Gov. Ademola Adeleke of Osun has approved the deposition of Oba Joseph Oloyede as the Apetumodu of Ipetumodu in Ife North Local Government Area of the state. This is contained in a statement issued on Monday in Osogbo by the governor’s spokesperson, Malam Olawale Rasheed. According to the statement, Oba Oloyede’s deposition followed his conviction…
By Seun Ibiyemi The Lagos State Government has unveiled the Omi Eko initiative, a massive €410 million water transportation project aimed at reducing traffic congestion, modernising ferry operations and transforming urban mobility across Lagos. The project, being implemented by the Lagos State Waterways Authority (LASWA), is regarded as one of the biggest investments in water…
By Seun Ibiyemi The Nigerian Economic Summit Group (NESG) has raised fresh concerns over Nigeria’s debt profile, warning that recent improvements in headline indicators do not reflect a real easing of fiscal pressure on government finances. In its Debt Burden Monitor for the fourth quarter of 2025, the policy think tank said the country remains…
By Seun Ibiyemi The Lagos State Government has said it is making significant progress in the development of road, rail and water transportation infrastructure as part of efforts to build an integrated and efficient mobility system across the state. The Commissioner for Transportation, Mr. Oluwaseun Osiyemi, disclosed this on Monday during the 2026 Ministerial Press…
By Seun Ibiyemi Fresh tension may be brewing in Nigeria’s university system as the Academic Staff Union of Universities (ASUU) has expressed dissatisfaction over the Federal Government’s delay in implementing agreed salary adjustments for university lecturers. The union accused the government of failing to honour commitments reached during previous engagements, warning that the continued delay…
By Seun Ibiyemi Justice Maryann Anineh of the Federal Capital Territory High Court, Maitama, Abuja, on Monday revoked the bail earlier granted to former Minister of Power, Saleh Mamman, and issued a bench warrant for his arrest over his failure to appear in court for his ongoing criminal trial. Mamman, alongside seven others, is being…
Fidelity Bank Plc, one of Nigeria’s leading financial institutions, has announced strong performance in its audited financial results for the year ended December 31, 2025, with significant growth across key income and balance sheet indicators. According to the report, the bank recorded a 45.6 per cent increase in gross earnings, rising from ₦1.04 trillion in…
By Seun Ibiyemi Transnational Corporation Plc (Transcorp Group), Africa’s leading listed conglomerate with investments in power, hospitality, and energy, has declared a total dividend payout of ₦20.32 billion, translating to ₦2.00 per share for its shareholders at its 20th Annual General Meeting (AGM) held in Abuja. The dividend comprises an interim dividend of ₦4.06 billion…
…As Freetown hosts 32nd WCO West, Central Africa Customs conference By Seun Ibiyemi The Comptroller-General of the Nigeria Customs Service (NCS) and Chairperson of the World Customs Organisation (WCO) Council, Adewale Adeniyi, MFR, has reaffirmed Nigeria’s commitment to regional modernisation and collective growth. Speaking at the 32nd Conference of Directors-General of Customs for the West…
…As NDC restricts 2027 presidential ticket to single four-year term …Fresh opposition realignment raises pressure on Atiku, ADC coalition By Sodiq Adelakun The political permutations ahead of the 2027 presidential election took a dramatic turn on Sunday as the Nigeria Democratic Congress (NDC) formally zoned its presidential ticket to the South, barely days after former…
