Debt Servicing Costs Jump 49% to $2.01B in Early 2025

By Ayomide Otitoju Nigeria’s external debt servicing costs surged by 49 per cent year-on-year in the first four months of 2025, with the Federal Government spending approximately $2.01 billion, according to the latest international payments data released by the Central Bank of Nigeria (CBN). The figure marks a significant increase from the $1.33 billion recorded…

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PRO International Seeks Jail for Moniepoint MD, Execs Over N95m

By Ayomide Otitoju PRO International Concept Ltd. has filed a contempt of court application at the Federal High Court in Lagos, seeking the imprisonment of Babatunde Olofin, Managing Director of Moniepoint, alongside several other bank executives, over alleged disobedience of court orders relating to the recovery of N95 million. The company alleges that the sum…

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SGF Akume Praises Tinubu’s Reforms, Compares Him to Lee Kuan Yew

By Ayomide Otitoju Secretary to the Government of the Federation (SGF), George Akume, has drawn a striking comparison between President Bola Ahmed Tinubu and Singapore’s founding father, Lee Kuan Yew, lauding Tinubu’s “reform-driven governance” as a transformative force in Nigeria’s development journey. Speaking on Thursday at the All Progressives Congress (APC) National Summit in Abuja,…

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Armed Men Abduct Retired Nigerian Army Major Joe Ajayi in Kogi

By Ayomide Otitoju Armed men have abducted a 76-year-old retired Major of the Nigerian Army, Joe Ajayi, from his home in Odo-Ape, Kabba-Bunu Local Government Area of Kogi State, further fueling concerns over the rising wave of insecurity in the region. Ajayi, a former chairman of the Christian Association of Nigeria (CAN), Kabba-Bunu chapter, was…

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WHO: Gaza Health System Near Collapse Amid Israeli Attacks

By Ayomide Otitoju Israel’s intensifying military operations have pushed Gaza’s fragile health system to the verge of collapse, the World Health Organization (WHO) has warned, as hospitals shut down and essential services vanish under continued bombardment, displacement, and critical shortages. In a statement on Friday, WHO revealed that only 19 of the Gaza Strip’s 36…

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Nnamdi Kanu Trial Resumes with Judge’s Stern Reprimand

By Ayomide Otitoju Proceedings at the Federal High Court in Abuja grew tense on Thursday as the trial of Nnamdi Kanu, leader of the Indigenous People of Biafra (IPOB), resumed with a stern reprimand from the presiding judge directed at the Federal Government over repeated delays and lack of preparedness. The judge, visibly frustrated by…

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Sanwo-Olu Urges Education Reform for African Youth Skills

By Ayomide Otitoju Lagos State Governor, Mr. Babajide Sanwo-Olu, has urged African leaders to reform higher education across the continent to promote entrepreneurship and equip young people with skills relevant to the rapidly evolving demands of the 21st century. Delivering the keynote address on Thursday at the official launch of the Centre for African Social…

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JAMB Registrar Denies UTME Glitch Targeted Southeast Candidates

By Ayomide Otitoju The Registrar of the Joint Admission and Matriculation Board (JAMB), Prof. Ishaq Oloyede, has dismissed allegations that the technical glitch experienced during the 2025 Unified Tertiary Matriculation Examination (UTME) was aimed at disadvantaging candidates from Nigeria’s Southeast region. The statement comes in response to demands from the Southeast Caucus of the House…

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Atiku, Obi, El-Rufai Coalition Faces 2027 Election Challenges

By Ayomide Otitoju As Nigeria gears up for the 2027 general elections, political realignments are intensifying, highlighted by an emerging opposition coalition reportedly involving former Vice President Atiku Abubakar (PDP), ex-Labour Party presidential candidate Peter Obi, and former Kaduna Governor Nasir El-Rufai (Social Democratic Party). The trio aims to unseat President Bola Ahmed Tinubu and…

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