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Nigeria’s commercial banking sector generated combined gross earnings of N18.2tn in the 2025 financial year, a figure that underscores the industry’s enduring revenue strength even as profitability weakened considerably across several major institutions. Audited financial statements from leading banks reveal a sector navigating a delicate tension between impressive top line growth and shrinking bottom…
The Senate confirmed Olasunkanmi Tegbe as Power Minister on Wednesday, handing him the most poisoned chalice in the cabinet. Lawmakers demanded an immediate end to the national grid collapses that have made a mockery of Nigeria’s industrial goals. The grid has failed so often that it is now a predictable feature of national life rather…
Afrobeats superstar Davido, whose full name is David Adeleke, has moved beyond passive support to become an active participant in the governorship re-election campaign of Osun State Governor Ademola Adeleke, signalling a deepening intersection between celebrity influence and electoral politics ahead of the August ballot. In posts shared across his social media pages, the…
Professor Joash Amupitan, chairman of the Independent National Electoral Commission (INEC), warns that rising violence across the country could derail the 2027 general elections. He took this message to the Inspector-General of Police, Tunji Disu, on Wednesday. The chairman fears that insecurity will crush public trust in the democratic process. It is a blunt admission…
A Federal High Court in Kaduna has authorised former Kaduna State governor Nasir El-Rufai to receive dental and eye treatment outside custodial facilities, even as a separate application seeking easier bail conditions awaits the court’s decision. Justice Rilwan Aikawa, who presided over proceedings on Wednesday, granted the medical access request following an application by…
Senator David Mark, the National Chairman of the African Democratic Congress, has openly acknowledged that the departure of former Labour Party presidential candidate Peter Obi and former Kano State governor Rabiu Musa Kwankwaso from the party carries political weight, while maintaining that it does not threaten the party’s long-term survival. Mark made the…
Nigeria’s primary consumer and food regulators signed a pact on Wednesday to end the jurisdictional friction that allows rogue traders to thrive. Tunji Bello of the Federal Competition and Consumer Protection Commission (FCCPC) and Mojisola Adeyeye of the National Agency for Food and Drug Administration and Control (NAFDAC) formalised this tie-up in Abuja. The deal…
The resignation of Chris Nwosu as Anambra State chairman of the African Democratic Congress has deepened concerns about the party’s stability, coming barely weeks after former presidential candidate Peter Obi departed from the ADC and triggering what analysts describe as a ripple effect across party structures in the South-East. Nwosu, who had only recently…
Weeks after being declared the winner of a high-profile celebrity boxing contest against street-hop artiste Portable, popular online comedian Carter Efe says he is yet to receive his ₦50 million prize money — and his patience, by his own account, is wearing thin. In a video circulated across social media platforms, Carter Efe publicly…
 The African Democratic Congress (ADC) has dismissed the federal government’s celebration of a 22 per cent rise in dollar GDP as a whitewash. While official data suggests the economy hit $307bn in 2025, the opposition party argues these figures offer no relief to a hungry population. National Publicity Secretary Bolaji Abdullahi noted that “people do…
