₦airaland Forum

“I’m now the self-imposed Director General of the Tinubu campaign for 2027, and Niger State is the campaign headquarters for Asiwaju 2027.”

- Niger State Governor, Umaru Bago declared. pic.twitter.com/6ElFS8RkW2

— Imran Muhammad (@Imranmuhdz) August 12, 2025

Rufai Oseni at a local restaurant insulting and harassing the food sellers.

pic.twitter.com/h93tHlKsvc

— High Chief Lawrence Igbins Okoro (@HighChiefOkoro) August 11, 2025

Samsyne:
I'm not jobless

Ladies and Gentlemen, Asiwaju Bola Ahmed Tinubu is our father in the South West and he will remain our father because he is from this region. I want to say here to you members of the PDP, that there is no reason whatsoever to have any hatred for him. Hausas will protect their own, Ibibios will protect their own, the South South will protect their own, we must protect our own. I re-emphasise here that we will not only support Asiwaju Bola Ahmed Tinubu, we will give all necessary support that is needed to ensure that South West continues to reign. Let nobody give you unnecessary spark, this country belongs to all of us.

South West PDP to unanimously support Tinubu's re-election - Ogun Chair pic.twitter.com/V0ERzbUJld

— Africa Independent Television (@AIT_Online) August 5, 2025

Samsyne:
U just been paid Ur monthly allowance I get it would soon finish

Capital inflows into Nigeria surged to $5.6 billion in the first quarter of 2025, representing a 67.12% increase compared to $3.4 billion recorded in the same period of 2024.

This is according to the latest report from the National Bureau of Statistics (NBS) titled “Nigeria Capital Importation Q1 2025”.

The figure also reflects a 10.86% rise from the $5.1 billion reported in the fourth quarter of 2024.

“In Q1 2025, total capital importation into Nigeria stood at US$5642.07 million, higher than US$3376.01 million recorded in Q1 2024, indicating an increase of 67.12 %. In comparison to the preceding quarter, capital importation increased by 10.86% from US$5089.16 million in Q4 2024,” the report stated.

The NBS also stated that portfolio investment ranked top with $5.2 billion, accounting for 92.25%, followed by other investment with $311.17 million, accounting for 5.52%.

According to the NBS, “Foreign Direct Investment recorded the least with US$126.29 million accounting for 2.24% of total capital importation in Q1 2025.”

Banking sector, UK take the lead in Q1 2025
According to the NBS, the banking sector took the lead with the highest inflows in Q1 2025.

The report stated, “The Banking sector recorded the highest inflow with US$3127.92 million, representing 55.44% of total capital imported in Q1 2025, followed by the Financing sector, valued at US$2097.48million (37.18%), and Production/Manufacturing sector with US$129.92 million (2.30%).”

The report further noted that capital importation during the reference period originated largely from the United Kingdom with $3681.96 million, showing 65.26% of the total capital imported.

“This was followed by the Republic of South Africa with US$501.29 million (8.88%) and Mauritius with US$394.51 million (6.99%),” NBS stated.

Abuja, Lagos lead other states in capital importation
The report noted that the Federal Capital Territory and Lagos received the highest amount of capital importation in Q1 2025.

“Out of the five states that recorded capital importation during the quarter, Abuja (FCT) remained the top destination with US$3047.45 million, accounting for 54.11% of the total capital imported. Lagos State followed with US$2564.68 million (45.44%), and Ogun State with US$7.95million (0.14%).

“Others were Oyo and Kaduna States with US$7.81 Million and 4.06 Million respectively,” the NBS report stated.

More insights
The report noted further noted that Standard Chartered Bank Nigeria Ltd received the highest capital importation into Nigeria in Q1 2025 with $2.10 billion, followed by Stanbic IBTC Bank PLC with $1.40 billion and Citibank Nigeria Limited with $1.05 billion.

WorldRichest:
POL 901: Advanced Politricking

Chief Lecturer: Barrister Nyezom Wike

A Nigerian Law School student, David Obiora, who was kidnapped alongside others on the night of July 26, 2025, has clarified that their abductors were Tiv indigenes from Benue State, and not Fulani as widely speculated.

In an interview with Vanguard, Obiora recounted his ordeal, refuting claims by the Nigeria Police that he and five other students were rescued by security operatives in Benue State.

Obiora, a law student at the Nigerian Law School’s Yola campus, explained that they were abducted along the Zakibiam-Mukari Expressway after boarding a company’s transport vehicle from Onitsha en route to Yola.

“We were six law students in the bus with the driver, three other passengers heading to Cameroon, and a woman working in Anambra who was going on holiday to Yola.

“We were kidnapped around 9 p.m. on the 26th of July. The incident happened between Zakibiam and Mukari, near a town called Jootar. We were taken 20 kilometers into the bush by about ten armed men, four wielding AK-47 rifles, the others with machetes and daggers.

“They drove the bus deep into the bush until it got stuck. They then called for reinforcement, and more members arrived on motorcycles. We were moved deeper into the forest before arriving at a halt, where we met four other victims , a non-teaching staff of Federal University Wukari, a youth corps member named Dauda Wisdom, a pastor who had just undergone surgery in Benue, and another unidentified man. We were held for six days before we were released after each of us paid N10 million in ransom.”

He stressed, “Let the record be clear, the Nigeria Police did not rescue us. The Law School did not rescue us. The Council of Legal Education did not rescue us. We were released after our families and friends raised and paid the ransom.”

Obiora further revealed that the kidnappers were mainly Tiv-speaking locals, with possibly one or two silent Fulani accomplices. “Their boss is named Matthew. He’s either a dismissed soldier or a deserter. All the others spoke Tiv , that is their language. They are from the same community where we were held. It seems the entire community has been overpowered or subdued. No one dares speak out.

“Children as young as 2 to 3 years old were playing with guns in front of us. The bandits cocked their rifles in front of these children like it was normal. We were even brought out in the open, where these kids could see us.

“Their wives were the ones cooking for us, fetching water for us , mud water. The same food we ate was what the kidnappers ate too.”

According to Obiora, one of the kidnappers, also named David, boasted about being in the kidnapping business for over nine years. “He told us he hasn’t been home in years. He claimed to have bought a Highlander SUV and another car for his wife, who now drives both. His children are in school and live well. But he cannot furnish or visit his own house because he’s a wanted man. He said they’re already marked and just doing business until they are caught.

“Matthew their boss on the other hand told us he has a ‘juju’ man in Kano who gives him spiritual protection. He said the army can’t kill him unless it’s the day God says he’ll die. He believed the ‘juju’ man would subdue any army that came after him.”

Obiora also described the terrifying moment they were abducted: “When they hijacked our bus, my initial thought was that it was Fulani, as usual. But their dialect and appearance confirmed they were Tiv. I was scared. It was my first experience, and I thought we would be killed. But they assured us they wouldn’t kill us.

“When we met the earlier abductees, they had been there for 22 days and also confirmed the captors don’t kill. That was when my mind calmed down. “Still, the conditions were terrible. We ate only once a day, and the food was unhealthy. We drank muddy water, the kind you wouldn’t use to wash a car. We were being cooked for by the ladies in the community”.

After their release, Obiora said the victims trekked for hours through dense bush paths from Benue into Taraba, eventually finding their way to a restaurant near a motor park. There, they spent the night and later linked up with a transport company manager who helped them continue their journey to Yola.

The International Monetary Fund (IMF) has upgraded its forecast for Nigeria’s economic growth to 3.4 per cent in 2025.

The new forecast represents a 0.4 percentage point decrease from the 3.0 percent forecast of the IMF in April this year.

Similarly, the IMF raised its forecast for the country’s economic growth for 2026 to 3.2 percent, representing a 0.5 percentage point increase from 2.7 percent in April.

The IMF announced the new forecast in its July 2025 edition of the World Economic Outlook (WEO), which also showed an upward revision of the forecast for global economic growth to 3.0 percent for 2025 and 3.1 percent for 2026.

The new forecast for global economic growth in 2025 represents an increase of 0.2 percentage points compared to the reference forecast in the April 2025 WEO, while the outlook for 2026 is up by 0.1 percentage points.

In the same vein, the IMF raised its forecast for the Sub-Saharan African region to 4.0 percent for 2025 and 4.3 percent for 2026, representing a 0.2 percentage point increase from 3.8 percent and a 0.1 percentage point increase from 4.2 percent, respectively, projected in the April 2025 WEO.

“Growth is expected to be relatively stable in 2025 in sub-Saharan Africa at 4.0 percent, before picking up to 4.3 percent in 2026,” the IMF said.

IMF’s Chief Economist, Pierre-Olivier Gourinchas, explained that the upward review of the global economic growth forecast reflects stronger-than-expected front-loading, lower tariff rates compared to early April, easier financial conditions, including a weaker US dollar and fiscal expansion in some jurisdictions.

Gourinchas added that overall, risks to the outlook remain tilted to the downside, as was the case in the April WEO.

“Risks remain tilted to the downside. A breakdown in trade talks or renewed protectionism could dampen growth globally and fuel inflation in some countries. Persistent uncertainty may weigh on investment, while geopolitical tensions and fiscal vulnerabilities pose additional threats. Financial conditions have eased, but they could tighten abruptly, especially in case of threats to central bank independence. On the upside, breakthroughs in trade negotiations could boost confidence and structural reforms could lift long term productivity,” added Gourinchas.

Consequently, the IMF advised policymakers to implement economic policies to bring confidence, predictability, and sustainability by calming tensions, preserving price and financial stability, restoring fiscal buffers, and implementing much-needed structural reforms.

“Reducing policy uncertainty is essential. This is especially true for trade policy, where the global economy needs clear, transparent and predictable rules. Many countries need to address fiscal vulnerabilities and rebuild fiscal buffers even if they face increased spending needs. Central banks must maintain price and financial stability while preserving independence. Exchange rate flexibility remains key, even if some tailored interventions may be appropriate in certain cases in line with our integrated policy framework. Finally, structural reforms that ease policy tradeoffs and support long term growth remain essential to long term prosperity,” said Gourinchas.

Janajack:
2027 presidential election goes this way
Tinubu APC vs Peter Obi PDP.
And Peter Obi carries the day.

"The information available to me is that at any moment from now, Peter Obi will return to the PDP and run as a presidential candidate under the PDP."

- Sen Ali Modu Sheriff, former Borno State Governor. pic.twitter.com/KKb7dAvJRm

— Imran Muhammad (@Imranmuhdz) July 28, 2025