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The Federal Government has cleared more than 700 billion naira in verified debts owed to domestic contractors to inject immediate liquidity into the private sector. The massive fiscal release represents a coordinated effort by the treasury to settle long-standing obligations accumulated across various Ministries, Departments, and Agencies. Finance ministry records show that payment processing accelerated…
Nigeria’s gross external reserves have climbed to a historic 17-year high of 50.12 billion dollars, recording an extraordinary 30.9 per cent expansion year-on-year. Data from the Central Bank of Nigeria shows that the current liquid buffer has reached its highest operational peak since late 2009. This massive accretion represents a substantial increase of nearly 12…
A British-Nigerian singer and songwriter, Talay Riley, has died after being stabbed in East London, prompting police to open a murder investigation. Riley, whose real name was Mark Yinka Orabiyi, was attacked at about 9am on Friday, June 5, on Pankhurst Avenue in Silvertown, according to local outlet Newham Recorder. Metropolitan Police were called…
The head of the World Health Organisation visited Uganda this week as a deadly Ebola outbreak that crossed in from the neighbouring Democratic Republic of Congo continued to spread, with both countries now recording a sharp rise in confirmed infections and deaths. WHO Director-General Tedros Adhanom Ghebreyesus made the trip after the global health…
Ovation Magazine publisher Dele Momodu has projected the 2027 presidential election as a straight contest between President Bola Ahmed Tinubu and former Vice President Atiku Abubakar, effectively writing Labour Party’s Peter Obi out of his reckoning for the next race. Momodu made the assertion in a statement titled “Time for National Reconciliation, Re-Orientation &…
The Lagos State High Court at Osborne Foreshore on Monday adjourned until September 28, 2026, the hearing of a judicial review application challenging the Coroner’s Inquest into the death of Master Nkanu Nnamdi Adichie-Esege, the 21-month-old son of renowned author Chimamanda Adichie and Dr. Ivara Esege. Justice Aishat Opesanwo fixed the date after counsel…
The Oyo State Government on Monday demolished a three-bedroom bungalow allegedly used as a hideout by kidnappers involved in the abduction of the younger sister of former Minister of Power, Chief Bayo Adelabu, and her children. The property, located in the Lako Community along the Aiyegun-Anaye Road area of Ibadan, was pulled down by…
Dozens of anti-illegal immigration protesters marched through a township outside Johannesburg on Monday, a day after South African President Cyril Ramaphosa pledged action against groups accused of fuelling xenophobic violence. Chanting and singing as they moved through Kwa-Thema, a township about 40 kilometres southeast of Johannesburg, the demonstrators called for tougher government action…
The Nigeria Labour Congress and the Trade Union Congress are considering a joint nationwide strike to protest the worsening security situation across the country. Union executives began internal discussions following a string of high-profile mass abductions targeting schools, rural communities, and urban motorists. Organised labour leaders argue that the state’s inability to protect basic lives…
Former Labour Party vice-presidential candidate, Yusuf Datti Baba-Ahmed, has revealed that he would have persuaded Peter Obi to step aside for former Vice President Atiku Abubakar in the 2027 presidential race if Atiku had backed the Labour Party ticket during the 2023 election. Speaking on Channels Television’s Inside Sources, Baba-Ahmed argued that Atiku missed…
