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Ghana has taken its firmest step yet toward reshaping the presidency, after the government endorsed a proposal to lengthen the president’s term from four to five years and open the ballot to younger contenders. The decision, announced in Accra on Thursday, sets in motion a long constitutional process that will ultimately be settled not…
The long running question of where Nigeria’s fuel subsidy savings have gone hardened into an open dispute on Thursday, as the Federal Government gave its most detailed account yet of how the money was spent and organised labour dismissed the explanation as unverifiable. Speaking at the 7th Africa Emerging Markets Forum in Abuja,…
Director-General of the World Trade Organisation, Ngozi Okonjo-Iweala, has credited a deliberate public communication strategy for helping Nigeria secure the landmark Paris Club debt relief that cleared roughly 30 billion dollars in obligations during the administration of former President Olusegun Obasanjo. Okonjo-Iweala made the remarks on Wednesday in Abuja at the public presentation of…
Fresh disclosures that the Federal Government breached its 2024 borrowing ceiling by N4.79 trillion have handed the opposition new ammunition, with former Vice President Atiku Abubakar declaring that the Tinubu administration has “completely lost control of the nation’s finances.” The presidential candidate of the African Democratic Congress spoke on Wednesday through his Senior Special…
President Bola Tinubu has thrown a direct challenge at his rivals ahead of the 2027 general election, declaring that anyone hoping to unseat him must be ready to contest the presidency to the very end, even as he insisted the electoral umpire remains impartial. Speaking on Tuesday at the State House in Abuja during…
The detained leader of the Indigenous People of Biafra (IPOB), Nnamdi Kanu, has formally stripped his longtime lawyer, Ifeanyi Ejiofor, of the authority to represent him, his family or the separatist group, even as the lawyer maintains that he voluntarily stepped down as Kanu’s personal counsel more than two years ago. The dispute followed…
Public frustration over a biting cash squeeze and fuel scarcity, rather than any durable political followership, delivered Peter Obi his surprise gains in the 2023 presidential election, Senator Adams Oshiomhole has argued, insisting the former Anambra governor poses no serious threat to the ruling All Progressives Congress ahead of 2027. The Edo North senator…
Nigerian motorists and commuters are facing a severe cost-of-living squeeze as retail petrol prices climbed to fourteen hundred naira per litre across major cities. The surge follows a sharp rally in global benchmark crude prices driven by escalating conflict in the Middle East. Rising international oil prices forced domestic refiners and private importers to hike…
Three weeks before Osun State votes for a governor, a claim by former Governor Rauf Aregbesola that he completed eight years in office without owning a house of his own has pushed the question of personal probity to the centre of an already crowded campaign, and revived scrutiny of an administration whose fiscal record remains…
The International Monetary Fund has urged African governments to overhaul statistical gathering and boost productivity. IMF directors warned that poor data transparency damages investor confidence and delays essential structural reforms. The fund highlighted Nigeria alongside regional peers as needing immediate improvements in national economic reporting. Accurate economic indicators remain vital for managing public debt and…
