Author: Ifetayo Adeniyi

Manny Ita  – A major national art exhibition titled A Nation in Portraits opened on Tuesday at the A-Class Event Centre in Abuja, drawing dignitaries, art enthusiasts and members of the public to a showcase that blends hyper-realism with national reflection. Curated by Artifact Galleries, the exhibition features strikingly detailed portraits of prominent Nigerian leaders alongside notable international figures, each piece rendered with meticulous precision to capture both likeness and legacy. Organisers described the exhibition as “a visual chronicle of leadership and influence,” noting that the collection is intended to spark dialogue around history, governance and identity through the lens…

Manny Ita  – The European Union has announced a €290 million investment package targeted at strengthening Nigeria’s digital economy and agricultural sectors, in what officials describe as a strategic move to deepen economic cooperation and support sustainable development in Africa’s largest economy. The funding initiative is expected to prioritize innovation, infrastructure, and value-chain development, with a focus on job creation and inclusive growth. According to EU representatives, the investment will be deployed through a mix of grants, technical assistance, and blended financing mechanisms designed to attract additional private sector participation. “This package reflects our long-term commitment to Nigeria’s development and…

Manny Ita  – Nigeria’s women’s national cricket team is currently in action against Rwanda in the ongoing Nigeria Invitational T20I Tournament, as both sides battle for early dominance in the competition amid growing attention on the sport’s development across Africa. The match, taking place under competitive conditions, has drawn interest from cricket stakeholders and fans eager to see how the Nigerian side measures up against one of East Africa’s most consistent teams in the shorter format of the game. Officials say the tournament is designed to “strengthen regional competition and provide valuable exposure for emerging talents.” A team official noted…

Manny Ita  – Africa’s richest man, Aliko Dangote, has warned that escalating global oil prices driven by renewed tensions in the Middle East could compel governments and businesses to reconsider work-from-home arrangements as a cost-containment measure, following a meeting with President Bola Ahmed Tinubu. The meeting, held at the Presidential Villa in Abuja, focused on the economic implications of sustained volatility in the international oil market, particularly its knock-on effects on transportation, inflation, and productivity in Nigeria. Dangote was said to have briefed the president on emerging trends, noting that rising fuel costs could place additional strain on households and…

Manny Ita  – Former Kaduna State Governor Nasir El-Rufai was on Tuesday arraigned before the Federal High Court sitting in Kaduna by the Independent Corrupt Practices Commission (ICPC), in proceedings marked by heavy security presence and heightened public interest. The former governor arrived at the court premises under tight security, with armed personnel deployed around the complex and access roads cordoned off to control movement. Court officials confirmed that the charges were formally read, although details of the counts were not immediately disclosed in open court at the time of filing this report. Counsel to the ICPC told the court…

Manny Ita  – Fresh political realignments may be underway ahead of Nigeria’s 2027 general elections following a high-level meeting between Peter Obi and Rabiu Kwankwaso in Kano, a development that has intensified speculation about a possible coalition among key opposition blocs seeking to challenge the ruling establishment. Sources familiar with the meeting confirmed that both men held closed-door discussions in Kano, the political stronghold of Kwankwaso and the base of the influential Kwankwasiyya movement, although details of the deliberations remain closely guarded. The talks are believed to have centered on the prospects of forging a united front that could include…

Unilever Nigeria Plc has reported a profit after tax of N32.199 billion for the full year 2025, driven by strong revenue growth and improved operational efficiency. This was contained in the Company’s audited financial results for the year ended December 31, 2025 released on the Nigerian Exchange Limited. The Company’s turnover stood at N214.302 billion which represents 43 per cent increase from N149.523 billion turnover recorded in the corresponding period of 2024. Cost of sales rose to N124.777 billion as against N94.374 billion achieved in 2024, while gross profit rose 62 per cent to N89.525 billion from N55.149 billion in…

While Nigeria’s deepening electricity crisis persists, the Minister of Power, Adebayo Adelabu has stated that the federal government was moving to tackle the persistent gas shortages constraining generation. The minister’s words came, as growing public frustration over erratic electricity continues and as generation levels continue to fluctuate due largely to inadequate gas supply to thermal power plants, which account for the bulk of Nigeria’s installed capacity. Industry data in recent months have shown repeated dips in output, with several plants, as much as 68 per cent of them, unable to operate optimally due to gas supply constraints and payment disputes…

In February, the shortfall widened significantly, with production averaging about 1.48 million barrels per day, leaving a gap of around 360,000 barrels per day. Nigeria recorded a combined crude oil and condensate production shortfall of about 16.6 million barrels in January and February of 2026, according to a THISDAY analysis of data released by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC). The data highlighted a persistent gap between projected and actual performance in the oil sector, despite assurances by key government agencies, especially against the backdrop of the 1.84 million barrels per day benchmark oil production in the 2026 federal…

Finland Ambassador to Nigeria, Sanna Selin, third from the right. Photo: Finland Embassy Nigeria Elegbede Abiodun “Finland’s development and training company, HAUS, will lead the implementation in partnership with Estonia’s development agency, ESTDEV, bringing together European expertise in digital government and public-sector innovation.” The Government of Finland has announced it will lead a €23 million Team Europe Initiative aimed at strengthening Nigeria’s digital public services and supporting the rollout of the 3 Million Technical Talent programme. The initiative, funded by the European Union, will be implemented by Finland’s development and training company HAUS in partnership with Estonia’s development agency ESTDEV,…