Osun funds: CISLAC backs EFCC account restriction
By Innocent Anaba The Civil Society Legislative Advocacy Centre, CISLAC, and Transparency International Nigeria have defended the Economic and Financial Crimes Commission, EFCC, over its decision to restrict accounts belonging to the Osun State Government, saying protection of public funds should take precedence where there are credible concerns over their possible diversion or misuse. CISLAC, […]
S&P Global buys majority stake in Nigeria’s Agusto & Co
•Move to deepen Africa’s debt markets, boost credit transparency By Babajide Komolafe S&P Global has agreed to acquire a majority stake in Agusto & Company Limited, a leading Pan-African credit rating agency, in a move aimed at strengthening its presence in Africa’s domestic debt markets and enhancing credit transparency across the continent. The transaction, which is […]
Petrol depot prices drop as marketers slash rates by up to N23/litre
By Udeme Akpan Petrol depot prices declined across major supply centres yesterday as marketers implemented fresh price cuts, signalling increased competition in the downstream petroleum market. An analysis of the mid-day depot price report showed that most major depots in Lagos, Warri, Calabar and Port Harcourt either reduced their prices or maintained existing rates, with no […]
Nigeria loses 47% of dollar millionaires, retains 4th position in Africa
By Babajide Komolafe Nigeria has lost nearly half of its dollar millionaires over the past decade, with the population of high-net-worth individuals falling by 47 per cent between 2015 and 2025, according to the 2025 Africa Wealth Report by Henley & Partners in collaboration with New World Wealth. Despite the sharp erosion in private wealth, Nigeria […]
2027: ‘Tinubu not tired’ – Yilwatda fires back at Obi’s resignation call
National Chairman of the All Progressives Congress (APC), Nentawe Yilwatda, has dismissed Labour Party presidential candidate Peter Obi’s suggestion that President Bola Tinubu is “tired” and should step aside ahead of the 2027 elections.
Ambassador Nwaobiala congratulates Joseph Onah on National Diaspora Merit Award
Nigeria Ambassador to Côte d’Ivoire, Ezenwa Chukwuemeka Nwaobiala has congratulated High Chief Joseph Ajah Onah on his conferment of the 2026 National Diaspora Merit Award by the Nigerians in Diaspora Commission (NiDCOM). Onah, President of the Benue State Union in Côte d’Ivoire, international businessman and philanthropist, received the prestigious award on Saturday, July 25, during […]
