The National Coordinator of the Obidient Movement, Yunusa Tanko, has released former Anambra State Governor Peter Obi’s 2014 handover report, showing a net financial balance of N86.67 billion at the end of his administration. Tanko shared the document on X on Wednesday amid the ongoing controversy over loans, inherited debts and other financial obligations attributed …
The Anambra State Government has disputed former Governor Peter Obi’s claim that he left office in 2014 without outstanding debts or financial liabilities, releasing details of loans it said were obtained or inherited during his administration. The government also challenged Obi’s claim that he left ₦2.13 billion in an ecological fund account for his successor, …
The Federal Government has raised about ₦1.23 trillion through two series of bond issuances under the Power Sector Debt Reduction Programme in an effort to settle verified legacy obligations owed to electricity generation companies (GenCos) and strengthen liquidity across Nigeria’s electricity market. The latest Series II issuance of ₦728.979 billion, completed recently, followed the ₦501.021 …
Presidential candidate of the Nigeria Democratic Congress (NDC), Peter Obi, has challenged other contenders for the 2027 presidency to make their academic records available for lawful public scrutiny. Obi said candidates seeking the trust of Nigerians should be prepared to subject their educational qualifications and records to the level of scrutiny expected of those seeking …
Former Ekiti State Governor, Ayodele Fayose, has stated that President Bola Tinubu will defeat former Vice-President Atiku Abubakar and former Anambra State Governor Peter Obi in the 2027 presidential election, even if the two opposition figures unite. Fayose made the claim during an interview on Channels Television’s Politics Today on Tuesday. The former governor also projected …
Veteran Nigerian actor, Oludotun Baiyewun Jacobs, popularly known as Olu Jacobs, has died at the age of 84. Jacobs’ death was announced by his family in the early hours of Wednesday, September 16, 2026. His son, Olusoji Jacobs, announced the death in a post on Instagram, describing his father as a beloved husband, father, grandfather …
Former Anambra State Governor and presidential candidate of the Nigeria Democratic Congress (NDC), Peter Obi, has denied claims by the Anambra State Government that his administration left behind inherited debts, including a ₦2 billion ecological loan, unpaid salaries, gratuities, pensions and contractor liabilities. Obi, in a statement on Tuesday, described the allegations as “completely false,” …
The Dangote Petroleum Refinery and Petrochemicals Free Zone Enterprise on Monday, September 14, opened its initial public offering (IPO) to prospective investors. The IPO is expected to be one of the biggest public offers on the Nigerian Exchange Limited (NGX). It is offering 4.1 billion new ordinary shares at ₦525 each, and could raise about …
Nigeria’s inflation rate may be slowing, but the latest figures show that households and businesses in the country’s major commercial centres are facing very different levels of price pressure. While Lagos records the highest yearly inflation, Rivers posts the fastest monthly price increase, and Kano shows the lowest yearly rate among the three despite a …
Nigeria’s headline inflation rate fell marginally to 15.39 per cent in August 2026 from 15.43 per cent in July, as slower increases in food and other consumer prices continued to ease pressure on households. The latest National Bureau of Statistics (NBS) released on Tuesday shows that the rate also dropped sharply from 23.14 per cent …
