Month: May 2026

Nigeria’s Economy May Not Survive on Statistical Manipulation

  BY BLAISE UDUNZE Nigerians should gear up to start seeking accountability from those in power because the country is gradually entering one of the most dangerous phases in its economic history, not merely because inflation is high, unemployment is worsening, or public debt is rising, but because the institutions responsible for telling them the…

Alleged N36m Fraud: EFCC Arraigns Blessing CEO in Lagos

The Lagos Zonal Directorate 1 of the Economic and Financial Crimes Commission, EFCC, Awolowo Road, Ikoyi, on Friday, May 15, 2026, arraigned a social media influencer and self-styled relationship therapist, Okoro Blessing Nkiruka, (also known as Blessing CEO), before Justice D.I. Dipeolu of the Federal High Court sitting in Ikoyi, Lagos, over an alleged N36…

Lagos Seals Buildings, Malls, Hotels For Noncompliance With Lift Safety Regulations

The Lagos State Government has sealed several buildings, shopping malls and hotels for failing to comply with mandatory lift and elevator safety regulations. The enforcement operations, carried out by the Lagos State Safety Commission on Thursday, affected more than 12 facilities across key locations, including Admiralty Way in Lekki Phase I and parts of Ikeja.…

Q1 2026: Zenith Bank Crosses N1 Trillion Mark In Gross Earnings

Zenith Bank Plc has announced its unaudited results for the first quarter ended 31st March 2026, with a 6% growth in Gross Earnings, from N950 billion reported in Q1 2025 to N1.01 trillion in Q1 2026. This is despite the challenging operating environment and tightening monetary policy stance. From the unaudited statement of account submitted to the Nigerian…