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  • Deregulation Reveals Nigeria Downstream Undercapitalization

    By Ifunanya | February 3, 2026 | Comments Off on Deregulation Reveals Nigeria Downstream Undercapitalization

    A leading petroleum industry expert has stated that the current financial pressure on Nigeria’s petrol marketers is not a failure of deregulation but a revelation of deep-seated structural deficiencies in the downstream sector. Professor Wumi […]

  • Ronaldo May Quit Al Nassr Due to PIF €50M Release Clause

    By Ifunanya | February 3, 2026 | Comments Off on Ronaldo May Quit Al Nassr Due to PIF €50M Release Clause

    Cristiano Ronaldo’s future at Al Nassr is under intense speculation following reports that the Portugal captain’s contract includes a significant release clause. The 40-year-old forward, who has been absent from the Saudi Pro League fixture […]

  • Naira Depreciates to N1,390/$ Official, Black Market Steady

    By Ifunanya | February 3, 2026 | Comments Off on Naira Depreciates to N1,390/$ Official, Black Market Steady

    The Nigerian naira opened the week weaker at the official foreign exchange market, shedding value against the US dollar despite stability in the parallel market. According to data from the Central Bank of Nigeria (CBN), […]

  • M23 blamed for Congo coltan mine collapse killing 200

    By Ifunanya | February 3, 2026 | Comments Off on M23 blamed for Congo coltan mine collapse killing 200

    Goma, eastern Congo – Family members and survivors gathered in mourning Monday for the victims of last week’s catastrophic collapse at the Rubaya coltan mine, a disaster that likely claimed more than 200 lives and […]

  • Fela Afrobeat First African Grammy Lifetime Honoree

    By Ifunanya | February 3, 2026 | Comments Off on Fela Afrobeat First African Grammy Lifetime Honoree

    Fela Anikulapo-Kuti has become the first African musician to be awarded a Lifetime Achievement Award by the Recording Academy, the organization behind the Grammy Awards. The posthumous honor was presented during the 2026 Special Merit […]

  • NNPP Denies Kwankwaso Demanded VP Slot for APC Defection

    By Ifunanya | February 3, 2026 | Comments Off on NNPP Denies Kwankwaso Demanded VP Slot for APC Defection

    The New Nigeria Peoples Party (NNPP) has rejected media reports suggesting that former Kano State Governor Rabiu Musa Kwankwaso demanded the vice-presidential slot as a precondition for defecting to the ruling All Progressives Congress (APC). […]

  • Galadima: Buhari Credited for Abba Yusuf’s Kano Victory

    By Ifunanya | February 3, 2026 | Comments Off on Galadima: Buhari Credited for Abba Yusuf’s Kano Victory

    Buba Galadima, a senior figure in the New Nigeria Peoples Party (NNPP), has asserted that former President Muhammadu Buhari played a decisive role in ensuring the 2023 gubernatorial victory of Abba Kabir Yusuf in Kano […]

  • Blantyre Secondary School: Church Claims Ownership from Govt

    By Ifunanya | February 3, 2026 | Comments Off on Blantyre Secondary School: Church Claims Ownership from Govt

    A dispute over land ownership has erupted between the Blantyre Synod of the Church of Central Africa Presbyterian (CCAP) and the Malawian government concerning Blantyre Secondary School (BSS), one of the nation’s oldest and most […]

  • Nollywood Afolayan, Akindele in Tense Promotion Call

    By Ifunanya | February 3, 2026 | Comments Off on Nollywood Afolayan, Akindele in Tense Promotion Call

    Award-winning filmmaker Kunle Afolayan has disclosed a tense exchange with actress and producer Funke Akindele, following public comments he made about promotional strategies within Nigeria’s film industry, Nollywood. According to Afolayan, Akindele initiated a personal […]

  • Electricity Subsidy to Be Shared by All Governments from 2026

    By Ifunanya | February 3, 2026 | Comments Off on Electricity Subsidy to Be Shared by All Governments from 2026

    The Nigerian government will end its sole funding of electricity subsidies from 2026, shifting to a cost-sharing model among federal, state, and local tiers. The change, directed by President Bola Tinubu, aims to resolve hidden […]

  • Labour Party Crisis: Abure Rejects Otti’s Reconciliation Move

    By Ifunanya | February 3, 2026 | Comments Off on Labour Party Crisis: Abure Rejects Otti’s Reconciliation Move

    The internal crisis within Nigeria’s opposition Labour Party (LP) escalated sharply on Monday as the Julius Abure-led National Working Committee (NWC) formally rejected a reconciliation proposal from Abia State Governor Alex Otti, branding the move […]

  • 10% WHT on Savings Interest Outrages Nigerian Investors

    By Ifunanya | February 3, 2026 | Comments Off on 10% WHT on Savings Interest Outrages Nigerian Investors

    Nigerian investors and savings account holders have voiced significant frustration after fintech banks began deducting a 10 percent Withholding Tax (WHT) on interest earnings, a move many mistakenly linked to new tax laws. The deductions, […]

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