By BAMIDELE OGUNWUSI …Experts Worry Over Reduced Investment, Increased Unemployment NIGERIA’S fragile economic recovery could face new headwinds if the slowdown in private sector credit growth persists, economists have warned. They say the recent deceleration in bank lending to businesses and households poses risks to investment, consumption, and overall GDP expansion at a time when […]
REASON and logic prevailed at last, penultimate week, when the federal government admitted the fact of the systemic dysfunction and proliferation of tertiary institutions in the country. As a result, it imposed a seven-year moratorium on the establishment of new universities, polytechnics and colleges of education at the federal level, so that the inadequacies in […]
By SOLA SHITTU WHEN President Bola Tinubu’s administration announced the approval of a staggering ₦4 trillion debt refinancing package for the power sector last week, it was framed as a bold effort to stabilize a struggling industry. The debts owed to generation companies (GenCos) between 2015 and 2023 had long threatened the survival of operators […]
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 […]
By GBENGA FABUYI FORMER President Olusegun Obasanjo has described the regime of the late former President Muhammadu Buhari as the worst civil administration in Nigeria’s history. Buhari, who died in London on 13 July 2025 and was buried at his Daura, Katsina residence on 15 July 2025 ruled as military dictator from 1983 to 1985 […]
By TUNDE ELUDINI FORMER Green Eagles midfielder, Sylvanus “Quicksilver” Okpala, has called for greater respect and recognition for Nigeria’s past sporting heroes, insisting the country must value its icons well beyond their playing years. His appeal comes amid an outpouring of tributes after the passing of former Super Eagles goalkeeper Peter “Dodo Mayana” Rufai. The celebrated shot-stopper, […]
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, […]
By KABIR YUSUF THE Director-General of Protocol to the Kano State Governor, Abdullahi Rogo, stands accused in a staggering ₦6.5 billion corruption scandal now under investigation by Nigeria’s two foremost anti-graft agencies: the Independent Corrupt Practices and Other Related Offences Commission (ICPC) and the Economic and Financial Crimes Commission (EFCC). Investigators allege that Mr. Rogo masterminded […]
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 […]
WITH the startling thuggery and electoral malfeasance that marred the recent by-elections in some states, Nigerians fear that the 2027 elections may turn out to be the most awful in the nation’s history, given the proclivity of politicians to win at all costs and subvert the will of the people. Elder statesmen, leaders, lawyers, and […]