The Chairman of the Economic and Financial Crimes Commission, Ola Olukoyede, has assured Nigerians that no asset recovered by the commission will be mismanaged under his watch. Olukoyede, in a statement on Tuesday, rejected calls for the creation of a single agency to manage all assets recovered by government agencies, describing the proposal as impractical. He said more than 20 government agencies recover assets for the Federal Government and argued […]

The issue of petrol pricing and subsidy removal is emerging as a major debate ahead of the 2027 presidential election, with candidates offering different proposals on how to reduce fuel prices without worsening Nigeria’s financial burden. African Democratic Congress (ADC) presidential candidate, Atiku Abubakar, has proposed restoring a form of petrol subsidy, arguing that Nigerians have continued to suffer the impact of its removal without receiving enough benefits. However, presidential […]

The Independent National Electoral Commission (INEC) has introduced a real-time readiness tracker to monitor election preparations across the 36 states and the Federal Capital Territory ahead of the 2027 general elections. INEC Chairman, Professor Joash Amupitan, disclosed this during a workshop for Administrative Secretaries in Lagos. He said the technology would give the Commission instant visibility into the distribution of election materials, training of ad-hoc staff and the level of […]

Foreign Portfolio Investment (FPI) in the Nigerian equities market recorded a net outflow of N266.07 billion between January and July 2026, representing a sharp increase from N22.68 billion recorded during the same period in 2023. Data from the Nigerian Exchange Limited showed that foreign investors consistently took more money out of the market than they brought in during the period. Between January and July 2026, foreign investors brought N513.36 billion […]