Author: Citynews

All Progressives Congress, APC, governorship aspirant in Lagos state, Samuel Ajose, has said that the endorsement of Deputy Governor Obafemi Hamzat as the next governor by Governor Babajide Sanwo-Olu and the Governance Advisory Council, GAC, will not stand. GAC, regarded as the highest decision-making body of the All Progressives Congress in Lagos State, endorsed Hamzat, as its consensus candidate for the 2027 governorship election. The decision was reached during a closed-door meeting held at Lagos House, Marina, indicating an early alignment within the ruling party ahead of the next electoral cycle. Speaking after the session, GAC leader, Tajudeen Olusi, said members…

Fresh revelations have surfaced in the ongoing trial of Godwin Emefiele, as a key prosecution witness told the court that suspects linked to the case admitted involvement in a $6.23 million fraud tied to the Central Bank of Nigeria. The trial is taking place before Justice Hamza Muazu at the Federal Capital Territory High Court in Maitama. The former apex bank chief is facing a 20-count amended charge bordering on alleged abuse of office, criminal breach of trust, forgery, conspiracy, and obtaining money under false pretence. Testifying on Tuesday, the 14th prosecution witness, Eloho Okpoziakpo, a Commissioner of Police attached…

The 2023 presidential candidate of the Labour Party, Peter Obi, is currently holding a closed-door meeting with the Oyo State Governor, Seyi Makinde. The meeting is taking place at the Oyo State Government House. Obi was accompanied to the meeting by some Igbo elders, African Democratic Congress, ADC, senators from the South-East, and his political associates. Although he is yet to address the press, the meeting may not be unconnected to his presidential ambition. This is coming barely 24 hours after the former governor of Anambra State met with ex-Nigerian President, Goodluck Jonathan. Obi has been consulting leaders across the…

Former Minister of Power, Prof. Barth Nnaji, on Monday made an assessment of Nigeria’s power sector, blaming over a decade of stalled investment on policy inconsistency, weak infrastructure development, and the abrupt discontinuation of a financing framework that had begun attracting global capital into electricity generation projects. Nnaji spoke in Lagos at the 2026 conference of the Nigerian Association for Energy Economics, where he addressed participants on the future of Nigeria’s energy mix, the role of natural gas in powering the economy, the financing bottlenecks facing major projects, and the long-standing delays around strategic assets such as the Mambilla hydropower…

The Economic and Financial Crimes Commission, EFCC, insisted on Monday at the High Court of the Federal Capital Territory that the signatures of late President Muhammadu Buhari and former Secretary to the Government of the Federation (SGF), Boss Mustapha, were forged by unscrupulous Nigerians to defraud the country of $6,230,000. EFCC Assistant Commander II, Mr Chinedu Eneanya, told the court that five officials of the Central Bank of Nigeria (CBN) moved the money out of the apex bank under the guise that it was meant for the payment of foreign election observers in the 2023 general elections. The anti-graft agency…

Peter Obi has said closed-door meeting with former President Goodluck Jonathan on Monday was frank and thoughtful. He said the discussions were anchored on the urgent need to reposition Nigeria on the path of unity, security, stability, productivity, and inclusive governance. The former Anambra governor, who led a delegation of notable South-East leaders to Jonathan’s residence, said the consultation was part of his ongoing engagements with Nigerian leaders ahead of the 2027 general elections. “Our discussions were frank, thoughtful, and anchored on the urgent need to reposition Nigeria on the path of unity, security, stability, productivity, and inclusive governance. “At…

Zenith Bank Plc has announced the opening of its Côte d’Ivoire subsidiary, marking a pivotal achievement in the Group’s Pan-African expansion strategy. The official opening ceremony, scheduled to hold on Wednesday, April 29, 2026, is expected to attract senior government officials and regulators from Nigeria and Côte d’Ivoire, continental business leaders, and members of the diplomatic community, highlighting the strategic economic ties and investment opportunities between the two markets. The new subsidiary, licensed in December 2025 by the Ministry of Finance and Budget, Republic of Côte d’Ivoire, and regulated by the UMOA Banking Commission, will commence operations from its headquarters…

Olusegun Obasanjo, a former president of Nigeria has slammed the present administration of President Bola Tinubu over the persisting insecurity across the nation. Obasanjo in an interview with News Central Television said the growing killings and kidnappings in most parts of Nigeria are worrisome. According to the former president, any government that fails to protect the lives and property of citizens does not have the right to remain in power. Obasanjo said, “Let me tell you, the government that cannot give security of life and property of its citizens has no right of existence.” The former president also queried the…

Former Attorney General of the Federation, Abubakar Malami, has taken a firm legal stand against the Economic and Financial Crimes Commission over the seizure of several properties linked to him. The dispute is now before the Federal High Court of Nigeria in Abuja. It follows an interim forfeiture order obtained earlier by the anti-graft agency. The order affected multiple assets said to be under investigation. Malami, in court documents seen on Monday, pushed back strongly against the claims. He insisted that his wealth and properties were acquired legally over many years. He tied them to his career as a lawyer,…

Factions of the Peoples Democratic Party, African Democratic Congress, Accord Party, and Labour Party have rejected the Ibadan opposition summit, stating it does not represent their official stance. They reaffirmed plans to field separate candidates against President Bola Tinubu in the 2027 elections. The PDP National Working Committee, backed by the Minister of the Federal Capital Territory, Nyesom Wike, claimed that former Vice President Atiku Abubakar, former Senate President David Mark, former Governors Rabiu Kwankwaso (Kano), Peter Obi (Anambra) and other opposition figures were misled by ‘’impostors’’ who organised the summit. Also reacting, the two ADC camps of the 2023…