Oba Abimbola Akeem Owoade, the newly crowned 46th Alaafin of Oyo, has shared his experience of receiving news of his selection while residing in Canada. The monarch revealed that he was abroad when the announcement was made, marking a significant moment in his life and the history of the Oyo Kingdom. Oba Owoade, who had
As Nigeria grapples with persistent economic challenges, citizens across the country are expressing frustration over the toll these issues are taking on their daily lives. Rising inflation, high unemployment rates, and the removal of petrol subsidies have compounded financial hardships, leaving many struggling to make ends meet. For many Nigerians, the skyrocketing cost of living
The Central Bank of Nigeria (CBN) has attributed the decline in the country’s foreign exchange reserves by $2.57 billion in the first quarter of 2025 to the financial strain of servicing foreign debts. This decrease represents a 6.29% drop from January to March 2025, with reserves falling from $40.88 billion to $38.31 billion over the
The call to shut down the Department of State Services (DSS) is a contentious issue that has been raised in the context of Nigeria’s ongoing security challenges and perceived inefficiencies within the country’s security apparatus. The argument for dismantling the DSS stems from criticisms of its effectiveness and the broader security architecture in Nigeria. Reasons
The Nigerian Diaspora Network UK organized an ambitious investment summit yesterday at the prestigious Royal Institute of International Affairs in London, bringing together business leaders, government officials, and diaspora professionals determined to reshape Nigeria’s economic landscape.The high-profile gathering, themed “Bridging Worlds: Diaspora Investment as Catalyst for Nigerian Economic Renaissance,” attracted over 300 participants, including potential
Retired employees of the Nigerian Airspace Management Agency (NAMA) are intensifying their demands for unpaid pension increments, which have remained unfulfilled since 2007. Despite multiple directives from regulatory bodies, including the Pension Commission (PENCOM), NAMA has failed to implement the required adjustments, leaving many retirees in severe financial distress. The pensioners, who played critical roles
The Scottish Premiership witnessed an exciting turn of events today as Hibernian took a surprising lead against Rangers at Ibrox Stadium. Meanwhile, Aberdeen, Dundee, and Kilmarnock all found themselves ahead in their respective fixtures, adding further intrigue to the league standings. Hibernian’s performance against Rangers has been a highlight of the day, with the Edinburgh
In a dramatic turn of events, the U.S. stock market has experienced its worst week since the COVID-19 pandemic, with all three major indexes—Dow Jones, S&P 500, and Nasdaq—plummeting over 5% on Friday alone. This downturn follows President Donald Trump’s announcement of sweeping tariffs, including a 10% charge on goods from the UK and other
The Minister of Works, Dave Umahi, has revealed that Closed-Circuit Television (CCTV) cameras have been installed on the Third Mainland Bridge in Lagos, as part of a larger initiative aimed at enhancing safety and security. Umahi, speaking on Channels Television’s Politics Today program on Friday, emphasized that the new surveillance system is designed not only
The Oyo Forum in Abuja has extended heartfelt congratulations to Oba Akeem Owoade I following his coronation as the 46th Alaafin of Oyo on Saturday. In a statement issued on Friday, the forum, led by Chairman M. Owolabi, expressed its warmest regards to the newly crowned monarch, wishing him a long, prosperous, and successful reign.
