The Securities and Exchange Commission (SEC) says the country’s non-interest capital market is valued at N1.6 trillion. Dr Emomotimi Agama, the Director-General of SEC, said this in Abuja on Tuesday at a pre-news conference in preparation for the 7th African International Conference on Islamic Finance (AICIF) scheduled between Nov. 4 and Nov. 5. Agama said […]
The Federal High Court in Abuja on Wednesday adjourned the trial of the leader of the Indigenous People of Biafra, Nnamdi Kanu, to October 16, for the presentation of his medical examination report by the Nigerian Medical Association. The trial judge, Justice James Omotosho, adjourned the matter due to the NMA’s inability to conclude its […]
Sudanese militia leader Ali Muhammad Ali Abd-Al-Rahman, known as Ali Kushayb, has been found guilty by the International Criminal Court (ICC) of war crimes and crimes against humanity for atrocities committed in Darfur over 20 years ago. Ali Kushayb was one of the leaders of the Janjaweed, a government-backed group that terrorised Darfur, killing hundreds […]
October marks the eighth year since the armed insurgency in the country’s northern Cabo Delgado province, with attacks occurring on a “near-daily basis” as terrorism continues to pose a serious threat to local communities. Despite responding almost exclusively with a military approach, deploying state forces, private military companies, and foreign troops to Cabo Delgado, the […]
The Anambra State governor, Prof. Chukwuma Soludo, has lauded the invaluable contributions of teachers to society, emphasising their critical role in shaping the future of education in Anambra State. According to a press statement released by the governor’s Press Secretary, Christian Aburime, on Wednesday, the governor urged appreciation for teachers worldwide, highlighting particularly the efforts […]
President Bola Tinubu has formally accepted Professor Mahmood Yakubu’s departure as Chairman of the Independent National Electoral Commission following the expiration of his second and final tenure. Following the development, the President is set to name Yakubu’s successor after the Council of State meeting in Abuja on Thursday, after presenting the list of nominees for […]
Minister of Innovation, Science and Technology, Uche Nnaji, has resigned following controversy over his academic qualifications. Presidential spokesperson Bayo Onanuga confirmed the resignation in a statement saying that President Bola Tinubu had accepted it and wished Nnaji well. The move came after an investigation revealed that the University of Nigeria, Nsukka (UNN), disowned the Bachelor […]
Prof. Mahmood Yakubu, former Chairman of the Independent National Electoral Commission (INEC), has revealed that his decision to step down from office was to allow the smooth appointment and transition to a new chairman. Yakubu, who announced his exit during a consultative meeting with Resident Electoral Commissioners (RECs) at the INEC headquarters in Abuja on […]
Home Affairs Minister Leon Schreiber has announced an 18-month extension to the Zimbabwean Exemption Permits (ZEPs), extending their validity to 28 May 2027. The ZEP was first introduced in 2017 and was designed to regularize the status of Zimbabwean nationals residing in South Africa under the previous Zimbabwean Dispensation Permit. In December 2021, the Department […]
Bola Tinubu, Nigeria’s president, has asked the House of Representatives to approve fresh external borrowing of $2.347 billion and the issuance of a $500 million debut sovereign Sukuk in the international capital market. The request which was read on the floor of the House on Tuesday by Speaker Abbas Tajudeen, is aimed at funding part […]
Vice President Kashim Shettima has urged Nigerians to respect and protect the multibillion-dollar investment of Africa’s richest man, Aliko Dangote, warning that safeguarding such ventures is crucial to securing the country’s economic future. Speaking on Monday at the opening of the 2025 Nigerian Economic Summit in Abuja, Shettima described Dangote as an institution and a […]
Some retired senior military officers have backed the call by a former Chief of Defence Staff, General Lucky Irabor (retd), for the declaration of a state of emergency to effectively address the Boko Haram insurgency. In his new book, ‘Scars: Nigeria’s Journey and the Boko Haram Conundrum,’ Irabor argued that the absence of political will […]