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The Publicity Secretary of the African Democratic Congress (ADC) in Gombe State, Abdulrahman Buba Zaune, has resigned from the party and is expected to join the All Progressives Congress (APC). Zaune announced his resignation in a letter dated August 5, 2026, addressed to the ADC Ward Chairman in Zaune Ward, Dukku Local Government Area. He …

Former Chairperson of the Transition Monitoring Group (TMG), Abiola Akiyode-Afolabi, has expressed concern over increasing political tension ahead of the August 15 governorship election in Osun State, warning that the situation could threaten the credibility of the poll and weaken public confidence in Nigeria's democracy. The human rights lawyer and Associate Professor of Law urged …

The Nigerian stock market’s 228 per cent surge since 2023 has placed the Nigerian Exchange Limited (NGX) among the world’s strongest-performing equity markets. However, the Alliance for Economic Research and Ethics has warned that the rally comes with significant valuation and liquidity risks. In its assessment of the market, the Alliance noted that the NGX …

Nigerian stock market trading

The Osun State Government has filed a suit against the Economic and Financial Crimes Commission (EFCC) over the freezing of its statutory allocation account, asking the Federal High Court in Abuja to declare the action unlawful and award N2 billion in exemplary damages. The suit, marked FHC/ABJ/CS/1762/2026, was filed on August 5 by Governor Ademola …

Financial Services Innovators (FSI), in partnership with Mentors Without Borders (MWB), has expanded its one-year Tech Mentorship Programme to Aliko Dangote University of Science and Technology (ADUSTECH), Wudil, Kano State. The initiative is designed to equip university students with practical technology skills, industry knowledge and professional mentorship to improve their employability and career prospects in …

The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has uncovered two additional fake government agencies linked to the alleged Presidential Foreign Investment Promotion Council (PFIPC) scandal and recommended the prosecution of its promoter, Adeniyi Adeyemi. ICPC Chairman, Musa Aliyu (SAN), disclosed this on Thursday while briefing State House correspondents after presenting an interim …

Nigeria recorded one of Africa's strongest rebounds in foreign direct investment (FDI) in 2025, according to a new report by the Bashir Adeniyi Centre for International Trade and Investment (BACITI). However, the country's recovery remains heavily dependent on large oil and gas transactions rather than investments capable of creating broad-based jobs, manufacturing capacity and export …

Concerns As Nigeria Continues To Record Low FDI

President Bola Tinubu has directed the Economic and Financial Crimes Commission (EFCC) to immediately vacate the court order freezing a bank account of the Osun State Government, describing the timing of the action as embarrassing and capable of undermining confidence in the country's democratic process. The directive follows the EFCC's decision to obtain a court …

Nigerian President Bola Tinubu

The Lagos State Environmental Protection Agency (LASEPA) has sealed 12 business premises across the Ijora Causeway and Apapa areas for persistent violations of environmental regulations, despite repeated warnings, abatement notices and several opportunities to comply with the agency's directives. The enforcement exercise, carried out on Wednesday, August 5, 2026, forms part of the state's renewed …

Afrobeat singer David Adeleke, popularly known as Davido, has appealed to residents of Osun State to maintain peace and shun violence ahead of the forthcoming governorship election. Speaking during a youth campaign mobilisation event for Governor Ademola Adeleke, his uncle who is contesting under the Accord Party, Davido urged eligible voters to participate peacefully in …

Davido Leads Youth Campaign for Adeleke’s Re-election Bid

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