Author: Adejuyigbe Adegoke

The International Finance Corporation (IFC), is gearing up to send a high-level team to Nigeria to explore investment opportunities that could attract significant private capital in key sectors of the economy. They’re looking at areas like livestock production, energy infrastructure, and housing development, all of which are vital for Nigeria’s long-term economic growth and transformation. This announcement came during the 13th Africa CEO Summit in Kigali, Rwanda, where IFC’s Managing Director, Makhtar Diop, had a chance to meet with Nigeria’s President, Bola Ahmed Tinubu, on the sidelines. The IFC team also included Ethiopis Tafara and Dahlia Khalifa. In their discussion,…

The Federal Government (FG), of Nigeria has rolled out a sweeping national policy that requires drug and substance abuse testing for secondary school students. This initiative is part of a larger effort to tackle the growing issue of substance abuse among the youth. It falls under the National Implementation Guidelines Against Drug and Substance Use in Schools and stands out as one of the most extensive anti-drug measures ever introduced in the education system. Led by the Federal Ministry of Education in partnership with the National Drug Law Enforcement Agency (NDLEA), this initiative aims to foster safer and healthier learning…

The Lagos State Government is gearing up to kick off the Y2026 Ministerial Press Briefing, a key public accountability initiative aimed at highlighting the achievements, policies, programs, and developmental progress made by the administration of Babajide Sanwo-Olu and Obafemi Hamzat over the past year. This month-long briefing, organised by the Lagos State Ministry of Information and Strategy, is set to officially begin on Monday, May 11, 2026. Members of the Lagos State Executive Council, including commissioners and heads of various Ministries, Departments, and Agencies (MDAs), will be on hand to provide thorough accounts of their work, reflecting the administration’s dedication…

Nigeria and the United States are ramping up collaboration on security, counterterrorism, and regional stability, marking a significant step in strategic partnership. During a three-day working visit to the U.S. from May 4 to May 6, Nigeria’s National Security Adviser, Mallam Nuhu Ribadu, engaged in a series of high-level discussions with key U.S. officials. He conveyed President Bola Ahmed Tinubu’s strong commitment to nurturing Nigeria’s long-standing strategic ties with the United States. Ribadu met with U.S. Vice President J. D. Vance, Acting National Security Advisor Marco Rubio, Undersecretary for Political Affairs, Allison Hooker, and Assistant Secretary of War, Daniel Zimmerim.…

The idea of former President, Goodluck Jonathan, making a comeback for the 2027 presidential election is sparking quite a bit of discussion across the nation. Recent remarks attributed to Jonathan indicate that he’s “consulting widely” before making a decision about entering the race. For many Nigerians, this topic stirs up strong emotions alongside political considerations. Goodluck Jonathan is one of the most well-known democratic figures in Nigeria’s recent history, especially due to his peaceful concession in 2015—a moment that really bolstered Nigeria’s democratic reputation throughout Africa. However, just because people admire that one act doesn’t mean they should automatically support his…

The Federal Government of Nigeria has formally prohibited recipients of honourary doctorate degrees from using the title “Dr.” in official, academic, or professional contexts. The directive was announced by the Minister of Education, Dr. Tunji Alausa, following a Federal Executive Council (FEC), meeting at the Presidential Villa in Abuja. This policy, implemented through the National Universities Commission (NUC), represents a significant reform aimed at restoring discipline, credibility, and global respect for the academic system. Background and Rationale Honourary doctorate degrees (honouris causa), are traditionally awarded to individuals who have made exceptional contributions to society, leadership, or scholarship. However, the ministry…

Global oil markets experienced a sharp surge as geopolitical tensions escalated in the Middle East, particularly following Iranian attacks on energy infrastructure in the United Arab Emirates (UAE). Brent crude—the international oil benchmark—rose above $114 per barrel, reaching a near four-year high, while U.S. West Texas Intermediate (WTI), also climbed above $105–$106 per barrel. This spike reflects renewed fears of supply disruptions in one of the world’s most critical oil-producing and transit regions. Trigger: Iranian Attacks on UAE Oil Infrastructure The immediate catalyst for the price surge was a series of drone and missile attacks by Iran targeting UAE energy…

Urban mobility in Nigeria—especially in cities like Lagos and Abuja—is evolving rapidly. Bus Rapid Transit (BRT), systems and rail networks are not just transport solutions; they are moving billboards, civic identity markers, and behavioural influencers. With agencies like Fishe NG positioned at the intersection of traditional and digital media, the opportunity is to transform transport branding into a high-impact communication ecosystem. Start with Strategy, Not Design Most transport branding in Nigeria fails because it starts with visuals instead of purpose. A proper BRT/rail branding plan must define: Primary objective: Revenue (target audience) vs Identity (branding) Audience segments: Daily commuters Pedestrians…

Recently, Michael Waltz, the United States Representative to the United Nations, officially launched the “Trade Over Aid” Initiative at the New York Stock Exchange in New York City. This initiative represents a strategic shift in U.S. development policy—from traditional foreign aid models toward a framework centered on trade, private investment, and economic self-reliance. The launch event brought together senior officials from U.S. government agencies, international organizations, and major global corporations, signaling a broad coalition in support of the initiative. Background and Rationale Traditional Aid Model For decades, the U.S. has been the world’s largest provider of humanitarian and development assistance.…

On May 1, 2026, during the International Workers’ Day celebrations, the Governor of Lagos State, Babajide Sanwo-Olu, approved a ₦50,000 wage award for all public sector workers in the state. The announcement, delivered at the Mobolaji Johnson Stadium, formed part of a broader policy direction aimed at improving workers’ welfare, addressing economic hardship, and reinforcing labour-government relations in Nigeria’s commercial hub. Event Overview: 2026 May Day Celebration The 2026 May Day event in Lagos was marked by a large turnout of workers, union leaders, and residents, reflecting strong labour participation. The Governor was represented by his deputy, Kadri Obafemi Hamzat.…

Dangote Petroleum Refinery has announced a fresh increase in the price of Premium Motor Spirit (PMS), commonly known as petrol, reinforcing ongoing volatility in Nigeria’s deregulated fuel market. The refinery raised its ex-depot price by ₦75, moving from ₦1,200 to ₦1,275 per litre. In addition, coastal supply prices have been adjusted upward to ₦1,215 per litre, reflecting broader pricing changes across distribution channels. This adjustment represents roughly a 3–5% increase, depending on pricing benchmarks used, and continues a pattern of incremental price reviews in response to market realities. Link to Global Oil Market Trends The latest increase is closely tied…

The debate over the viability of Nigeria’s state-owned refineries has resurfaced following renewed comments by former President Olusegun Obasanjo, who insists the facilities “will never work again.” His remarks, delivered during an interview on Sony Irabor Live, come at a time when the Nigerian National Petroleum Company Limited (NNPC), is actively seeking technical partners to manage the Port Harcourt, Warri, and Kaduna refineries. Obasanjo’s position reflects not just personal opinion but a long-standing critique of state-led oil infrastructure—one rooted in history, policy reversals, and institutional weaknesses. Background: Nigeria’s Troubled Refining Sector Nigeria owns four major refineries: Port Harcourt (two units)…