Former Minister of Communications and All Progressives Congress (APC) chieftain, Adebayo Shittu, has declared that the Economic and Financial Crimes Commission (EFCC) maintains the institutional autonomy to investigate the Minister of the Federal Capital Territory (FCT), Nyesom Wike, should compelling evidence of financial misconduct arise. Speaking in a national interview …
Read More »Naira Crashes Despite $46bn FX Reserves As Global Tensions Rattle Nigeria’s Currency
Nigeria’s foreign exchange market delivered a mixed signal as the naira weakened against the US dollar despite a fresh rise in the country’s external reserves to nearly $46 billion. The divergence highlights the persistent structural pressures in the FX market, even as macro buffers show gradual improvement. At the official …
Read More »Trump Sues America’s Biggest Bank, CEO for $5Bn over Alleged Debanking
U.S. President, Donald Trump, has filed a $5 billion lawsuit against JPMorgan Chase and its CEO, Jamie Dimon, accusing the bank of “debanking” him for political reasons. The lawsuit, filed Thursday in Miami-Dade County, Florida, claims the nation’s largest bank closed multiple accounts belonging to Trump and his companies to …
Read More »Glo-sponsored African Voices features martial artist, Gorimbo
This weekend’s edition of the Glo-sponsored CNN International’s magazine show, African Voices Changemakers, focused on the incredible journey and strides of mixed martial arts champion, Themba Gorimbo. The show, which aired on Saturday, January 24, included a discussion with the UFC fighter who was born in Zimbabwe. Gorimbo’s journey from …
Read More »How Inside Jobs and Policy Shocks Trigger Nigeria’s Rising Loan Crisis
BY BLAISE UDUNZE The latest in the Nigerian banking sector, as banks grapple with the recapitalization compliance deadline, is confronted with a familiar yet unsettling problem that stems from rising loan defaults amid expanding credit. Data from the Central Bank of Nigeria’s (CBN’s) latest macroeconomic outlook of 2025 showed that …
Read More »Nestlé Nigeria and FBRA: Closing the Loop in Nigeria’s Waste Management Ecosystem
As Nigeria’s population continues to grow, estimated by the United Nations Population Fund to reach over 237 million by 2025—so does the volume of waste generated across the country. With over 32 million tonnes of solid waste produced annually according to the World Bank, the pressure on city authorities and …
Read More »Dangote Cement Welcomes over 100 New Engineers After Completion of Graduate Trainee Program
Dangote Cement Plc has inducted almost 200 newly trained engineers and other professionals into its workforce following the successful completion of its Graduate Trainee Programme, reaffirming the company’s commitment to job creation, skills development, and local capacity building in Nigeria. The trainees, drawn from various engineering, finance, IT and …
Read More »SETTING THE RECORD STRAIGHT ON THE DISQUALIFICATION OF NESTOIL’S LAWYERS.
Following the recent ruling of the Court of Appeal disqualifying the lawyers appointed by the respective organisations, NESTOIL LIMITED and NECONDE ENERGY LIMITED in the alleged debt recovery litigation instituted by the duo of FBNQuest Merchant Bank Limited and First Trustees Limited, it has become necessary for us to …
Read More »The Christmas Day Reckoning: One Month After U.S. Airstrikes in Nigeria, Silence Persists.
Nearly one month after the United States carried out airstrikes on Christmas Day 2025 in northwestern Nigeria, critical questions remain unanswered. There has been no official confirmation of the strike’s precise location, its intended targets, or the number of civilians killed. The absence of clear communication has deepened public …
Read More »Akande-Sadipe Congratulates Aleshinloye on Appointment as FCC Commissioner
The Member representing Oluyole Federal Constituency, Rep. Tolu Akande-Sadipe, has congratulated Hon. Abass Aleshinloye on his appointment as a Commissioner of the Federal Character Commission (FCC). Hon. Abass Aleshinloye is a former Chairman of the Oluyole Local government area. In a congratulatory message issued on Thursday, Rep. …
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