By Esther Ososanya Global equities gained on Monday as traders positioned for a pivotal U.S. inflation report. The data could sway the dollar, Treasury yields, and interest rate bets. MSCI’s world share index rose close to its late-July record, driven by strong U.S. earnings and a 0.3% lift in Europe’s STOXX 600. Economic and Geopolitical …
By Rafiyat Sadiq Former Lagos State Governor Akinwunmi Ambode has pledged his support for the re-election of President Bola Tinubu in the 2027 general elections, dismissing reports that he plans to defect from the All Progressives Congress (APC) to the African Democratic Congress (ADC). In a statement posted on his X handle on Sunday, Ambode …
By Esther Ososanya The Osun State Government has demolished 30 buildings erected on waterways as part of measures to avert flooding in the state. Commissioner for Environment and Sanitation, Mayowa Adejoorin, confirmed the exercise on Sunday, saying the targeted structures were in swampy areas and along riverbanks flagged by the Nigerian Meteorological Agency (NiMET) as …
By Esther Ososanya Minister of the Federal Capital Territory (FCT), Nyesom Wike, has directed officials to produce the list of ground rent defaulters for immediate enforcement action, warning that the grace period granted earlier in the year has long expired. Speaking in Abuja during the inauguration of a committee on the abuse of the Land …
By Esther Ososanya The Federal Capital Territory is witnessing a growing backlash over the rising number of posters and billboards bearing the image of FCT Minister Nyesom Wike. The displays, many of them positioned on pedestrian bridges, highway medians, roundabouts, and government buildings, have sparked sharp criticism from residents, who describe them as a “needless …
By Esther Ososanya The Minister of the Federal Capital Territory (FCT), Nyesom Wike, on Friday inaugurated two committees to tackle land-related issues, including disputes at River Park Estate and the widespread abuse of the Land Use Act in Abuja. Speaking at the inauguration ceremony, Wike described the assignments as “very important” in streamlining the activities …
By Esther Ososanya NDLEA operatives have captured Prophet Adefolusho Aanu Olasele, also known as Abbas Ajakaiye, the founder and General Overseer of The Turn of Mercy Church. The preacher allegedly ran several cannabis shipments from Ghana into Nigeria. According to NDLEA’s Director of Media and Advocacy, Femi Babafemi, the arrest took place on Sunday, August …
By Esther Ososanya The Nigeria Sovereign Investment Authority (NSIA) has formally handed over the management of the Presidential Fertiliser Initiative (PFI) to the Ministry of Finance Incorporated (MOFI), capping nearly a decade of what industry watchers describe as one of the country’s most transformative farm input programmes. Launched in 2016 to fix chronic inefficiencies in …
By Esther Ososanya The Trump administration has urged multiple countries to oppose any global treaty that limits plastic production. This position puts the U.S. directly at odds with more than 100 countries pushing for ambitious action against plastic pollution. In a communication dated July 25, U.S. officials stated they would not support production caps, bans …
By Esther Ososanya Group urges FG to act like Senegal, Kenya, South Africa as tobacco-related deaths, youth addiction rise Nigeria is losing over ₦526 billion annually to the treatment of tobacco-related diseases and productivity losses, even as 30,000 citizens die every year due to smoking and tobacco use, according to data presented by the …
