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Daily Archives: March 12, 2025

Lagos State Solidifies Position as Africa’s Second-Largest Economy

Lagos State has cemented its position as one of Africa’s economic powerhouses, with its Gross Domestic Product (GDP) reaching an impressive $259 billion based on purchasing power parity (PPP). This milestone places Lagos as the second-largest economy on the continent, trailing only Cairo, Egypt. The state’s GDP stood at US$259.75 billion in 2023, and its economy recorded significant growth in …

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Access Bank Nears Acquisition of National Bank of Kenya In Pan-African Expansion Push

Access Bank is close to finalizing its acquisition of National Bank of Kenya (NBK) from KCB Group, marking a significant milestone in its pan-African expansion strategy. The deal, valued at around $100 million, will give Access Bank a stronger foothold in Kenya, East Africa’s largest economy. KCB Group CEO Paul Russo confirmed that the acquisition is in its final stages, …

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Nigeria Warned of $110 Billion Food Import Bill On 2025

The Sasakawa Africa Association (SAA) has sounded the alarm that Nigeria may spend a staggering $110 billion on food imports in 2025 if it fails to adopt and strengthen digital agricultural extension services. This warning was issued by Dr. Godwin Atser, SAA’s Country Director, at the Annual Stakeholder Workshop in Abuja. Atser emphasized that continuous spending on food imports is …

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Four Edo Lawmakers Defect To APC, Citing Internal Divisions In PDP And LP

Four members of the Edo State House of Assembly, elected under the Peoples Democratic Party (PDP) and Labour Party (LP), have defected to the All Progressives Congress (APC), citing internal divisions within their former parties. The lawmakers, who include Hon. Donald Okugbe, Hon. Bright Iyamu, Hon. Richard Edosa, and Hon. Sunday Ojiezele, pledged their commitment to working with Governor Senator …

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Ekiti’s Agricultural Boom: Young Farmers Earn Over N200 Million

Ekiti State Governor, Mr. Biodun Oyebanji, has announced that young farmers participating in the state’s farming scheme earned over N200 million last year from selling their produce. This achievement is part of the state’s efforts to improve food security through infrastructure development, aiming to turn Ekiti into an agricultural hub in Nigeria. Governor Oyebanji emphasized that the government has successfully …

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Omoni Oboli’s Movie Restored on YouTube Following Brief Removal

Omoni Oboli’s romantic drama ‘Love in Every Word’ has been reinstated on YouTube after a brief removal due to a copyright claim by Chinonso Obiora, also known as Skyberry. The film, which had garnered over 7 million views in just three days, was taken down on Tuesday evening but restored by Wednesday morning. The sudden takedown sparked widespread outrage and …

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Heaven Won’t Fall If Fubara Is Impeached – Wike

Former Rivers State Governor Nyesom Wike has stated that impeaching his successor, Governor Siminalayi Fubara, won’t lead to a breakdown of law and order in the state. Wike, now the Minister of the Federal Capital Territory (FCT), made this statement at a media parley in Abuja on Wednesday, March 12, 2025. According to Wike, there would be nothing wrong if …

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Nigeria’s Youth Development Minister Signs Landmark MoU To Empower 100,000 Youths

Nigeria’s Minister of Youth Development, Ayodele Olawande, has signed a Memorandum of Understanding (MoU) with Niger State Governor Mohammed Umar Bago and other stakeholders. The agreement aims to empower 100,000 youths through a National Youth Agricultural Scheme. The partnership seeks to produce 500,000 tons of food, with each youth earning N150,000 in the first year. The Minister praised the Governor’s …

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Fubara Submits 2025 Budget To Rivers Assembly Amidst Controversy

Rivers State Governor, Siminalayi Fubara, has written to the House of Assembly, informing them of his intention to present the 2025 Rivers State Appropriation Bill. The letter, dated March 11, 2025, was addressed to Speaker Martins Chike Amaewhule and personally signed by Fubara. In the letter, Fubara referenced his statewide broadcast on March 2, 2025, where he reaffirmed his commitment …

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Violence Erupts In Benue, Nasarawa, And Ondo States

Benue, Nasarawa, and Ondo states were gripped by widespread protests and anger yesterday, following the killing of at least 28 people by herdsmen and bandits. A tragic farmers/herders’ clash in Nasarawa LGA, Nasarawa State, resulted in the loss of at least 20 lives, including a pregnant woman. The violence also left many injured, with houses, motorcycles, and a police vehicle …

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