operation fansan yamma zamfara

Nigeria’s Ransom Crisis Is Turning Insecurity Into a Family Debt Trap

Nigerian troops are recording fresh successes against terrorists in Zamfara, but another part of the security crisis is becoming harder to ignore: even when people survive kidnapping, their families may not recover financially. Troops under Operation Fansan Yamma recently neutralised two terrorists in Zamfara and intercepted 180 suspected explosive devices. The operation is another sign…

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jowizaza father released

Jowizaza’s Father’s Release Raises a Bigger Question About Wealth, Visibility and Kidnapping in Nigeria

The release of businessman Chief Joseph Ebere Ezeokafor, father of socialite Jowizaza, after 11 days in kidnappers’ custody is a relief for his family. But beyond the celebrations, the case has exposed a growing security problem for wealthy Nigerians: how much information about a person’s wealth is now available to criminals before they even make…

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davido and uncle adeleke

Davido Says Soldiers Are Blocking His Entry Into Osun, But There’s a Bigger Question

Afrobeats star Davido has raised fresh controversy around the Osun governorship election after claiming he was reliably informed that soldiers were attempting to prevent him from entering the state ahead of Saturday’s vote. The singer, whose real name is David Adeleke and whose uncle, Governor Ademola Adeleke, is seeking re-election, said every Nigerian has the…

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tinubu says refineries will bounce back

Tinubu Says Nigeria’s Refineries Will Bounce Back, But Nigerians Have Heard This Before

President Bola Tinubu has again promised that Nigeria’s state-owned refineries will return to operation, saying the government is carrying out a “structural and economic reset” to ensure the facilities must become productive and profitable. That distinction is important because Nigeria has already celebrated refinery “revivals” that did not last. Port Harcourt restarted in November 2024,…

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Nigeria’s $50bn Deep Offshore Bet: Will Tax Breaks Finally Put the Oil Back Underwater?

President Bola Tinubu has signed a new Deep Offshore Oil and Gas Projects Incentives (Tax Remission) Order aimed at unlocking up to $50 billion in investment in Nigeria’s deepwater oil sector, beginning with the approximately $10 billion Bonga South West project. But the bigger question is not whether the incentives will attract investors. It is…

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Nigeria’s Private Sector Is Picking Up, But the Real Test Is Whether Growth Reaches Businesses

Nigeria’s latest private-sector numbers offer one of the clearest signs yet that businesses are beginning to regain confidence. Business activity reportedly reached a five-month high, while the Nigerian Exchange Group’s market value has climbed to about ₦160 trillion. But the more interesting question is whether this improvement is the beginning of a broader economic recovery…

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EFCC’s Osun Account Freeze Turns a Corruption Probe Into an Election-Time Test

The Economic and Financial Crimes Commission (EFCC) has frozen an Osun State Government bank account over what it says are suspicious transfers linked to an investigation into the alleged diversion of about ₦11 billion in public funds. The investigation, which began in March, covers funds including ecology money, intervention funds and FAAC allocations. But the…

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