The Debt Management Office (DMO), on behalf of the federal government, has offered two savings bonds for subscription at N1,000 per unit.According to a statement by the DMO on Monday in Abuja, the first offer is a two-year FGN savings bond due on June 11, 2027, at an interest rate
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The proposed opposition coalition is considering former Transportation Minister Rotimi Chibuike Amaechi as its likely presidential candidate for the 2027 election, following a growing deadlock between Atiku Abubakar and Peter Obi.The coalition, which includes key political figures and groups, has also begun discussions about forming a new political party, to
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Operatives of the National Drug Law Enforcement Agency (NDLEA) have uncovered and dismantled a syndicate that sponsors hajj pilgrims who also serve as couriers to move cocaine to Saudi Arabia during pilgrimage. This followed the arrest of leaders of the cartel in Kano.The arrest of the kingpins: Abubakar Muhammad, Abdulhakeem
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Sidi Ould Tah of Mauritania has been elected the new President of the African Development Bank (AfDB) Group.Tah was elected as the ninth president of the bank on Thursday, May 29, 2025, at the annual meetings of the AfDB Group, held in Abidjan, Côte d’Ivoire.Before his election, Tah was a
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by Uchechukwu Okoroafor, AbujaIn a country where democracy is frequently betrayed at the ballot box, the recent attempt by Nigeria’s House of Representatives to make voting compulsory is not only tone-deaf, but it dangerously misdiagnoses the root cause of voter apathy. The bill, which has passed its second reading, seeks
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by Uchechukwu Okoroafor, AbujaIn a move as disappointing as it is dangerous, the Nigerian House of Representatives has once again turned its back on the core principles of unity, fairness, and inclusivity. The recent rejection of a constitutional amendment bill that sought to institutionalize rotational presidency among Nigeria’s six geopolitical
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by Uchechukwu Okoroafor, AbujaToday, I celebrate not just a political leader, but a friend, brother, and boss—Rt. Hon. Benjamin Okezie Kalu, Deputy Speaker of the House of Representatives of the Federal Republic of Nigeria.From humble beginnings to the corridors of power, your journey has been marked by resilience, vision, and
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Social media critic, Martins Vincent Otse, popularly known as VeryDarkMan (VDM), has been released from the Economic and Financial Crimes Commission (EFCC) custody.Deji Adeyanju, his lawyer, confirmed his release on Wednesday evening via social media.“VDM released to us on bail. Special thanks to @DAPLawFirm especially the head of our firm
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The Julius Abure-led faction of Labour party, yesterday, suspended the Abia State Governor, Alex Otti and five others, including Senator Ireti Kingibe, Senator Darlington Nwokocha, Victor Afam Ogene, Amobi Ogah and Seyi SowunmiThe National Executive Committee (NEC) of the faction loyal to Abure had on May 2 set up a
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by Uchechukwu Okoroafor, AbujaIn a nation where silence often masquerades as peace and political conformity is mistaken for stability, the bold emergence of a Shadow Government led by Professor Pat Utomi must not be dismissed as political theater—it must be embraced as a pivotal moment in Nigeria’s democratic evolution.This initiative,
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