Professor Uche Uwaleke, a leading capital market expert, has called for the creation of a National Compensation Fund to provide relief to victims of Ponzi frauds, warning that the schemes pose a growing threat to citizens’ financial security. Speaking at a virtual workshop on Sunday, Uwaleke, who also serves as President of the Capital Market…
President Bola Tinubu is on course to secure overwhelming support from Nigeria’s South-West region in the 2027 elections, according to Rep. Aderemi Oseni, Chairman of the House Committee on the Federal Road Maintenance Agency (FERMA). Oseni, who represents Ibarapa East/Ido in the House of Representatives, said political stakeholders and grassroots groups had already begun working…
Nigeria’s former Aviation Minister, Hadi Sirika, has defended the controversial Nigeria Air project, insisting it was not a scam despite widespread criticism and his ongoing corruption trial. Sirika, who oversaw the project during President Muhammadu Buhari’s administration, told Channels Television on Tuesday that due process was followed under a public-private partnership arrangement. “The total budget…
Rabiu Musa Kwankwaso, Nigeria’s former Kano State governor and 2023 presidential candidate, remains open to joining the ruling All Progressives Congress (APC) as political alignments take shape ahead of the 2027 elections, an ally has said. House of Representatives member Abdulmumin Jibrin, a senior figure in Kwankwaso’s New Nigeria Peoples Party (NNPP), told Channels Television…
Authorities in Nigeria say three street touts will be charged with murder following the deaths of a man, his wife and their child in a car crash triggered by an attempted vehicle hijack in Abuja. The tragedy occurred under the Mabushi Bridge after the suspects reportedly pursued the family from the Berger axis, forced their…
Nigeria’s First Bank has launched FirstMonie Merchant Solution, a digital payment platform aimed at strengthening the country’s cashless economy and supporting businesses of all sizes. The service, unveiled on Wednesday, provides merchants with automated onboarding, instant settlements, and integrated dispute resolution — features designed to improve liquidity and cut chargeback risks. It also comes with…
Nasarawa State is set to welcome President Bola Tinubu to commission a brand-new 6,000-metric-ton lithium processing plant, highlighting Nigeria’s bid to capture more value in the global energy transition. Governor Abdullahi Sule confirmed the President’s forthcoming visit after meeting him on Wednesday at the State House, Abuja. Built by Chinese investors, the plant is the…
Nigeria’s electoral and identity management agencies are moving closer to a unified system that could transform how citizens register and vote. On Wednesday, INEC Chairman Prof. Mahmood Yakubu and NIMC Director-General Abisoye Coker-Odusote met in Abuja to deepen cooperation on biometric data harmonisation. Together, the two institutions manage the country’s most comprehensive citizen databases. Yakubu…
Polytechnic lecturers in South-West Nigeria have expressed deep concern over what they described as government neglect of the sector, warning that unresolved issues could trigger a nationwide strike. The Academic Staff Union of Polytechnics (ASUP), Zone C, speaking at a press briefing in Ogun State, said critical agreements reached with government remain unfulfilled more than…
Nigeria’s drive for universal health coverage has received a boost, with the Association of Local Governments of Nigeria (ALGON) pledging to leverage newly granted financial autonomy to strengthen healthcare delivery at the grassroots. Speaking at the National Health Financing Policy Dialogue in Abuja, Hon. Aminu Hassan, Chairman of Jalingo Local Government, Taraba State, said direct…
