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News - Page 12

Obi Accuses Tinubu Government of Fiscal Recklessness Over Overlapping Budgets

Former Anambra State Governor, Peter Obi, has accused the administration of President Tinubu of fiscal recklessness, citing what he described as Nigeria’s growing culture of overlapping budgets, poor implementation, and declining transparency in public finance management. In a statement on Monday, Obi

February 2, 2026

Anti-Govt Protest: Lawmakers plead For Patience, Accept 50% Salary Cut

News·Top Stories

House Panel Confirms Unauthorized Alterations in Nigeria’s Gazetted Tax Laws

A House of Representatives minority caucus committee has confirmed that several tax reform laws signed into law by President Tinubu were altered without legislative approval, raising serious constitutional and legal concerns, Prime Business Africa reports. Led by Hon. Afam Victor Ogene, the

January 23, 2026

News·Politics·Top Stories

Tinubu Hosts Olubadan of Ibadanland at Presidential Villa

President Tinubu on Friday received the Olubadan of Ibadanland, Oba Rashidi Adewolu Ladoja, at the Presidential Villa, Abuja. The meeting, which was held behind closed doors, marked Oba Ladoja’s first official audience with the President since his installation as the 44th Olubadan

January 23, 2026

Blackout As National Grid Collapses 1st Time In 2025, After 12 Failures In 2024

News·Power·Top Stories

National Grid Collapse Again Exposes Fragility of Nigeria’s Power Sector

Nigeria experienced a nationwide power outage on Friday after the national electricity grid suffered a system-wide collapse, plunging cities and communities across the country into darkness in what has been confirmed as the first grid failure of 2026. The disruption occurred at

January 23, 2026

News·Top Stories

NBA Condemns Alleged Appointment of Convicted Ex-Pension Boss Maina as Garki Branch Patron, Orders Immediate Withdrawal

The Nigerian Bar Association (NBA) has strongly condemned the purported appointment of Abdulrasheed Maina, a former Chairman of the Pension Reform Task Team convicted over the theft of more than ₦2 billion in pension funds, as Grand Patron of the NBA Garki

January 23, 2026

News·Nigeria·Top Stories

Times Higher Education Lists 24 Nigerian Universities in Global Ranking

For the first time, 24 Nigerian universities have been listed in the Times Higher Education (THE) World University Rankings by Subject. Released on the 21 of January 2026, the listing makes Nigeria the most represented in Sub-Saharan Africa. The rankings cover 11

January 23, 2026

News·Politics·Top Stories

Tinubu Approves Three Key Ambassadorial Postings

Nigeria’s President Bola Tinubu has approved the posting of three ambassadors to major international capitals, the presidency has confirmed. According to a statement from presidential spokesperson Bayo Onanuga, Ambassador Ayodele Oke has been designated to France, Colonel Lateef Are (rtd) to the

January 23, 2026

PDP Governors Sue Tinubu, N’Assembly At Supreme Court Over Fubara’s Suspension

News·Politics·Top Stories

Rivers Chief Judge Declines to Probe Governor Fubara

The Chief Judge of Rivers State, Simeon Amadi, has refused to set up a judicial panel to investigate Governor Siminalayi Fubara and his deputy, citing existing court injunctions that prevent him from acting. The Rivers State House of Assembly had requested the

January 23, 2026

News·Oil & Gas·Top Stories

Elumelu Appointed Seplat Energy Non-Executive Director as Board Restructures

Seplat Energy Plc has appointed billionaire investor and philanthropist, Mr Tony O. Elumelu, CFR, as a Non-Executive Director on its Board, with effect from January 22, 2026, following recent changes in the company’s ownership structure. The appointment comes on the heels of

January 23, 2026

News·Politics·Top Stories

Atiku Accuses Senate of Delaying Electoral Act Reforms Ahead of 2027 Polls

Former Vice President Atiku Abubakar has accused the Senate of deliberately frustrating efforts to amend the Electoral Act 2022, warning that the credibility of the 2027 general elections is at serious risk if the reforms are not concluded in time. In a

January 23, 2026

News·Politics·Top Stories

Tinubu Begins Gradual Diplomatic Reset With Select Ambassadorial Postings

President Tinubu has commenced what officials describe as a phased diplomatic reset, approving the posting of just four ambassador-designates to strategic foreign missions, weeks after the Senate confirmed a full list of 68 nominees, Prime Business Africa reports. The limited rollout, announced

January 23, 2026

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Trump Threatens 100% Tariffs on Canadian Goods Over China Trade Deal

U.S. President Donald Trump has threatened to impose 100 per

Nigeria Tightens Rules for Courier Companies Using Prepaid Imports

Nigeria’s customs authority has introduced new rules for courier companies

Behind the Geregu Power Sale: Politics and a $750m Deal

The sale of Geregu Power, one of Nigeria’s largest electricity

Recapitalisation: UBA Extends Deadline For Rights Issue

UBA Hits Billion-Naira Milestone: Rights Issue Success Pushes Capital Base Above ₦500bn

United Bank for Africa (UBA) has successfully concluded its rights

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News - Page 12

Obi Accuses Tinubu Government of Fiscal Recklessness Over Overlapping Budgets

House Panel Confirms Unauthorized Alterations in Nigeria’s Gazetted Tax Laws

Tinubu Hosts Olubadan of Ibadanland at Presidential Villa

National Grid Collapse Again Exposes Fragility of Nigeria’s Power Sector

NBA Condemns Alleged Appointment of Convicted Ex-Pension Boss Maina as Garki Branch Patron, Orders Immediate Withdrawal

Times Higher Education Lists 24 Nigerian Universities in Global Ranking

Tinubu Approves Three Key Ambassadorial Postings

Rivers Chief Judge Declines to Probe Governor Fubara

Elumelu Appointed Seplat Energy Non-Executive Director as Board Restructures

Atiku Accuses Senate of Delaying Electoral Act Reforms Ahead of 2027 Polls

Tinubu Begins Gradual Diplomatic Reset With Select Ambassadorial Postings

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Obi Accuses Tinubu Government of Fiscal Recklessness Over Overlapping Budgets

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Nigeria Tightens Rules for Courier Companies Using Prepaid Imports

Behind the Geregu Power Sale: Politics and a $750m Deal

UBA Hits Billion-Naira Milestone: Rights Issue Success Pushes Capital Base Above ₦500bn

Dollar Appreciates Against Naira In Black Market, Trades At N1,454/$

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