Category: Politics

The Emir of Kano, Muhammadu Sanusi II has said that Nigerian politicians are responsible for the decline in societal values. The monarch stated this on Tuesday at the 2024 Annual Conference of the Nkata Ndi Inyom Igbo (NNII) held in the nation’s capital. He urged the country leaders to prioritise integrity over material wealth According…

The Chairman of the Abia State chapter of the Labour Party (LP), Emmanuel Otti, has debunked the rumours that Governor Alex Otti worked against the party in the last council poll. Naija News recall that the ruling party in the state lost to candidates of the Zenith Labour Party (ZLP) in the local government election…

The Edo State Governorship Election Petition Tribunal will commence sitting on Monday in Benin City to address petitions challenging the victory of the All Progressives Congress (APC) candidate, Monday Okpebholo, in the September 21, 2024 governorship election. The Secretary of the Tribunal, Muazu Bagudu, confirmed the development on Tuesday, noting that pre-hearing sessions will begin…

Former presidential aide and ex-Director General of the Peter Obi 2023 Presidential Campaign Organisation, Dr. Doyin Okupe, has declared that the presidency will remain in the South come 2027, dismissing any potential shift of power to the North. Speaking in an interview with The Sun, Okupe acknowledged the growing mobilization among northern elites and young…

The Rivers State High Court sitting in Port Harcourt has nullified the suspension of Awaji-Inombek Abiante, the federal lawmaker representing Andoni-Opobo/Nkoro federal constituency, from the Peoples Democratic Party (PDP). The suspension, announced in May by a factional PDP Ward Caretaker Executive loyal to the FCT Minister, Nyesom Wike, had accused Abiante of anti-party activities. The…

The All Progressives Congress (APC) has denied any association with an alleged splinter group, Team New Nigeria (TNN), asserting that its members are not recognized as part of the ruling party. On Sunday, TNN announced its departure from the APC, stating its intention to establish a new political party aimed at addressing Nigeria’s challenges, including…

.. Toyota Motor Corporation reported a ninth consecutive month of decline in global production for October, primarily due to significant reductions in output in the United States and China. However, the 0.8 per cent decrease, amounting to 893,164 vehicles, marked an improvement compared to the steeper 8 per cent drop recorded in September. In…

Crusoe Osagie, a Media Adviser to former Governor of Edo State, Godwin Obaseki, has lampooned All Progressives Congress (APC) chieftain, Adams Oshiomhole, describing him as an individual afflicted with persistent deceit across various aspects. In a statement made available to Naija News on Monday, Osagie said given the Senator’s propensity for double-speak and his remarkable…

A chieftain of the All Progressives Congress (APC), Jesutega Onokpasa, has threatened that he and many other loyalists of the party may not support President Bola Tinubu in the 2027 elections. According to him, President Tinubu is insulting them by the kind of people he is giving appointments to in his administration. The APC chieftain…

Abdulrasheed Shehu, an aide to former Vice President, Atiku Abubakar, has said the idea of a merger or alliance with the 2023 presidential candidate of the Labour Party (LP), Peter Obi, remains a possibility. Naija New reported that Atiku and Peter Obi reignited discussions around the possibility of both uniting for a run at the…

.. The Organisation of Petroleum Exporting Countries (OPEC) and allies, known as OPEC+, has postponed its ministerial meeting to December 5. In a statement on Thursday, the oil alliance said the meeting was initially slated for December 1 but had been postposed, causing anxiety among members. According to the international organisation, the meeting was…

Former President Goodluck Jonathan has admonished Rivers State Governor, Siminalayi Fubara to remain strong despite the political challenges confronting him in the state. Jonathan noted that the challenges Governor Fubara is facing at the moment, are part of the experiences that will turn him into a “General” in politics. The former President made the submission…

.. First City Monument Bank (FCMB) Group has announced plans to hold an Extraordinary General Meeting (EGM), where shareholders will deliberate on several strategic resolutions. The meeting is aimed at strengthening the company’s capital base and enhance its operational capabilities in both the domestic and international markets. According to a notice to the Nigerian…

.. The Development Bank of Nigeria Plc has emerged winner of the Financial Inclusion Leadership Award. This is in recognition of the Bank’s unwavering commitment to fostering access to financing for the Nigerian micro, small and medium enterprises. The award was bestowed on DBN at the “Champions of Inclusion Nigeria Financial Inclusion Awards” during…

.. The Securities and Exchange Commission (SEC) has stressed the critical role of a robust, inclusive, and innovative capital market in driving Nigeria’s economic stability and resilience. Speaking at the annual conference of the Institute of Capital Market Registrars (ICMR) in Lagos, the SEC’s Director-General, Dr. Emomotimi Agama, highlighted the Commission’s focus on enhancing…

.. The Dangote Refinery has stirred reactions from Nigerians on micro-blogging platform, X, after launching an online campaign to market its Premium Motor Spirit (PMS), otherwise known as petrol. The marketing strategy has been likened by some Nigerians as “hawking” petrol. The . features a creative on X that reads: “High Quality PMS (Petrol)…

.. Vice President of Technology at Kuda, Oladipo Aina has emphasised the importance of collaboration, innovative technology, and empathetic customer engagement in the fight against fraud within the financial services sector. Speaking at TechConnect 4.0, a conference organised by Interswitch Group, Aina joined a panel to discuss strategies for navigating the future of financial…

A member of the House of Representatives from the Ideato North South Federal Constituency of Imo State, Ikenga Ugochinyere, has disclosed that some leaders of the Peoples Democratic Party (PDP) are considering a merger ahead of the 2027 general election. Ugochinyere made this revelation on Saturday during an address in his hometown, where he also…

.. … Komolafe Pledges More Revenue With 1MBPD Initiative, Others The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has surpassed its revenue target by 49 per cent when global hydrocarbon producers are witnessing lower royalties and weak margins. The achievement is coming despite onslaughts on oil and gas investments due to the global push for…

The study, which examined businesses across 10 African countries, reveals a striking trend: 37% of surveyed companies now prefer trading with African partners, compared to just 24% with Asian markets, 16% with European markets, and a mere 3% with North American markets. Rising Preference for African Markets Notably, businesses from Namibia (75%), Tanzania (48%), and…