Business

By Ayo Kehinde Former Vice President Atiku Abubakar has mounted a vigorous defense against former President Olusegun Obasanjo over allegations that he bribed the late Speaker of the House of Representatives, Ghali Umar Na’Abba, to facilitate an impeachment plot against him, describing the accusation as an attempt to rewrite history for political gain ahead of the 2027 general elections. Senior …

*AN OPEN LETTER TO THE NATIONAL JUDICIAL COUNCIL (NJC) The imperative to preserve the sanctity, independence and integrity of the Nigerian judiciary The Honorable President,National Judicial Council,Abuja, Nigeria. Dear my Lord, I write as a concerned citizen, democrat and member of the Board of Directors of the Peoples Democratic Party (PDP), compelled by recent developments that raise serious questions about …

Post views: 68 By Ohis Asein President Bola Ahmed Tinubu has extended his goodwill and best wishes to Nigeria’s Paralympic athletes participating in the ongoing Commonwealth Games, expressing confidence that they will once again make the country proud through exceptional performances. The President’s message was conveyed to FAKS MEDIA in Abuja by his Senior Special Assistant (SSA) on Persons …

The National President of the All Progressives Congress (APC), Professor Nentawe Goshwe Yilwatda, has challenged opposition leaders to go beyond criticism and present practical and well-articulated alternatives to address Nigeria’s economic challenges, rather than simply condemn government policies. Speaking through the Hon. Daniel Rejenieju at the awards ceremony of the 10th National Assembly held on Wednesday, July 22, 2026 at …

Dangote Petroleum Refinery and Petrochemicals FZE (DPRP) has completed a private equity placement, raising fresh capital of around $2.5 billion. The company disclosed this in a statement on Thursday, saying that the transaction is the largest publicly disclosed primary equity private placement in Africa. the fundraising marks an important milestone in its history and reflects investors’ strong confidence in its …

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President Bola Ahmed Tinubu has approved the expansion of the Nigerian Army structure from eight to twelve divisions – a key move to enhance the country’s security architecture and improve the operational effectiveness of the Nigerian Army. According to Presidential Spokesperson, Bayo Onanuga, this endorsement underscores the President’s continued commitment to equipping the Armed Forces to effectively address Nigeria’s evolving …

*Recognized for excellence in retail banking and leadership in sustainability Africa’s global bank, United Bank for Africa (UBA) Plc, has strengthened its position as one of the continent’s leading financial institutions after emerging as Nigeria’s Best Bank for Retail and Sustainability (ESG) Leadership at the prestigious Euromoney Awards for Excellence 2026. The awards, presented on Thursday 17 July 2026 at …

Fresh pressure emerged in Nigeria’s downstream petroleum market as Dangote Petroleum Refinery on Wednesday resumed gantry loading of Premium Motor Spirit (PMS) in naira after a week-long suspension. The company however increased the ex-depo price by N140 to N1,215 per litre, a move that is expected to trigger other adjustments in petrol pump prices across the country. The increase is …

Post views: 43 The President of the Athletics Federation of Nigeria (AFN), Chief Tonobok Okowa, says he is pleased with the formidable athletics team that will participate in the Glasgow 2026 Commonwealth Games, which officially open tomorrow, Thursday 23 July 2026. The 6-day athletics events will take place from Monday 27 July to Saturday 1 August 2026 at Scotstoun …