Richard Adeolu Adejumobi

Fayose Claims Makinde ‘Lacked Courage’ During Meeting with President

Former Ekiti State Governor Ayo Fayose has stirred controversy after alleging that Oyo State Governor Seyi Makinde appeared reluctant to meet the President alone during a visit to the Presidential Villa, enlisting the Plateau State Governor for political cover. In a statement titled “Untold Story of What Happened in the Villa,” Fayose claimed the encounter

Fayose Claims Makinde ‘Lacked Courage’ During Meeting with President Read More »

Nigeria to Launch First Floating Solar Plant at UNILAG

Nigeria is set to develop its first floating solar power installation under a new 7MW renewable energy project awarded by the Rural Electrification Agency (REA) to China Civil Engineering Construction Corporation (CCECC). The project, located on the lagoon waters surrounding the University of Lagos (UNILAG), aims to deliver reliable and clean electricity to one of

Nigeria to Launch First Floating Solar Plant at UNILAG Read More »

Villa Drama as Makinde Meets President Amid PDP Power Rift

Fresh intrigue gripped Abuja on Thursday following Governor Seyi Makinde’s private visit to the Presidential Villa, in what sources described as a politically charged encounter tied to the widening rivalry between the Oyo State Governor and Federal Capital Territory Minister, Nyesom Wike. Insiders told TMN that Makinde arrived at the Villa with the Plateau State

Villa Drama as Makinde Meets President Amid PDP Power Rift Read More »

France Seizes Russian Oil Tanker in Mediterranean Sanctions Operation

France intercepted and boarded an oil tanker linked to Russia on Thursday, citing violations of international sanctions and suspected falsification of maritime identity documents. President Emmanuel Macron confirmed the operation, saying the vessel was seized on the high seas in the Mediterranean with support from allied navies. He stressed that the action was conducted in

France Seizes Russian Oil Tanker in Mediterranean Sanctions Operation Read More »

Equities Mixed as Market Cap Slips, ETPs Outperform

Nigeria’s financial markets closed mixed on Thursday with equities easing slightly, fixed income marginally higher, and Exchange-Traded Products (ETPs) delivering the strongest performance of the day. Equity capitalization declined by 0.52 percent to ₦105.88 trillion, despite the benchmark All-Share Index firming to 166,256.83 points. Fixed income instruments advanced by 0.09 percent to ₦51.63 trillion, while

Equities Mixed as Market Cap Slips, ETPs Outperform Read More »

EFCC Links Banks, Fintechs to N18.7bn Fraud in Airline Discount, Investment Schemes

The Economic and Financial Crimes Commission (EFCC) has accused a new generation bank and six Fintech and microfinance institutions of enabling fraudsters to move a combined N18.7 billion in two major scams targeting both Nigerians and foreign travelers. Speaking in Abuja on Thursday, January 22, 2026, the EFCC’s Director of Public Affairs, Commander CE Wilson

EFCC Links Banks, Fintechs to N18.7bn Fraud in Airline Discount, Investment Schemes Read More »

What Putin’s $1bn Pledge Means for Trump’s Peace Board and the Future of Conflict Mediation

When Russian President Vladimir Putin announced Moscow’s readiness to commit $1 billion to U.S. President Donald Trump’s proposed “Board of Peace,” many observers dismissed it as yet another headline in the theatre of great-power diplomacy. It is more than that. The pledge, drawn from frozen Russian assets and attached to conditions linked to a possible

What Putin’s $1bn Pledge Means for Trump’s Peace Board and the Future of Conflict Mediation Read More »

Nigeria Prioritises Domestic Capital, Signals Reduced Reliance on External Borrowing

Nigeria’s Finance Minister, Wale Edun, says the federal government intends to intensify domestic resource mobilisation and reduce dependence on external borrowing as part of its current fiscal strategy. In an interview with Bloomberg Television at the World Economic Forum in Davos on Tuesday, Edun said that while Nigeria retains access to international bond markets, the

Nigeria Prioritises Domestic Capital, Signals Reduced Reliance on External Borrowing Read More »

Scroll to Top