By Kolawole Ojebisi Former President Olusegun Obasanjo has identified a host of reasons why African nations depend on handouts from foreign nations, particularly those in the West, for survival. He spoke on Thursday during a panel session at the Afreximbank Annual Meeting themed “African Renaissance in an Era of Turbulence: Are the Lions Still on…
By Kolawole Ojebisi From all indications, President Bola Tinubu may not extend the state of emergency imposed on Rivers State after the expiration of the declared six-month as being speculated in some quarters. This is as Tinubu, for one last time, waded into the political crisis in the oil-rich state, urging the warring factions to…
By Kolawole Ojebisi Minister of the Federal Capital Territory and former Rivers State Governor, Nyesom Wike, has confirmed that the rift between him and his successor and suspended governor of Rivers State, Siminalayi Fubara, has been settled. Wike said that both parties agreed to sheathe their swords following the intervention of President Bola Tinubu who…
By Abiola Olawale Proton Energy Limited, a leading Nigerian energy company, has signed a Project Preparatory Fund Agreement with the African Export-Import Bank (Afreximbank). The deal was signed by the founder and Chief Executive Officer (CEO) of Proton Energy Ltd, Mr Oti Ikomi, and the Executive Vice President of the Intra-African Trade Bank, Afreximbank, Kanayo…
By Kolawole Ojebisi A former Senator from Kaduna State, Senator Shehu Sani, has expressed reservation about the rift settlement facilitated by President Bola Tinubu between the Minister of the Federal Capital Territory (FCT), Nyesom Wike and the suspended Rivers State governor, Siminalayi Fubara. Sani, who maintained that the development is good news, stressed that the…
By Kolawole Ojebisi The Federal Government has stated that individuals and organisations still have over six months before the implementation of the newly signed four tax fiscal laws which will commence by 1st January 2026. This was disclosed by the Chairman of the Federal Inland Revenue Service, Zach Adedeji, while addressing State House correspondents shortly…
By Abiola Olawale President Bola Ahmed Tinubu has signed four tax reform bills recently passed by the National Assembly into law. Tinubu assented to the four bills during a short ceremony at the Presidential Villa on Thursday. The ceremony was attended by the leadership of the National Assembly, including the President of the Senate, Senator…
By Abiola Olawale The Lagos State Government has launched a formal investigation into the demolition of a property owned by the younger brother of the 2023 Presidential candidate of the Labour Party, Peter Obi, in Ikeja, Lagos State. In a statement issued on Thursday, Commissioner for Information and Strategy, Gbenga Omotoso, denied the government’s involvement…
By Kolawole Ojebisi Former Peoples Democratic Party, PDP, National Publicity Secretary, Kola Ologbondiyan, has said the acting chairman of the party, Umar Damagum, has opened the floodgates of crisis by what he described as "unilateral" decision to reinstate Samuel Anyanwu as the party's National Secretary. Ologbodiyan spoke on Thursday during an interview on Arise Television.…