Richard Adeolu Adejumobi

THE $300 BILLION QUESTION: PEACE, POWER, AND THE PRICE OF CONFLICT

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By TMN World Affairs Desk In international politics, numbers often tell stories. Sometimes they tell the truth. Sometimes they tell aspirations. And sometimes they reveal the distance between diplomacy and reality. The reported proposal for a $300 billion United States-backed economic package for Iran has become one of the most debated geopolitical developments of recent […]

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Three Years After the Shock Therapy: Tinubu Says Nigeria Is Recovering

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Abuja — President Bola Ahmed Tinubu has defended the sweeping economic reforms introduced since he took office in 2023, insisting that Nigeria is now on a path to stability and long-term growth despite the hardships many citizens continue to face. In a nationwide statement marking the third anniversary of his administration on May 29, Tinubu

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The Poverty Paradox: Why Nigeria’s Reform Success Is Not Yet a Human Success

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There is a number that should dominate every cabinet meeting, every budget review, every FAAC celebration, and every assessment of Nigeria’s economic trajectory. That number is 140 million. One hundred and forty million Nigerians now live in poverty. Not the poverty of statistical abstraction. Not the poverty of economic modelling. But the poverty of empty

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AfDB Appoints Festus Keyamo to Champion $7 Billion integrated Africa Aviation

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Abuja/Brazzaville — The African Development Bank (AfDB) has appointed Nigeria’s Minister of Aviation and Aerospace Development, Festus Keyamo, as the African champion of its Integrated Aviation Transformation Programme for Africa (IATP), a major continental initiative backed by a proposed $7 billion investment framework. The Bank said the appointment reflects Nigeria’s “leadership and vision” in implementing

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Moniepoint Launches ₦3 Billion University Innovation Push

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Lagos/Abuja — Nigerian fintech company Moniepoint Inc. has unveiled a ₦3 billion investment plan to establish innovation hubs across three major Nigerian universities, in what is being described as a significant private-sector intervention in technology education and talent development. The investment, scheduled to run over the next three years, will fund the development of modern

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Amaechi Rejects ADC Presidential Primary Results, Alleges Widespread Disenfranchisement

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Abuja — Former Rivers State governor and ex-Minister of Transportation Chibuike Rotimi Amaechi has rejected the outcome of the African Democratic Congress (ADC) presidential primaries, alleging widespread voter disenfranchisement and electoral irregularities during the exercise. In a strongly worded statement issued after the primaries, Amaechi described the announced results as “concocted” and insisted he would

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Nigeria, Türkiye Sign Solid Minerals Deal to Deepen Economic Cooperation

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Abuja —Nigeria has signed a Memorandum of Understanding (MoU) with the Türkiye to strengthen bilateral cooperation in the solid minerals sector, in a move aimed at expanding economic ties and accelerating investment in Nigeria’s mining industry. The agreement is expected to boost collaboration in: Nigerian officials described the partnership as another strategic step toward transforming

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