Lastest News
WWII Anniversary: Chinese Envoy Urges Stronger China-Nigeria Partnership
CHINA’S Ambassador to Nigeria Yu Dunhai has called for deeper cooperation between the two countries, saying both nations need to work together to safeguard peace, justice, and the principles of the United Nations Charter. Yu made the call on Friday in Abuja at a film screening organised by the China Cultural Centre to mark […]
GTCO Increases GTBank’s Paid-Up Capital To ₦504 Billion
GUARANTY Trust Holding Company Plc (GTCO) has increased its investment in Guaranty Trust Bank Ltd. (GTBank) to ₦504 billion. The bank disclosed this in a statement on Thursday in Lagos. The increase followed its subscription to GTBank’s rights issue of 6,994,050,290 ordinary shares at 50 kobo each, valued at ₦365.85 billion. With this injection, GTBank’s […]
Army Intercept 242 Bags Of Fertiliser Bound For Terrorists’ IEDs Production In Borno
THE Nigerian Army troops have intercepted 242 bags of NPK fertiliser suspected to be diverted for use in the production of Improvised Explosive Devices (IEDs) by terrorists in Borno. A credible source at Army Headquarters confirmed the development on Friday in Abuja. The source said the operation underscored the army’s vigilance in cutting off critical […]
Why AfCFTA Can’t Simply Plug The US Trade Gap [Analysis]
THERE’S a lot of hype right now about how intra-African trade through the African Continental Free Trade Area (AfCFTA) could replace the considerable loss of African exports to the United States (US) precipitated by the Trump administration’s steep tariff hike. Intra-African trade – which, at about 15–16 per cent of all African trade, is relatively low – […]
Nigeria’s Economy Stabilises, But Nigerians Are Still Hungry
BIOLA Abayomi pleaded with the butcher for the umpteenth time, her demeanour pitiful. 46-year-old Mrs. Abayomi, a fashion stylist and mother of two children, appears desperate to purchase a cut of beef at ₦2,000, but the butcher disagrees, their voice drowned out by the chatter of traders and passersby at the Sango-Ota market in Ogun […]
UK Govt Says Israeli Officials Not Invited To London Arms Fair
ISRAELI government representatives will not be invited to attend a major London arms fair next month, a UK government spokesperson said Friday, amid worsening diplomatic relations between Britain and Israel over the Gaza conflict. “We can confirm that no Israeli government delegation will be invited to attend DSEI UK 2025” in September, said a defence […]
Trending News
Unveiled: What Tinubu, Shettima, And Other Political Office Holders Earn As Salaries
FRESH details have emerged on the official earnings of Nigeria’s top political office holders, following data released by the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) and corroborated by other government sources. The figures, which cover salaries and allowances for key executive, legislative, and judicial officials, provide insights into the cost of governance in Africa’s […]
In Lagos, Poverty, Extortion Deprive Sexually Abused Children Of Justice [Investigations 1]
By CHRISTIANA ALABI-AKANDE ON Wednesday 30 September 2020, Favour Okechukwu, 11, was gang-raped to death in Ejigbo, a low-income suburb in Lagos State. The victim’s family had expected swift justice, but almost five years later, it remains a mirage. Frustrated by her failure to secure justice for her late daughter, the deceased’s mother, Ruth Okechukwu, […]
EXPOSED: Nigerian Officials Who Presided Over Ministries, Agencies Indicted By Auditor-General, Reps
By SHARON EBOESOMI THE House of Representatives recently indicted 31 federal Ministries, Departments and Agencies (MDAs) for financial infractions totalling over ₦103.8 billion and $950,912.05. The indictment follows damning revelations from the 2019 and 2020 Auditor-General’s reports. The lawmakers requested that the Economic and Financial Crimes Commission (EFCC) and the Independent Corrupt Practices and Other Related Offences Commission […]
Business
Why AfCFTA Can’t Simply Plug The US Trade Gap [Analysis]
THERE’S a lot of hype right now about how intra-African trade through the African Continental Free Trade Area (AfCFTA) could replace the considerable loss of African exports to the United States (US) precipitated by the Trump administration’s steep tariff hike. Intra-African trade – which, at about 15–16 per cent of all African trade, is relatively low – […]
Weststar Raises Alarm Over 1.5 Million Fake Mercedes-Benz Parts In Circulation
By OLUSEGUN KOIKI WESTSTAR Associates Limited, the authorised general distributor of Mercedes-Benz in Nigeria, has raised the alarm over the global increase in counterfeit automotive parts. This followed Mercedes-Benz’s 2024 report revealing alarming figures, which claimed that 793 raids conducted worldwide led to the seizure of more than 1.5 million fake Mercedes-Benz products. A statement […]
Local Production: Rice Mills Collapsing
DESPITE multibillion-dollar investments in rice mills to boost local processing and production, many mills are closing or producing below capacity due to many reasons, as revealed in this piece. The Nigerian rice economy was worth an estimated ₦2.5 trillion in 2018, growing from ₦1.1 trillion in 2016, according to KPMG market analysis. According to the […]
DMO To Auction ₦200 Billion FGN Bonds
By JOSEPH CHIBUEZE, Abuja The Debt Management Office (DMO) is offering the ₦200 billion Federal Government of Nigeria (FGN) bonds in August for subscription by auction. The DMO, in a statement posted on its official website yesterday, announced that the auction would take place on Monday 25 August 2025, with settlement fixed for Wednesday 27 […]
Politics
Don’t Expect Messiah In 2027, Farotimi Urges Nigerians
AS the battle for the 2027 general election draws near, Nigerian human rights lawyer and political activist, Dele Farotimi has urged Nigerians not to expect a messiah as President. According to the activist, anyone who thinks any of the presidential candidates or hopefuls are messiah should get his brain checked. Farotimi, made this remark in reaction to […]
Portrait Of A Sham ‘Activist’: “Some Allegations Must Never Be Allowed To Slide”; Of Rogues And Roguery
By AMEDE ISAAC DEJI Adeyanju, you must admit, has been constituting nuisance in the public space without any shred of decency to his name and profession. Many times I have kept pondering how truly worthy he is of his university degree, vis-a-vis his law credentials that explicitly, if not majestically, declare him “…worthy in learning […]
There Is No More Corruption in Nigeria – President Tinubu Tells Brazil’s President
PRESIDENT Bola Ahmed Tinubu has claimed that there is no more corruption in Nigeria. He stated this while assuring Brazilian investors that Nigeria’s economic reforms are yielding results. The President gave the assurance on Monday during a meeting with ministers from both countries and members of the Brazil Business Group. He emphasized Nigeria’s commitment to […]
Unveiled: What Tinubu, Shettima, And Other Political Office Holders Earn As Salaries
FRESH details have emerged on the official earnings of Nigeria’s top political office holders, following data released by the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) and corroborated by other government sources. The figures, which cover salaries and allowances for key executive, legislative, and judicial officials, provide insights into the cost of governance in Africa’s […]