The All Progressives Congress (APC) has secured chairmanship victories in five of the six Area Councils of the Federal Capital Territory (FCT), while the Peoples Democratic Party (PDP) won in Gwagwalada. Results released by Independent National Electoral Commission (INEC) on Sunday showed APC prevailing in: Abuja Municipal Area Council (AMAC) Abaji Bwari Kwali Kuje The PDP, however, clinched victory in Gwagwalada. In Gwagwalada Area Council, PDP candidate Mohammed Kasim polled 22,165 votes, defeating the APC’s Yahaya Shehu, who secured 17,788 votes. The Returning Officer, Philip Akpen, declared Kasim duly elected after fulfilling all legal requirements. Other parties trailed behind, with…
Author: Elvis Eromosele
If you have spent enough time around entrepreneurial events, you know how easy it is for bold ideas to remain theoretical. Big words are said, applause follows, and everyone goes home unchanged. The Audacity Conference 2026, held in Lagos on January 24, refused to sit in that space. From the moment the conversations began, it was clear the conference was not designed as a motivational pit stop, but as a practical confrontation with fear, hesitation, and the habits that keep people playing small. The theme, Turning Bold Ideas into Breakthroughs, was treated as a responsibility. The audience reflected that intention.…
As Ramadan begins, MAGGI has unveiled a multi-layered national campaign anchored on culturally grounded storytelling, consumer value and community engagement. At the heart of the campaign is Tales of Ramadan Season 2, a six-episode drama series that premiered at a star-studded event at EbonyLife Place, Victoria Island, Lagos. The evening featured elegant abaya-themed dressing and décor inspired by the warmth and serenity of the season, underscoring the cultural significance MAGGI attaches to Ramadan. The series has since launched nationwide across terrestrial TV, cable and major digital platforms. Building on the strong reception of Season 1, the new season expands its…
The Federal Government has directed all Ministries, Departments, and Agencies (MDAs) to strictly comply with procurement laws in executing projects under the 2025/2026 Capital Budget, warning that any breach of due process will not be tolerated. The directive was issued by Doris Uzoka-Anite, Minister of State for Finance, during a stakeholders’ meeting at the Federal Ministry of Finance. According to a statement from the Office of the Accountant-General of the Federation, the minister emphasised: All capital payments must comply with the Public Procurement Act No project should commence without confirmed funding No payment should be processed outside approved procurement procedures…
Olubunmi Kuku, Managing Director of FAAN, has reaffirmed the agency’s decision to fully implement a cashless payment system across all airport payment points nationwide, effective February 28, 2026. The clarification followed a visit by executives of the National Union of Air Transport Employees (NUATE), who sought further details on the planned discontinuation of physical cash transactions at airports. According to FAAN, the move aligns with: Federal Government directives aimed at strengthening transparency and accountability A Treasury Circular issued on November 24, 2025, by the Office of the Accountant-General of the Federation Global best practices in aviation management Mrs. Kuku stated…
President Bola Tinubu has congratulated Leo Stan Ekeh, Founder and Chairman of Zinox Group, on his 70th birthday, describing him as one of Nigeria’s pioneering innovators in the information technology sector. In a statement issued by his Special Adviser on Information and Strategy, Bayo Onanuga, the President praised Ekeh’s contributions to Nigeria’s manufacturing and technology ecosystem. Tinubu recalled the 2001 launch of the Zinox range of indigenous computer products, calling it a groundbreaking moment for local technology production. At the time, Tinubu was the Governor of Lagos State and hosted Ekeh to a private dinner ahead of the launch event…
The National Agency for Food and Drug Administration and Control (NAFDAC) has issued a public health alert over a suspected revalidated batch of SMA Gold First Infant Milk Formula discovered in Kaduna State. The warning followed a complaint that the product allegedly caused gastrointestinal distress in a four-month-old infant after consumption. NAFDAC said laboratory and physical examination of the product revealed clear evidence of expiry date alteration. According to the agency, the manufacturing and expiry dates printed on a pre-attached sticker were inconsistent with the original markings beneath it, confirming suspected revalidation and tampering. The agency warned that altering shelf-life…
The Federal Government will allocate up to five per cent of Nigeria’s Gross Domestic Product (GDP) to industrial financing under the newly unveiled Nigeria Industrial Policy (NIP) 2025. The policy, released by the Federal Ministry of Industry, Trade and Investment, aims to reposition the economy toward large-scale production, stronger exports, and mass job creation through public–private partnerships. According to the policy document, sustainable funding is central to successful industrialisation. To that end, the government plans to recapitalise the Bank of Industry (BoI) to N3 trillion by 2026 and expand sector-specific intervention funds to the same level. These funds, some managed…
Nigeria has secured a major legal victory after an international arbitration tribunal dismissed a $6.2 million claim filed by European Dynamics UK Ltd over a stalled national e-Procurement project. Lateef Fagbemi, Attorney General of the Federation and Minister of Justice, said the ruling shields the country from significant financial exposure and reinforces accountability in public contracting. The dispute arose from a contract between European Dynamics UK Ltd and the Bureau of Public Procurement (BPP) for the design, development, and maintenance of a national electronic Government Procurement (eGP) system, supported by the World Bank. The project was intended to enhance transparency…
Nigeria’s capital market contribution to Gross Domestic Product (GDP) has risen to 33 per cent, with total market capitalisation climbing to over N123.93 trillion from about N55 trillion in April 2024, a 125 per cent increase, according to the Securities and Exchange Commission (SEC). Emomotimi Agama, SEC Director-General, disclosed the figures during his inaugural address to members of the Capital Market Working Group on Market Liquidity in Lagos on Sunday. Agama described the expansion as historic, noting that the market’s share of GDP has more than doubled from 13 per cent to 33 per cent since April 2024. However, he…