CSO decries low turnout in re-run polls, urges INEC to strengthen voter education

The Civil Society Organisations on Community Advancement and Humanitarian Empowerment Initiatives, CSCHEI, a United Nations-recognized platform that coordinates and promotes Civil Society Organizations, CSOs, and Community Based Organizations, CBOs, in Nigeria, has expressed concern over the low voter turnout during Saturday’s National and State Assembly bye-elections across the country.
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UN ranks Nigeria 8th on African industrialisation index, 98th globally

By Yinka Kolawole  The United Nations has ranked Nigeria as 8th on the African Industrialisation Index and 98th in the world. Thematic Lead for Oil and Gas at the Nigerian Economic Summit Group (NESG), . Kelvin Emmanuel, stated this in his presentation at a high-level pre-Summit dialogue held in Abuja with the theme, “Unlocking Industrial Growth […]

Foreign investment in manufacturing dips as binding constraints persist

…Down 32% to $129.9m in Q1’25 •It’s manifestation of economic reforms shock — CPPE By Yinka Kolawole  The binding constraints bedeviling Nigeria’s manufacturing sector seem to have dampened foreign investors’ interest as foreign direct investment (FDI) in the sector declined by 32.3 percent to $129.92 million in the first quarter of 2025 (Q1’25), compared to $191.92 million […]

Paradoxes of Nigeria’s crude oil and fuel sector

By Dele Sobowale “How wonderful that we have met with a paradox. Now we have some hope of making progress” – Niels Bohr, 1885-11962 Bohr, a Danish Nobel Prize Winner in Physics was one of the leaders in unraveling the mysteries of quantum theory. Along the line, he discovered that atoms don’t act in predictable […]

Insurance industry comes under pressure from rising cost, claims

…Profit declines 40% in Q1’25 …As claims rise 56%, expenses up 72% ·Experts explain the new development, chart way forward By Rosemary Iwunze At the backdrop of rising cost of doing business Nigeria’s insurance firms are recording significant declines in profits. Financial Vanguard’s findings also reveal that the insurance firms are now battered by rising claims payments. […]

STOCK MARKET: APT Securities forecasts N100trn mark in H2’25

…As financial services sector leads activity By Peter Egwuatu  The Managing Director and Chief Executive Officer of APT Securities and Funds Limited, Kasimu Kurfi, has predicted that Nigerian Exchange (NGX) market capitalisation  will exceed N100 trillion by the end of 2025. Kurfi made this prediction at the Mid-Year 2025 Capital Market Review and Outlook organized by […]

Tech firms launch joint venture for African AI development

In a move aimed at strengthening Africa’s digital infrastructure and sovereignty in artificial intelligence, four technology companies from Australia, Nigeria, the UAE and the Netherlands have signed a Memorandum of Understanding (MoU) to establish AfricAI, a multinational joint venture dedicated to building enterprise-grade AI solutions tailored to African markets. Nigeria has been selected as the […]

PDP, ADC, LP kick as APC sweeps bye-elections

“When ballots are brazenly exchanged for money, the vote of the ordinary Nigerian ceases to have meaning…No government can claim legitimacy if it consistently presides over fraudulent polls.”

Emmanson on Ibom Air incident: ‘I’m traumatised, my body used for stickers,’

Miss Comfort Emmanson, the young woman at the centre of a controversy involving Ibom Air crew, has narrated her side of the story. In a post on her Instagram account, @soft_commy, Emmanson alleged that a flight hostess, identified as Julian Edwards, forcefully pulled off her frontal wig, cut off her gold jewelry, and damaged her […]

Ayibam’s adaptive model revolutionizes  procurement governance with AI

By Jeremiah Urowayino Procurement failures have become a global crisis, draining resources and eroding trust in government. Nigeria’s 2024 Abuja-Kaduna-Kano Road project saw contractors abandon work after receiving 75% of funds. The UK’s £37 billion Test and Trace program showed “no clear evidence of effectiveness.” Germany’s €500 million face mask scandal revealed systematic favoritism. The […]

40 missing, 10 rescued in Sokoto boat mishap

Rescue workers are racing against time to save scores of passengers after a tragic boat accident in Sokoto State, the National Emergency Management Agency, NEMA, confirmed yesterday. According to NEMA, the incident occurred when a boat conveying over 50 passengers to Goronyo Market capsized. The Director-General of NEMA, Mrs. Zubaida Umar, said the agency immediately […]

Economy: Women now flatten belly with herbs, spices, as cost of surgery soars

By Elizabeth Adegbesan Looking good has been one of the prominent lifestyles of women, whether married or single. One would think that the continuous rise in cost of goods and services, including low purchasing power, would kill that style but it never did. However, it succeeded in diminishing the quality of what it takes to […]

Tinubu, Shettima, Idris, ACF, Mark grieve as Emir of Zuru dies at 81

By Henry Umoru, Johnbosco Agbakwuru, Haruna Aliyu, Musa Ubandawaki & Ibrahim Hassan-Wuyo ABUJA / BIRNIN KEBBI / SOKOTO: Nigeria has been thrown into mourning following the death of His Royal Highness, Major General Muhammadu Sani Sami (rtd.), CON, the Emir of Zuru, fondly known as Gomo II, who passed away in a London hospital on […]

By-Elections: Observer laments low turnout, vote buying, violence

The Kimpact Development Initiative (KDI), an election observer group, has expressed serious concern over widespread irregularities that marred the bye-elections conducted by the Independent National Electoral Commission (INEC) across 12 states on Saturday.

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