President Bola Tinubu of Nigeria has assured Ghana’s newly inaugurated President, John Dramani Mahama, that he can count on Nigeria’s support during his tenureThe remark was made on Tuesday, 7 January, 2025 during Mahama’s inauguration ceremony at the Black Star Square in Accra. According to Tinubu, Ghana has answered the question of whether Africa is capable of democratic and productive endeavors, and that it is time for Africa’s critics to stop asking the continent to prove itself.Tinubu emphasisized on the importance of African unity and cooperation, adding that the legacy of Ghana’s first President, Osagyefo Dr. Kwame Nkrumah is a guiding…
Author: Abimbola Ogunaike
President Bola Tinubu met with former presidents Olusegun Obasanjo and Goodluck Jonathan on Tuesday, 7 January, 2024 during the inauguration of President John Dramani Mahama of Ghana that took place at the Black Star Square in Accra, the country’s capital. At the inauguration ceremony, Tinubu delivered a keynote address, in which he praised Ghana’s democratic progress and emphasized the importance of African unity and cooperation. He noted that Ghana has answered the question of whether Africa is capable of democratic and productive endeavors, and that it is time for Africa’s critics to stop asking the continent to prove itself. Tinubu also…
The Chairman of the Social Democratic Party (SDP), Shehu Gabam, has disclosed what transpired in his recent meeting with former Kaduna Governor Nasir El-Rufai and allies of ex-Vice President Atiku Abubakar.The closed-door meeting, which took place at the SDP national secretariat, sparked speculations about a possible political merger ahead of the 2027 elections. According to Gabam, the meeting was centered around conversations for a better Nigeria, rather than a political party. “There is no official statement from El-Rufai or any one of them about officially joining SDP,” Gabam clarified. “We are looking for like-minded people who believe in the future…
Delta State Governor Sheriff Oborevwori has debunked reports of his purported plans to defect to the All Progressives Congress (APC).The denial was contained in a statement by his Chief Press Secretary, Sir Festus Ahon. In the statement, Ahon described the rumours as “unfounded and fabricated” by opposition elements in the state. According to Ahon, certain factions within the opposition are feeling threatened by Governor Oborevwori’s growing popularity and his efforts to foster connections across political lines. The Governor’s spokesperson emphasized that Oborevwori has no intention of leaving the Peoples Democratic Party (PDP), citing his wide acceptance within the party and…
China Development Bank (CDB), has approved the first tranche of a $255 million loan for the Nigerian government’s Kaduna-Kano railway project. The bank, which made this disclosure on in a statement issued on Tuesday, 7 January, 2025, said the loan will provide crucial financial backing to ensure the smooth construction of the transportation initiative. The railway is on the list of practical cooperation deliverables released during the third Belt and Road Forum for International Cooperation in 2023. CBD said the railway project has been making steady progress, so far, adding that going forward, it will closely coordinate with Nigerian partners…
Gunmen on Sunday, 5 January, 2025 invaded Gana town in Zamfara State and abducted no fewer than 46 people, including women and children. According to Reuters, residents said the attack occurred around 10 pm on Sunday, 5 January, 2024. It was gathered that scores of gunmen on motorbikes reportedly attacked the town while shooting sporadically, burning several homes and businesses. The incident comes about a month after gunmen reportedly kidnapped 43 persons in Kakidawa, Gidan Goga district, Maradun Local Government Area of Zamfara State. According to eyewitnesses, the gunmen shot sporadically, causing residents to scamper into nearby bushes. They said…
Ogun State Police Command has raised concerns over a significant increase in reports of missing persons in the state. The Ogun State Police Command Public Relations Officer, Omolola Odutola, made this disclosure in a statement issued in Abeokuta on Tuesday, 7 January, 2024 Odutola, who stated that the command had noticed an unprecedented rise in the number of missing persons across all age groups, added that only a small fraction of the individuals had been found, with many regrettably not returning home. The police image maker urged residents to remain vigilant and more security-conscious while prioritising their safety. She further…
Ahead of the 2027 general elections, a chieftain of the All Progressives Congress( APC), Joe Igbokwe, has urged those aspiring for the presidency to bury the idea of contesting for the number one seat in the land.. This comes amid speculations that the presidential candidate of the Labour Party in the 2023 election, Peter Obi, and his Peoples Democratic Party, PDP, counterpart, Atiku Abubakar, are teaming up to sack President Bola Tinubu in the coming election. A post shared by Igbokwe on his official Facebook page warned those nursing presidential ambitions to desist, stating that Tinubu would remain Nigeria’s president…
The Nigerian Exchange market recorded its first loss in 2025 as investors shed N152 billion following sell-offs of Tier-one banking stocks. The market capitalisation, which opened at N63.203 trillion, lost N152 billion, or 0.24 percent, to close at N63.051 trillion. Notably, losses in Zenith Bank, United Bank for Africa (UBA), Access Corporation, Oando Plc, Dangote Sugar, and Nigerian Breweries, alongside other declined equities, pushed the market on the negative side. The All-Share Index also lost 0.24 percent, or 249.42 points, to close at 103,398.82, against 103,648.24 recorded on Monday. As a result, the Year-To-Date (YTD) return decreased to 0.46 percent.…
Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN), has announced that it will sign a direct purchase agreement with three Nigerian refineries. The National President of PETROAN, Billy Gillis-Harry, and the Secretary, Adedibu Aderibegbe, made this disclosure in a notice on Tuesday, 7 January, 2024. According to the notice, the agreement is expected to kick off on Wednesday, 8 January, 2025 to ensure affordable petroleum products for Nigerians nationwide. “This is to inform you that PETROAN will be signing a Sales Purchase Agreement (SPA), with Allegiance Energy and Power Limited, a Refined Petroleum Products Offtake and Sales Agreement with…