The World Bank says 26 poorest countries worldwide “are deeper in debt than at any other time since 2006,” while being increasingly vulnerable to natural disasters and other catastrophes. In its analysis, the World Bank found that these 26 nations, which have an annual per capita income of less than 1,145 dollars a year, “are…
Diezani Alison-Madueke, Nigeria’s former petroleum minister, has appeared at Southwark Crown Court in London for a preliminary hearing in a bribery case brought against her by UK authorities. The hearing took place on Monday before Justice Thornton, ahead of a substantive trial fixed for 26 January 2026. Alison-Madueke was formally charged in August 2023 following…
The Vice-Chancellor of University of Lagos (UNILAG), Prof. Folashade Ogunshola, says there are valuable lessons Nigeria can learn from the United States’ electoral system. She listed the valuable lessons as transparency, accountability and inclusivity in elections. Ogunshola, represented by Prof. Bolanle Oboh, Deputy Vice-Chancellor (Academics and Research), made this known at a 2024 U.S. Election event on…
The Nigerian federal government has teamed up with the United Nations Environment Programme (UNEP) and the Frankfurt School of Finance and Management to promote clean captive installations for industrial clients in sub-Saharan Africa. The Energy Commission of Nigeria (ECN), UNEP, and Frankfurt School organized a one-day workshop in Abuja to share knowledge gained from the…
The Abuja Electricity Distribution Company (AEDC) has announced a power outage in parts of the federal capital territory (FCT). In a statement on Saturday, the AEDC said the blackout was due to a “technical fault” on the feeders serving the affected areas. According to the company, the locations affected are Efab Classic Estate, Metro City…
The Police Command in Kaduna State, said security operatives stormed criminal hideouts in the Kawo Area of Kaduna and arrest 27 suspected criminals, recovered dangerous weapons and hard drugs. The command’s dpokesperson, DSP Mansir Hassan, confirmed the arrest in a statement issued on Monday in Kaduna . Hassan said, “The action was in line with…
Comfort Emmanson has spoken publicly for the first time since her release, narrating in detail what she says transpired on board the August 10 flight that led to her arrest and viral humiliation, stating that she switched off her phones as demanded. In an online video, Emmanson expressed gratitude to those who stood by her…
The Asset Management Corporation of Nigeria (AMCON) has repaid about N3.6 trillion to the Central Bank of Nigeria (CBN) since its establishment in 2010, Managing Director Gbenga Alade said on Wednesday in Lagos. Alade described the repayments as “a significant national achievement,” noting that while AMCON initially acquired toxic bank assets for N1.7 trillion, it…
A breakaway group from the opposition People’s Democratic Party (PDP) in Katsina State has signalled plans to align with a new political platform aimed at unseating the ruling All Progressives Congress (APC) in the next general elections. Alhaji Mustapha Inuwa, former Secretary to the State Government and a one-time APC gubernatorial contender, revealed the group’s…
Sen. Saliu Mustapha, representing Kwara Central Senatorial District, has condemned the recent violent bandit attacks on Woro and Nuku communities in Kaiama Local Government Area of Kwara. In a statement made available to newsmen on Wednesday in Ilorin,. Mustapha said he received the distressing news of the violent attacks on innocent civilians with deep sadness….
