The Federal Government has called on the judiciary to play a more engaged role in resolving capital market disputes to build investor trust and stimulate economic growth. Vice President Kashim Shettima, speaking at a Securities and Exchange Commission (SEC) judges’ workshop, highlighted the necessity of prompt and expert judicial decisions. Shettima, represented by Dr. Tope Fasua, emphasized that the capital market is a critical channel for mobilizing long-term capital, supporting infrastructure projects, and enabling small and medium enterprises to flourish. He warned that judicial delays or lack of specialized knowledge could undermine market confidence. “The capital market is far more…
Author: Oluwadara Akingbohungbe
The National Assembly is witnessing heightened tensions as Senator Natasha Akpoti-Uduaghan insists on resuming her legislative role following a court ruling in her favor. The Federal High Court’s decision to nullify her suspension has reignited debates about legislative authority and the rights of elected officials. In a heartfelt message, Akpoti-Uduaghan thanked her supporters and confirmed her intention to return, stating, “We shall resume in the Senate on Tuesday by the grace of God.” Her announcement followed a court judgment that described her suspension as excessive and unconstitutional. The Senate, however, is holding back, awaiting the CTC of the court’s pronouncement…
The African Democratic Congress (ADC) has accused the Presidency of orchestrating a campaign to destabilize the opposition coalition ahead of the 2027 elections. This accusation surfaced as three party members filed a lawsuit at the Federal High Court in Abuja, challenging the legitimacy of the interim leadership led by Senator David Mark. On the same day, Ralph Nwosu, the immediate past national chairman, expressed concerns that the opposition coalition could disintegrate due to infighting and competing interests if not carefully managed. Significant political shifts continue as Babachir Lawal, former Secretary to the Government of the Federation, resigned from the APC,…
Background Oseloka H. Obaze, former Secretary to the Anambra State Government under Governor Peter Obi, sparked controversy on March 11, 2024, when he revealed via X (formerly Twitter) that the Obi administration procured over 400 SUVs for traditional rulers during his tenure . This surfaced amidst a broader debate on Obi’s public stance against excessive government spending. The Tweet (March 11, 2024) From Obaze’s X thread (paraphrased): “When I was SSG under Peter Obi, over 400 SUVs were procured for traditional rulers… one crashed— driver claimed the steering locked at top speed. We obtained a police report, had Innoson Motors…
Ahead of the critical senatorial bye-election on August 16 and the governorship election on November 8, the Anambra State Police Command alongside the Independent National Electoral Commission (INEC) have declared their full preparedness to conduct the polls. Commissioner of Police Ikioye Orutugu, speaking from Awka, emphasized the strategic coordination among security agencies and INEC, underscoring the importance of maintaining peace throughout the electoral process. “We have been meeting with INEC to fine-tune plans for the election; therefore, we are fully prepared for the elections,” he affirmed, noting his role as chairman of the Anambra State Security Committee. He acknowledged the…
The death of Oba Owolabi Olakulehin, crowned Olubadan of Ibadanland in July 2024, has set in motion the succession of Rasheed Ladoja as the 44th Olubadan. Olakulehin’s coronation was a grand affair at Mapo Hall, with Governor Seyi Makinde handing over the staff of office amid a gathering of Nigeria’s most influential figures, including President Bola Tinubu. Olakulehin was notable for being the second Olubadan to reside in the newly inaugurated palace on Oke-Aremo, signaling a modernization of the traditional institution. Previously, the Olubadan’s private home served as the palace. The Olubadan throne rotates between two principal chieftaincy lines: Balogun…
Babachir Lawal Cuts Ties with Ruling Party Babachir David Lawal, once the Secretary to the Government of the Federation (SGF) and a prominent figure in Nigerian politics, has formally ended his longstanding association with the All Progressives Congress (APC). Lawal, who previously served under President Muhammadu Buhari, made his decision public through a personally signed letter addressed to the chairman of his local party ward in Bangshika, Hong Local Government Area, Adamawa State. In the letter, Lawal stated, “I write to formally notify you of my resignation from the All Progressives Congress, APC. In due course, I will make public…
In a solemn moment for the people of Ibadanland, Oba Owolabi Olakulehin, the Olubadan, has died at the age of 90. The monarch’s death occurred in the early hours of Monday, July 7, 2025, marking the conclusion of a significant chapter in the history of this ancient city. Oba Olakulehin’s tenure as Olubadan was distinguished by his unwavering commitment to tradition and progress. His leadership was characterized by efforts to preserve Ibadan’s cultural identity while encouraging modernization and social harmony. The monarch’s passing has been met with profound sorrow among his subjects, who remember him as a father figure and…
Senator Natasha Akpoti-Uduaghan has announced her intention to return to the Senate on Tuesday, following a court ruling that invalidated her suspension. The Federal High Court, presided over by Justice Binta Nyako, ruled that her suspension was not constitutionally supported and ordered her immediate reinstatement. Despite the court’s decision, the Senate remains cautious. The Senate’s media committee chairman, Yemi Adaramodu, stressed that no action would be taken until the Certified True Copy of the judgment is received and analyzed. “Pending receipt and examination of the CTC, and acting on the advice of counsel, the Senate shall refrain from taking any…
🔍 What Peter Obi said • Recently on Channels TV’s Sunday Politics, Peter Obi claimed that “this government has borrowed more than the administrations of Umaru Yar’Adua, Goodluck Jonathan, and Muhammadu Buhari combined” . • This statement has been widely shared on X and Instagram . 📈 Is it accurate? Media outlets like the Daily Trust and Tribune Online report Obi’s claim without providing supporting data . The Tribune Online notes: “However, there’s no available data to support or refute this claim” . No credible official figures or independent analysis have confirmed that Tinubu’s borrowing in two years exceeds that…