Author: Ifetayo Adeniyi

Manny Ita ​President Bola Tinubu departed the federal capital of Abuja on Tuesday morning for a brief working visit to France. The trip, confirmed by an official statement from the Presidency, is designed to enhance diplomatic and economic cooperation between Nigeria and France. Government officials have indicated that the visit will prioritize the negotiation and strengthening of bilateral agreements, specifically targeting the energy and security sectors as part of a broader effort to attract foreign investment and stabilize regional peace. ​According to the executive statement, the visit “is intended to strengthen diplomatic and economic ties between the two nations,”…

Manny Ita Fintech operators in Nigeria have called on the Central Bank of Nigeria (CBN) to establish a clear definition of cryptocurrency-related activities permitted for licensed institutions. According to the CBN’s newly released Fintech Report, published on Monday, February 2, 2026, industry stakeholders maintain that persistent regulatory ambiguity is currently constraining innovation, investment, and institutional participation within the digital asset ecosystem. The report, which synthesized findings from nationwide surveys and workshops, indicates that while fintech firms recognize the potential for crypto assets to facilitate cheaper cross-border payments and expand financial inclusion, the lack of a formal framework remains a…

Approval of President Tinubu to commence drilling oil well stirs clash between Ogun and Ondo states over Eba Island By Elegbede Abiodun Rumours of oppositions have escalated between Ogun State and Ondo State over the ownership of Eba Island since President Bola Ahmed Tinubu has given approval of oil drilling activities at an abandoned well located on the oil-rich island in the South-West. The Ogun State Government reaffirmed its claim over Eba Island, located in Ogun Waterside Local Government Area, dismissing competing assertions by Ondo State as misleading and potentially inflammatory. In a statement issued on Sunday, the Special…

Manny Ita During a high-level policy session on February 3, 2026, Ade Adefeko of Olam Agri called for a fundamental shift in the continent’s economic strategy, urging a transition from “inherited financial models” to a self-reliant “For Africa, by Africa” framework. Addressing a panel that included the Honorable Minister Dr. Jumoke Oduwole, Adefeko argued that traditional Western financial structures—often characterized as rigid and collateral-heavy—have historically failed to account for the unique economic climate of the continent. He asserted that Africa is no longer merely a “risk to be managed,” but rather a “frontier to be cultivated,” requiring patient and…

Manny Ita Dubai officially secured a Guinness World Record on Sunday morning for the largest Lagree fitness class ever conducted, featuring 253 participants at the DIFC Gate. The event, organized by Longevity Wellness Hub in partnership with DIFC and Lagree Fitness, saw attendees performing high-intensity, low-impact movements on patented Microformers against the backdrop of the city’s skyline. Guinness World Records officials were present on-site to verify the numbers and certify the achievement as the largest gathering of its kind in history. ​Sebastien Lagree, the founder of the Lagree Method, traveled to Dubai to personally lead the record-breaking session, which…

Manny Ita The Lagos State Government has announced a $2 million commitment to the Water Cities Project, designating the initiative as the primary framework for the regeneration of the Makoko waterfront settlement. The disclosure was made on Monday, February 2, 2026, by the Commissioner for Information and Strategy, Gbenga Omotoso, and the Special Adviser to the Governor on E-GIS and Urban Development, Babatunde Olajide. This funding follows recent enforcement actions and demolitions in the area, which state officials have defended as essential components of a safety-driven urban renewal program designed to protect residents living in hazardous conditions. ​According to…

Lagos gives assurance of partnership for investors advantages, developments ~ Sanwo-Olu Lagos State Governor, Babajide Sanwo-Olu. Credit: X | Babajide Sanwo-Olu Lagos State Governor, Mr Babajide Sanwo-Olu, has called on local and international investors to take advantage of opportunities in the state, assuring them of the government’s readiness to partner for development. He assured investors of his administration’s commitment to providing infrastructure, as well as a safe and secure environment for businesses in the state. Sanwo-Olu gave the assurance on Monday at the Nigeria–UAE Investment Forum, tagged “Investopia Global Africa,” hosted by the Federal Ministry of Industry, Trade and Investment…

Manny Ita The Federal Government, in collaboration with the Environmental Health Council of Nigeria (EHCON) and various stakeholders, has activated the National Emergency Response Initiative on Environmental Public Health Impacts of Greenhouse Gas Emissions (NERI-EPHIGGE). Minister Lawal announced that this initiative establishes a coordinated national framework designed to implement both immediate and long-term interventions through enhanced environmental health regulations and stricter enforcement. The comprehensive response plan involves the creation of environmental health surveillance and response units across the country, alongside the promotion of cleaner energy, sustainable industrial practices, low-emission transport systems, and large-scale public awareness campaigns focused on behavior…

Toyin Abraham reacts to Kunle Afolayan’s ₦10m box office release By Elegbede Abiodun Toyin Abraham’s management has clarified the statement credited to filmmaker Kunle Afolayan on box office earnings, stating that his reference to a producer making ₦10m from a ₦1bn or ₦2bn cinema gross was sarcastic and not a literal claim. In the reaction issued on Monday by the actress’s manager, Samuel Olatunji of The Hype Agency, the management said Toyin had received several calls and messages requesting her reaction to Afolayan’s recent remarks on film profitability and promotion in Nollywood. It explained that Abraham understood the broader…

Manny Ita The Minister of the Federal Capital Territory, Nyesom Wike, has formally signaled his entry into the political landscape of Oyo State, asserting a direct interest in the institutional health of the party within the region. Speaking on Tuesday, February 3, 2026, the Minister clarified that his involvement is primarily motivated by the need to ensure the “survival of party in the state” following recent internal shifts. Wike, a prominent and often polarizing figure within the national political sphere, indicated that his presence in Oyo is intended to provide strategic direction and stabilize local structures ahead of upcoming…