Abuja, March 12, 2025 – The Tinubu Media Support Group (TMSG) has described the recent stance of the British Policy Institute, Chatham House, on the Nigerian economy as yet another resounding endorsement of the economic reforms of the President Bola Tinubu administration. It said that the latest view of the British think tank on the current success of Tinubunomics validated several attestations that the Nigerian economy has a bright and prosperous future. In a statement signed by its Chairman Emeka Nwankpa and Secretary Dapo Okubanjo, TMSG noted that it is …
El-Rufai decamps to SDP
Lagos, March 10. 2025 – Mallam Nasir EL-Rufai, a former Governor of Kaduna State and founding member of the All Progressives Congress (APC), has decamped to the Social Democratic Party (SDP). He disclosed this in a press statement issued via his X handle on Monday, He accused the APC of straying from the ideals of its founding fathers. “As a founding member of the All Progressives Congress (APC), I have fond memories of working with other compatriots to negotiate the merger of political parties that created the APC. “Since 2013, …
Transcorp Group records outstanding growth in 2024, revenue increases by 107%, PBT by 132%
Lagos, March 10, 2025 – Transnational Corporation Plc (“Transcorp” or the “Group”), Nigeria’s leading listed conglomerate has announced its financial results for the year ended December 31, 2024. Consistent with its results track record, the Group sustained its strong growth trajectory across its financial indicators, reinforcing its market leadership and strategic positioning. In its audited results, Transcorp reported significant year-on-year growth, with a revenue of N408 billion as at December 31, 2024, representing a 107% increase over the revenue of N197 billion in the previous year. Highlights of Transcorp Group …
In Rivers State, A Supreme Iniquity?
By Chidi Anselm Odinkalu Lagos, March 9, 2025 – The political control of the resources of the territory known as Rivers State in Nigeria’s Niger Delta has been a site of curious jurisprudence since the Acting Consul of the Oil Rivers Protectorate, Harry Johnston, procured the judicial liquidation of King Jaja of Opobo in December 1887 in Accra, present capital of Ghana. The charge against King Jaja was the violation of a treaty obligation to assist the British “in the execution of such duties as may be assigned.” At the …
NAFDAC arrests 4 suspects, destroys N100bn worth of fake drugs, others
Ibadan, March 9, 2025 – The National Agency for Foods Drugs Administration and Control (NAFDAC) has arrested 40 suspects and destroyed N100 billion worth of fake drugs and other products. The illicit substances were destroyed at dumpsite in Moniya, Oyo state on Saturday. Yedunni Adenuga, the NAFDAC Director of Narcotics, who supervised the exercise, said the affected products included Analgin and some controlled substances like Tramadol. She said the products which were classified as illicit, expired, and banned, were confiscated during a raid on three markets in the country. Adenuga …
Trump reverses tariffs on Mexico, Canada
Washington, March 7, 2025 – Donald Trump has announced a major reversal of his tariffs on Mexico and Canada. On Tuesday, the U.S. imposed 25 percent tariffs on all goods imported from Mexico and Canada rocketing the country into a trade war. The president said earlier Thursday that he is enforcing a one-month pause out of ‘respect’ for President Sheinbaum because the country has agreed to his conditions to halt the flow of fentanyl through the southern border. Canada will also be getting a similar extension, Trump announced to reporters during a …
Trump issues final warning to Hamas to release all hostages
Washington, March 6, 2025 – Us President Donald Trump has issued a final warning for Hamas, demanding the release of all hostages and return of the dead bodies of the people who have been “murdered” by them or “it is over” for them. Trump said the US is sending Israel with everything it requires to finish the job and not a single Hamas member will be safe if they don’t release the hostages. He urged the Hamas leadership to leave Gaza while they still have a chance. Israel everything it needs to …
IFC $50m equity investment in Lagos Free Zone a vote of confidence on Tinubu reforms -TMSG
Abuja, March 5, 2025 – The Tinubu Media Support Group (TMSG) has described the $50 million equity investment in the Lagos Free Zone investment by the International Finance Corporation (IFC) as a vote of confidence in the ongoing reforms in Nigeria. According to the group, it is an affirmation of Nigeria’s demonstrated readiness for big business under the administration of President Bola Tinubu. In a statement signed by the TMSG Chairman Emeka Nwankpa and Secretary Dapo Okubanjo, the group said that the equity investment which is for the expansion of …
Infrastructure key to developing Nigeria’s gas resources – Shell
Lagos, March 5, 2025 – Shell has called for the development of infrastructure to promote the growth of domestic gas and monetisation of the resource. “The infrastructure will support the delivery of gas from producers to consumers in an efficient way that is also transparent and cost effective,” Managing Director Shell Nigeria Gas (SNG) Ralph Gbobo said at a panel session at the just concluded Nigeria International Energy Summit (NIES) in Abuja. Ralph described infrastructure as the bedrock of a thriving gas industry, citing the Escravos-Lagos Pipeline System (ELPS) which feeds …
Ecobank partners Code 14 Labs to enhance digital training for students
Lagos, Feb. 23, 2025 – Ecobank Nigeria, a subsidiary of Ecobank Group, has teamed up with Code 14 Labs to expand the accessibility and reach of coding education for children across Nigeria. The partnership leverages Code 14 Labs’ interactive coding workbooks, including the “Andrew Teaches” coding workbook, along with its network of trained teachers to offer affordable annual training and proficiency certification to students. As part of this collaboration, Ecobank will provide nationwide and pan-African access to coding education, utilizing its extensive operational network across the continent. In turn, Code 14 …