The Alaafin of Oyo, Oba Akeem Owoade, has described the Orangun of Ila, Oba Abdulwahab Oyedotun, as “a true leader on the front lines,” as he congratulated the monarch on his 23rd coronation anniversary. In a message issued through his Director of Media and Publicity, Bode Durojaiye on Monday, the monarch commended Orangun’s visionary leadership […]
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Nigeria’s economy sustained its growth momentum in the first quarter of 2026, with real Gross Domestic Product (GDP) expanding by 3.89 per cent year-on-year, reinforcing analysts’ expectations of stronger economic performance through the rest of the year.
The latest GDP report released by the National Bureau of Statistics showed that the economy grew faster than the 3.13 per cent recorded in the corresponding period of 2025, although slightly below the 4.07 per cent growth achieved in the fourth quarter of 2025.
Reacting to the data, analysts at Cowry Asset Management Limited said the performance aligned with their forecast and reflected the resilience of the domestic economy despite prevailing global uncertainties and lingering structural constraints.
According to Cowry Research, the sustained growth trajectory was largely driven by strong performance across key non-oil sectors, particularly Information and Communication, especially Telecommunications, alongside Agriculture, Trade, Manufacturing, Financial Services, Construction, Real Estate and Transportation.
The research firm noted that Nigeria has now maintained GDP growth above the 3.0 per cent threshold since the second quarter of 2024, with average growth estimated at about 3.6 per cent between Q1 2024 and Q1 2026.
Cowry Research attributed the sustained expansion to the gradual impact of ongoing economic reforms, improved stability in the foreign exchange market, rising investor confidence and easing inflationary pressures recorded earlier in the year.
The analysts expressed optimism that economic activities would remain moderately resilient in the coming quarters, supported by continued expansion in Telecommunications, Financial Services, Agriculture, Transportation, Water Supply and selected manufacturing segments.
“Economic fundamentals continue to show signs of gradual strengthening, particularly within the non-oil economy, which remains the major driver of growth,” the report stated.
Based on current economic trends, Cowry Research projected that Nigeria’s real GDP growth would settle between 3.98 per cent and 4.03 per cent in the second quarter of 2026, while maintaining its full-year growth forecast of 4.12 per cent.
The firm, however, cautioned that rising geopolitical tensions and external shocks could pose downside risks to the economy in subsequent quarters. It specifically highlighted concerns surrounding tensions around the Strait of Hormuz and the resulting pressure on global energy prices, which could worsen domestic inflationary conditions and weaken economic stability.
Cowry Research also identified elevated energy costs, insecurity, weak infrastructure investment and persistent global uncertainty as major headwinds capable of constraining growth momentum.
Despite these challenges, analysts maintained that the resilience of the non-oil sector, combined with ongoing reforms and relative macroeconomic stability, would likely keep Nigeria on a moderate growth path throughout 2026.
Analysts Project Stronger Growth Despite Energy, Infrastructure Challenges is first published on The Whistler Newspaper
The Chief of Defence Staff, CDS, General Olufemi Oluyede, has ordered the deployment of special forces and aerial surveillance assets to Oyo State following a series of recent kidnapping incidents across the state.
He assured residents that the military would sustain aggressive operations until those responsible are apprehended and security is fully restored in the affected areas.
Speaking with journalists on Tuesday during a briefing on the Armed Forces’ operational activities for May, the Director of Defence Media Operations, Major General Michael Onoja, said the military recognised the growing security concerns in Oyo State and sympathised with affected families, the state government and residents.
“The Defence Headquarters expressly acknowledges the recent kidnapping incidents reported in Oyo State. The Chief of Defence Staff, General Olufemi Oluyede, extends his heartfelt sympathy and solidarity to the affected families, the government and people of Oyo State, reaffirming that the Armed Forces of Nigeria consider any threat to civilian peace as an unacceptable challenge to national sovereignty,” Onoja said.
He disclosed that the CDS had directed an extensive security reinforcement across the affected locations through the deployment of advanced aerial surveillance platforms and specialised ground troops working closely with state authorities.
According to him, the ongoing operations have already generated valuable intelligence, while troops have been instructed to maintain sustained pressure on the perpetrators until they are brought to justice.
“In immediate response, the CDS has directed comprehensive security reinforcement within the general area, deploying advanced aerial surveillance assets and specialised ground forces in collaboration with relevant state authorities.
“Operational efforts are already yielding useful intelligence, and troops will continue relentless operations until the criminals are apprehended and normalcy is fully restored,” he added.
The Defence Headquarters also released operational statistics for May 2026, revealing that troops arrested 314 suspects, neutralised 118 terrorists and rescued 221 kidnapped civilians in different operations across the country.
The Niger State chapter of the African Democratic Congress (ADC) has declared Dr Mohammed Kpautagi Mohammed as its governorship candidate for the 2027 general elections after he emerged victorious in the party’s primary election. The result was announced in Minna by the State Returning Officer, Ibrahim Mohammed, during the official declaration of results for governorship, […]
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A traffic enforcement officer attached to the Traffic Management and Regulatory Agency has reportedly lost his life after being stabbed by a commercial mini-bus driver during a routine traffic enforcement operation in Calabar South Local Government Area of Cross River State. The tragic incident occurred on Monday, May 25, 2026, at about 10:00 a.m., in […]
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For many Nigerians planning to relocate abroad for work, the United Kingdom remains one of the most realistic and attractive destinations.
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The Ohanaeze Youth Council, OYC, has urged governors of Old Eastern Nigeria, particularly those from the South-East region, to declare every 30th of May a day of mourning for victims of the 1967-1970 civil war.
The OYC in a statement it issued on Tuesday, also urged Igbos across the world to wear black on May 30 to mourn victims of what it described as genocide against the Igbos during the civil war.
The OYC statement which was signed by its National President, Igboayaka O. Igboayaka, and the Secretary-General, Ifeanyichukwu Nweke, advised the people of old Eastern region to honour the victims of the civil war on May 30, 2026 by closing their business outlets.
“Igbo Governors and other leaders have abandoned the observance of Biafra Hero’s Day, a sombre memorial of the tragic period in Ndigbo’s history, specifically the Biafra Genocide 1967-1970,” the statement said.
The group noted that the Yoruba proudly commemorate the virtues and ill-treatment of Moshood Abiola on June 12 of every year but Igbo political leaders fail to organize such event in honour of their people that died in the civil war.
The OYC executives predicted that past and current political office holders who worked against the interest of the Igbos would lose in 2027 election through what it called “political Tsunami”.
The Ohanaeze Youth Council further urged President Bola Tinubu
take a reconciliatory steps on May 29, 2026 by releasing the leader of the Indigenous People of Biafra, IPOB, Nnamdi Kanu and and other detained members of pro-Biafra groups.
Biafra: Ohanaeze Youth Council urges South-East govs to declare May 30 ‘Day of Mourning’
Nothing feels more disruptive and frustrating than suddenly losing access to a phone line. One moment, everything works as expected.
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Millions of Nigerian telecom subscribers can now access emergency airtime lending services again after Airtel and Glo quietly
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A tailor and TikTok content creator, identified as Kowiu Oloyede, has allegedly been arrested by operatives of the Ogun State Police Command for raising a false alarm about a bandits’ attack in Atan Ota, Ogun State, in a bid to gain social media fame.
According to police reports, the suspect recorded a video on May 23 from his backyard falsely claiming that armed bandits had invaded his community.
The video quickly went viral, reportedly triggering panic and tension among residents. Authorities said his TikTok follower count rose from about 60 to over 1,000 within hours of the post.
Investigations further revealed that Oloyede allegedly attempted to escalate the stunt by planning a fake kidnapping video. He was said to have approached a Fulani cattle herder to participate in the act, but the individual reportedly refused.
Police also alleged that the suspect went ahead to stage portions of the scenario himself, recording a video in which he knelt and acted as a kidnapping victim.
The clip was later deleted after he allegedly realised the seriousness of his actions.
The Ogun State Police Command confirmed that operatives tracked and arrested the suspect, and that the case has been transferred to the State Criminal Investigation Department (SCID) in Abeokuta for further investigation.
Authorities say the suspect will be charged in court upon the conclusion of investigations, as officials warn against the spread of false information capable of causing public panic.
Tailor Arrested Over Fake Bandits Claim, Peller Fame Stunt is first published on The Whistler Newspaper