Obafemi Fawibe

More Firms Dump National Grid as Power Crisis Worsens

More Firms Dump National Grid as Power Crisis Worsens

LAGOS — Nigeria’s embattled power sector faces a terminal liquidity threat as industrial giants increasingly abandon the national grid for self-generation. Between January and September 2025, no fewer than 20 major firms officially exited the centralized network, opting to install 1,045 megawatts (MW) of private “captive” power. This mass migration follows a pattern of chronic…

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Australian Author Decries Airport “Shakedowns” in Viral Nigeria Travelogue

LAGOS — Australian writer Mark Pollard has sparked an intense digital firestorm after alleging that security operatives subjected him to a relentless “shakedown” during a recent visit to Nigeria. In a video statement that trended across social media platforms on Thursday, February 12, 2026, the author recounted being solicited for cash at least ten times…

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McKinsey: Nigeria, 35 African Nations Face Economic Crisis

McKinsey: Nigeria, 35 African Nations Face Economic Crisis

ABUJA — Nigeria and 35 other African nations are hurtling toward a systemic fiscal crunch that threatens to paralyze development across the continent. A landmark report by McKinsey, released on Friday, February 13, 2026, reveals a widening chasm between Africa’s revenue and its ballooning expenditure. Titled “From Borrowing to Building: A New Fiscal Path for…

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VP Shettima Arrives Addis Ababa; Nigeria Clinches AU Central Bank Hosting Rights.

VP Shettima Arrives Addis Ababa; Nigeria Clinches AU Central Bank Hosting Rights

ADDIS ABABA — Vice President Kashim Shettima arrived in the Ethiopian capital on Thursday to represent President Bola Ahmed Tinubu at the 39th Ordinary Session of the African Union (AU) Assembly. This high-level mission marks a significant diplomatic victory for Nigeria as the continent’s economic powerhouse. Specifically, Foreign Affairs Minister Yusuf Tuggar confirmed that the…

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Ukraine Identifies Two Nigerians Killed Fighting for Russian Forces.

KYIV — The Ukrainian government has officially identified two Nigerian nationals as casualties in the ongoing conflict in Eastern Europe. Military intelligence reports confirm that Hamzat Kolawole and Mbah Udoka died while attempting to storm Ukrainian positions in the Luhansk region. The two men reportedly signed military contracts with the Russian Federation in late 2025…

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 Winter Olympics 2026: IOC expels Ukrainian skeleton racer over “Memory Helmet”

CORTINA D’AMPEZZO — The International Olympic Committee (IOC) has summarily disqualified Ukrainian skeleton pioneer Vladyslav Heraskevych from the 2026 Winter Games. This drastic measure followed the athlete’s steadfast refusal to remove a helmet honoring compatriots killed in the ongoing Russian invasion. In a high-stakes confrontation on Thursday morning, IOC President Kirsty Coventry personally met with…

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Alleged N8.7b Fraud: Justice Egwuatu Steps Down from Malami’s Trial.

Alleged N8.7b Fraud: Justice Egwuatu Steps Down from Malami’s Trial

ABUJA — The high-profile money laundering and asset forfeiture cases involving former Attorney General of the Federation, Abubakar Malami (SAN), hit a significant procedural bottleneck today. Justice Obiora Egwuatu of the Federal High Court in Abuja has formally recused himself from the proceedings, without citing reasons for his withdrawal. This development comes barely a week…

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 Electricity Workers Issue 21-Day Strike Notice to FG

ABUJA — The National Union of Electricity Employees (NUEE) has officially served the Federal Government a 21-day ultimatum to address deteriorating labor conditions or face a nationwide blackout. In a stinging petition addressed to the Minister of Power, Adebayo Adelabu, the union cited widespread “anti-labour practices” across the Nigerian Electricity Supply Industry (NESI). Acting General…

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