The Senate on Tuesday passed a bill seeking to increase the minimum capital for insurance companies operating in Nigeria from ₦2 billion to ₦10 billion, a 400 per cent increase. The bill also provides an increase in the reinsurance of the insurance companies from ₦10 billion to ₦35 billion, while non-life insurance was increased from … Read more
Governor Siminalayi Fubara of Rivers State has vowed to implement the recommendations of the seven-man judicial commission of enquiry which investigated the post-election violence in the state. Governor Fubara had braved to conduct local elections in the oil-rich state despite the police refusing to provide security for the exercise. Mr Fubara’s party, the Peoples Democratic … Read more
The four tax reform bills proposed by President Bola Tinubu are stoking anger in Northern Nigeria, with groups in the region demanding the suspension of what they described as the anti-north agenda. The controversial bills – the Joint Revenue Board of Nigeria (Establishment) Bill, 2024 -SB.583; the Nigeria Revenue Service (Establishment) Bill, 2024- SB.584; the … Read more
President Bola Tinubu has advised the candidates defeated in the 2024 Ondo State governorship election to seek legal redress if dissatisfied with the outcome of the polls. Earlier, the Independent National Electoral Commission (INEC) declared Lucky Aiyedatiwa, the candidate for the All Progressives Congress (APC), the winner of the election held across 3,933 polling units … Read more
The Peoples Democratic Party (PDP) has raised objections to the results from Idanre Local Government Area of Ondo State in the ongoing governorship elections, alleging the use of violence against its party agents during voting and the snatching of ballot boxes. Laniyi Ogundiji, the party’s state collation agent for the 2024 governorship election, made this … Read more
A group of political thugs reportedly breached the peace in Idanre community, headquarters of Idanre Local Government Area of Ondo State on Wednesday, 72 hours to the Ondo State governorship election slated for Saturday. The attack which was in the early hours of Wednesday, was unleashed on some members of the Peoples Democratic Party (PDP) … Read more
The newly appointed Minister of State for Housing and Urban Development, Yusuf Abdullahi, has pledged to deliver Kano State to the All Progressives Congress (APC) in 2027. Mr Abdullahi, who stated this while briefing newsmen shortly after arriving in Kano on Sunday, also pledged his dedication to advancing President Bola Tinubu’s Renewed Hope Agenda. He … Read more
False sexual allegations as weapon of vitimisation On Monday, we published an investigative report on the travail of Inih Ebong, a former lecturer at the University of Uyo, who was fired by the university over false sexual harassment allegations. Despite several legal victories against the institution, the university has refused to reinstate the lecturer and … Read more
In his inaugural speech, Governor Siminalayi Fubara of Rivers State promised to uphold the Nigerian Constitution and never to disappoint the people of the oil-rich state. “The people have voted for us with much hope and expectation,” Mr Fubara said before the large crowd at the Yakubu Gowon Stadium, Port Harcourt, on 29 May 2023. … Read more
Controversy has continued to trail the outcome of the recent local elections in Akwa Ibom State. The man regarded as the political leader of Essien Udim Local Government Area in the state has insisted that the Peoples Democratic Party (PDP), and not the All Progressives Congress (APC), won the chairmanship election in the council area. … Read more
