Vice President Kashim Shettima yesterday commissioned Nigeria’s first-ever sovereign pavilion at the World Economic Forum in Davos, describing the initiative as a clear statement of the country’s renewed seriousness, readiness and resolve to actively shape global economic conversations. The opening of the house took place as Donald Trump plans to meet global business leaders, also […]
Former OPEC president Diezani Alison-Madueke appeared in a London court on Monday, ahead of her full trial on bribery charges relating to her time as Nigeria’s oil minister. Preliminary proceedings, including technical matters and jury selection, began this week, with Alison-Madueke in attendance. Alison-Madueke, who was in office from 2010 to 2015, was the first […]
Outrage erupted in Maiduguri on Monday after the All Progressives Congress, APC, excluded the photograph of Vice-President Kashim Shettima from a banner displayed at the North-East Zonal Public Hearing on the amendment of the party’s constitution. The omission drew angry reactions from party stakeholders and delegates, prompting the Speaker of the Borno State House of […]
Former Attorney General of the Federation and Minister of Justice, Abubakar Malami (SAN), was on Monday taken into custody by security operatives shortly after his release from the Kuje Correctional Centre, Abuja. Operatives of the Department of State Services reportedly picked him up immediately after he exited the facility. The Economic and Financial Crimes Commission […]
The manslaughter case involving the driver of Anthony Joshua’s vehicle has been adjourned to 23 February. Three witnesses, including representatives from the Federal Road Safety Commission (FRSC) and TRACE, appeared in court, but the absence of a doctor necessitated the adjournment.
Kano State Governor Abba Yusuf on Monday met with President Bola Tinubu at the Aso Rock Presidential Villa, Abuja, amid heightened speculation over his planned defection to the All Progressives Congress. The governor, dressed in his signature flowing white northern babanriga and a red Kwankwasiyya cap, was spotted by our correspondent making his way to […]
Lagos State Governor, Mr Babajide Sanwo-Olu, yesterday, signed the 2026 Appropriation Bill, tagged the “Budget of Shared Prosperity”, into law, saying it would be implemented accountably by his administration. This comes 11 days after members of the Lagos House of Assembly approved the budget after increasing it by about N4.4 trillion from the N4.2 trillion […]
The International Monetary Fund (IMF) has upgraded its growth forecast for Nigeria to 4.4 per cent in 2026, citing improved macroeconomic conditions and reform momentum. The Fund disclosed this in its January 2026 World Economic Outlook (WEO) Update, titled “Global Economy: Steady amid Divergent Forces,” released yesterday. According to the IMF, Nigeria’s economy is expected […]
There are growing concerns that the proposed Securities and Exchange Commission’s (SEC) recapitalisation programme could weaken market depth, further starve the real sector of funding, strangle competition, and ultimately slow economic growth, thereby undermining the exercise’s intent. The new capital rules represent the most sweeping overhaul of Nigeria’s securities industry in a decade, replacing the […]
An Abuja Federal High Court on Monday struck out Meta Platforms Inc. and X Corporation (formerly Twitter) from the cyberstalking case instituted by the Federal Government against activist and former presidential candidate, Omoyele Sowore. The development followed the prosecution’s decision to amend the charge, effectively leaving Sowore as the sole defendant in the matter. Sowore […]
