- Crime & City Diary
Enugu recovers ₦1.27bn from Sujimoto CEO over abandoned smart school projects
The Enugu State Government has recovered ₦1.27 billion from Olasijibomi Ogundele, chief executive officer of Sujimoto Luxury Construction Ltd., following investigations by the Economic and Financial Crimes Commission (EFCC) into the alleged diversion of funds meant for the construction of Smart Green Schools in the state. The recovered sum, part of payments made for projects reportedly abandoned or largely unexecuted,…
Read More » - Perspectives
Looking past the Davos applause for Canada’s Prime Minister, by Gimba Kakanda
I feel goosebumps watching Mark Carney, the Prime Minister of Canada, deliver this speech at the World Economic Forum in Davos, and for students of history, it must evoke the knowledge of smaller powers rising up to a bully that begins to cross the boundaries of tolerance, just as European states came together to stop Napoleon. But there’s nothing the…
Read More » - Development
Electric cars will dominate Nigeria’s roads within 20 years — Wale Tinubu
The Group Chief Executive Officer of Oando Plc, Wale Tinubu, has projected that electric vehicles (EVs) will make up 50 percent of all vehicles in Nigeria within the next two decades. Tinubu made the projection on Tuesday during an interview with Arise News TV on the sidelines of the World Economic Forum (WEF) in Davos, Switzerland. He noted that global…
Read More » - Crime & City Diary
Forfeiture looms as court sets Jan 26 for Useni-Ozekhome property case
A federal high court in Abuja has scheduled January 26 to deliver its ruling on the final forfeiture of a London property allegedly linked to the late Jeremiah Useni, a former minister of the Federal Capital Territory (FCT). The court took the decision after no individual or representative of Useni’s estate appeared within the statutory 14-day period to show cause…
Read More » - Global News
China tells Davos forum it never pursued trade surplus, vows to import more
China never deliberately pursued a trade surplus and is willing to be “the world’s market”, Vice Premier He Lifeng told the World Economic Forum on Tuesday, after the manufacturing giant logged a record surplus that will further unnerve its trade partners. China is willing to leverage its “mega-sized market” and “more vigorously” expand imports, He said at the WEF’s annual…
Read More » - Perspectives
Fela: Stoning the orange tree, by Folorunso Adisa
When the Yoruba, in their enduring ingenuity, coined the saying “Ọmọ osàn ni ń kọ́ pọnpọ́ bà ìyá ẹ”(that it is the orange fruit that makes us stone the orange tree) they may well have been anticipating a moment like this. It is difficult to find anyone who does not revere the memory of Fela Aníkúlápó Kuti. Musicians who walked…
Read More » - Global News
Xiconomics: China’s vision for an open world economy in a turbulent era
In a world fracturing along economic faultlines, Chinese President Xi Jinping offered a clear compass. “Countries cannot thrive without an international environment of open cooperation, and no country can afford to retreat into self-imposed isolation,” he reminded global audiences. The 2026 World Economic Forum (WEF) Annual Meeting opened on Monday in the snowy Swiss resort of Davos. As global leaders…
Read More » - Global News
Carney says old world order ‘is not coming back’
Prime Minister Mark Carney affirmed Canada’s commitment to Greenland and urged world leaders to reject economic coercion from “great powers”. Canadian Prime Minister Mark Carney said the “old order is not coming back” and urged fellow middle powers to come together in a speech at the World Economic Forum in Davos, Switzerland. “Middle powers must act together because if we’re…
Read More » - Perspectives
Ibadan is Oyo, by Lasisi Olagunju
On Monday, 25 March, 1946, Chief I. B. Akinyele, Chief James Ladejo Ogunsola, Messrs D. T. Akinbiyi and E. A. Sanda, the very cream of the Ibadan educated elite, met behind closed doors with Oyo town delegates at the secretariat in Ibadan. One of them got home that day and wrote in his diary that they “could reach no agreement…
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NLNG v. NIMASA (2026), by Mide Alabi
The first time I met Dr. Babs Omotowa, the former CEO of Nigeria LNG, I was struck by how calm he seemed. It was surprising because, if you’ve read his book, From Storeroom to Boardroom, then you know the man has weathered storms that would make most CEOs crumble. He wrote about a company that was battling market forces while…
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