Osun: APC, Oyebamiji faults Adeleke over ‘incompetence, economic uncertainty’

….As five lawmakers dump PDP for APC By Adeyemi David The governorship candidate of the All Progressives Congress (APC) in Osun State, Munirudeen Bola Oyebamiji, has criticised the administration of Governor Ademola Adeleke, accusing it of incompetence and steering the state toward economic uncertainty. Oyebamiji made the remarks while receiving five federal lawmakers who defected…

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NUPRC, NIMASA pledge collaboration to boost Nigeria’s investment climate

By Adeyemi David The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) and the Nigerian Maritime Administration and Safety Agency (NIMASA) have reaffirmed their commitment to enhancing Nigeria’s investment climate through strengthened inter-agency collaboration. The development followed a meeting on Friday, February 13, 2026, at the corporate headquarters of NUPRC in Abuja, where the Commission’s Chief Executive,…

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States sink deeper into debt, poverty worsens, despite record FAAC windfalls

By Adeyemi David Nigeria’s state governments have witnessed unprecedented revenue growth in the past two years, driven by rising Federation Account Allocation Committee (FAAC) disbursements, fuel subsidy removal, foreign exchange reforms, and improved oil receipts. Total FAAC allocations surged from N8.21 trillion in 2022 to N15.26 trillion in 2024, and preliminary data for 2025 indicates…

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Employee fraud costs Nigerian MSMEs ₦10trn annually, threatening jobs, growth – CPPE

By Adeyemi David Employee corruption and occupational fraud are silently draining Nigeria’s Micro, Small and Medium Enterprises (MSMEs) of an estimated ₦5 to ₦10 trillion each year, threatening business sustainability, job creation, and the country’s economic growth, experts have warned. The Chief Executive Officer of the Centre for the Promotion of Private Enterprise, Dr. Muda Yusuf…

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NDIC intensifies public awareness, assures Nigerians of deposit safety

By Adeyemi David The Nigeria Deposit Insurance Corporation has stepped up efforts to deepen public understanding of deposit insurance while reaffirming that depositor funds remain protected under its regulatory framework. Managing Director of the corporation, Thompson Sunday, disclosed this at a stakeholders’ town hall meeting held on Saturday in Lagos. The meeting, themed “Strengthening Depositor…

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Over 50,000 fishermen storm Matan Fada river ahead of Tinubu’s arrival at Argungu fishing festival

More than 50,000 fishermen on Saturday surged into the historic Matan Fada River ahead of the scheduled arrival of President Bola Ahmed Tinubu at the grand finale of the 2026 Argungu International Fishing and Cultural Festival (AIFCF). The early arrival of the enthusiastic fishermen disrupted the established ceremonial protocol.  Dressed in traditional fishing attire and…

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