The Alake and Paramount Ruler of Egbaland, Oba Adedotun Gbadebo, has called on Nigerian youths to take advantage of agriculture as a means to tackle food insecurity and unemployment in the country. Speaking ahead of the 2025 Lisabi Festival at his Ake Palace in Abeokuta, Ogun State, the revered monarch highlighted the alarming rate of
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has reaffirmed the apex bank’s commitment to stabilizing the foreign exchange market, vowing to eliminate bad actors whose activities contribute to the volatility of the naira. This comes as the naira depreciated slightly at the official foreign exchange market on Tuesday, closing at N1,532.39/$,
The Independent National Electoral Commission (INEC) has confirmed receiving a petition seeking the recall of the Senator representing Kogi Central Senatorial District. However, while the petition has garnered significant attention, it faces a key compliance hurdle. In a statement issued on Tuesday, March 25, 2025, INEC disclosed that the petition was reviewed during its routine
The Oyo State Sharia Panel has commenced sittings in Oyo town, sparking controversy and opposition from Christian groups and Governor Seyi Makinde’s administration. The panel, established by the Supreme Council for Shari’ah in Nigeria, Oyo chapter, aims to adjudicate disputes among Muslims in the South-West region. Governor Makinde has vowed to challenge the legality of
The crisis within the Labour Party (LP) intensified on Monday as the Nigeria Labour Congress (NLC) formally petitioned the Attorney General of the Federation and Minister of Justice, Lateef Fagbemi, demanding the prosecution of LP National Chairman, Julius Abure, and three other party officials over allegations of forgery and criminal conspiracy. The petition also named
Liquidity in Nigeria’s money market experienced a substantial 62.3 percent surge last week, reaching N2.2 trillion, according to a recent report by Afrinvest. The increase was largely driven by enhanced access to funds by banks, which recorded a significant 76.4 percent week-on-week growth. Despite the influx of liquidity, the open repo rate remained unchanged at
In just a few weeks, the Economic Community of West African States (ECOWAS) will celebrate its 50th anniversary, marking five decades since its establishment through the historic Treaty of Lagos on May 28, 1975. The regional bloc, founded with the vision of fostering economic integration and collective self-sufficiency, has faced significant milestones and setbacks over
The Independent National Electoral Commission (INEC) has confirmed the receipt of a petition seeking the recall of Senator Natasha Akpoti-Uduaghan from her position as Senator of the Federal Republic of Nigeria. Rose Oriaran-Anthony, the Secretary to the Commission, acknowledged the petition on Monday, confirming that it was submitted by constituents who claim to have met
Rivers United Football Club, based in Port Harcourt, Rivers State, has emerged as one of Nigeria’s most formidable football teams since its inception in 2016. Formed through the merger of two historic clubs, Sharks FC and Dolphins FC, Rivers United has quickly established itself as a dominant force in the Nigerian Professional Football League (NPFL)
The Aliko Dangote Foundation has donated 30,000 bags of 50kg rice to support vulnerable residents in Niger State, as part of its ongoing efforts to alleviate hunger and poverty in Nigeria. Speaking during the distribution event in Minna on Saturday, Ahmed Hashim, Group Managing Director of Dangote Group, reaffirmed the foundation’s commitment to complementing government
