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Nigeria cannot achieve sustainable economic growth without a functional, inclusive and culturally responsive financial system. Wilfred NJ Ugwuanyi, Professor of Banking and Finance, observed Wilfred Ugwuanyi as he delivered the 39th inaugural lecture of the National Open University of Nigeria (NOUN) in Abuja. In the paper titled “Technological Innovations and Informal Financial Institutions: Implications for Economic Development Amid Cultural Diversity …

Former Labor Party presidential candidate, Peter Obi has announced his resignation from the African Democratic Congress (ADC), citing rising internal tensions within the party and broader systemic challenges in Nigeria’s political landscape. In a statement released Sunday via X, Obi said the decision came after a period of introspection, revealing that he had endured what he described as “silent pain” …

The Ogun State Police Command has launched a full-scale investigation into a suspected cult-related clash that claimed the life of an as yet unidentified man in Abeokuta on Sunday. The incident, which occurred at around 2.45pm along Wasimi Ake Road between Centenary Hall and Lotus Bank, towards Ijemo Agbadu axis, was said to involve rival cult groups. In a statement …

The All Progressives Congress (APC) has slammed former Labor Party presidential candidate Peter Obi following his resignation from the African Democratic Congress (ADC), accusing him of continuously switching parties in pursuit of political gains. Reacting to Obi’s exit, APC National Publicity Secretary Felix Morka, in a statement posted on X on Sunday, described the former governor of Anambra State as …

Four people died on Saturday after armed assailants laid an ambush on Aila-Odugheho road in Agatu Local Government Area. Locals identified the victims as Ochefije Elijah Ojema, Igojuju Husaini, Odiya Ochowechi and Ochoyoda Adejo. Residents said travelers were attacked in the rural stretch and killed by the attackers. Agatu LGA chairman Melvin Ejeh confirmed the killings on Sunday, saying heightened …

Former Vice President Atiku Abubakar has confirmed plans to travel to the United States, where he intends to engage policymakers and institutional stakeholders on the deteriorating security situation, economic pressures and governance challenges in Nigeria. The visit, according to a statement issued on Sunday by his Media Advisor, Paul Ibe, was aimed at drawing global attention to what Atiku described …

Amid the prolonged uncertainty surrounding the internal crisis in the African Democratic Congress (ADC), two prominent political figures – Peter Obi and Rabiu Musa Kwankwaso – have officially joined the Nigerian Democratic Congress (NDC). Obi, the Labor Party’s 2023 presidential candidate, and Kwankwaso, who flies the flag of the New Nigerian People’s Party (NNPP), confirmed their move during a high-level …

Troops of Sector 2, Operation FANSAN YAMMA, foiled planned terrorist attacks in Zamfara and Katsina states, killing 9 terrorists including 2 notorious kingpins and recovering 4 AK-47 rifles and 9 motorcycles in operations conducted between 1 and 3 May 2026. The Acting Deputy Director, Army Public Relations, 8th Division/Sector 2, Lieutenant Colonel Olaniyi Osoba, disclosed this in a statement issued …

A civil society group, the Nigerian Democratic Rights Advocacy (NDRA), called for an investigation into what they described as potential violations of Nigeria’s electoral laws involving overlapping party roles. In a statement issued Sunday in Abuja, the coalition said it discovered discrepancies in official records showing Lawyer Reuben Egwuaba listed as National Legal Advisor to the Allied Peoples Movement (APM) …

No fewer than 130 Nigerians have registered for voluntary evacuation from South Africa as the Nigerian government intensifies efforts to protect its citizens amid renewed anti-foreigner riots. This latest information was revealed by the Minister of Foreign Affairs, Bianca Odumegwu-Ojukwu, in a situation report shared on Sunday via her X account. He explained that the evacuation initiative was part of …