Month: September 2025

Onoh Warns Ohanaeze Youths to Avoid Provoking Ethnic Tensions Over Sujimoto

Editor

Denge Josef Onoh, the former campaign spokesperson for President Bola Tinubu in the southeast, has cautioned Ohanaeze Ndigbo, the leading Igbo socio-political organisation, against escalating ethnic tensions in the dispute between the government of Enugu State and Mr. Olasijibomi Ogundele, the CEO of Sujimoto Luxury Construction Limited, a contractor. A dispute has arisen around a purported breach of contract in the agreement granted to the business with the South West-based CEO. Then, in a statement, Ohanaeze Ndigbo called Mr. Ogundele a “saboteur” and asked the contractor to refund the N5.7…

Nigerian Soldiers Neutralize Top Bandit Leader in Kogi

Editor

Babangida Kachala, the second-in-command of Kachala Shuaibu, the leader of a gang that operated in Kogi State’s Masalaci Boka and Ofere Forest areas, was killed by troops of the Nigerian Army’s 12 Brigade as part of Operation ACCORD III in coordination with Other Hybrid Forces. Less than a week has passed since troops achieved a similar victory over banditry in the state by eliminating another commander, Kachalla Balla, and five of his gang members. Remember how the Nigerian Army executed Kachalla Balla, a known bandit commander, and five of his…

Air Peace Crew Denies NSIB’s Drug and Alcohol Allegations

Editor

Maduneme Victory, a member of the cabin crew, and co-pilot David Bernard have denied a Nigerian Safety Investigation Bureau (NSIB) report that they tested positive for both alcohol and a hard substance. After their plane was engaged in a runway incursion on Sunday, July 13, 2025, the pilot and a crew member tested positive for both alcohol and marijuana, according to the accident investigators. While landing at Port Harcourt International Airport, the Air Peace plane had swerved off the runway. According to the NSIB, the plane landed 2,264 meters from…

Prayers Held in Kano for Success of Tinubu-Barau in 2027 Election

Editor

On Thursday in Kano, a group operating under the auspices of the Tinubu/Barau/Atah Movement organized a special prayer session for the triumph of Senator Barau Jibrin and President Bola Tinubu ahead of the general elections in 2027. Ulamas and All Progressives Congress supporters from the state’s forty-four local government areas attended the prayer session, which took place in Gidan Baballiya Kurna in the Fagge Local Government Area. The clerics concluded the Holy Quran recitation throughout the session and offered special prayers for Tinubu’s campaign for a second term and Barau’s…

Federal Government Scraps 5% Tax on Telecoms Services

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In a post on its official X (formerly Twitter) page on Thursday, the National Orientation Agency announced that the Federal Government had abolished the 5% excise duty tax that had previously been applied to telecommunications services, such as voice calls and data usage. According to the post, Dr. Aminu Maida, the Executive Vice Chairman of the Nigerian Communications Commission, revealed that President Bola Tinubu had ordered the tax’s removal during discussions on the recently passed Finance Act. The NCC head stated that the move is anticipated to alleviate cost pressures…

APC Defends Tinubu’s Borrowing, Calls it ‘Strategic, Not Reckless

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According to Lagos State’s All Progressives Congress (APC), borrowing during President Bola Tinubu’s government is meant to finance growth by building essential infrastructure. In a statement headed “Peter Obi’s Borrowing Hypocrisy: Physician, Heal Thyself,” released Thursday, APC Spokesman Mr. Seye Oladejo criticized the 2023 Labour Party (LP) Presidential Candidate for criticizing Tinubu’s borrowings. The former governor of Anambra has urged accountants to challenge the Tinubu-Federal Government over what he describes as “reckless borrowings,” according to the News Agency of Nigeria (NAN). Given that “topics bordering on finance, economy, development, and…

Cross River APC: PDP’s 2027 Ambition Is ‘Dead on Arrival’

Editor

The All Progressives Congress (APC) chapter in Cross River State has called the Peoples Democratic Party’s assertion that it would regain control of the state in the general elections of 2027 a “empty boast and political comedy.” The conflict between Nigeria’s two main political parties is reflected in the competition between the APC and PDP in Cross River. Before cracks started to show in 2015, the PDP ruled Cross River without interruption from 1999 until 2021, when former Governor Ben Ayade defected to the APC. The APC was able to…

Spain Calls for Ban on Israeli Sports Teams, Echoing Russia Sanctions

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Late on Wednesday night, Spanish Sports Minister Pilar Alegria emphasized a “double standard” by saying that Israeli teams should be prohibited from participating in sports, just as Russian teams were generally barred in 2022 following the country’s invasion of Ukraine. Spain, whose government has referred to Israel’s offensive in Gaza as “a genocide,” has seen massive protests in response to the participation of a team called Israel-Premier Tech in the Vuelta a Espana cycling grand tour. Israeli Prime Minister Benjamin Netanyahu has praised Israel-Premier Tech, a private company controlled by…

Investors Eye US Inflation and ECB Decision as European, Asian Stocks Climb

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As traders awaited the European Central Bank’s most recent interest rate decision and additional US inflation data, European and Asian stock markets saw gains Thursday. In comparison to the euro and other major competitors, the dollar appreciated. One day after official data indicated that producer prices were declining in the largest economy in the world, the US consumer price index is scheduled to release an update on Thursday. Analysts predict that the Federal Reserve will lower interest rates before the year is out due to recent disappointing US jobs data.…

Investors Maintain Positions as Bond Yields Remain Unchanged at 16.97%

Editor

The average yield of Federal Government of Nigeria (FGN) bonds closed flat at 16.97%, reflecting the lack of a bargain-fueling event to boost investors’ muted attitude. According to credit rating agencies, bond investors maintained tight positions in the face of economic uncertainty, erratic returns, and sporadic profit-taking. Citing low trading activity in the secondary market, the investment business claimed that the average yield closed flat at 16.97% at the end of the trading session. The average yield increased at the short (+1 basis point) end of the benchmark curve due…