi, over the recent killings in Benue State. In an interview with Channels Television, Daniel Bwala, the Special Adviser on Policy Communication to President Bola Ahmed Tinubu, stated this while…
The Nigerian Meteorological Agency has issued a flood alert for the month of July, warning that states including Sokoto, Lagos, Edo, Benue, and 16 others are at risk of experiencing flash floods. This came as the Africa Environmental Health Organisation, climate change adaptation researchers, and members of the Nigerian Institute of Town Planners, among others,…
By Kayode Lawal Amid growing fears of implosion in the ruling All Progressives Congress, (APC), a Chieftain of the party and former Secretary to the Government of the Federation, SGF, Dr Babachir David Lawal has formally bowed out of the party. However, contrary to speculation, the renowned technocrat and politician said he has not aligned…
● Commiserates with Governor Makinde, Oyo State Government, and Ibadan People Governor Ademola Adeleke of Osun State has expressed deep grief over the passing of the 43rd Olubadan of Ibadanland, His Imperial Majesty, Oba Owolabi Olakulehin, describing the loss as a profound blow not only to Ibadan but to the entire Yoruba nation. In a…
In its 2025 edition, Forbes ranked 3,028 billionaires worldwide, collectively holding a staggering $16.1 trillion in wealth. However, only 23 Black billionaires made the list, representing just 0.8% of the global elite, with a combined net worth of $96.2 billion. These Black billionaires have carved out their fortunes through industries such as finance, energy, technology,…
Nigeria was formally admitted as the ninth BRICS partner country in January 2025, a status introduced at the 16th BRICS Summit in October 2024. Nigeria’s ‘struggling’ economy is likely to take a fresh downturn if the United States President, Donald Trump, follows through with his threat to impose an extra trade tariff on countries aligning…
President of Nigeria Labour Congress (NLC), Joe Ajaero, says the body has written a letter to President Bola Tinubu, seeking an audience with him over the Local Government crisis in Osun State. Daily Trust reports that the state had been thrown into crisis over the legitimacy of elected council officials. The standoff has crippled governance…
Nigerian banks have been mandated to report all customer accounts with monthly transactions exceeding N5 million to the country’s tax authorities, according to the latest update from the National Orientation Agency (NOA). This directive was part of a sweeping tax reform signed into law, aimed at improving tax compliance, curbing financial irregularities, and aligning Nigeria’s…
The International Monetary Fund (IMF) has endorsed Nigeria’s recent financial sector reforms, particularly those led by the Central Bank of Nigeria (CBN) under Governor Olayemi Cardoso. In its 2025 Article IV Consultation report, the Fund praised sweeping changes to the foreign exchange regime, monetary tightening, and banking sector recapitalisation, all of which have contributed to…
At least 10 Nigerian states collectively increased their domestic debt by N417.7bn year-on-year, despite a significant rise in revenue allocations from the Federation Account Allocation Committee, a review of official data has shown. An analysis of the Debt Management Office’s quarterly reports on subnational debt reveals that Rivers, Enugu, Niger, Taraba, Bauchi, Benue, Gombe, Edo,…
