Senator Austin Akobundu affirmed on Wednesday that there was no alternative to democracy, even as he reminded Nigerians that the People Democratic Party, or PDP, could rightly be described as the midwife of the Fourth Republic, which today celebrates 25 years of unbroken democracy—Nigeria’s longest so far. “As we celebrate …
Read More »Court Grants Final Forfeiture Of N204.8m, 15 Property, Eight Posh Vehicles From Fraudster To Victims
Justice Inyang Ekwo of the Federal High Court in Abuja has granted the Economic and Financial Crimes Commission (EFCC) the final forfeiture of the sum of N204,849,859, 15 property and eight high-end vehicles from a fraud suspect, one Jedidiah Ibrahim Ezenwa. The EFCC said the property, money and vehicles were …
Read More »US Condoles Malawi After VP Chilima Dies In Aircraft Crash
THE United States offered its condolences to Malawi on Tuesday following a tragic aircraft crash that killed 10 individuals, including Vice President Saulos Chilima. ‘Saddened to learn an aircraft carrying Malawian VP Chilima and nine others has crashed,’ US National Security Adviser Jake Sullivan wrote on X. ‘The United States offers …
Read More »Zuma’s MK Party Seeks To Block Parliament Over Alleged Vote Fraud
FORMER South African President Jacob Zuma’s uMkhonto we Sizwe (MK) party has applied to the country’s top court to block the newly elected parliament from sitting this week, alleging that the May 29 vote was marred by fraud. The National Assembly is scheduled to convene on Friday for lawmakers to …
Read More »Kenya Ex-president’s Retirement Benefits Spark Controversy
KENYA’S President William Ruto has established a team to address concerns over the retirement benefits and privileges of his predecessor, Uhuru Kenyatta. This move follows a public dispute between the two former political allies. The formation of the team comes after Kenyatta publicly alleged mistreatment by his former deputy, despite …
Read More »Adesina Highlights Africa’s Vast Economic Potential At Chatham House
IN a packed auditorium at Chatham House, African Development Bank President Dr Akinwumi Adesina delivered an inspiring address to a diverse audience of diplomats, investors, academics, politicians, and media, emphasising Africa’s untapped potential and abundant opportunities. During his presentation on Friday, titled Envisioning Africa’s Economic Prospects, Adesina highlighted his optimism and …
Read More »Op-Ed: Strengthening Nigeria’s democracy: government-citizen synergy
THE strength of a nation’s democracy lies in the synergies between its government and its citizens, working together to overcome challenges and fully embrace democratic values. As we commemorate the June 12 celebration of Democracy in Nigeria, the significance of this day serves as a reminder of the struggles and …
Read More »Afreximbank Disburses $40m To Fidelity Bank For Union Bank UK Acquisition
THE African Export-Import Bank (Afreximbank) has announced a $40 million disbursement from its intra-African investment facility to Fidelity Bank Nigeria Plc. This funding will support Fidelity Bank’s acquisition and recapitalisation of Union Bank UK, aligning with its international expansion strategy. Provided in two tranches of $20 million each, the first …
Read More »Democracy Day: Tinubu To Address Nigerians On Wednesday
President Bola Tinubu will address the Nigerians in a nationwide broadcast as part of the Democracy Day celebration. This was made known in a statement issued by Chief Ajuri Ngelale, Special Adviser to the President on Media & Publicity. Ngelale said Tinubu will address Nigerians at 7am on Wednesday, June …
Read More »Op-Ed: South Africa’s Unity Government: 5 parties That Need To Find Common Ground
FOLLOWING South Africa’s historic 2024 general election, the ruling African National Congress (ANC) has started a process to establish a government of national unity. This, after it lost its parliamentary majority. As a political scientist, I believe that five political parties, including those with the highest shares of votes, are key to constituting a …
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