Author: Ifetayo Adeniyi

Naira To Trade Below ₦1,000/$1 Before Year-End ~ Otedola Elegbede Abiodun … influenced by Dangote Petroleum Refinery’s impact. Billionaire businessman Femi Otedola has expressed optimism that the naira could trade below ₦1,000 to the dollar before the end of the year, citing the operational impact of the Dangote Petroleum Refinery. Otedola made this known on his X platform, while congratulating President of Dangote Group, Aliko Dangote, on the refinery’s attainment of its full production capacity of 650,000 barrels per day. According to him, the refinery’s capacity to supply up to 75 million litres of Premium Motor Spirit (PMS) daily marks…

See 14 Reasons Nigerians Should Own Property With The Trusted Real Estate Brand As part of activities marking its 14 years of transforming Nigeria’s real estate landscape, Adron Homes and Properties has unveiled 14 compelling reasons why individuals and families should consider owning property with the company reinforcing its commitment to accessible, stylish, and sustainable homeownership. In a statement released by the company, Adron Homes described property ownership not just as an investment but as a strategic lifestyle decision rooted in long-term security, wealth creation, and community development. The company noted that over the past 14 years, it has remained…

Manny Ita  – The former Governor of Kaduna State, Nasir El-Rufai, has raised an alarm over an alleged coordinated attempt by the National Security Adviser (NSA), Nuhu Ribadu, to effect his arrest and detention upon his return to Nigeria. In a confidential briefing memo dated February 10, 2026, and subsequent public statements, the former governor alleged that the move is part of a broader campaign of political intimidation directed at opposition figures ahead of the 2027 general elections. El-Rufai, who recently defected to the African Democratic Congress (ADC), claimed that several of his close associates have already been detained as…

Manny Ita  – ​British-Nigerian social commentator Abisoye Olukoya Michael, popularly known as Oyemyke, has sparked significant conversation online after robustly defending members of the Igbo elite who have declared support for President Bola Ahmed Tinubu. Addressing the criticism leveled against these leaders, Oyemyke argued that political alignment is a matter of individual and strategic choice rather than ethnic obligation. He directly addressed those questioning the loyalty of Igbo leaders, stating, “Let them support Yoruba man,” as he emphasized that political interests often transcend tribal sentiments in the pursuit of national development and inclusion. ​The media personality took particular aim at…

Nigeria secures permanent seat on African Central Bank board at AU Summit Foreign Affairs Minister, Yusuf Tuggar The minister said the session also witnessed the successful election of candidates collectively endorsed by the Economic Community of West African States into Council Nigeria has secured a permanent seat on the Board of the African Central Bank (ACB) following a decision by the Executive Council of the African Union (AU), the Ministry of Foreign Affairs has announced. The Minister of Foreign Affairs, Yusuf Tuggar, disclosed the development in a statement on Friday, describing it as a major diplomatic and institutional milestone that…

How Novice Nigerians got killed in Ukraine-Russia war Ukraine’s Main Intelligence Directorate has confirmed the deaths of two Nigerian citizens who were killed while serving in the Russian military during the ongoing Ukraine conflict. In a statement released Thursday, the intelligence agency identified the deceased as Hamzat Kazeen Kolawole, born April 3, 1983, and Mbah Stephen Udoka, born January 7, 1988. Both men died in late November during a drone strike in the Luhansk region as Russian forces attempted to storm Ukrainian positions. According to the statement, titled “Nigerians in a meat assault — the number of identified dead Russian…

INEC picks February 20, 2027 for presidential election The Independent National Electoral Commission has announced that the 2027 Presidential and National Assembly elections will hold on February 20, 2027, with governorship and State Houses of Assembly polls scheduled for March 6, 2027. The INEC Chairman, Prof. Joash Amupitan, disclosed the election timetable at a news conference in Abuja on Friday. The announcement comes amid growing concerns over the delayed passage of the amended Electoral Act currently before the National Assembly. INEC had on February 4 indicated that it had completed work on the election timetable and schedule of activities…

IKEDC Announces Feb 20 Deadline For Customer Tax Details The Ikeja Electricity Distribution Company has asked all its customers to submit valid identification details on or before February 20, 2026, to avoid disruption of electricity services. The company made this known in a public notice issued in Lagos on Wednesday. It said the request is in line with the Nigeria Tax Act (2025), which took effect on January 1, 2026. Under the new law, every invoice issued in the country, including electricity bills, must contain at least one approved identification detail. According to IKEDC, customers are expected to provide either…

50th anniversary lecture: Tinubu lauds Murtala’s legacy By Elegbede Abiodun File: Late General Murtala Muhammed … implements a transition programme to return Nigeria to presidential democracy. President Bola Tinubu has paid tribute to the late Head of State, General Murtala Muhammed, describing him as a military officer with democratic credentials whose leadership left a lasting mark on Nigeria’s political evolution and Africa’s liberation struggle. The President spoke on Thursday at the 50th Murtala Mohammed International Lecture and Leadership Conference held in honour of the late leader. Represented by the Secretary to the Government of the Federation, Senator George Akume,…

Nigeria unable to perform up to OPEC oil quota target for six months File photo: Organisation of the Petroleum Exporting Countries • Expectations are that Nigeria will meet up with its crude production, especially as the Dangote refinery announced it has reached its full capacity of 650,000 barrels per day. Nigeria underperformed with its crude oil production quota of 1.5 million barrels per day approved by the Organisation of the Petroleum Exporting Countries in the first month of 2026, extending its streak of underperformance to six consecutive months. According to OPEC’s Monthly Oil Market Report, Nigeria produced about 1.46 million…