The World Bank has reported that more than one in four developing economies, particularly low-income countries and those affected by fragility or conflict, still have per capita incomes below pre-pandemic levels, highlighting persistent inequalities in the global economic recovery. According to the World Bank’s January Global Economic Prospects report, while nearly 90 per cent of […]
The Presidency has dismissed claims circulating online suggesting that beneficiaries of the Nigeria Education Loan Fund (NELFUND) have begun repaying their student loans, clarifying that repayment is not yet due under the scheme’s guidelines. Olusegun Dada, Special Assistant to President Bola Tinubu on Social Media, addressed the issue in a statement posted on his official […]
US State, Georgia Grants Nnamdi Kanu Honorary Citizenship U.S. State of Georgia has granted honorary citizenship to Mazi Nnamdi Kanu, the incarcerated leader of the Indigenous People of Biafra (IPOB). Announced on January 23, 2026, the honor was formalized through a proclamation signed by Secretary of State Brad Raffensperger. This development draws fresh […]
Senegal PM to visit Morocco After Football Unrest Senegal’s Prime Minister, Ousmane Sonko, is scheduled to begin an official visit to Morocco on Monday. This trip comes in the wake of significant football-related unrest during the recent Africa Cup of Nations (AFCON) final held in Rabat. The diplomatic mission follows the detention […]
Police Arrest 14 Suspected Cultists in Ogun The Ogun State Police Command has arrested 14 suspects around the Ipara, Ode, and Isara-Remo areas of the state. The arrests were made during a covert operation on Saturday, January 24, 2026, targeting individuals involved in unlawful assembly and suspected cult initiation. The police acted […]
By Bamidele Atoyebi Much of the public conversation around President Bola Ahmed Tinubu’s administration has focused on the reforms and projects with immediate national visibility. From the student loan scheme under NELFUND to the renewed emphasis on Technical and Vocational Education and Training (TVET), from tax reforms to large-scale coastal highways, the narrative has largely […]
Naira FX Turnover Skyrockets 262% in One Year under CBN’s EFEMS Nigeria’s foreign exchange market experienced a dramatic recovery in the first half of 2025, with turnover surging 262.4% to $52.47 billion, up from $14.48 billion in the previous half-year. The Central Bank of Nigeria (CBN) attributed this massive growth to the […]
Rivers Political Crisis Hurting Economy, Says Dagogo-Jack Bekinbo Dagogo-Jack, a former Chairman of the Presidential Task Force on Power, has warned that the protracted political crisis in Rivers State is causing severe economic damage. He noted that the ongoing friction between political factions is stalling development and eroding the state’s investment climate. […]
UNILORIN Expels 6 Students Over Misconduct, Exam Malpractice The University of Ilorin (UNILORIN) has officially announced the expulsion of six students following the conclusion of the Students’ Disciplinary Committee (SDC) at its 227th sitting. This decisive action, sanctioned by the university management, comes as a result of proven cases of gross misconduct and […]
