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Why NDDC opened ultramodern naval base in Bayelsa, by Ogbuku

The Niger Delta Development Commission (NDDC) yesterday inaugurated a modern naval base at Ayakoro in Ogbia Local Government Area of Bayelsa State. The commission’s Managing Director/Chief Executive Officer, Dr. Samuel Ogbuku, gave reasons for establishing the naval base in the area. The NDDC boss noted that the area is strategic because of its critical positioning […]

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Kanu

Releasing Kanu will ease tension in Southeast, says Nwoko

• Tompolo, allies deny ultimatum to Fed. Govt Senator Ned Nwoko has called for the release of the detained leader of the Indigenous People of Biafra (IPOB), Nnamdi Kanu. He believes Kanu was only amplifying the alleged marginalisation of the Southeast through his agitation, and that freeing him will ease tension in the region. Senator

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Tinubu Celebrates Veteran Journalist Lekan Alabi At 75

Tinubu celebrates veteran journalist Lekan Alabi at 75

• President congratulates ex-minister Edem Duke on 70th birthday President Bola Ahmed Tinubu has extended warm felicitations to veteran journalist and public relations icon, Oloye Lekan Alabi, on the celebration of his 75th birthday today. In a statement yesterday in Abuja by his Special Adviser on Information and Strategy, Bayo Onanuga, the President described Oloye

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SDP faction expels ex-presidential candidate Adebayo, others

Another faction of the Social Democratic Party (SDP) at the weekend expelled its former presidential candidate, Prince Adewale Adebayo, and several others over alleged anti-party activities. The party also accused the National Secretary, Dr. Olu Agunloye, of gross misconduct, contempt of court, and attempts to destabilise the party through misinformation and abuse of institutions. Addressing

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Faft

NEITI hails Nigeria for getting off FATF grey list

The Nigeria Extractive Industries Transparency Initiative (NEITI) has applauded Nigeria’s anti-corruption and financial integrity institutions for securing the country’s removal from the Financial Action Task Force (FATF) Grey List of countries under increased monitoring. In a statement in Abuja, its Executive Secretary, Dr. Orji Ogbonnaya Orji, described the development as “a strong vote of confidence

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Kalu

N’Assembly Constitution review panel proposes six new states

• One state per geo-political zone • ‘Committee to pick out of 55 requests’ Six new states have been proposed by the Joint Committee of the Senate and House of Representatives on Constitution Review, it was learnt yesterday. The proposal was one of the key resolutions of the two-day retreat, co-chaired by Deputy Senate President

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Positive sentiment trails stock market as investors gain N4.6trn

By Peter Egwuatu   The Nigerian Exchange (NGX) sustained its bullish momentum last week, marking its 7th consecutive week of gains as investors deepened buy positions in blue-chip stocks across key sectors. Last week performance reflected renewed investor confidence, driven by expectations of stronger corporate earnings, improved macroeconomic sentiment, and renewed portfolio rebalancing toward fundamentally strong companies.

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