By Sodiq Adelakun The Minister of Aviation and Aerospace Development, Festus Keyamo, has declared that the 2027 presidential election would be “a coronation, not an election” for President Bola Ahmed Tinubu, expressing confidence that the ruling All Progressives Congress (APC) would retain power. Keyamo made the remarks on Thursday during an appearance on Politics Today,…
By Seun Ibiyemi President Bola Ahmed Tinubu has approved the immediate dissolution of the Presidential Implementation Committee (PIC) on the Alienation of Federal Government Properties, citing its involvement in multiple litigations and a departure from its original mandate. The decision, announced in a statement on Thursday by the President’s Special Adviser on Information and Strategy,…
By Seun Ibiyemi The Federal Government has commenced payment of the counterpart funding required to unlock a £746 million UK-backed loan for the rehabilitation of the Apapa and Tin Can Island ports, marking a major milestone in Nigeria’s long-awaited port modernisation programme. Managing Director of the Nigerian Ports Authority, Dr. Abubakar Dantsoho, disclosed this during…
By Seun Ibiyemi The Central Bank of Nigeria (CBN) recovered a record N19.12 billion and $329.3 million for bank customers in 2025 through the resolution of consumer complaints, while imposing N1.69 billion in sanctions on financial institutions for regulatory and consumer protection violations. The figures were contained in the apex bank’s 2025 Annual Report, which…
Senator representing Zamfara West, Abdulaziz Abubakar Yari, has denied any involvement in the recent seizure of gold bars by the Economic and Financial Crimes Commission at the Mallam Aminu Kano International Airport, describing reports linking him to the incident as false, malicious and politically motivated. In a statement issued by his Chief of Staff, Hon….
By Seun Ibiyemi Nigeria’s outstanding debt securities increased by 14.47 per cent to N175.46 trillion in 2025 as the Federal Government intensified borrowing to finance budget deficits, according to the latest Annual Report released by the Central Bank of Nigeria. The report showed that total debt securities rose by N22.13 trillion from N153.28 trillion recorded…
By Seun Ibiyemi Wema Bank Plc recorded a 50.1 per cent increase in profit after tax (PAT) to N131.4 billion in the first half of 2026, driven by strong growth in interest income and an expanding loan portfolio, despite the expected impact of its enlarged share capital following recapitalisation. The bank’s unaudited financial results for…
Tension escalated in Osun State on Wednesday, barely hours before the governorship election, following the arrest of the Secretary to the State Government (SSG), Teslim Igbalaiye, and five others by the state police command over alleged electoral offences. The arrests have sparked a war of words between the police and the administration of Governor Ademola…
Former Vice President and African Democratic Congress (ADC) presidential candidate, Atiku Abubakar, has urged President Bola Ahmed Tinubu to abandon political rhetoric and focus on addressing Nigeria’s worsening economic and security challenges, saying the country’s pressing problems deserve greater attention than political battles. Atiku’s remarks followed President Tinubu’s declaration on Tuesday that he was prepared…
… Court warrant needed to produce Adeyemi, Police tell Reps ….House probe is mere grandstanding, let ICPC work – CACOL By Seun Ibiyemi The Head of the Civil Service of the Federation (HoSF), Didi Esther Walson-Jack, has accepted responsibility for an administrative lapse that led her office to approve an authorised establishment and recruitment waiver…
