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Alaafin Weighs Legal Action as Tensions Deepen Over Oyo Obas’ Council Leadership

January 17, 2026

The controversy surrounding the revival of the Oyo State Council of Obas and Chiefs has intensified, with the Alaafin of Oyo, Oba Akeem Owoade, reportedly considering legal action against the state government over the newly introduced rotational leadership structure of the council.

Business·Finance & Economy·Opinion

CBN, Policy Shifts and Economy

January 17, 2026

By Arize Nwobu The Central Bank of Nigeria (CBN) has worked dedicatedly alongside the federal government and implemented policy shifts towards the reconfiguration of the economy to foster stability and sustainable growth, increase overall economic efficiency and improve living standard. CBN policy

News·Politics·Top Stories

Alaafin’s Absence, Power Shift Cast Shadow Over Oyo Obas’ Council Revival

January 17, 2026

The revival of the Oyo State Council of Obas and Chiefs after nearly 15 years of inactivity has reopened a sensitive debate over authority, influence, and consensus among the state’s foremost traditional institutions, following the conspicuous absence of the Alaafin of Oyo,

Insights·Opinion·Sports

Nigeria–Morocco, AFCON 2025: A Semi-Final Decided by Margins, Pressure, and Perspective

January 17, 2026

By Paul Lucky Okoku (Former Nigerian International Footballer | Football Analyst) When officiating becomes the story, football must ask harder questions Football is decided on fine margins—but credibility is decided on consistency. Emotion reacts. Evidence explains. History remembers. When the Host Has

NERC Intervenes in States-DisCos Tariff Dispute, Ex-Chairman, Others Warn of Power Play

News·Power·Top Stories

Nigeria’s Power Grid Defends Record as Nigerians Voice Frustration Over Electricity Supply

January 16, 2026

Nigeria’s national power grid operator has responded to growing public frustration over electricity supply by pointing to a new all-time peak in power generation under the current administration, even as official figures show that the improvement amounts to just 0.24 megawatts over

News·Politics·Top Stories

Court Order Halts Impeachment Track as Rivers Assembly Moves to Activate Panel Request

January 16, 2026

The deepening political crisis in Rivers State entered a decisive legal phase on Friday, with a High Court order temporarily freezing the impeachment process against Governor Siminalayi Fubara, even as the House of Assembly formally activated the next constitutional step by writing

Business·Top Stories

Austin Laz Founder Sells N227.76m Shares Amid Firm’s Revenue Woes

January 16, 2026

Austin Asimonye, the founder and chief executive officer (CEO) of Austin Laz & Co. has reduced his investment in the company amid the firm’s revenue woes. In a director dealing document released to the Nigerian Exchange (NGX) on Thursday, Austin Laz said

Forex Transactions Decline By $89.61 Million As Dollar Rate Surges

Business·Top Stories

Currency Traders Reduce Dollar Rate To N1,417 In Official Market

January 16, 2026

On Friday, January 16, the naira appreciated against the United States dollar (USD) by 0.14 percent as the foreign exchange rate for both currencies closed at N1,417.95 kobo/$1 in the Nigerian foreign exchange market (NFEM). Data provided by the Central Bank of

Nigerian Stock Market Record Highest Level In 15-years, Equity Cap Up N59.90bn

Business·Top Stories

Nigerian Stock Market Rebounds With N30.45bn Gain

January 16, 2026

The all-share index (ASI) increased by 0.23 percent on Friday, January 16, leading to the market capitalisation of the Nigerian Exchange (NGX) rising by N30.45 billion. It was gathered that the ASI expanded by 72.21 basis points, from 166,057.29 index recorded on

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Latest

Alaafin Weighs Legal Action as Tensions Deepen Over Oyo Obas’ Council Leadership

CBN, Policy Shifts and Economy

Alaafin’s Absence, Power Shift Cast Shadow Over Oyo Obas’ Council Revival

Nigeria–Morocco, AFCON 2025: A Semi-Final Decided by Margins, Pressure, and Perspective

Nigeria’s Power Grid Defends Record as Nigerians Voice Frustration Over Electricity Supply

Court Order Halts Impeachment Track as Rivers Assembly Moves to Activate Panel Request

Austin Laz Founder Sells N227.76m Shares Amid Firm’s Revenue Woes

Currency Traders Reduce Dollar Rate To N1,417 In Official Market

Nigerian Stock Market Rebounds With N30.45bn Gain

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Police Council Ratifies Disu as IGP, Tinubu to Swear Him In Wednesday

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