Author: damazah@gmail.com

Senate President Godswill Akpabio has declared that Nigeria’s banking sector is now stronger and more resilient, while assuring Nigerians that the insecurity confronting the country will soon be defeated. Akpabio made the declarations while rallying citizens behind President Bola Tinubu’s Renewed Hope reforms, stressing that financial-sector reforms, security operations and citizens’ cooperation were critical to economic recovery and national development. The Senate President said the era when banks could suddenly collapse and depositors lose their money was over, attributing the development to reforms under the Tinubu administration. “Today, thanks to the bold vision and strategic foresights of President Bola Ahmed…

Presidential candidate of the Nigeria Democratic Congress, Peter Obi, in this interview with Arise News TV, speaks extensively on his ambition to govern Nigeria, his assessment of President Bola Tinubu’s government, removal of fuel subsidy, government spending, insecurity, challenges confronting the North, and his approach to governance, among other issues. Sunday Aborisade brings excerpts. How do you assess the removal of fuel subsidy and the economic consequences for Nigerians? The subsidy regime in Nigeria was enmeshed with corruption and criminality. I have said clearly that I will remove subsidies and fight corruption and criminality. It is only when you remove…

By Tunde Oso Nigerian Bottling Company (NBC) Ltd, a member of the Coca-Cola HBC Group, has marked its 75th anniversary in Nigeria with a gala event held at the Conference Centre, Abuja. Reflecting on the company’s origin, Anastassis G. David, Chairman of Coca-Cola HBC, said: “In 1951, Anastasios Leventis negotiated the rights for the whole of Nigeria. It was a big, bold decision, but it was also a statement of belief; Belief in Nigeria, as a country of exceptional importance, scale and prospect; Belief in its people—in communities across the nation; And belief in what could be achieved by investing…

“We built a functioning concept of how we do this for a surveillance and reconnaissance system based on a drone,” Hellander told Ars. “This is something we have also done in public demonstrations in Sweden.” Scaleout is participating in the Affordable Loitering Modular Ammunition (ALMA) project headed by BAE Systems Bofors that aims to develop a low-cost, autonomous kamikaze drone. The ALMA concept was first publicly demonstrated during a Winter Demo 2026 event held in Sweden in January. That demonstration showed how a drone could autonomously “detect, identify and geolocate all potential spotted threats with the use of AI,” according…

The chancellor is to warn the European Union (EU) not to lock the UK out of its scheme to protect industries from unfair Chinese competition.John Healey will push for closer UK-EU partnerships on tech, defence, and manufacturing at a meeting of EU finance ministers in Dublin on Friday.But he will call on the EU to design its “Made in Europe” programme in a way that deepens ties with the UK “rather than erecting new barriers”, Treasury sources told the BBC.Officials said Healey will tell European finance ministers it is important to “learn lessons” after talks collapsed last year for Britain…

In early September, OpenAI announced it had solved a major mathematics problem that has stumped humans for nearly a century. The news left mathematicians reeling, and many expressed concern over what will be left for humans as AI becomes ever more adept at unravelling complex problems. Now 25 recipients of the Fields medal – often called the Nobel prize for maths – have signed an open letter expressing their fears of a ‘severe misalignment’ between AI companies and their field. To find out how AI is likely to upend maths – and how mathematicians might respond – Ian Sample speaks…

All the fun of the funicular in SwitzerlandNo doubt your first thought on hearing the words “double-decker” is of a bus. But in the Swiss village of Stans, an old wooden funicular carriage ascends to the station, where a double-decker cable car awaits. Inside, a spiral staircase leads you to an open upper viewing deck. At the summit, the views back to Lucerne are superb, and there are alpine marmots to spot too. There was a wedding ceremony going on at the summit on our trip! MartinLiechtenstein’s Route 66Looking across the Three Sisters. Photograph: GanzTwins/Getty ImagesSteinbock, marmot and elderflower jam are…

• President says biggest legal hurdle to project execution cleared   •Applauds Obasanjo, Buhari, Fashola, EFCC, others  •Court says Atiku’s wife got $500,000, Agunloye received N5.2m   •Tribunal rejects Sunrise’s $400m settlement claim  •Orders firm to reimburse Nigeria $11.8m legal fees Emmanuel Addeh in Abuja Nigeria has secured another major victory in a string of high-stakes international legal battles, with the International Chamber of Commerce (ICC) tribunal in Paris yesterday throwing out a $2.35 billion claim by Sunrise Power and Transmission Company Limited over the long-delayed Mambilla Hydroelectric Power Project. The ruling also rejected a separate $400 million settlement claim and ordered…

Moses Aduku, Nigeria U-20 women’s coach believes England paid the price for underestimating the Falconets after his side produced a commanding 3-0 victory over the Young Lionesses in their Round of 16 clash at the 2026 FIFA U-20 Women’s World Cup in Poland on Thursday. The Falconets, who progressed to the knockout stage as runners-up in Group F, delivered one of their most impressive performances of the tournament to eliminate England at the Stadion Miejski Bielsko-Biała. Aduku’s side made their intentions clear from the opening whistle, putting England under pressure and getting their reward as early as the eighth minute.…

The Federal Government has begun processes to clear the backlog of Export Expansion Grant (EEG) payments and reform the scheme for sustainability. The Minister of Industry, Trade and Investment, Jumoke Oduwole, said this at a stakeholders engagement on the EEG scheme in Abuja on Thursday. Mrs Oduwole said the scheme had faced difficulties, with payments outstanding since 2020, leaving the current administration with significant payment backlogs. She said the backlog required validation and verification of claims submitted by exporters, involving several government agencies. According to her, the Federal Ministry of Finance, Central Bank of Nigeria (CBN) and other relevant agencies…