President Joe Biden sought to revive his beleaguered re-election effort on Sunday, as members of his party debated the future of his candidacy. The president’s halting debate performance last week raised serious questions about his physical and mental capacity to run. A prime time interview with ABC on Friday fuelled further speculation about his campaign’s […]
President Bola Tinubu has been re-elected as the chairman of the Economic Community of West African States (ECOWAS) at the 65th Ordinary Session of the Authority of Heads of States and Government held at the Presidential Villa in Abuja, Nigeria. Accepting his re-election, Tinubu appointed the President of Senegal to assist in mediation efforts with […]
The recent initiative by South-East governors and National Assembly members to meet with President Bola Tinubu regarding the release of Mazi Nnamdi Kanu, leader of the Indigenous People of Biafra (IPOB), has generated varied reactions. Kanu remains a contentious figure in Nigeria’s political landscape, viewed by some as a symbol of the struggle for self-determination […]
Nigeria’s economic crisis, driven by the removal of petrol subsidies and FX window unification, has led to the exit of several multinational companies. Diageo, on June 11, announced selling its 58.02% stake in Guinness Nigeria to Tolaram, joining 15 other multinationals like Kimberly-Clark, Procter & Gamble, GlaxoSmithKline, Unilever, and Sanofi-Aventi Nigeria in reducing or ending […]
Crude Oil Theft in Nigeria: A Deep-Rooted Issue Leaders and activists in the South-South region have highlighted the complex networks involved in crude oil theft, pointing to significant players within politics and the oil industry. These networks, entrenched over the years, are shielded by a lack of political will from the government. PANDEF’s Stand The […]
As we navigate through 2024, the global currency landscape continues to evolve, influenced by economic policies, geopolitical events, and market dynamics. Understanding the strongest currencies in the world provides insight into the financial stability and economic strength of various nations. Here, we reveal the top 10 most powerful currencies of 2024. 1. Kuwaiti Dinar (KWD) […]
Federal Government announced yesterday that flooding has submerged 21 local government areas in 10 states and the Federal Capital Territory (FCT) due to recent heavy rains. Water Resources Minister Joseph Utsev, alongside Minister of State Bello Goronyo and NIHSA Director General, reported at a briefing in Abuja that several states have faced flooding since April […]
Nigerian music star Wizkid shared an emotional tribute to his late mother, Morayo, on her first posthumous birthday. On social media platform X, the award-winning artist expressed his deep sorrow and love for his mother, stating, “Happy birthday, love of my life! I miss you every day… Nothing makes sense without you, mama!” He fondly […]
Former President Olusegun Obasanjo clarified that the release of Nnamdi Kanu was not discussed during his meeting with South-East governors in Enugu State on Tuesday. Obasanjo and Chief Emeka Anyaoku met with the governors to discuss regional development issues, such as security, infrastructure, economic cooperation, and collaboration, complementing the national economic agenda. A statement by […]
Nigerians are currently facing a severe increase in the prices of goods and services, beginning in 2022 due to global supply chain issues, the Russia-Ukraine war, and domestic insecurity. This inflation was exacerbated by the removal of the fuel subsidy on May 29, 2023, leading to a 223% rise in petrol prices and the Naira’s […]
