It was time to install a new king. The process was simple; consult the oracle and let the gods decide. There were two princes contending the throne, Aderopo and Adebiyi. Adebiyi was loved by everybody. He was educated, generous and handsome. He rebuilt the village primary school and every year he bought books and uniforms…
By Bola Bolawole [email protected] 0807 552 5533 (Published in the TREASURES column on the back page of the New Telegraph newspaper edition of Wednesday 3 August, 2025). “Last week we postponed discussion on the coming governorship elections in Ekiti and Osun states…” “Yes! Nigeria has become a country of one day, one trouble. If you…
Key Takeaways Forbes found finance and investments leads the top sources of billionaire wealth (464 billionaires) in 2025. Technology is the second-most common sector for billionaires (401), adding 59 new names since 2024. The world’s ultra-rich aren’t evenly spread across either the globe or the economy. Instead, their fortunes tend to cluster in a handful of high-growth, high-margin industries. This…
By Ebun-Olu Adegboruwa, SAN Duration and Renewal: If the Proclamation is approved by the National Assembly as required by the Constitution, the Proclamation shall be in force for six months. It is subject to renewal for another six months through a resolution by each House of the National Assembly. That approval has several meanings in…
By Obinna Uballa Human rights lawyer and former Nigerian Bar Association Vice President, Dr. Monday Onyekachi Ubani, has said there is no constitutional provision barring former President Goodluck Jonathan from contesting the 2027 presidential election. This is as political speculation about Jonathan’s 2027 ambition continues to intensify. Sources close to the former president disclosed that…
By Sonny Iroche In the intricate tapestry of Nigeria’s federal republic, the structure of governance is designed to distribute power and responsibilities across multiple layers, fostering development from the grassroots to the national level. With one President and one Vice President at the helm, 36 states each governed by elected executives, and 774 Local Government…
Key Takeaways In 2024, U.S. oil consumption stood at 19 million barrels per day, a change of -0.1% from the previous year. China follows next, with 16.4 million barrels per day, changing -1.2% over the year. Over the past decade, India’s oil consumption has grown at one of the fastest rates globally, increasing 3.8% on…
By Sonny Iroche- Leader, Abia League of Professionals Initiative. On this special occasion, we celebrate the remarkable life and contributions of General Ike Oma Sanda Nwachukwu, an officer and a gentleman, whose illustrious career as a journalist, soldier, General Officer Commanding (GOC), Military Governor, Minister of Foreign Affairs, Minister of Labor, and former Pro-Chancellor of…
By Sonny Iroche Nigeria’s macroeconomic environment, characterized by its dependence on oil and gas revenues, evolving fiscal policies, and a dynamic financial sector, provides a complex backdrop for evaluating the Central Bank of Nigeria’s (CBN) recent mandate to raise minimum capital requirements for banks. The CBN’s March 2024 directive increased the minimum capital base for…