- Perspectives
Why Rivers must prepare for post Fubara era, by Kola Amzat
It’s neither by emotions nor whipping up sentiments. It goes beyond calling for the intervention of elders of Niger-Delta Region. Equally, It’s not by the governor’s appearance at the Church, declaring that peace would soon return to the prodigiously oil & gas endowed enclave in the heart of Niger Delta Region. Peace doesn’t come in the atmosphere of mutual disrespect.…
Read More » - Homeland News
Kwara NSCDC decorates over 200 newly promoted officers, reaffirms commitment to professional excellence
By Mosunmola Ayobami, Ilorin The Kwara State Command of the Nigeria Security and Civil Defence Corps (NSCDC) has decorated a new batch of promoted officers, reaffirming its commitment to professionalism, discipline, and enhanced service delivery across the state. The ceremony, held on Tuesday at the State Command Headquarters, Ilorin, was presided over by the State Commandant, Dr. Umar Mohammed, who…
Read More » - Homeland News
Kwara: Customs seizes N1.2bn worth of smuggled goods in one month
By Mosunmola Ayobami, Ilorin The Kwara Area Command of the Nigeria Customs Service (NCS) has recorded major anti-smuggling breakthroughs, intercepting prohibited and improperly imported goods valued at over N1.2 billion, barely a month after the assumption of office of the Acting Area Controller, DC Najeem Akanmu Ogundeyi. Ogundeyi disclosed this on Tuesday during a press briefing in Ilorin, where he…
Read More » - Economy
Analysts project 400bps MPR cut in 2026
A group of analysts at CardinalStone have projected a 300–400basis points Monetary Policy Rate (MPR) cut in 2026 as macro stability improves, supporting manufacturing output and broader economic growth. Nigeria’s MPR has remained elevated as the Central Bank focuses on curbing inflation and stabilising the macroeconomic environment. At its last MPC meeting, CBN voted to hold the policy rate at…
Read More » - Economy
NBS to normalise December 2025 inflation data amid projected CPI hike
The National Bureau of Statistics (NBS) has announced plans to normalise Nigeria’s inflation figures for December 2025 following projections of a sharp spike in the Consumer Price Index (CPI), which it says is driven largely by technical base effects rather than underlying economic conditions. The disclosure was made on Monday during a virtual stakeholders’ engagement jointly convened by the NBS…
Read More » - Business
Equities market gains N745bn on price appreciation in Aradel Holdings, 48 others
The equities market opened trading activities for this week on a positive note by N745 billion following share price appreciation in Aradel Holdings Plc and 48 others. As a result, the All Share Index (ASI) gained by 946.61 points, representing a growth of 0.58 per cent to close at 163,244.69 points. Also, market capitalisation gained N745 billion to close at…
Read More » - Company Report
Zichis Agro Allied Industries plans to raise N10bn capital through IPO
The management of Zichis Agro Allied Industries has disclosed plans to strengthen shareholders value and market liquidity through a proposed Initial Public Offer (IPO) of up to N10 billion for its working capital. The proposed working capital also for the acquisition of an additional 1,000 hectares of land for oil palm expansion, development of an oil milling plant, and strategic…
Read More » - Economy
Heritage Bank: NDIC declares N24.3bn second liquidation dividend to depositors
Following the revocation of the banking license of Heritage Bank Limited by the Central Bank of Nigeria (CBN) on June 3, 2024, the Nigeria Deposit Insurance Corporation (NDIC) has declared N24.3 billion second liquidation dividend to depositors with balances above the statutory insured limit of N5 million at date of closure Before now, NDIC was appointed as liquidator in accordance…
Read More » - Perspectives
In all, it’s germane we keep wike on our side, by Kola Amzat
The present halt in governance in Rivers State is a political disaster foretold long ago. To be politically-savvy and discerning, it couldn’t have been otherwise. There is no gainsaying the fact that there is palpable tension in all the nooks and crannies of the stupendously endowed oil & gas enclave in the heart of Niger-Delta geopolitical zone. The falcon no…
Read More » - Crime & City Diary
Family Insider raises alarm over disappearance of Eberenna Augustine Obi in Anambra
A member of the Obiorah family has raised a distress call over the sudden disappearance of their son, Eberenna Augustine Obi, whose whereabouts remain unknown following mounting threats and a police search linked to allegations surrounding his private life. According to the family insider, who spoke on condition of anonymity due to safety concerns, what should have been a quiet…
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