Afrinvest (West Africa) Ltd. has marked its 30th anniversary with the release of its 20th Nigerian Banking Sector Report, setting out strategies to help Nigeria achieve its ambition of becoming a $1 trillion economy. The report, themed “ACT-BOLD: Turbocharging Nigeria to a New Growth Frontier,” urges policymakers and investors to embrace bold reforms across seven…
Consumers in Nigeria are voicing frustration over growing bank charges, alleging unauthorised debits that have left many questioning the fairness of the country’s financial system. Customers interviewed by the News Agency of Nigeria (NAN) said the deductions ranged from alert fees to inflated transfer levies and account maintenance charges. Helen Agodo, a First HoldCo Plc…
The Ondo State branch of the Oodua People’s Congress (OPC) says it is prepared to collaborate with authorities to confront insecurity in the state. State Coordinator Pius Ogunsanya, in a statement issued Sunday in Okitipupa, said the organisation was committed to working with Governor Lucky Aiyedatiwa to combat recurring farmer-herder clashes and other violent incidents….
A suspected kidnapper and alleged gang leader has been arrested by the Osun State Amotekun Corps, the state’s regional security outfit announced on Sunday. The suspect, Ayobola Awe, widely known by the alias “Bishop Awasere,” had been wanted in connection with cases of kidnapping and murder. Amotekun spokesperson Yusuf Abass said operatives tracked Awe and…
Nigeria’s ruling All Progressives Congress (APC) has rejected suggestions of a broad opposition consensus to unseat President Bola Tinubu at the next general election. Senator Aminu Tambuwal, who represents Sokoto South, claimed during a televised interview on Friday that plans to remove Tinubu reflected a “national consensus” rather than a regional campaign. But in a…
Nigeria has channelled more than ₦192 billion into primary healthcare facilities over the past five years under the Basic Health Care Provision Fund (BHCPF), as authorities seek to strengthen the country’s fragile health system. Speaking after a National Health Financing Policy Dialogue in Abuja, Dr Muyi Aina, head of the National Primary Health Care Development…
A ban on ostentatious graduation parties in some Nigerian states has sparked a heated debate between education officials, parents, and school proprietors. Authorities in Ondo State said the prohibition was designed to protect families from “unnecessary financial exploitation” by schools and to shift the emphasis back to academic learning. Similar moves are being enforced in…
Nigeria’s anti-narcotics agency has announced the recovery of over 653 kilogrammes of cannabis sativa and thousands of tramadol pills during coordinated raids across the country. In a statement issued on Sunday, NDLEA spokesperson Femi Babafemi detailed the seizures, which took place between 1 and 5 September. In Abuja, a dispatch rider was stopped and searched…
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…
