Governance
Peter Obi confirmed his exit from the ADC on Sunday, then walked into the NDC secretariat by the afternoon. His explanation was the same one he gave when he left Labour. Peter Obi posted to X on Sunday morning. He said the same agents who created crises inside the...
Economy
Nigeria’s foreign reserves dropped by $1.57 billion between March 11 and April 24. In the same period, Nigeria earned a reported N5 trillion oil windfall. Atiku raised this on Sunday. The government hasn’t answered it. Crude prices rose from under $70 a...
Energy
Nigeria is projected to earn an additional N6.8 trillion in oil revenue in 2026. Petrol prices at the pump have risen by over 50 percent since February. The earnings and the pain are not going to the same place. One forecast, from BMI, puts Nigeria’s additional...
Diaspora
The CBN’s new IMTO directive came into force on May 1. Every operator routing money to Nigeria now has to route transfers through designated naira settlement accounts and benchmark rates using Bloomberg BMATCH. The reader sending money home this week is about to...
Arts, Culture
NollywoodWeek opens in Paris on Wednesday and runs until May 10. Two films in this year’s selection are worth knowing about before you hear about them elsewhere. The festival has run for over a decade. It is one of the more serious international platforms...
Governance
Nigeria’s Supreme Court settled the leadership question in two opposition parties yesterday. A court ruling can only tell you who holds the structure. It can’t tell you whether the structure still means anything. Yesterday the Supreme Court delivered its...