Author: Editor

Nigeria’s debt to World Bank IDA hits $18.2bn – Report

Editor

As of June 30, 2025, Nigeria still owes $18.2 billion, making it the third-largest debtor to the World Bank’s International Development Association. This is an increase of $1.7 billion, or around 10.3 percent, in just one year from $16.5 billion in June 2024. According to the most recent data from the IDA’s financial statements, Nigeria moved up from its prior standing as the fourth-largest borrower in 2023 to third place in 2024, where it remained until 2025. The World Bank Group’s concessional lending arm, the IDA, provides grants and loans…

INEC declares Zamfara by-election inconclusive

Editor

The Zamfara by-election for the Kaura Namoda South State Constituency has been deemed inconclusive by the Independent National Electoral Commission. Lawal Sa’Adu, a professor at Federal University Gusau and the INEC Returning Officer for the election, stated that the announcement came after several polling places in the Sakajiki and Kambarawa wards cancelled their results. According to Sa’adu, 3,265 Permanent Voter Cards were obtained in the impacted polling places, while 5,446 people were registered to vote overall. He clarified that there was a 1,662 vote difference between the All Progressives Congress’s…

Awujale stool: Family kicks over exclusion from royal lineage

Editor

The Anikilaya dynasty’s Adeyemi ruling family has criticised their exclusion from the Anikilaya ruling house, which is one of the governing houses that produces candidates for the position of Awujale of Ijebuland in Ogun State’s Ijebu Ode district. Remember how the late Awujale of Ijebuland, Oba Sikiru Kayode Adetona, joined his forefathers last month as a product of the Anikilaya reigning house? In a statement signed by Adedeji Ademola Adeyemi and made public to reporters on Sunday, the family claimed that some members of the Anikilaya ruling house purposefully misrepresented…

APC wins federal constituency by-election in Jigawa

Editor

The Babura/Garki federal constituency bye-election, which took place in Jigawa State on Saturday, August 16, was won by the All Progressives Congress. The results were announced on Sunday at the INEC collation facility, which is housed within the INEC Babura Office, by Professor Salihu Ibrahim, the Returning Officer for the Independent National Electoral Commission. Ibrahim declared, “The APC candidate, Mukhtar Rabi’u Garki, scored a total of 38,449 votes, making him the winner of this bye-election,” as he presented the final count. He went on to say that the election was…

EFCC Recovers Billions in Refinery Fraud, Ex-NNPCL Officials Prosecuted

Editor

Over N5 billion and $10 million have been retrieved by the Economic and Financial Crimes Commission from government officials and contractors implicated in the fraud involving the turnaround maintenance of the country’s refineries in Port Harcourt, Kaduna, and Warri. According to reliable information obtained , the anti-graft agency was attempting to recoup an additional N10 billion and $13 million that were purportedly embezzled through maintenance contractors. According to information obtained by our correspondent, Ola Olukoyede, the chairman of the EFCC, personally oversaw the probe because he was unhappy with the…

PHOTOS: Security operatives nab suspected vote buyer with N25.9m cash in Kaduna

Editor

A suspected vote buyer in possession of N25,963,000 has been taken into custody by Kaduna security personnel. In several sections of the state, this arrest happened just hours before the bye-elections on Saturday. The suspect, identified as Shehu Aliyu Patangi, was apprehended around 3:30 a.m. by operatives of the Nigeria Police Force in collaboration with the Department of State Services at a popular hotel along Turunku Road in Kaduna metropolis. Initial investigations showed that the large sum of money was meant to entice voters and jeopardize the integrity of the…

Netanyahu has become ‘a problem’, says Danish PM

Editor

As her nation presently holds the EU chair, Danish Prime Minister Mette Frederiksen stated on Saturday that Israeli leader Benjamin Netanyahu has turned into a “problem” and that she will attempt to exert pressure on Israel regarding the Gaza war. In an interview with the daily Jyllands-Posten, Frederiksen declared that Netanyahu was now a problem in his own right and that the Israeli government was gone “too far.” The latest settlement project in the occupied West Bank and the “utterly appalling and catastrophic” humanitarian situation in Gaza were denounced by…

Auctioneers institute unveils growth plan, promotes excellence

Editor

The newly appointed Chairman of CIAN, Ajayi Franklin, called the event “a new beginning in the history of the institute” and said that the Abuja Chapter was ready for innovation, growth, and strengthened professionalism. “We are not just auctioneers; we are professionals, entrepreneurs, and leaders in our respective fields,” Franklin said. The Abuja Chapter of the Certified Institute of Auctioneers Nigeria has unveiled a two-year plan to create a dynamic, inclusive, and forward-thinking community of auctioneers in the Federal Capital Territory. Franklin emphasized that the establishment of a fully operational…

Fire Breaks Out at Yinka Ayefele’s Fresh FM Headquarters in Ibadan

Editor

A fire that destroyed Fresh FM Nigeria’s head office in Challenge, Ibadan, on Friday night has been confirmed by the organization’s management. The station said that the fire outbreak had impacted important facilities, including the studios of Fresh 105.9 FM and Blast 98.3 FM, in a statement issued late Friday by Samson Akindele, Group Head of Corporate Affairs, Fresh FM Nigeria, and Yinka Ayefele Limited. The statement claims that the fire caused significant damage after spreading to other workplaces, including the newsroom, transmitter/server room, and other crucial broadcasting equipment. According…

UNDP, REA partner on clean energy transition

Editor

In order to accelerate Nigeria’s transition to clean energy, foster innovation, and prepare a new generation of experts for a future-ready energy sector, the Rural Electrification Agency and the United Nations Development Programme have inked an agreement. The development was revealed in a statement released by the electrification agency on Friday. Energizing education and innovation, expanding skills development, supporting state-level policy reforms, unlocking innovative finance, and boosting research and public engagement are the five main pillars upon which the relationship will be built. It was formally announced at a signing…