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The United Kingdom emerged as Nigeria’s leading source of foreign capital in the first quarter of 2025, accounting for more than 65 per cent of total inflows, according to the latest Capital Importation Report from the National Bureau of Statistics (NBS). Data shows that UK investments surged to $3.68bn (₦5.52tn at ₦1,500/$) in Q1, representing 65.26 per cent of the total $5.64bn inflow. This marks a 29.2 per cent increase
Former Super Eagles forward, Brown Ideye, has officially retired from professional football, closing the curtain on a career that spanned nearly 20 years. The 36-year-old, who was part of Nigeria’s victorious 2013 Africa Cup of Nations (AFCON) squad, made the announcement in an emotional message on his social media pages, describing the decision as one filled with mixed emotions. “After much thought and consideration, with a heart full of mixed
Osun State Governor, Ademola Adeleke, has renewed his appeal to the Federal Government to unfreeze statutory allocations meant for local governments in the state, insisting that their continued seizure is illegal. Adeleke, in a statement on Wednesday, praised the Nigerian Bar Association (NBA), the Council of Obas, and civic groups for backing Osun’s position, commending what he described as their courage to defend the rule of law. “We are vindicated
Marlian Records boss, Naira Marley, has disclosed that the late singer, Ilerioluwa Aloba, popularly known as Mohbad, often directed him to make payments into his partner’s mother’s bank account instead of his own. In a recent interview, Naira Marley recounted that Mohbad first contacted him on November 16, 2020, while receiving treatment for malaria. Barely a month later, on December 21, 2020, the singer provided an account bearing the name
Africa has the potential to emerge as a global leader in renewable energy but must attract investment rather than rely on aid, United Nations Secretary-General António Guterres said on Thursday. Speaking at the Tokyo International Conference on African Development (TICAD) in Japan, Guterres stressed that Africa’s vast solar, wind, and mineral resources should be harnessed to drive sustainable development on the continent and beyond. “We must mobilise finance and technology
Fresh tension is brewing in the Peoples Democratic Party (PDP) ahead of its national convention scheduled for November in Ibadan, Oyo State, as Federal Capital Territory Minister, Nyesom Wike, has openly opposed the exercise. The former Rivers State governor’s resistance is linked to his fallout with Oyo State Governor, Seyi Makinde, and other unresolved disputes within the party. Speaking during a live interview on Politics Today on Tuesday, Wike warned
Prominent Yoruba leaders and elders have stepped in to douse growing tension between the Alaafin of Oyo, Oba Akeem Owoade, and the Ooni of Ife, Oba Enitan Ogunwusi, following renewed hostilities between the two foremost monarchs. The latest dispute erupted after the Alaafin faulted the Ooni’s decision to confer the chieftaincy title of Okanlomo of Yorubaland on businessman Chief Dotun Sanusi at an event in Ibadan last weekend. In a
Gombe State Governor, Muhammadu Yahaya, has criticised the compensation paid by the Federal Government for the takeover of the state-owned National Youth Service Corps (NYSC) orientation camp in Malam Sidi, Kwami Local Government Area. The camp, originally built by former Governor Ibrahim Dankwambo for corps members’ orientation, was converted into a facility for Operation Safe Corridor—the military-led programme for the de-radicalisation, rehabilitation and reintegration of repentant Boko Haram members. Speaking
Two years after the death of his former signee, Mohbad, Nigerian singer Naira Marley has announced plans to publicly share his account of the controversy surrounding the incident. Mohbad passed away in September 2023, sparking widespread speculations and accusations that linked Naira Marley, music promoter Sam Larry, and Marlian Music to his death. Although investigations later cleared him, the artiste has now disclosed that he is ready to address the
