Fayose Says Tinubu Won’t Sacrifice Wike for Fubara Amid Rivers State Crisis

Fayose Says Tinubu Won’t Sacrifice Wike for Fubara Amid Rivers State Crisis

Former Ekiti State Governor, Ayo Fayose, has asserted that President Bola Tinubu will not “sacrifice” Minister of the Federal Capital Territory (FCT), Nyesom Wike, in favour of Rivers State Governor, Siminalayi Fubara, amid ongoing political tensions in Rivers State. Fayose made the comments in an exclusive interview with Arise Television aired on Tuesday, reacting to the lingering power struggle between Fubara and his predecessor, Wike, which has continued to fuel […]

January 14, 2026 9

NEWS

FCT GROUND RENT: Defaulters Get 14 Days to Pay as President Tinubu Intervenes Amid Enforcement

By Toffa Momoh, Abuja Defaulters on FCT ground rent now have 14 days grace to pay up what they owe the FCT Administration with associated penalties following the intervention of President Bola Ahmed Tinubu. Recalle that the FCTA had today, May 26, 2025, commenced enforcement on the 4,794 properties revoked for non-payment of Ground Rent, from 10 to 43 years. Addressing newsmen, the Director, Land Administration, Mr. Chijioke Nwankwoeze said: […]

May 27, 2025 28

NEWS

Trump sets up meeting with Putin amid Ukraine conflict

US President-elect Donald Trump said Thursday that Russian leader Vladimir Putin wanted to meet and that a rendezvous between the pair was being arranged. He made the statement just a week and a half before taking office, following promises during his campaign to bring peace to Ukraine, which has been under Russian invasion since February 2022. “He wants to meet, and we’re setting it up,” Trump said at a meeting […]

January 10, 2025 58

BUSINESS

Dangote stocks decline amid merger denial, forex crisis

The recent decrease in the stock prices of the Dangote Group, which includes Dangote Sugar Refinery and NASCON Allied Industries, has been attributed to foreign exchange losses and the Securities and Exchange Commission’s decision to reject their merger request. Analysts suggested that the ongoing inflationary pressures and forex volatility have worsened these challenges. The depreciation of the naira has increased the cost of importing raw materials, further squeezing profit margins. […]

August 15, 2024 267

BUSINESS

Discos make N1tn amid grid crisis, unmetered customers hit 5.8m

Despite the persistent epileptic power supply nationwide, revenue generation by electricity distribution companies in Nigeria surged to N1.1trn within the 12 months of 2023, a new report has revealed. The figure represents an increase of N234.4bn or 28.2 per cent from the N831bn generated by the power firms over a similar period in 2022. This latest data was disclosed in the electricity report released by the National Bureau of Statistics […]

April 2, 2024 57

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