April 29, 2025
Lagos, Nigeria
Economy News

EFCC Cautions Nigerians Over $18,000 Mentorship Programme by Motivational Speaker

Nigeria’s anti-graft agency, the Economic and Financial Crimes Commission (EFCC), has raised concerns over a high-ticket mentorship programme offered by Dr. Stephen Akintayo, a well-known motivational speaker and investment coach. In a post on his Facebook page on April 23, 2025, Akintayo revealed a limited offer, 10 exclusive slots for a one-on-one mentorship and business

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Tensions Rise Within Lagos APC Over Alleged Favoritism in Candidate Selection

In the lead-up to Lagos State’s July 12, 2025, local government elections, the All Progressives Congress (APC) is under scrutiny for alleged imposition of candidates, sparking protests and internal dissent within the party. Oluwagbenga Abiola, Vice Chairman of Agege Local Government Area, has withdrawn his chairmanship ambition in favor of Abdulganiyu Obasa, son of Lagos

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Locked Up For Speaking Out; UNICROSS Student Detained Over Exam Fee Protest

In a striking development that has ignited debates on academic freedom and human rights, the University of Cross River State (UNICROSS) has come under intense scrutiny following the detention of graduate student Martins Eyam. Eyam was reportedly incarcerated for over a week after voicing opposition to the university’s “No School Fees, No Exams” policy. The

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Edu Agency Records Surge in Nomadic Schools’ Enrolment in Zamfara

Zamfara State Agency for Nomadic Education has recorded a significant increase in pupil enrolment and graduation across the state. The Executive Secretary of the Agency, Alhaji Bala Tafidah, made the disclosure during a visit to the Commissioner of Education, Science, and Technology, Malam Wadatau Madawaki, in Gusau, on Tuesday. Tafidah also said that the agency

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Vatican Announces Funeral for Pope Francis to Hold Saturday

Pope Francis, born Jorge Mario Bergoglio, passed away on Easter Monday, April 21, 2025, at the age of 88. His death occurred at 7:35 a.m. local time at his residence in the Domus Sanctae Marthae, Vatican City. The cause was a stroke leading to irreversible cardiac arrest, following a recent battle with double pneumonia and

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What Next as Tinubu Returns from Europe?

President Bola Tinubu who was away for more than two weeks has returned to the country on Monday after a so-called working visit to Europe. Bayo Onanuga, special adviser to the president on information and strategy, said this in a statement on Monday. The president, who departed Nigeria on April 2 for Paris, France, held

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“It’s Not Just the Government’s Job Anymore” — Ogun Commissioner Urges Collective Action for the Vulnerable

In a compelling address at the 13th Annual Charity and Appreciation Colloquium of the Less Privileged Children Encouragement Initiative (EI) in Ijebu-Ode, Ogun State Commissioner for Women Affairs and Social Development, Hon. Adijat Adeleye, emphasized the necessity of robust public-private partnerships to enhance the lives of underserved communities. Delivering her keynote speech titled “Uniting For A

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Nigeria to Offset N2 Trillion in Power Sector Debt Amid Ongoing Electricity Challenges

In a significant move to address the mounting financial strain in Nigeria’s power sector, the Federal Government has announced plans to settle ₦2 trillion of the ₦4.7 trillion debt owed to electricity generation companies (GenCos) by the end of 2025. This initiative aims to prevent potential power plant shutdowns and ensure the continuity of the

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Obi Charges Tinubu to Prioritise National Security, Demands Immediate Return From Visit to France

Former presidential candidate Peter Obi has raised the alarm over heightened insecurity in Nigeria, while President Bola Tinubu is retreating in France when dozens of people are killed across the country. In a statement on X on Wednesday, Mr Obi charged Mr Tinubu, who is on a “working visit” to France, to “quickly suspend whatever

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Economy News

Authority Confirms 30 Million-Litre Drop in Petrol Importation

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says Nigeria has significantly reduced its Premium Motor Spirit (PMS) importation. The chief executive officer of NMDPRA, Farouk Ahmed, said this during the Meet-the-Press briefing series organised by the Presidential Communications Team (PTC) at the State House in Abuja on Tuesday. Mr Ahmed said the county’s

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