Bola Tinubu
Foreign Direct Investment Plunges 70% in Three Months
Nigeria’s foreign direct investment (FDI) fell dramatically by 70.06% in the first quarter of 2025, raising fresh concerns over the country’s ability to attract long-term productive capital despite a surge in overall capital inflows. According to the National Bureau of Statistics (NBS) Capital Importation Report, FDI dropped to $126.29 million in Q1 2025, down sharply […]
SERAP Sues FG Over Secrecy in NDDC Audit Report
The Socio-Economic Rights and Accountability Project (SERAP) has dragged the Federal Government to the ECOWAS Community Court of Justice over its failure to publish the forensic audit report of the Niger Delta Development Commission (NDDC), which allegedly uncovered the mismanagement of over N6 trillion between 2001 and 2019. The lawsuit, filed by SERAP alongside four […]
Shareholders Reject CBN Move on Unclaimed Dividends
Shareholders across Nigeria have voiced strong opposition to a legislative move mandating the transfer of unclaimed dividends from company registrars to the Central Bank of Nigeria (CBN), describing the action as unconstitutional and an outright violation of investor rights. The Independent Shareholders Association of Nigeria (ISAN), one of the country’s foremost shareholder advocacy groups, issued […]
Regulatory Body Approves Dangote Petrochemicals’ Listing Plans
In a major move poised to reshape Nigeria’s capital market, Dangote Petrochemicals, a subsidiary of the sprawling Dangote Refinery and Petrochemicals group, has secured regulatory approval to list its shares on the Nigerian Exchange (NGX). The listing, expected before the end of June 2025, will allow public investors to trade in one of Africa’s largest […]
Crisis in ADC as Party Leaders Clash Over 2027 Anti-Tinubu Coalition
In what is shaping up to be a major political realignment ahead of the 2027 presidential election, deep cracks have emerged within the African Democratic Congress (ADC) following its reported adoption by a coalition led by former Vice President Atiku Abubakar and Labour Party’s 2023 flagbearer, Peter Obi. The development has not only thrust the […]
2027: APC’s Igbokwe Dismisses Atiku-Obi Alliance as “Unworkable”
In a sharp response to circulating reports about a possible alliance between former Vice President Atiku Abubakar and ex-Labour Party presidential candidate Peter Obi ahead of the 2027 general elections, All Progressives Congress (APC) chieftain, Joe Igbokwe, has emphatically dismissed the deal as unrealistic and politically untenable. Speculations have been rife that Atiku Abubakar, who […]
PFN to President Tinubu: Current Realities Demand Immediate Action
In a bold call for accountability and action, the Pentecostal Fellowship of Nigeria (PFN) has urged President Bola Ahmed Tinubu to match policy pronouncements with tangible action as the country grapples with economic instability, surging inflation, widespread insecurity, and dwindling public trust. Speaking at the end of a four-day national retreat in Uyo, Akwa Ibom […]
Rivers Crisis: FG Hires Ex-AGF, 11 SANs for Supreme Court Battle
In a move that underscores the escalating constitutional face-off between the Federal Government and 11 Peoples Democratic Party (PDP) governors, the Federal Government has assembled a high-powered legal team led by former Attorney General of the Federation, Chief Akin Olujinmi (SAN), to defend the controversial emergency rule declared in Rivers State. This legal action follows […]
Otti Unveils Plans for $1.3 Billion Medical City
In a significant move aimed at transforming the healthcare landscape in Nigeria, Abia State Governor Dr. Alex Otti has unveiled plans for a $1.3 billion medical city. This ambitious project is expected to not only provide state-of-the-art healthcare infrastructure but also reduce Nigeria’s growing reliance on foreign medical tourism. With the soaring cost of healthcare […]
Presidency Denies Allegation VP Shettima Was Barred from Aso Villa
In a swift rebuttal to widespread speculation, the Presidency has firmly dismissed reports alleging that Vice President Kashim Shettima was recently denied access to the Presidential Villa in Abuja. The reports, which gained traction across obscure online platforms and social media, claimed that military personnel barred Shettima from entering the Villa—an incident the Presidency described […]