Vice President Kashim Shettima has urged global investors to seize the moment and invest in Nigeria. He declared that recent economic reforms have stabilised the financial landscape and created a more attractive environment for international capital. He made this call while hosting a high-level delegation from Citibank, led by the Global Head of Citibank International, Ernesto Torres Cantú, at the Presidential Villa in Abuja. READ ALSO: Tinubu budgeting for transformation, not survival — Shettima “This is the right time to come to Nigeria and the right time to invest in Nigeria,” Shettima said, highlighting the unification of exchange rates as a…
Author: Friday Omosola
Peter Obi, the 2023 presidential candidate of the Labour Party (LP) has described Governor Babagana Zulum’s recent revelation about the presence of Boko Haram collaborators within the political class and armed forces as ‘a damning indictment’ of the Nigerian state. Obi reacted to the Borno governor’s comments in a statement on his X page on Thursday. READ ALSO: ‘Support Tinubu like Southeast govs’, Umahi urges Obi He said the claim, if true, confirms long-standing fears that Nigeria is not only under attack from external terrorist forces but also bleeding from betrayal at the highest levels of leadership. “It is not just…
Femi Otedola, Chairman of FBN Holdings Plc (First HoldCo), has attributed his growing confidence in Nigeria’s financial sector and his over ₦320 billion investment in the group to the economic reforms introduced by the Federal Government and policy shifts by the Central Bank of Nigeria (CBN). Speaking during the 13th Annual General Meeting of First HoldCo Plc on Thursday, Otedola highlighted the transformative impact of recent government initiatives, noting they laid the groundwork for long-term investor confidence. He praised President Bola Tinubu’s administration for taking bold, necessary steps to stabilise the economy. READ ALSO: Tragedy on Otedola Bridge: Private vehicle plunges…
Lagos State Governor, Babajide Sanwo-Olu, has called for greater collaboration between federal and state auditors-general to strengthen Nigeria’s accountability ecosystem. The governor made the call at the 54th bi-annual conference of the Body of Federal and State Auditors-General, held at the Grand Ballroom of the Marriott Hotel, GRA, Ikeja, Lagos. Represented by his deputy, Obafemi Hamzat, Sanwo-Olu spoke on the theme, “Nigerian Accountability Ecosystem: Leveraging on Performance Audit for Effective Governance and Transparency.” READ ALSO: Sanwo-Olu urges ECOWAS to champion inclusive justice He stated that sharing best practices, harmonising audit standards, and investing in capacity building would enhance the nation’s collective…
The 2023 presidential candidate of the Labour Party, Peter Obi, has condemned the corruption in Nigeria. He described the country as a relentless scene of corruption and called for urgent action to end fiscal mismanagement. Obi made these remarks on his X page following recent revelations by BudgIT, which uncovered ₦7 trillion worth of questionable projects inserted into the 2025 national budget. READ ALSO: ‘Stop de-marketing Nigeria’ – Sowunmi to Obi He expressed his belief that this figure represents only a fraction of the actual amount misappropriated. He emphasised that entrenched corruption, which is both persistent and deeply rooted, must be…
Aliko Dangote, President of the Dangote Group, has called on both federal and state governments to prioritise homegrown investors as a strategic step towards attracting foreign capital and stimulating economic development. Speaking at the Taraba International Investment Summit held in Jalingo, Dangote stressed that foreign investors are more likely to show interest in Nigeria when they observe local entrepreneurs thriving and receiving governmental support. READ ALSO: Dangote Refinery slashes petrol price to N835 per litre He noted that domestic investors attract foreign investors, saying, “The only way for you to attract foreign investments or investors is by having local investors. “If…
Lagos State Governor, Babajide Sanwo-Olu, has inaugurated a new set of members into the State’s Civil Service Commission. He urged them to uphold meritocracy, transparency, and innovation in the administration of public service. The ceremony, held at the State House in Alausa, marked a renewed commitment to enhancing service delivery across Lagos State’s public institutions yesterday. READ ALSO: ‘We keep our promises’ – Sanwo-Olu tells workers Boladele Dapo-Thomas, a retired Permanent Secretary and Lagos Island indigene, was named Chairperson of the five-member statutory body. The governor also appointed Fatai Olalekan Lasisi, Lateef Yahaya Olawale, Afolabi Olatunji Sobowale, and Rufus Adekoya Adedapo…
Sule Lamido, former governor of Jigawa State, has revealed that he once directly urged former military president General Ibrahim Babangida (IBB) to step down from office following the controversial annulment of the June 12, 1993, presidential election won by Chief MKO Abiola. Lamido, and one-time National Secretary of the now-defunct Social Democratic Party (SDP) made this disclosure in his autobiography, ‘Being True to Myself.’ The autobiography was launched on 13 May. In Chapter Seven, titled “June 12 Consumes IBB,” he recounted how he received a sudden summons to meet the military ruler and how their conversation unfolded. READ ALSO: Tinubu pledges…
A tragic incident unfolded in Ibadan on Tuesday as a secondary school student en route to sit for the ongoing West African Senior School Certificate Examination (WASSCE) was fatally struck by a stray bullet. The New Daily Prime earlier reported that a student who was heading to sit for the ongoing WASSCE was killed after a stray bullet pierced through his father and struck him. The Oyo State Government has confirmed that the heartbreaking event occurred during a traffic enforcement operation involving officers of the Oyo State Road Traffic Management Authority (OYRTMA) and police personnel. READ ALSO: Police open fire on…
President Bola Tinubu has returned to Abuja after attending the formal installation of Pope Leo XIV at the Vatican. Tinubu touched down at the Nnamdi Azikiwe International Airport on Tuesday evening. The President was received by a high-ranking delegation including Minister of the Federal Capital Territory Nyesom Wike, Secretary to the Government of the Federation George Akume, and APC National Chairman Abdullahi Ganduje. READ ALSO: Pope Leo XIV’s Inauguration: ‘Harness our diversity for prosperity’ — Tinubu Tinubu had departed for Italy on Saturday, arriving at the Mario De Bernardo Military Airport before proceeding to Vatican City for Sunday’s ceremony, where Cardinal…
