Nigeria has effectively transitioned from chronic petrol shortages to a phase of sustained fuel surplus, following large-scale domestic production by Dangote Petroleum Refinery Plc. The assurance was given by the newly appointed Managing Director of the refinery, David Bird, during a media briefing in Lagos on Wednesday, where he said consistent local refining has ended […]
By Kayode Adebiyi, The Christmas Eve fire outbreak at a 25-storey building on Lagos Island has once again thrust Nigeria’s emergency response system into the public spotlight. It has also renewed concerns over the country’s preparedness for large-scale disasters. According to the Lagos State Emergency Management Agency (LASEMA), the inferno at the Great Nigeria Insurance […]
By Godwin Anyebe The Federal Competition and Consumer Protection Commission (FCCPC) has firmly reaffirmed that the Digital, Electronic, Online, or Non-Traditional (DEON) Consumer Lending Regulations, 2025 remain valid, enforceable and binding, dismissing claims by a House of Representatives ad-hoc committee that the rules had been suspended. In a strong rebuttal, the Commission said the DEON […]
By Godwin Anyebe As the sun rises in 2026, Nigeria is finally exhaling. After years of suffocating economic pressure, the atmosphere has shifted. With the Gross Domestic Product (GDP) projected to grow by 4.1% and inflation finally making a steady descent toward the 12–14% range, the “survival mode” that defined the last two years is […]
By Hon. Eseme Eyiboh In politics, silence is often louder than speech, for it speaks in the language of calculation and consequence. Forgiveness, when declared by a powerful man, is louder still—a thunderclap in a quiet chamber. It unsettles expectations, invites suspicion, and demands interrogation, not because it is weak, but because power is never […]
Airtel Africa Plc offers a potential upside of 72.0 per cent from its current market price, despite a slight reduction in its target valuation by Lagos-based investment firm, CardinalStone Securities Limited. In its latest equity note, CardinalStone said the telecoms group remains relatively cheaper than peers across the Middle East and Africa at prevailing market prices, even […]
By SAMUEL MOBOLAJI The naira ended the second trading week of 2026 on a stronger footing against the United States dollar, closing at ₦1,424.5/$ at the official foreign exchange market, supported by improved market stability, marginal reserve accretion and positive medium-term signals from the Central Bank of Nigeria. Trading data from the Nigerian Foreign Exchange […]
By Abdulkadir Ahmed Ibrahim In politics, moments arise when loyalty to a platform must give way to loyalty to the people. There are seasons when courage is not found in standing still, but in moving forward with clarity of purpose. Kano State stands at such a moment. The planned defection of Governor Abba Kabir Yusuf […]
By Salmanu Darazo and Isah Aliyu Chiroma The Central Bank of Nigeria (CBN) has released its macroeconomic outlook for 2025, displaying a nuanced picture of the nation’s economic trajectory amidst a shifting global landscape. The report reveals that global economic growth decelerated slightly to 3.20% in 2025 from 3.30% in 2024, a slowdown fuelled by […]
Following what it described as an alleged attempt to hijack its administration and manipulate records at the Corporate Affairs Commission, The Mount Zion Lighthouse Full Gospel Church Inc. has disowned claims by the family of its late founder over the church’s trusteeship, suspended two elders, and barred non-members from further interference. The church, in a […]
By SHEDDY OZOENE In a move that sent ripples through Nigeria’s political landscape, Peter Obi, the Labour Party (LP) presidential candidate in the 2023 general election, has formally defected to the African Democratic Congress (ADC). Obi’s defection, announced at a gathering at the Nike Lake Resort in Enugu on December 31, 2025, brought the […]
By Edwin Philip The Nasarawa State Government aims to increase its Internally Generated Revenue (IGR) to N5 billion per month in 2026, as part of its “Budget of Strategic Consolidation.” Haj. Munira Abdullahi, State Commissioner for Budget and Economic Planning, stated this on Monday in Lafia during a ministerial briefing organised by the Commissioner for […]
By Joseph Tegbe Nigeria’s ongoing tax reforms have been widely mischaracterized as revenue tricks, mostly through epistemic closure and motivated reasoning, solely focusing on revenue figures, tax rates, and who pays what. These debates often miss the larger and far more consequential point of the reforms which are primarily about fixing a broken fiscal architecture, […]
By MICHEAL AJAYI Guaranty Trust Holding Company Plc (GTCO) has secured approvals from the Central Bank of Nigeria (CBN) and the Securities and Exchange Commission (SEC) to raise N10 billion through a private placement, signalling continued balance sheet strengthening and strategic capital flexibility for investors. The holding company said the private placement, which remains subject […]
By SAMUEL MOBOLAJI Global oil markets are heading into 2026 under mounting pressure as investors weigh intensifying geopolitical uncertainty against clear signs of swelling crude and gas supplies that could push prices lower. After losing nearly 20 per cent in 2025 to hover around $60 per barrel, crude is increasingly vulnerable to a supply-driven downturn. […]
By Chidi Anselm Odinkalu “A Judge who takes advantage of the judicial office for personal gain or for gain by his or her relative or relation abuses power…. such abuse of power profoundly violates the public’s trust in the judiciary.” Code of Conduct for Judicial Officers of the Federal Republic of Nigeria, Rule 8:3 (2016) […]
By Uduma Deborah Alobo, Environmental Engineer Anyone living in a moderately to densely populated urban area in Nigeria is well aware of the country’s plastic pollution crisis. From single-use plastic bags (popularly called nylon) and bread wrappers to Styrofoam food containers, pure water sachets, plastic bottles and the plastic packaging of everyday goods such as […]
By Samuel Mobolaji NIPCO Plc, Nigeria’s leading indigenous downstream energy company, has rewarded motorists and gas users with a total of ₦16 million in its customer loyalty draw, held in Abuja. The initiative, designed to celebrate and strengthen customer loyalty, saw winners walk away with prizes ranging from ₦100,000 to ₦5 million. The star prize of […]
By Lasisi Olagunju There is a Yoruba proverb for our insecurity and the external help we got last Thursday: Let the man see the snake; let the woman kill it. What matters is that the snake dies (Kí ọkùnrin rí ejò, kí obìnrin pa á; ohun tí ó ṣe pàtàkì ni pé kí ejò kú). […]
Operatives of the Department of State Services (DSS), have arrested killers of Professor Ekanem Philip-Ephraim, a neurologist in Cross River State. The DSS said the two arrested suspects allegedly abducted the professor on July 13, 2023, at her office in Calabar, Cross River State, and was later confirmed killed by her abductors. According to the […]
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