The Africa Finance Corporation (AFC) has named Olayemi Cardoso, governor of the Central Bank of Nigeria (CBN), as chairman of its board of directors. By: Tunji Okunlola The corporation announced the appointment in a statement on Wednesday. Cardoso succeeds Ireti Samuel-Ogbu, who has been chair and will stay on the board as a member. AFC…
By: Tunji Okunlola Anambra State Governor Chukwuma Soludo has said the All Progressives Grand Alliance (APGA) will stay with President Bola Tinubu as he seeks a second term in 2027. Soludo made the declaration on Wednesday in Abuja at the inauguration of the All Progressives Congress (APC) presidential campaign council. He said the party was…
A Nigerian security officer based in Germany, Adekunle Adegboyega Aderinsoye, has told a Lagos State High Court how he allegedly encountered his former girlfriend at a location where he was held after being kidnapped. By: Ganiyu Olayinka Aderinsoye gave the testimony before Justice Hakeem Oshodi of the Ikeja High Court during the trial of a…
By: Ganiyu Olayinka The Nigeria Police Force says it has arrested suspects in four separate operations covering alleged armed robbery, kidnapping and a ₦75 million counterfeit gold fraud. Officers also recovered an AK-47 rifle, 20 rounds of live ammunition, stolen phones and suspected fake gold. Assistant Commissioner of Police Godfrey Victor, commander of the Force…
By: Tunji Okunlola The US Mission in Nigeria has reminded applicants that visa application fees are not refunded, whether or not a visa is approved. The mission made the point on Wednesday in a post on its official account, @USinNigeria, which addressed a common misconception that people whose visas are refused get their money back….
DSS forensic expert tells court $600,000 was allegedly set aside to bribe EFCC officials in El-Rufai trial By: Tunji Okunlola A Department of State Services (DSS) forensic examiner has told a Kaduna court that audio recordings analysed by his team point to $500,000 and a further $100,000 being earmarked to bribe officials of the Economic…
By: Yetty Aiyedogbon The International Monetary Fund has raised its 2026 growth forecast for Nigeria slightly, but both the Fund and Finance Minister Taiwo Oyedele acknowledged this week that high living costs and persistent poverty are limiting what growth means for ordinary people. The IMF raised its 2026 projection by 10 basis points to 4.2…
By: Tunji Okunlola Super Eagles winger Ademola Lookman scored as Atletico Madrid beat Manchester United 2-0 at home in the UEFA Champions League on Tuesday night, adding to the pressure on United manager Michael Carrick. Pablo Barrios put the Spanish side ahead in the opening minute. Lookman came off the bench in the second half…
Nigeria’s Works Ministry says East-West Road reconstruction is an additional project and will not replace the 750km Lagos-Calabar Coastal Highway. By: Ganiyu Olayinka The clarification follows public concerns over statements by the Minister of Works, David Umahi, about plans to align parts of the coastal highway with the existing East-West Road in the Niger Delta….
By: Ganiyu Olayinka President Bola Tinubu has asked the Senate to consider a set of new bills, including proposals to overhaul the Nigerian Safety Investigation Bureau (NSIB), replace the laws governing the National Drug Law Enforcement Agency (NDLEA), and create a National School of Government. Senate President Godswill Akpabio read the President’s letters at Tuesday’s…
