News Flash

May
08
2025
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By Abia ThinkTank
Nigeria Clears All N2.59 Trillion IMF Debt, Signal New Economic Reform

Nigeria Clears All N2.59 Trillion IMF Debt, Signal New Economic Reform

CBN/Commercial Banking, Economy, FGN, News Flash
Nigeria Clears All N2.59 Trillion IMF Debt, Signal New Economic Reform Nigeria government under President Bola Tinubu has fully repaid its $1.61bn (N2.59trn as of May 6, 2025) debt obligation to the International Monetary Fund (IMF). A check through the IMF’s website by our correspondent revealed that Nigeria has been removed among list of countries owning the international financial agency. Check here A data obtained popular data company, StatiSense showed that Nigeria paid off the debt in gradual from $1.61 billion in July 28, 2023 to $1.37 billion in January 5, 2024 to $933.03 million in July 10, 2024 to…
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May
08
2025
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By Abia ThinkTank
EFCC Releases VeryDarkMan After Five Days In Custody

EFCC Releases VeryDarkMan After Five Days In Custody

Crime, Human Rights, News Flash
EFCC Finally Releases VeryDarkMan After Five Days In Custody After spending five consecutive days in the custody of the Economic and Financial Crimes Commission (EFCC), popular Nigerian social media activist, Martins Otse, popularly known as VeryDarkMan, has finally regained his freedom. The activist, known for his blunt commentaries and online exposés on societal ills, was arrested last week following what the EFCC described as “multiple petitions” lodged against him by unnamed individuals. He was released by the EFCC to his lawyer, Deji Adeyanju, on Wednesday evening. Human rights activist, Omoyele Sowore, who spoke to him on phone confirmed the news.…
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May
07
2025
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By Abia ThinkTank
NEITI Salutes Gov. Otti’s Leadership Style, Says, His Policies Align With Values NEITI Represents

NEITI Salutes Gov. Otti’s Leadership Style, Says, His Policies Align With Values NEITI Represents

Abia State, Economy, Good Governance, News Flash
NEITI SALUTES GOV. OTTI'S LEADERSHIP STYLE, SAYS, HIS POLICIES ALIGN WITH VALUES NEITI REPRESENTS. The Nigerian Extractive Industries Transparency Initiative (NEITI) has saluted Governor Alex Otti's leadership style and said that his policies align with the values NEITI represents. The Alternate Chairman of the NEITI Board, Ambassador Sunday Adoli, was speaking when he led a delegation of the board and management of the Nigerian Extractive Industries Transparency Initiative to pay courtesy call on the Governor ahead of the national retreat of the institution holding in Abia State. Ambassador Adoli, who doubles as the representative of the North-Central region at the…
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May
06
2025
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By Abia ThinkTank
ABSG Set To Buy Over EEDC To Provide Uninterrupted Power Supply To Umuahia Ringed Fence

ABSG Set To Buy Over EEDC To Provide Uninterrupted Power Supply To Umuahia Ringed Fence

Abia State, News Flash, Power & Energy
ABSG SETS TO BUY OVER EEDC TO PROVIDE UNINTERRUPTED POWER SUPPLY TO UMUAHIA RINGED FENCE. Abia State Governor Dr. Alex Otti says his government is set to buy over the Umuahia ringed fence of the Enugu Electricity Distribution Company (EEDC) in order to provide steady power for the rest of the 8 LGAs not covered by the Geometric Power. Governor Alex Otti stated this on Monday, at the Geometric Power Aba, while speaking at a reception organized by the Management of Geometric Power after the commissioning and tour of Aba Power's new 2 X 15 MVA, Ogbor Hill Sub -…
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May
05
2025
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By Abia ThinkTank
NDLEA Intercepts 942 Explosives En Route To Zamfara

NDLEA Intercepts 942 Explosives En Route To Zamfara

Crime, News Flash, Security
NDLEA Intercepts 942 Explosives En Route To Zamfara Operatives of the National Drug Law Enforcement Agency, during a routine patrol along the Kaduna-Zaria expressway, on Saturday, intercepted a commercial vehicle conveying 942 explosives hidden in a sack from Nasarawa heading to Zamfara State. A statement by the agency’s spokesman, Femi Babafemi, on Sunday also disclosed the arrest of a 30-year-old suspect over the discovery. “In Kaduna, NDLEA operatives on patrol along Kaduna-Zaria expressway on Saturday, 3rd May intercepted a commercial vehicle from Nasarawa State heading to Zamfara State. “A search of the vehicle led to the discovery of a total…
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May
05
2025
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By Abia ThinkTank
IPOB Demands Govt U-Turn On Proscription

IPOB Demands Govt U-Turn On Proscription

News Flash, FGN
IPOB Demands Govt U-turn On Proscription The Indigenous People of Biafra has rejected the Federal Government’s proscription of the organisation, calling it a “blatant perversion of the rule of law” and an attempt to subvert justice through secrecy, following their failure to achieve the same result in an open, contested hearing. In a statement issued on Sunday, IPOB’s spokesperson, Emma Powerful, called for the immediate reversal of the “unconstitutional” proscription order and a return to the rule of law, as upheld by Justice Binta Nyako’s ruling. The group argued that the continued proscription of IPOB was an abuse of court…
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May
05
2025
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By Abia ThinkTank
EFCC Confirms Arrest Of VeryDarkMan, Reveals Why He Was Arrested

EFCC Confirms Arrest Of VeryDarkMan, Reveals Why He Was Arrested

Crime, CBN/Commercial Banking, News Flash
EFCC Confirms Arrest Of VeryDarkMan, Reveals Why He Was Arrested Nigeria’s anti-graft agency, the Economic and Financial Crimes Commission (EFCC), has confirmed the arrest of social media activist, Martins Vincent Otse, popularly known as VeryDarkMan (VDM), over multiple petitions. The EFCC, speaking through its spokesperson Dele Oyewale, told BBC News Pidgin on Monday that the activist was taken into custody following complaints from several petitioners. “We arrested him to respond to a series of allegations raised against him by some petitioners,” Oyewale said. When asked if the case was connected to Guaranty Trust Bank (GTB), Oyewale noted that the petitions…
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May
05
2025
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By Abia ThinkTank
JAMB: Over 1.5m Candidates Score Less Than 200 In 2025 UTME

JAMB: Over 1.5m Candidates Score Less Than 200 In 2025 UTME

Education, FGN, News Flash
JAMB: Over 1.5m Candidates Score Less Than 200 In 2025 UTME The Joint Admission and Matriculation Board (JAMB) has officially released the 2025 UTME result analysis, revealing the breakdown of candidates’ performance across various categories. The number of candidates who scored 320 and above is 4,756, representing 0.24% of the total candidates. A total of 7,658 candidates scored between 300 and 319, accounting for 0.39%. When combining scores of 300 and above, the number rises to 12,414 candidates, which is 0.63% of the total. In the 250 – 299 category, 73,441 candidates achieved this score range, making up 3.76% of…
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May
05
2025
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By Abia ThinkTank
Youths Plan EFCC’s Office Visit To Demand Release Of VeryDarkMan

Youths Plan EFCC’s Office Visit To Demand Release Of VeryDarkMan

Crime, News Flash, Youths
Youths Plan EFCC’s Office Visit To Demand VeryDarkMan’s Release A group of youths in Abuja has mobilised in support of social media personality Verydarkman, calling for his immediate release. Chanting “Free Verydarkman,” the group announced plans to visit the Economic and Financial Crimes Commission (EFCC) office today to demand his freedom. Verydarkman was reportedly arrested by operatives of the EFCC on Friday, May 2. VDM’s Lawyer, Deji Adeyanju disclosed this via series of tweet on his X handle. The arrest reportedly followed his public criticism of a new generation bank over alleged unauthorised transactions from his mother’s account.
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May
05
2025
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By Abia ThinkTank
Reintegrating Repentant Boko Haram Fighters Vital For National Security – Nigerian Govt

Reintegrating Repentant Boko Haram Fighters Vital For National Security – Nigerian Govt

FGN, News Flash, Security
Reintegrating Repentant Boko Haram Fighters Vital For National Security – Nigerian Govt The National Orientation Agency, NOA, has promised to support Operation Safe Corridor, OSC, a Federal Government initiative focused on deradicalising, rehabilitating and reintegrating repentant insurgents. The agency made the pledge when the coordinator of OSC, Yusuf Ali, and his team paid a courtesy visit to the NOA’s headquarters in Abuja. NOA Director-General, Lanre Issa-Onilu, while receiving the delegation, acknowledged what he called widespread misinformation about OSC. In a statement on the agency’s X page, Issa-Onilu said before now, he had reservations about the programme due to limited understanding,…
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