Whatever Happened to the Man Who Sold a Fake Airport?
Meet Emmanuel Nwude, a Nigerian banker who, in the mid-1990s, did the unthinkable—he “sold” an airport that didn’t exist! But this wasn’t your typical scam; it was a $242 million heist that shook the banking world and eventually led to one of the biggest crackdowns on financial crime in Nigerian history. How did he pull […]
ONDO 2024: Tinubu to Aggrieved Candidates: ‘Seek Redress in Court,’ Hails INEC’s Efficiency in Ondo Polls
President Bola Tinubu has congratulated Governor Lucky Aiyedatiwa of the All Progressives Congress (APC) on his landslide victory in the Ondo State gubernatorial election. Aiyedatiwa secured 366,781 votes, defeating Ajayi Agboola of the Peoples Democratic Party (PDP), who garnered 117,845 votes. Tinubu commended the Independent National Electoral Commission (INEC) for its efficient conduct of the […]
Obasanjo’s INEC Reform Call Is Hypocritical – Sunday Dare
President Bola Tinubu’s special adviser, Sunday Dare, has criticized former President Olusegun Obasanjo for his call to reform Nigeria’s electoral system during the Chinua Achebe Leadership Forum at Yale University. Obasanjo suggested appointing independent INEC leaders with short tenures to curb political influence and rebuild public trust. In response, Dare accused Obasanjo of hypocrisy, labeling […]
Ruling party sweeps LGA and Councilorship election in Zamfara state, mirroring local elections in Ogun, Imo and Delta States
The Peoples Democratic Party (PDP) has won all 14 chairmanship seats and every councillorship position in the Zamfara State local government elections. Announcing the results, the Chairman of the Zamfara State Independent Electoral Commission (ZASIEC), Bala Aliyu, declared the elections free, fair, and credible, crediting the success to collaboration among security agencies, election officials, and […]
President Tinubu Hails Aiyedatiwa’s Victory in Ondo, Urges Discontent Opponents to Seek Legal Redress
President Bola Tinubu has congratulated Governor Lucky Aiyedatiwa of the APC on his win in the Ondo governorship election, where Aiyedatiwa got 366,781 votes, defeating PDP’s Ajayi Agboola, who scored 117,845 votes. Calling the election a success, Tinubu commended INEC for its efficiency, noting that over 98% of results were uploaded on the same day. He also […]
APC Sweeps Ogun LG Polls, Wins All Chairmanship and Councillorship Seats; Opposition Rejects Results, Calls for Cancellation
The All Progressives Congress (APC) secured all 20 chairmanship seats and won across 236 wards in the Ogun State Local Government elections held on Saturday. Babatunde Osibodu, Chairman of the Ogun State Independent Electoral Commission (OGSIEC), announced the results, revealing that 613,156 votes were cast during the exercise. However, the opposition criticized the election, alleging […]
Ondo Poll: Aiyedatiwa Confident of Victory, Says He Is ‘At An Advantage’ and Praises Peaceful Election
Ondo State Governor and APC candidate, Lucky Aiyedatiwa, cast his vote at Polling Unit 5, Ugbo Ward, in Ilaje LGA, describing the election as peaceful with a strong voter turnout. Expressing confidence in his chances, Aiyedatiwa said, “With what we have done in the last 10 months, the voters know who they want. I believe […]
Ondo Poll: PDP’s Agboola Ajayi Criticizes INEC, Alleges Rigging Plot
PDP governorship candidate and former Ondo deputy governor, Agboola Ajayi, has heavily criticized INEC’s handling of the election, claiming the process was compromised. After voting at Polling Unit 004 in Ese-Ado LGA, Ajayi expressed frustration over delays, saying, “It took them more than 10 minutes to capture me… The system is not perfect, things are […]
JUST IN: Inflation Hits 33.88%: Rising Food Prices Push Nigeria’s Struggle with Cost of Living
Nigeria’s inflation rate rose to 33.88% in October 2024, up from 32.7% in September, according to the National Bureau of Statistics (NBS). The year-on-year inflation increased by 6.55 percentage points compared to October 2023’s 27.33%. On a monthly basis, the inflation rate was 2.64% in October, slightly higher than September’s 2.52%. Food prices surged significantly, […]
Federal Executive Council Approves $2.2bn Loan Plan and N400bn Housing Fund
The Federal Executive Council has approved a $2.2 billion external borrowing plan as part of the 2024 budget. Finance Minister Wale Edun explained that the plan includes a mix of Eurobonds ($1.7 billion) and Sukuk bonds ($500 million). The final composition will depend on market conditions and advice from transaction advisors. This funding is aimed […]