A new report by Oxfam has revealed a sharp rise in wealth inequality across Africa, showing that four of the continent’s richest individuals now control more wealth than half of Africa’s population combined, even as millions struggle with worsening poverty and rising living costs. The report, launched at the World Economic Forum in Davos, Switzerland, […]
The House of Representatives on Thursday passed the 2026 Appropriation Bill for second reading, with the measure advancing without debate during plenary. The session, presided over by Speaker Abbas Tajudeen, saw no contributions from lawmakers on the general principles of the bill, despite the scale of the proposed expenditure. The budget, tagged “Budget of Consolidation, […]
Televangelist and Mountain of Liberation and Miracle Ministry founder, Dr Chris Okafor, has called for stricter regulation of Nigeria’s online space, citing sustained cyberbullying and what he described as coordinated smear campaigns against his person. Okafor made the appeal on Thursday at a media briefing in Lagos, where he criticised bloggers and online influencers for […]
Tinubu Honors Late Premier, Akintola’s Legacy of Boldness, Nation-Building President Bola Tinubu has lauded the late Premier of the old Western Region, Chief Samuel Ladoke Akintola, describing him as a brave and significant leader. Represented by the Minister of Power, Adebayo Adelabu, during a 60th memorial service in Ibadan, the President remarked that […]
Ondo State Governor, Lucky Aiyedatiwa, has said the proposed deep seaport in Ilaje Local Government Area will be completed before the expiration of his administration. The governor disclosed that the project, initially approved under the administration of former President Muhammadu Buhari, has recently received licence revalidation from the Federal Government, clearing the way for execution. […]
President Bola Tinubu has sent a message of condolence to Super Eagles winger Samuel Chukwueze following the death of his mother, Mrs. Sarah Chukwueze. The message, issued on Thursday through the President’s Special Adviser on Information and Strategy, Bayo Onanuga, conveyed sympathy to the bereaved family and close associates of the deceased, who passed away […]
FG to Build ₦1 Trillion Metropolitan Rail Service in Kano The Federal Government has approved a ₦1 trillion Metropolitan Rail Service for Kano State. This major project aims to modernize urban transport, boost economic growth, and significantly reduce traffic congestion across the city. Governor Abba Kabir Yusuf announced the project while […]
Moniepoint Tops Nigeria’s Retail Sector with N412 Trillion in Transactions Moniepoint, a leading Nigerian fintech, reported processing a massive N412 trillion in transaction value throughout 2025. This milestone underscores the platform’s dominant position in the retail payment ecosystem, where it now powers approximately 80 percent of all in-person payments nationwide. The company […]
Markets to Reopen as Anambra Traders Agree on Ending Monday Sit-at-Home Business owners at the Onitsha Main Market and other commercial hubs across Anambra have formally committed to ending the weekly Monday sit-at-home exercise. This resolution followed a high-level meeting with Governor Chukwuma Soludo on Thursday to address the economic stagnation in […]
Infrastructure Reforms Push Nigeria’s Daily Crude Output to 2.2 Million Barrels Nigeria’s petroleum sector has recorded a landmark achievement as crude oil production reached 2.2 million barrels per day (bpd) this week. This surge represents a significant leap from the 2025 peak of 1.8 million bpd, signaling a robust recovery for Africa’s […]
