2025 African Stock Market Performance: Ghana’s GSE Leads with Sustained Gains Ghana Securities Exchange Emerges as Africa’s Top Performer in 2025 The Ghana Securities Exchange (GSE) Composite Index was the highest-performing equity market among selected African exchanges in 2025, surpassing Nigeria’s NGX All-Share Index and other continental peers. With a remarkable annual return of 79.43%, […]
CIG Motors fires Lagride Acting MD, Jubril Arogundade over alleged financial misappropriation
CIG Motors Terminates Lagride Acting MD Amid Governance Dispute CIG Motors Co. Ltd., the operator of the Lagride e-hailing platform, has announced the termination of Jubril Arogundade, its Executive Director and Acting Managing Director. The company’s decision, detailed in an official statement, followed internal investigations that revealed serious governance concerns. These issues, which included alleged […]
Petralon Energy appoints Equere Executive Director
Petralon Energy Appoints Uduak Equere as Executive Director Petralon Energy Strengthens Leadership with Appointment of Uduak Equere as Executive Director Petralon Energy, a prominent indigenous oil exploration and production company, has announced the strategic appointment of Uduak Equere to its board as Executive Director. This key leadership change, effective January 5, 2026, follows a period […]
Flutterwave acquires Mono in deal valued at up to $40 million
Flutterwave Acquires Mono in Strategic Open Banking Move Flutterwave Strengthens Infrastructure with Mono Acquisition In a landmark transaction for Africa’s fintech sector, Flutterwave has finalized the acquisition of open banking specialist Mono. The all-stock deal, valued between $25 million and $40 million, unites two pivotal infrastructure players. This strategic move is set to significantly enhance […]
Edgebase celebrates 20 years of innovation, local impact and community building in Nigeria’s technology ecosystem
Edgebase Technologies: 20 Years of Innovation and Impact in Nigeria’s Tech Ecosystem Edgebase Technologies Marks Two Decades of Pioneering Nigeria’s Digital Infrastructure Edgebase Technologies commemorates its 20th anniversary, celebrating a landmark journey of innovation, local impact, and community building within Nigeria’s technology ecosystem. Since its inception in 2005, the company has evolved from a modest […]
CBN projects inflation to ease to 12.94% in 2026, sees bullish capital market outlook
CBN Forecast: Inflation to Moderate to 12.94% by 2026, Bullish Market Outlook CBN Projects Inflation Decline to 12.94% by 2026, Foresees Robust Capital Market The Central Bank of Nigeria (CBN) has released an outlook projecting a significant moderation in headline inflation to an average of 12.94% by 2026. This anticipated decline is attributed primarily to […]
Breaking: Heirs Energies Limited acquires Maurel & Prom’s 20.07% stake in Seplat Energy
Heirs Energies Acquires Major Stake in Seplat Energy: A Landmark African Deal Heirs Energies Becomes Largest Shareholder in Seplat Energy with Strategic Acquisition In a significant development for the African energy sector, Heirs Energies Limited, led by prominent investor Tony Elumelu, has acquired a 20.07% stake in Seplat Energy Plc from Maurel & Prom. The […]
Georgia to require health insurance for all tourists beginning in 2026
Georgia Mandates Health Insurance for All Tourists Starting 2026 Georgia Implements Mandatory Health Insurance Requirement for International Visitors In a significant update to its border policy, Georgia will require all foreign tourists to possess valid health and accident insurance as a condition of entry effective January 1, 2026. This new regulation, established through amendments to […]
Nigeria becomes net lender with $320 million in Q3 2025 – CBN
Nigeria’s External Position Shifts to Net Lender in Q3 2025 | CBN Report Nigeria Records $320 Million Net Lending Position in Q3 2025, CBN Reports In a significant reversal of its external financial posture, Nigeria transitioned to a net lending position of $320 million in the third quarter of 2025, according to official data from […]
Sanwo-Olu: Tax reforms will protect small businesses, not burden the poor
Sanwo-Olu Clarifies Tax Reforms: Protection for Small Businesses, Not Burden for the Poor Lagos Governor Assures Fair Tax Reforms Amid National Implementation Lagos State Governor, Babajide Sanwo-Olu, has moved to address public concerns regarding Nigeria’s impending federal tax reforms, assuring residents that the changes are designed to protect small businesses and ensure equity, not to […]
ADC: Tinubu’s 2026 budget ‘buries’ next generation in debt
Analysis: Nigeria’s 2026 Budget Proposal and the National Debt Trajectory Fiscal Analysis: Nigeria’s 2026 Budget Proposal Sparks Debt Sustainability Debate A critical assessment of Nigeria’s proposed 2026 appropriation bill has ignited a fierce debate on the nation’s fiscal future. The African Democratic Congress (ADC) has levied a stark warning, asserting that the budget framework presented […]
Gazette furore: We didn’t alter tax laws — FG
Federal Government Clarifies Tax Stance Amidst National News Developments Federal Government Denies Alteration of Tax Laws Amidst Broader National Discourse In a firm rebuttal to recent media reports, the Federal Government has clarified that it has not enacted any new tax legislation. Officials emphasized that current discussions are part of routine fiscal policy reviews aimed […]
12 die in Cross River auto crash
Tragic Auto Crash Claims 12 Lives in Cross River State | Road Safety Review Twelve Lives Lost in Devastating Cross River Road Accident A severe road traffic accident in Cross River State has resulted in the tragic loss of twelve lives, casting a pall over the local community and prompting urgent calls for improved highway […]
Kwara community deserted after renewed bandit attack
Renewed Bandit Assault Forces Mass Exodus from Kwara Community Kwara Community Left Desolate Following Renewed Bandit Incursion A palpable climate of fear has descended upon a rural community in Kwara State, following a severe bandit attack that has compelled residents to flee en masse. The assault, characterized by violence and pillaging, has transformed a once-vibrant […]
Dust over conferment of Yorubaland chieftaincy titles
Controversy and Tradition: Examining Modern Chieftaincy Conferment in Yorubaland Navigating Tradition: The Evolving Landscape of Yoruba Chieftaincy Titles The esteemed institution of chieftaincy in Yorubaland, a cornerstone of cultural identity for generations, finds itself at a complex crossroads. A growing discourse surrounds the conferment of traditional titles, sparking debates that touch on authenticity, authority, and […]
Sunday Igboho seeks Tinubu’s intervention as herdsmen attack farmers in hometown
Yoruba Activist Sunday Igboho Appeals to President Tinubu Over Herdsmen Violence in Igboho Sunday Igboho Urges Presidential Action Amid Escalating Herdsmen Attacks in Oyo Yoruba nation activist, Sunday Adeyemo, popularly known as Sunday Igboho, has formally called on President Bola Tinubu to intervene in the worsening security situation in his hometown of Igboho, Oyo State. […]
Guinness Nigeria Marks 75 Years of Brewing Happiness, Community, and Cultural Impact
Guinness Nigeria Celebrates 75 Years of Brewing Legacy and Community Impact Guinness Nigeria: A 75-Year Legacy of Brewing Excellence and Social Contribution This year marks a monumental milestone for Guinness Nigeria as the iconic brewer celebrates 75 years of operations, deeply weaving itself into the nation’s social and economic fabric. Since its establishment, the company […]
Yuletide: IGP orders massive deployment of personnel nationwide
IGP Orders Nationwide Security Deployment for Yuletide Season | National Update IGP Mandates Comprehensive Security Deployment for Christmas and New Year Period In a decisive move to ensure nationwide safety during the festive season, the Inspector-General of Police (IGP) has ordered the massive deployment of security personnel across all states of the federation. This strategic […]
Full list of 64 ambassadorial nominees confirmed by Senate
Senate Confirms Full List of 64 Ambassadorial Nominees for Key Global Posts Senate Approves Full List of 64 Ambassadorial Nominees for International Deployment In a significant diplomatic move, the Senate has officially confirmed the full list of 64 ambassadorial nominees, paving the way for their deployment to strategic nations across the globe. This comprehensive roster […]
Trump appeals judge’s order restoring Harvard funds
Trump Campaign Appeals Court Ruling on Harvard Funding Restoration Trump Campaign Challenges Court Order to Restore Harvard University Funding Former President Donald Trump’s campaign has formally filed an appeal against a federal judge’s recent order mandating the restoration of federal funds to Harvard University. The legal dispute stems from an earlier executive action that withheld […]
Breaking: Tinubu presents N58 trn 2026 budget
President Tinubu Presents Landmark N58 Trillion 2026 Budget Proposal | National Focus President Tinubu Unveils Ambitious N58 Trillion Budget for 2026 Fiscal Year In a significant move for Nigeria’s economic planning, President Bola Ahmed Tinubu has formally presented the 2026 Appropriation Bill to the National Assembly. The proposed budget, valued at a historic fifty-eight trillion […]
What INEC told warring PDP factions
INEC’s Directive to PDP Factions: A Call for Internal Resolution INEC’s Stance on Internal Party Conflicts: A Message to PDP Factions The Independent National Electoral Commission (INEC) has issued a definitive statement to the warring factions within the Peoples Democratic Party (PDP), clarifying its role in internal party disputes. As the nation’s electoral umpire, INEC […]
Police withdrawal: ‘Some lawmakers may not go home today,’ Akpabio tells Tinubu
Senate President Warns of Legislative Tensions Following Police Withdrawal Senate President Akpabio Warns of Legislative Tensions in Address to President Tinubu In a striking address to President Bola Tinubu, Senate President Godswill Akpabio issued a grave warning regarding the recent withdrawal of police personnel from certain lawmakers. He indicated that the security development has created […]
Breaking: Senator Peter Nwaoboshi is dead, Oborevwori mourns
Senator Peter Nwaoboshi Passes Away: Delta State Governor Oborevwori Leads Tributes Senator Peter Nwaoboshi Passes Away: Delta State Governor Oborevwoni Leads Tributes The Nigerian political landscape is in mourning following the passing of Senator Peter Nwaoboshi, a prominent figure who represented Delta North Senatorial District. The news of his death has prompted an outpouring of […]
Tinubu seeks senate approval for new petroleum regulators’ chiefs
President Tinubu Seeks Senate Confirmation for Leadership of New Petroleum Regulatory Bodies President Tinubu Seeks Senate Confirmation for Leadership of New Petroleum Regulatory Bodies In a decisive move to reshape Nigeria’s critical energy sector, President Bola Ahmed Tinubu has formally requested the Senate’s approval for the appointment of new chief executives to lead the nation’s […]
Four killed, women captured, tortured, another missing in fresh herders’ attacks on Benue communities
Fresh Violence in Benue Communities Leaves Four Dead, Women Abducted | Crisis Analysis Fresh Herder Attacks Ravage Benue Communities, Leaving Trail of Death and Abduction A new wave of violence has struck several communities in Benue State, with devastating consequences for local residents. According to local sources and community leaders, recent attacks by armed herders […]
Labour Party Obidients weigh options amid Obi defection speculations
Labour Party at a Crossroads: Obidients Navigate Future Amid Peter Obi Speculation Labour Party at a Crossroads: Obidients Navigate Future Amid Peter Obi Speculation The Nigerian political landscape is witnessing a period of intense introspection within the Labour Party (LP) as its most vital constituency, the ‘Obidients,’ carefully weighs its options. This fervent base, galvanized […]
‘Tinubu has done well’ – Umahi counters Abaribe on ‘South East marginalisation’
Debate on South East Development: Umahi Counters Abaribe’s Marginalization Claims | Policy Analysis Federal Infrastructure Drive Sparks Debate on South East Development and Inclusion A significant political discourse has emerged regarding the pace and distribution of federal projects under President Bola Tinubu’s administration, particularly concerning the South East region. The debate was ignited when the […]
EFCC nabs herbalists with $3.4m, €280, 000 counterfeit notes in Osun, Lagos
EFCC Bust: Herbalists Arrested with $3.4M, €280K in Counterfeit Notes in Osun and Lagos | Financial Crime Update EFCC Apprehends Herbalists in Major Counterfeit Currency Bust Across Osun and Lagos In a decisive operation underscoring its commitment to combating financial crimes, the Economic and Financial Crimes Commission (EFCC) has arrested a syndicate of individuals, including […]
PoS Terminals: CBN gives one month deadline for dual connectivity
CBN Mandates Dual Connectivity for PoS Terminals: A One-Month Compliance Deadline CBN Issues One-Month Ultimatum for PoS Terminal Network Upgrade In a decisive move to bolster the resilience and reliability of Nigeria’s digital payment ecosystem, the Central Bank of Nigeria (CBN) has issued a strict one-month deadline to all Point-of-Sale (PoS) terminal operators. The directive […]
Top auto brands, regulators gear up for 2025 Nigeria Auto Awards
Industry Anticipates 2025 Nigeria Auto Awards: A Pivotal Moment for the Sector Industry Giants and Regulators Converge for the 2025 Nigeria Auto Awards The Nigerian automotive landscape is shifting into high gear as top auto brands and key regulatory authorities intensify preparations for the highly anticipated 2025 Nigeria Auto Awards. This premier event, set to […]
Defections: Tinubu will never use EFCC to harass opposition — Presidency
Presidency Affirms Commitment to Rule of Law Amid Political Defections Presidency Rejects Notion of Weaponizing EFCC Against Political Opposition In a firm rebuttal to growing political narratives, the Presidency has categorically stated that President Bola Tinubu’s administration will not employ state institutions like the Economic and Financial Crimes Commission (EFCC) to intimidate or harass the […]
Fubara’s defection: What it portends for Rivers
Political Crossroads: Analyzing the Implications of Fubara’s Defection in Rivers State Political Crossroads: Analyzing the Implications of Fubara’s Defection in Rivers State The political landscape of Rivers State, a crucial economic nexus in Nigeria’s Niger Delta, has entered a period of profound uncertainty following the high-profile defection of a key figure, Siminalayi Fubara. This move, […]
Ship seized by US not Nigerian; last seen here July 2024 – NIMASA
NIMASA Clarifies: Vessel Seized by U.S. Authorities Not Nigerian-Registered | Maritime Security Update NIMASA Clarifies Nationality of Vessel Seized by U.S. Authorities In a recent official statement, the Nigerian Maritime Administration and Safety Agency (NIMASA) has moved to clarify the nationality of a merchant vessel intercepted and seized by United States authorities. Contrary to circulating […]
Neglect us at your peril in 2027, Onoh warns Mbah
Political Analyst Onoh Issues 2027 Electoral Warning to Governor Mbah | Policy and Power Dynamics Onoh Issues Stark 2027 Political Warning to Governor Mbah, Citing Voter Sentiment In a striking intervention into Enugu State’s political discourse, prominent analyst Chukwuemeka Onoh has issued a direct caution to Governor Peter Mbah, suggesting that the administration’s current trajectory […]
LASU warns against unauthorised content creation on campus
LASU Issues Formal Advisory on Unauthorized Content Creation and Media Activities on Campus Lagos State University Strengthens Protocols for On-Campus Media and Content Creation In a decisive move to uphold its institutional integrity and safeguard the privacy of its community, the management of Lagos State University (LASU) has issued a formal advisory against all forms […]
Obi faults plan to borrow ₦20trn for 2026 budget, warns against ‘Fiscal Rascality’
Obi Condemns ₦20 Trillion Borrowing Plan for 2026 Budget, Warns of ‘Fiscal Rascality’ | Economic Analysis Peter Obi Criticizes Proposed ₦20 Trillion Borrowing Plan, Labels It ‘Fiscal Rascality’ In a stark critique of the Federal Government’s fiscal strategy, former presidential candidate Peter Obi has vehemently faulted the emerging plan to borrow an additional ₦20 trillion […]
Gov Yusuf bans parallel Hisbah board in Kano
Governor Yusuf Consolidates Authority, Bans Parallel Hisbah Board in Kano | Governance Analysis Kano Governor Takes Decisive Step, Outlaws Parallel Hisbah Security Board In a significant move to assert executive authority and streamline state security operations, Kano State Governor, Alhaji Abba Kabir Yusuf, has officially banned the activities of a parallel Hisbah board operating within […]
Osun gov poll: Why I joined Accord Party — Adeleke
Strategic Realignment: Senator Ademola Adeleke’s Move to Accord Party in Osun Gubernatorial Race Strategic Realignment: Senator Ademola Adeleke’s Move to Accord Party in Osun Gubernatorial Race The political landscape in Osun State has witnessed a significant shift with the defection of Senator Ademola Adeleke from the Peoples Democratic Party (PDP) to the Accord Party. This […]
Ogun records 502 cases of incest, sexual assault, domestic violence
Ogun State Confronts Crisis: 502 Documented Cases of Gender-Based Violence Signal Urgent Need for Action Ogun State Grapples with Alarming Surge in Gender-Based Violence A recent and deeply concerning report from Ogun State has shed light on a pervasive social crisis, documenting a staggering 502 cases of sexual and domestic violence within a defined period. […]
Insecurity: Buck stops on your table, Onaiyekan, Sheikh Lemu, CAN, others tell Tinubu
Religious Leaders Issue Direct Appeal to President Tinubu on National Security Crisis National Security: Religious and Civil Society Leaders Urge President Tinubu to Take Decisive Action In a powerful collective statement, eminent Nigerian religious leaders and civil society figures have delivered a stark message to President Bola Ahmed Tinubu, asserting that the ultimate responsibility for […]
Senate probes utilisation of ₦15bn Safe Schools Fund, queries police’s ₦6.2bn allocation
Senate Investigates ₦15bn Safe Schools Fund, Questions Police Allocation | Security Funding Probe Senate Launches Probe into ₦15 Billion Safe Schools Fund, Questions Police’s ₦6.2 Billion Allocation The Nigerian Senate has initiated a significant investigation into the management and utilization of the ₦15 billion Safe Schools Financing Fund, a critical initiative designed to protect educational […]
Nigeria–US ties are “Treasured and Robust,” must be deepened under Tinubu – Sunday Dare
Deepening Nigeria-US Relations: A “Treasured and Robust” Partnership Under Tinubu’s Leadership Strengthening a Strategic Alliance: The Future of Nigeria-US Relations Under Tinubu The diplomatic relationship between Nigeria and the United States has long been described by officials on both sides as both “treasured and robust.” This characterization underscores a partnership built on shared democratic values, […]
ADC decries non-payment of local contractors, pensioners
ADC Condemns Systemic Non-Payment to Local Contractors and Pensioners in Osun | Political Analysis ADC Voices Strong Condemnation Over Unpaid Local Contractors and Pensioners in Osun State The African Democratic Congress (ADC) in Osun State has issued a stern rebuke against the state government for its persistent failure to settle outstanding debts owed to local […]
ECOWAS deploys troops to Benin to uphold constitutional order
ECOWAS Deploys Stabilization Force to Benin: A Move to Uphold Constitutional Order | Regional Analysis ECOWAS Initiates Strategic Deployment to Benin in Defense of Constitutional Governance In a decisive move to reinforce democratic stability, the Economic Community of West African States (ECOWAS) has authorized the deployment of a regional standby force to the Republic of […]
Kwara community appeals for government intervention to rescue abducted monarch
Kwara Community in Crisis: Urgent Plea for Intervention to Secure Monarch’s Release Kwara Community Issues Desperate Plea for Government Intervention Following Monarch’s Abduction A palpable air of anxiety and urgency has descended upon a serene community in Kwara State, following the shocking abduction of its traditional ruler. Residents and community leaders have issued a fervent […]
PDP: Wike’s faction moves to install caretaker leadership, declares Mohammed, Makinde ‘on their way out’
PDP Crisis Deepens: Wike-Led Faction Moves to Install Caretaker Leadership, Declares Key Figures ‘On Their Way Out’ | Political Analysis Internal Strife Escalates as PDP Faction Seizes Initiative for Caretaker Leadership A significant faction within Nigeria’s main opposition party, the Peoples Democratic Party (PDP), aligned with the Federal Capital Territory Minister, Nyesom Wike, is reportedly […]
Macron, US lawmaker reaffirm support for Nigeria amid security challenges
Global Allies Reaffirm Commitment to Nigeria’s Stability and Economic Future France and U.S. Lawmakers Pledge Solidarity with Nigeria on Security and Economic Fronts In a significant show of international solidarity, French President Emmanuel Macron and key United States lawmakers have recently reaffirmed their nations’ steadfast support for the Federal Government of Nigeria as it navigates […]
Rising insecurity: NLC threatens national mourning, protests
National Crisis: NLC Plans Mourning and Protests Over Insecurity as Political Tensions Rise NLC Declares National Mourning and Mass Protests Amid Escalating Insecurity Crisis The Nigeria Labour Congress (NLC) has issued a stark ultimatum to the federal government, threatening to declare a national day of mourning and mobilize nationwide protests if the escalating insecurity across […]
‘You need 6 years to be lawyer’; judge rejects Nnamdi Kanu’s brother’s court appearance
Judicial Bench Clarifies Legal Representation Rules: Court Denies Nnamdi Kanu’s Brother’s Right of Audience Court Upholds Legal Standards, Denies Audience to Nnamdi Kanu’s Brother In a definitive ruling that underscores the stringent qualifications required for legal practice, a Nigerian judge has firmly rejected an attempt by Prince Emmanuel Kanu, brother of detained IPOB leader Nnamdi […]