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  This shakeup at FirstBank, Nigeria’s oldest bank, reflects a bold transformation strategy aimed at revitalizing its operations and aligning with new leadership under Femi Otedola's chairmanship of FBN Holdings. The exit of about 100 senior executives signals a significant restructuring process, marking an effort to infuse fresh talent into the bank’s leadership. The ongoing shakeup signals a clear intent to modernize and strengthen FirstBank’s structure. While such transitions can initially create uncertainty, they are also opportunities for innovation, operational efficiency, and enhanced market competitiveness. This move places FirstBank on a strong footing for its ambitious 2025 repositioning plans, setting the stage for sustained growth in a competitive banking sector.

  Dr. Mustapha Ghali, representing Gaya, Ajingi, and Albasu Federal Constituency in the House of Representatives, has expressed opposition to the proposed tax reform bills, emphasizing that Nigeria is not yet prepared for their implementation. Speaking to journalists in Kano, he highlighted the lack of a conducive environment and necessary development as key reasons for his stance. Dr. Ghali revealed that a fellow lawmaker from the South had attempted to lobby him to support the bills, citing potential benefits for Kano and Lagos. However, he declined, advocating for equitable benefits for neighboring northern states such as Jigawa, Kaduna, Katsina, Zamfara, Sokoto, and Kebbi. He criticized the perceived regional bias and called for unity among northern lawmakers to resist the move. Drawing comparisons with countries like England, the UAE, and Saudi Arabia, where tax reforms have succeeded, Dr. Ghali pointed out that those governments had already established robust social ameniti...

  The chairman of the Association of Licensed Telecommunications Operators of Nigeria (ALTON) , Engr. Gbenga Adebayo, has called for an urgent review of service tariffs to address rising operational challenges threatening the sustainability of the telecom sector. Speaking at an industry stakeholders' event in Lagos, Adebayo highlighted that the sector is grappling with skyrocketing energy costs, inflation, volatile exchange rates, and stagnant tariffs, all of which are endangering the industry's viability. In his speech titled “Before the Final Call: Telecom as Sector Under Siege,” Adebayo warned that without immediate reforms, the sector's future and its ability to provide quality services are at grave risk. He emphasized that delayed action could derail the hope for a better 2025 and urged all stakeholders to act decisively to prevent a collapse. He stated, “The survival of the telecom sector demands immediate and bold reforms. Tariffs must be reviewed to reflect the e...

    The accidental bombing of Gidan Sama and Rumtuwa communities in Sokoto State by the Nigerian Air Force during an operation against the Lakurawa terrorist group is a tragic incident that has raised significant concerns. This situation highlights the complexities and risks associated with military operations in areas where civilian populations are in close proximity to terrorist hideouts. Civilian Casualties : At least 10 villagers were reported killed, and several others were injured in the airstrike, which disrupted Christmas celebrations. The affected c.ommunities are located near Surame Forest, a known hub for the Lakurawa sect and bandits Residents, including eyewitnesses, have expressed shock and grief over the loss of innocent lives. Silame LGA Chairman Abubakar Daftarana confirmed the attack and lamented the tragedy, emphasizing the peaceful nature of the victims. The Nigerian Air Force stated that the airstrikes were based on "credible intelligence" but promised a ...

  The death of Fatiyah Abdulhakeem, an 18-year-old suspect accused of murdering retired Permanent Secretary Adamu Jagaba in Niger State, raises critical questions about the circumstances surrounding his death while in police custody. According to reliable sources, Abdulhakeem died on Thursday, December 19, 2024, after complaining of severe stomach pains and a cough. He was reportedly taken to the general hospital in Minna for treatment but passed away during care. The spokesperson for the Niger State Police Command, SP Wasiu Abiodun, confirmed the incident, stating that the cause of death remains unknown pending a postmortem examination. Abdulhakeem had previously been paraded by the Commissioner of Police, Shawulu Ebenezer Danmama, as the main suspect in the killing of Jagaba, who was stabbed to death at his block industry near the PDP Secretariat in Minna.

 The Niger State Governor, Mohammed Umar Bago, has signed the 2025 Appropriation Bill into law, marking a significant milestone for the state with an over ₦1.558 trillion budget. The budget, termed the “Budget of Hope for Food Security and Sustainability,” was passed by the State House of Assembly just hours before the governor's assent. Governor Bago lauded the State Assembly for its unprecedented efficiency in scrutinizing and passing the bill, emphasizing the synergy between the legislative and executive branches. He encouraged legislators to exercise their oversight responsibilities to ensure proper implementation of the budget provisions. The swift passage and enactment of the budget signal a proactive approach to addressing food security, sustainability, and other critical development priorities in Niger State.

  Senator Ali Ndume S enator Mohammed Ali Ndume, representing Borno South, has dismissed claims suggesting that Northern Nigeria is economically dependent on other regions of the country.  Addressing the issue in a statement, Ndume affirmed the North's self-sufficiency and its significant contributions to the nation's development, stressing that no state or region can thrive in isolation. He stated, “The North will never be a parasite or dependent on any region or even the country. We are assets, not liabilities, to Nigeria.” Ndume's remarks came in response to accusations that the North cannot sustain itself without support and that its residents are unwilling to contribute through taxation. He countered these claims by advocating for increased transparency and accountability in tax collection processes and encouraged the Federal Inland Revenue Service (FIRS) to widen the tax base instead of disproportionately burdening low and middle-income citizens. Ndume further clar...

   FCT Minister The Minister of the Federal Capital Territory (FCT), Nyesom Wike, has taken decisive action by revoking the ownership of 762 plots of land in Maitama, Abuja, due to non-payment of statutory fees. This measure targets prominent individuals and organizations, highlighting his commitment to enforcing compliance with land regulations. The affected plots are in Maitama, one of Abuja's most upscale districts. The action is grounded in Section 28 of the Land Use Act of 1978, empowering the minister to revoke land rights for non-compliance with payment obligations. Notable individuals include former President Muhammadu Buhari (via the Muhammadu Buhari Trust Foundation), former Chief Justice Walter Onnoghen, and Kaduna State Governor Uba Sani. Other figures include Senate Chief Whip Tahir Monguno, former Senate Leader Teslim Folarin, and Secretary to the Government of the Federation (SGF) George Akume. The FCTA has issued a two-week ultimatum to 614 other allottees to s...

Dangote refinary The Dangote Petroleum Refinery has announced a reduction in the price of Premium Motor Spirit (PMS) to N899.50 per litre , providing relief to Nigerians during the holiday season.  This adjustment follows a prior price drop to N970 per litre on November 24. With a production capacity of 650,000 barrels per day , the Dangote Refinery is the largest single-train refinery globally, ensuring surplus supply for export after domestic needs are met.

University of Abuja  The Federal Executive Council (FEC) has approved the renaming of the University of Abuja to Yakubu Gowon University in honor of former Head of State and elder statesman, Yakubu Gowon. This was revealed by the Minister of Information and National Orientation, Muhammed Idris , following a FEC meeting presided over by President Bola Tinubu . While addressing State House correspondents, the Minister emphasized that the decision is aimed at recognizing Gowon’s contributions to the nation. However, the renaming will still require approval from the National Assembly to be finalized.

  Ademola Lookman has been crowned the 2024 African Player of the Year , solidifying his status as one of Africa's brightest football stars.  The Super Eagles and Atalanta forward won the CAF Men’s Player of the Year award at a ceremony in Marrakech, Morocco, on Monday, surpassing top contenders Simon Adingra (Brighton), Serhou Guirassy (Dortmund), and Achraf Hakimi (PSG). Lookman’s incredible form saw him play a pivotal role in Atalanta’s Europa League triumph and Nigeria’s journey to the AFCON 2024 final . His consistent performances made him the favorite for the award, even amidst speculation that Hakimi might win following his league and cup successes with PSG and Morocco's Olympic bronze medal. In an emotional speech, Lookman credited his success to God, his family, and the unwavering support of Nigerians, including President Bola Tinubu. He also offered inspiring words for young players: "Don’t let your failure weigh you down. Turn your pains into wings. Lookma...

   Ecowas The Economic Community of West African States (ECOWAS) has approved the withdrawal of Niger, Mali, and Burkina Faso from the regional bloc, marking a significant geopolitical shift in West Africa.  The decision was announced by ECOWAS Commission President Dr. Omar Alieu Touray at the conclusion of the 66th Ordinary Summit of ECOWAS Heads of State and Government. The three countries will officially cease to be members of ECOWAS on  January 29, 2025 , as per Article 91 of the revised ECOWAS treaty. ECOWAS also praised Nigeria’s leadership under President Tinubu, noting the country’s full payment of its community levy for 2023 and substantial contributions for 2024. The withdrawal of Niger, Mali, and Burkina Faso could reshape regional alliances and test ECOWAS’s ability to maintain its vision of economic integration and collective security amidst political instability in the region.  However, ECOWAS remains open to reconciliation and dialogue with the de...

  Minister of Justice & AGF The Attorney General of the Federation (AGF) and Minister of Justice, Lateef Fagbemi, has issued a stern warning to local government officials against tampering with funds following the Supreme Court's landmark judgment affirming local government financial autonomy. Speaking in Abuja during a conference for judiciary correspondents, Fagbemi emphasized that any violations of the ruling would be met with strict legal consequences, including imprisonment. Fagbemi highlighted that governance at the grassroots level has suffered due to past neglect but assured that President Bola Ahmed Tinubu's administration is committed to rectifying these issues.  The Supreme Court's decision mandates the direct payment of local government allocations to their accounts, eliminating the practice of governors controlling these funds. The AGF urged local government officials to use their resources to improve essential infrastructure like roads, schools, and hosp...

  Lamido Adamawa palace The Adamawa State House of Assembly has reaffirmed the position of the Lamido Adamawa as the Chairman of the State Council of Emirs and Chiefs, clarifying concerns regarding his role. Musa Mahmoud Kallamu, the Chairman of the House Committee on Information, addressed the issue during a press conference, highlighting that the Adamawa State Council of Chiefs Bill solidifies this position. According to Kallamu, Section 17 of the bill formally establishes the Adamawa State Council of Chiefs, while Section 18 specifies its membership, which includes traditional rulers, second-class chiefs, the Permanent Secretary for Chieftaincy Affairs, and the ALGON Chairman. He explained that although zonal traditional councils have been introduced with rotational chairmanship, they remain subordinate to the state council, and their operations do not affect the Lamido Adamawa’s role as chairman. This clarification aims to dispel any misconceptions about the impact of the n...

  The recent legislative actions by the Adamawa State House of Assembly and Governor Ahmadu Fintiri mark significant changes in the state's traditional governance structure. Here are the key points:  The District Creation Law 2024 established 83 new districts, expanding local governance frameworks. The Adamawa State Chiefs (Appointment and Deposition) Bill , passed into law, empowers the governor to create emirates and appoint or remove traditional rulers. Lamido of Adamawa , Mustapha Barkindo, is no longer the permanent chairman of the Adamawa Council of Chiefs. The chairmanship of the council will now rotate annually among all first-class emirs and chiefs to promote fairness and inclusivity. The influence of the Lamido of Adamawa has been curtailed, with his control reduced from eight LGAs to three: Girei, Jimeta, and Yola . The Emir of Mubi , Abubakar Isa-Ahmadu, also sees a reduction in his scope of authority, now limited to Michika, Madagali, Mubi North, Mubi South, and...

Former SGF Babachir Lawal The controversy surrounding Nigeria’s tax reform bill has reignited debates about revenue generation and distribution among the states. Babachir Lawal, a former Secretary to the Government of the Federation, has shared his perspective, emphasizing the potential of agricultural levies in Northern states as a game-changer for regional revenue. Lawal's critique highlights the disparities in VAT collection and allocation. He argues that the current structure unfairly benefits Southern states, which process raw materials from the North into value-added products, thereby claiming the VAT revenue. This system, according to him, does not acknowledge the Northern contribution as the source of these raw materials. The Agricultural Potential of the North Drawing examples from his home state, Adamawa, Lawal paints a picture of untapped revenue opportunities: Cattle Markets: With over 30,000 cattle sold weekly in Adamawa, a levy of N5,000 per cow could generate ...

 FIFA has officially confirmed that Saudi Arabia will host the 2034 FIFA World Cup , marking a significant milestone as the tournament returns to the Middle East after Qatar's hosting in 2022. This decision underscores the region's growing influence in global sports. Saudi Arabia's bid faced no competition after Australia withdrew from consideration. Meanwhile, the 2030 FIFA World Cup will be jointly hosted by Morocco, Spain, and Portugal , a unique arrangement celebrating the tournament's centenary. To commemorate the first World Cup held in 1930, three opening matches will take place in Uruguay, Argentina, and Paraguay, making it a historic, multi-continent event. Both announcements highlight FIFA's commitment to global inclusivity and regional representation in hosting its flagship event.

  National Grid  The frequent collapse of Nigeria's national power grid remains a critical concern, reflecting deep-seated issues in the country’s power infrastructure. With 11 grid collapses recorded between January and November 2024, including three within a single week in October, the challenges have caused widespread blackouts and significant public frustration. The most recent collapse, confirmed via a tweet by the National Grid at 2:09 PM on Wednesday, highlights the recurring nature of these failures. Authorities announced that efforts to restore power had begun, though such assurances often do little to alleviate the broader concerns about the stability and efficiency of the grid. These persistent outages have reignited calls for substantial reforms in Nigeria's energy sector, with many Nigerians demanding improved investment in infrastructure, better management, and the adoption of sustainable energy solutions to address these recurring failures.

  Emir Palace, Kano The 16th Emir of Kano, Muhammad Sanusi II, delivered a powerful message against domestic violence at a National Dialogue Conference on Gender-Based Violence (GBV) organized by Bayero University Kano's Centre for Islamic Civilisation and Interfaith Dialogue (CICID) in collaboration with the Development Research and Projects Centre (dRPC). The former Emir highlighted the alarming prevalence of domestic violence in Kano's Shari’a courts, with 45% of harm-related cases involving wife-beating over a five-year period. He condemned the misuse of Islamic teachings to justify such violence, emphasizing that in many cases, the "light beating" permitted under specific conditions in Islamic jurisprudence escalates into severe physical abuse, violating the dignity and safety of women. Sanusi took a firm stance, advocating for women to stand up against abuse. He stated that he advises his daughters to retaliate if their husbands hit them, underscoring that suc...

  The National Information Technology Development Agency (NITDA) has issued a warning about a sophisticated banking malware called Grandoreiro , which is targeting individuals globally, including Nigerians. The malware employs advanced techniques like screen overlay attacks and remote device control to steal sensitive information such as banking credentials and personal data . Key Highlights of the Alert: Distribution Method : Phishing Emails : Victims are tricked into clicking malicious links or downloading files disguised as legitimate updates or documents. Fraudulent Websites : These sites deceive users into downloading the malware. Capabilities : Bypasses security controls. Grants attackers unauthorized access to infected devices. Leads to financial losses and identity theft . Recommendations from NITDA : Avoid Suspicious Links and Attachments : Do not click on links or download attachments from unknown sources. Download Software from Trusted Sources : Only use verified an...

 The Niger State Government has announced plans to remove unqualified teachers from classrooms to enhance the quality of teaching and learning. It has also directed retired teachers residing in school staff quarters to vacate their accommodations to make room for newly recruited teachers. Dr. Hadiza Asabe Mohammed, the Commissioner for Basic Education, made these remarks during the Annual General Meeting of the Bida Old Students Association (BOSA) at the Justice Idris Legbo Kutigi International Conference Centre in Minna, the state capital.   She emphasized the state's commitment to a rigorous screening process for teachers, noting that training and retraining programs would be organized. However, teachers deemed "untrainable" will be dismissed. Dr. Mohammed also highlighted the state’s intent to retain teachers recruited through Parent-Teacher Associations after the screening process. She added that the National Career Path Policy would be reintroduced to support profess...

The recent visit by Governor Umar Bago to the Niger North Senatorial District, during which he navigated the challenging and deteriorated road networks of nearly all local government areas in the zone, underscores the importance of electing capable and empathetic leaders at all levels of governance.  The governor stepped out of his comfort zone to conduct a firsthand assessment of the needs of his people—an uncommon gesture, as previous governors preferred to remain in Minna, the state capital, relying on secondhand reports from political appointees who often provided misleading or incomplete information. This visit highlights the need for leaders to rise above sentiments such as ethnicity and religion if they are genuinely committed to success.  Governor Muhammad Umar Bago has demonstrated this leadership quality, and the people of the region showed their appreciation by coming out en masse to welcome him at every stop.  In response to their overwhelming love and suppor...

Armed security operatives at Kano emir palace  The takeover of the Kano Emir's Palace by armed security operatives has sparked widespread curiosity and speculation, with the reasons for the heightened security presence still unknown.  Emir Muhammadu Sanusi II was set to accompany Alhaji Munir Sanusi, the newly-appointed Wamban Kano, to his district posting in Bichi, an area recently affected by changes in the emirate structure. The newly reinstated Bichi Emirate, along with three others, had been dissolved by Governor Abba Kabir Yusuf after their creation during the tenure of former Governor Abdullahi Ganduje.  This development has added political and traditional dimensions to the ongoing security situation. The palace at Kofar Kudu, alongside the Bichi Emir’s Palace, remains under tight security, with armed operatives restricting movement.  This disruption has left traditional rulers and titleholders stranded, forcing many to abandon their vehicles and walk to the...

At a meeting with the Agwara people at Central Primary School, Governor Umaru Bago outlined his administration's plans to address their concerns and improve their welfare: Bridge Construction: Conveying President Tinubu’s long-held aspiration, Governor Bago assured the community that the Agwara-Yauri Bridge in Kebbi State would be constructed. Farming Support: The state government will allocate ₦2.5 billion to support farming activities in Agwara. A government building will also be established to enable the governor to oversee farming initiatives firsthand. Road Projects: The Agwara-Lumma-Borgu road, a federal project critical for transporting farm produce, will be completed. Additionally, a 5-km road project initiated by the state government will be finished with streetlights installed. Educational Sponsorships: The governor pledged to sponsor 100 science students from Agwara for studies, both domestically and abroad. Fair Appointments: Two permanent secretaries from Agwara...

Gov.Umar Bago Niger State Governor Mohammed Umaru Bago has announced a N10 billion investment to remodel the General Hospital and School of Health Technology in Tungan Magajiya, Rijau Local Government Area. The governor revealed this during his visit to the facilities as part of his statewide project monitoring tour. Governor Bago assured that the remodelled structures would be equipped with state-of-the-art facilities to enhance service delivery. Highlighting the historical significance of the facilities, he pledged continued support for their development. During a visit to the Palace of Sarkin Bauchin Rijau, Alhaji Sanusi Muhammad Kuki, Governor Bago informed community members about plans to reopen the vocational school and financial institution in Rijau. He also disclosed that the ongoing Kontagora-Rijau road construction would be extended to Zuru and reaffirmed his commitment to completing the 5 km Rijau township road project. In their remarks, Sarkin Bauchin Rijau, Alhaji Sanus...

  The controversy surrounding Nigeria's proposed tax reform bills has escalated, with northern senators, lawmakers, and interest groups opposing the legislation.  Call for Suspension : Northern senators, representing both ruling and opposition parties, have demanded a halt to further action on the bills, citing potential adverse effects on northern states. They argue that the bills require a thorough review by tax policy experts and extensive consultation with stakeholders. Concerns Raised : Critics claim the bills are being rushed without proper deliberation. Northern lawmakers oppose the proposed 60% derivation formula for VAT distribution, which they believe disproportionately favors states like Lagos while disadvantaging consumption-heavy northern states. Public Outcry : The House of Representatives has suspended debates on the bills following widespread criticism from religious leaders, governors, traditional rulers, and the general public. A rowdy session in the House e...

  Gov. Bago Governor Umaru Bago recently visited the newly renovated Mashegu Local Government Area (LGA) Secretariat, expressing satisfaction with the quality of the renovations. During his address to a massive crowd, he made several significant pledges aimed at improving the well-being of the community: Restoration of Electricity : The governor assured the people of Mashegu town that electricity would be restored soon to enhance their quality of life and support local businesses. New Healthcare Clinic : He announced plans for the construction of a new healthcare clinic within the council secretariat premises to ensure residents have easy access to medical services. Water Supply Improvement : To address the town’s water scarcity issues, the state government will sink boreholes in strategic locations, providing a reliable water source for the community. Emirate Secondary School Renovation : The governor revealed that work on the dilapidated Emirate Secondary School would commence w...

Niger state Governor Umar Bago The Niger State Government, under the leadership of Governor Mohammed Umaru Bago, has announced plans to include the reconstruction of Bangi Road in Mariga Local Government Area in the 2025 budget. This significant decision was made during the Governor’s inspection of road projects in Bangi, the headquarters of Mariga, as part of his ongoing statewide project monitoring tour. The Governor emphasized that the reconstruction of Bangi Road would not only improve connectivity to neighboring states but also serve as a catalyst for agricultural growth in the region. Mariga Local Government Area, known for its extensive agricultural activities, stands to benefit immensely from better infrastructure. "The road will boost farming activities, making it easier for farmers to transport their produce to markets," Governor Bago stated. He also encouraged the youth to embrace agriculture, highlighting its potential to improve livelihoods and contribute to t...

  The Federal Government of Nigeria has begun implementing the Electronic Money Transfer Levy (EMTL), which imposes a N50 charge on electronic transactions of N10,000 and above. This levy applies to inflows received by individuals and businesses through financial technology (Fintech) platforms such as Opay, Moniepoint, and Kuda. The levy, introduced under the Finance Act 2020 , was earlier announced to start on September 9, 2024 , but its implementation began on December 1, 2024 What is EMTL? The levy is a one-time charge of N50 on the recipient of electronic transfers or receipts of N10,000 or more. It is mandated by the Federal Inland Revenue Service (FIRS) and collected by financial service providers on behalf of the government. Purpose: The EMTL is aimed at generating revenue for the government, categorized under stamp duties. Public Reaction: The levy has been met with criticism, with organizations such as the National Association of Nigerian Students (NANS) urging the g...

  CBN Headquarters Abuja  The Central Bank of Nigeria (CBN) is preparing to reduce its workforce significantly by the end of 2024, targeting over 1,000 employees for retirement under a program termed the Early Exit Package (EEP) .  The move, described as part of a "strategic realignment" by the CBN’s Board of Governors led by Olayemi Cardoso, is expected to cost the bank over ₦50 billion in payouts The move underscores the CBN's efforts to restructure its workforce amidst economic challenges and internal reforms.  However, the process has sparked apprehension among employees and drawn scrutiny over its execution, fairness, and long-term impact on the bank’s operations.

  Gen.Martin L Agwai Rtd General Martin Luther Agwai, a former Chief of Defence Staff, has called for a reassessment of Nigeria’s security recruitment processes as part of broader efforts to address the nation’s insecurity. Speaking at the National Summit on Security, Justice, and National Reorientation in Kaduna, organized by the House of Justice, Agwai highlighted concerns about the undue influence of highly placed government officials in determining security personnel recruitment. While acknowledging ongoing government efforts to tackle insecurity, Agwai stressed the importance of addressing issues of justice, fairness, and equity to create a stable environment for development. He underscored that significant progress requires collaboration among Nigerians, noting that containing insecurity is a prerequisite for national growth. Agwai's remarks come amidst ongoing discussions on how to improve Nigeria’s security framework, with a focus on transparency and inclusiveness in gov...