Tag: Naija News

‘How’s the market?’ Presidency taunts opposition parties

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Following the All Progressives Congress’s resounding victory in Saturday’s bye-elections, the Presidency took a scathing stab at opposition leaders Peter Obi, a past presidential candidate for the Labour Party, and Atiku Abubakar of the African Democratic Congress. “How is the market now?” was the caption for a picture of Atiku, Obi, and other ADC leaders that presidential spokeswoman Bayo Onanuga shared on X on Monday. —a blatant jab at the opposition’s poor polling results. He did not mention specific names, but the meaning was clear: it was a subliminal jab…

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

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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…

Awujale stool: Family kicks over exclusion from royal lineage

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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

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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

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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

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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…

Auctioneers institute unveils growth plan, promotes excellence

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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…

PDP inaugurates 44-member zoning committee, demands Wike’s total loyalty

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The Peoples Democratic Party established a 44-member zoning committee in advance of its National Elective Convention, which is set for November 15 and 16 in Ibadan, Oyo State. The group is tasked with making decisions that would determine the party’s future and rebuild public trust. Acting National Chairman Umar Damagum stated during the inauguration ceremony in Abuja on Thursday that the panel, which is led by Bayelsa State Governor Douye Diri, will guarantee equity in the distribution of National Working Committee seats. He emphasized that in addition to deciding the…

Budget 2025: Fund Requests Suspended by Accountant-General, Leaving Ministries in a Dilemma

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The Federal Government may extend the 2025 budget into 2026, as slow capital project implementation, procurement delays, and a shutdown of the cash-planning portal have left many projects stalled about eight months into the fiscal year. The possibility of a rollover came to light at a stakeholders’ engagement in Abuja on Wednesday, organised by the Office of the Accountant-General of the Federation to review progress and challenges in implementing the extended 2024 capital budget and the 2025 capital budget under the Bottom-Up Cash Planning Policy. Before any contract is signed,…

Freed Ibom Air Passenger Gets N500,000 Job, Luxury Trip

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Comfort Emmanson, the Ibom Air passenger who was just released from Kirikiri prison, has been given a paid position and a fully compensated trip by Ossai Success, the Delta State Governor’s Senior Special Assistant on Media. Ossai declared in an Instagram post on Wednesday that Emmanson in Delta State will henceforth receive a monthly salary of N500,000. Flight tickets, lodging in a five-star hotel, a guided tour, and admission to the Delta Social Media Summit in Asaba on August 28 are also included in the package. “As the Big Heart…