Author: Lawan

The Central Bank of Nigeria (CBN) released about N3.2 trillion into the banking system in October as repayments on maturing government securities exceeded the amount raised through fresh auctions. Figures from the CBN’s Open Market Operations (OMO) and Nigerian Treasury Bills (NTBs) auctions showed that the apex bank and the Federal Government repaid a combined N10.69 trillion to investors during the month, compared with N7.49 trillion raised through new securities. The difference meant that more money flowed back to investors than was collected through fresh borrowing, resulting in a net liquidity injection of approximately N3.2 trillion into the financial system.…

Constitution review: NASS considers 74 extra seats for women – Bamidele Under the proposal, each of the 36 states and the Federal Capital Territory (FCT) would have one additional female representative in each chamber of the National Assembly, while the state assemblies would collectively gain 108 seats reserved for women. Bamidele, vice chairman of the Senate Committee on the Review of the 1999 Constitution, disclosed this at the 2026 Law Week organised by the Ekiti State chapter of the International Federation of Women Lawyers (FIDA). He said the arrangement would operate for 16 years, covering four electoral cycles, before a…

…DG, ASURI draw battle lineThe crisis rocking the Nigeria Institute of Medical Research (NIMR) is far from ending. The Director General, Professor John Oladpo Obafunwa, seems to have drawn a battle line with the Academic Staff Union of Research Institutions (ASURI), following his insistence on implementing a controversial policy that is yet to be resolved. The DG has been in the eye of the storm, following his insistence on implementing a retirement policy that had been nullified by a pronouncement of the National Industrial Court, under Justice Olufunke Anuwe and a policy statement from the Head of the Service of…

Don’t be deceived, vote for Tinubu massively in 2027, South East govs charge Igbos Governors Peter Mbah of Enugu State, Hope Uzodimma of Imo State, Francis Nwifuru of Ebonyi State, and Charles Soludo of Anambra State have called on the people of Southeast region to vote massively for President Bola Tinubu in the 2027 presidential election and ignore every form of deceit and political distractions. The governors made the call during the All Progressives Congress (APC) Women Mega Rally and Empowerment Programme for the South East, flagged off by the First Lady, Senator Oluremi Tinubu, at the Okpara Square, Enugu,…

2027: APC admits power crisis persists, Atiku confronts Tinubu over failed pledge The All Progressives Congress (APC) Presidential Campaign Council’s acknowledgement that Nigeria’s electricity crisis remains unresolved has intensified the political confrontation over President Bola Tinubu’s 2023 campaign promise to provide steady power, with former Vice President Atiku Abubakar insisting that the President must account for his pledge or face rejection at the 2027 polls. While the APC defended the administration’s electricity reforms, N4 trillion debt settlement programme and infrastructure investments as evidence of progress, Atiku dismissed the interventions as insufficient, arguing that laws, bonds and project announcements could not…

With public debt standing at N166.79 trillion as at June 2026 and the federal government seeking approval for another $21.7 billion in external loans, experts are genuinely raising red flags over the situation, calling on economic handlers to make a detour before the country is boxed into a debt trap. According to them, the level of borrowing is unhealthy when compared to revenue generation. They said the wide mismatch between debt and income creates a scenario that suggests the country may be gradually borrowing away its fiscal future and ultimately stall its development goals. However, they noted that the growing…

National Leader of the Nigeria Democratic Congress (NDC), Senator Seriake Dickson, has expressed confidence that the party’s presidential candidate, Peter Obi, will win Bayelsa State, the Niger Delta and Nigeria in the January 16, 2027 general election. Dickson also said the All Progressives Congress (APC) had nothing to offer the people of Bayelsa, accusing the ruling party of failing to provide meaningful infrastructure, including roads and bridges, in the state and the wider Niger Delta region. The former Bayelsa State governor spoke during a visit to his home state and community, Toru-Orua, alongside Obi and other NDC leaders. In a…

Managing Director/Chief Executive of the Nigeria Social Insurance Trust Fund (NSITF), Mr Oluwaseun Faleye, says social security should be considered as an investment in human dignity, social stability and economic resilience, not merely as an administrative mechanism. He spoke on Friday in Lagos at the annual workshop of the Labour Writers Association of Nigeria (LAWAN), themed: “Workers at the Centre of Nigeria’s Political Transition: Defending Rights, Advancing Welfare and Building Economic Justice.” In a paper presentation titled “Social Security and Workers’ Welfare in Nigeria’s Political Transition: Closing the Protection Gaps and Building a Sustainable Safety Net,” the NSITF MD stressed…

By: Al Humphrey Onyanabo A historic royal encounter marked by songs, dancing and a powerful message of Ijaw unity, shared ancestry and collective destiny, as the Agadagba welcomes his royal brother and pledges to attend the final rites of coronation in Buguma. The journey was by road and sea, but its significance went far beyond the distance travelled. It was a journey across historic waterways, royal boundaries and generations of shared heritage — a meeting of two Ijaw monarchs united by ancestry, identity and a common vision for the future of the Ijaw nation. Da Amakiri Tubo, Alhaji Mujahid Abubakr…

Presidential Candidate of the Nigeria Democratic Congress (NDC), Peter Obi, has slammed President Bola Tinubu for lacking the energy to run Nigeria. He has, therefore, urged him to step down from his bid for a second term, noting that Nigeria needs a President with the required energy and capacity to address the country’s mounting challenges. Obi, who spoke during the homecoming of former governor of Bayelsa State and national leader of the NDC, Senator Henry Seriake Dickson, at the state secretariat in Bayelsa, declared that Nigeria does not need a leader who lacks the energy to govern effectively. He also…