Author: Press Room

Ahead of the 2027 presidential election, the Arewa Consultative Forum has said former President Goodluck Jonathan’s candidacy appears more attractive. Prof Tukur Muhammad-Baba, Publicity Secretary of the Arewa Consultative Forum, who made the remark in an interview on Arise TV on Thursday, dismissed the one-term promise by the former governor of Anambra State, Peter Obi. He, however, said the former president has a lot to do in order to sell himself to Nigerians, especially eligible voters. Tukur described the one-term promise as an act of desperation by Peter Obi. He said, “The one-term issue is simply political talk, a clear…

Nigeria’s Super Falcons have held on to their 36th place in the latest FIFA Women’s World Rankings, despite securing a record-extending 10th Women’s Africa Cup of Nations (WAFCON) title in stunning fashion. The new rankings released by FIFA on Thursday offered mixed emotions for Africa’s top women’s teams. While Nigeria lifted the 2024 WAFCON trophy without losing a match, the feat was not enough to propel them higher in the global standings. Super Falcons stars celebrating WAFCON win [Photo credit/ CAF X] Coach Justin Madugu’s side went unbeaten through six matches, including a tense, and now controversial, final victory over…

Super Falcons coach Justine Madugu has been nominated for the 2025 Ballon d’Or Johan Cruyff Award following his success with Nigeria at the 2024 Women’s Africa Cup of Nations, Soccernet.ng reports. Madugu has made a big impact as Super Falcons coach. After working under former coach Randy as an assistant, he was appointed as coach last year. The former Adamawa United coach delivered silverware in his first major competition. He led the Super Falcons to their 10th WAFCON in Morocco. With Madugu in charge, Nigeria won but one of all their games at the 2024 WAFCON, including an incredible comeback…

The Lagos State Government has directed all operators in the hospitality business, such as hotels, event centres and night clubs, to secure the approval of both the Lagos State Parking Authority (LASPA) and the Lagos State Traffic Management Authority (LASTMA), to ensure effective parking and traffic management. The Lagos State Government issued the directive on Thursday in a joint statement signed by the General Manager of LASPA, Mrs. Adebisi Adelabu and the General Manager of LASTMA, Mr. Bakare-Oki Olalekan. It noted that the development became necessary to effectively rid the state of all forms of indiscriminate parking of vehicles and…

Despite a notable rise in total capital inflows into Nigeria in the first quarter of 2025, a troubling trend is emerging in the structure of these investments, which may have long-term implications for economic growth, job creation, and industrial development. According to the latest Capital Importation Report from the National Bureau of Statistics (NBS), Foreign Direct Investment (FDI) into Nigeria plummeted by 70.06% quarter-on-quarter, falling from $421.88 million in Q4 2024 to $126.29 million in Q1 2025. While this represents a marginal year-on-year growth of 5.97% compared to Q1 2024, it is a stark indicator of dwindling investor confidence in…

Super Eagles goalkeeper Maduka Okoye appears to have put recent breakup rumours to rest after a video surfaced showing him spending quality time with his son and partner, Jelicia Westhoff, Soccernet.ng reports. The 25-year-old Udinese shot-stopper was seen sharing a tender moment with his son following his side’s pre-season victory over Dutch outfit FC Twente at the De Grolsch Veste stadium. A rare public appearance spotted Westhoff in attendance, which has sparked speculations that the couple are very much still together. The video, which has since circulated on social media, shows the Nigerian international embracing his role as a father.…

Wilfred Ndidi’s long-anticipated exit from Leicester City is nearing completion, as Turkish powerhouse Besiktas confirmed on Wednesday that formal negotiations are underway for the midfielder’s permanent transfer. In a late-night update posted on their official channels, Besiktas revealed they have entered talks with both Leicester City and Ndidi. The statement, filed with the Public Disclosure Platform (KAP), read: “Negotiations have begun with the player and his club, Leicester City Football Club Limited, regarding the transfer of professional football player Wilfred Onyinye Ndidi.” The 28-year-old Nigeria international has since touched down in Turkey and was welcomed by senior Besiktas officials.…

NAN The Police Command in Kaduna said its operatives have discovered explosive devices and recovered one locally-made pistol with 21 rounds of ammunition and other high-calibre weapons ammunition in the state. The command’s spokesperson, DSP Mansir Hassan, confirmed the development in a statement on Wednesday in Kaduna. Hassan said, “On Friday, acting on credible intelligence received, the command was alerted to the presence of suspicious items believed to be Unexploded Ordnances (UXOs) at a scavenger’s company located around the Kudandan Industrial Area in Kaduna South Local Government Area.” He said the suspicious items were reportedly found within a load of…

In SummaryAfrican economies face a complex web of structural constraints, including a persistent continent-wide trade finance gap estimated at about US$100 billion.South Africa stands at the forefront, with the Public Investment Corporation (PIC) managing approximately ZAR 2.693 trillion (USD 142 billion) in assets as of March 2024, making it Africa’s largest asset manager.Uganda’s institutional investment sector is emerging, with entities like the National Social Security Fund (NSSF) playing a pivotal role.Deep Dive!!Institutional Investors are organizations or entities that invest large sums of money in financial markets on behalf of their members, clients, or stakeholders. These investors typically include pension funds, insurance…

Former House of Representatives Minority Leader, Farouq Aliyu, has dismissed Peter Obi’s recent promise to serve only one term if elected president in 2027, describing the pledge as unrealistic and a reflection of political inexperience. Speaking on Prime Time, a programme aired on Arise Television on Wednesday, Aliyu took aim at the former Anambra State governor, stating that Obi’s declaration underscores his lack of understanding of the scale and complexity of running a country like Nigeria. “Sometimes when you’re out of office or when you’re not in the place, you would not know. To me, it’s just rhetoric, and he’s…