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AKINWUNMI AMBODE SPEAKS TO IMPROVE THE FINANCIAL CAPITAL MARKET
Akinwunmi Ambode the governor of Lagos State stated on tuesday that his administration would create enabling environment for the financial capital market to thrive.
Ambode spoke during the visit of the Nigeria/UK Emerging Capital Market Taskforce (ECMT) to the Lagos House, Alausa, Ikeja.
The delegation was led by Mr Aigboje Imoukhuede, the President of the Nigerian Stock Exchange, who serves as co-chair of the Taskforce and Former Lord Mayor, City of London, Sir Roger Gifford.
The delegation presented a report on the state of the Nigerian capital market with detailed recommendations for legal and regulatory environment to deepen the emerging markets.
Ambode said that the state had an important role to play in the process, not just as the host of the key market platforms, but as the largest issuer of sub-sovereign bonds in the Nigerian capital market.
He said that the capital market has indeed played an important role in the ability of Lagos State to achieve the level and pace of growth it had witnessed in the last decade.
Ambode commended Imoukhuede and his team for embarking on the initiative, saying it had the potential of greatly impacting the transformational development of the country’s capital market.
“I commend the ECMT delivery group and the authors of the report for the comprehensive analysis of the Nigerian Capital Market and its legal and regulatory review and recommendations.
“We have taken note of the recommendations relevant to us and are committed to working with the group closely to look at the areas where their recommendations affect the state.
“We will also do everything possible to work toward implementation,” Ambode said.
Earlier, Gifford said one of the recommendations of the report, concluded in November 2014, was aimed at reducing the cost of capital market transactions and tightening the regulatory enforcement process among others.
He said the report focused on four key areas including integrity of the market, regulatory infrastructure behind the market, market incentives and barriers as well as market development in the areas of derivatives and commodities.
“The report reviews and makes recommendations for reforms that will deepen the Nigeria Capital Market and attract both domestic and international institution players.
“This is essential to the benefit of Nigeria as we also hope it will be to the benefit of the international institutions.
“We see a win-win situation for all of us, particularly the Lagos State Government.
“We want to continue that process now over the next six months up to a year where we build capacity, strengthen the regulatory environment and deepen the considerable business links that we have between London and Lagos,” Gifford said.
– See more at: http://www.vanguardngr.com/2015/07/well-create-enabling-environment-for-capital-market-to-thrive-ambode/#sthash.vVClBKaP.dpuf
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Benue, Kwara Killings: Primate Ayodele Warned But They Never Listened
When Nigerians started celebrating after the United States launched an attack against terrorists in Nigeria on December 25, 2025, Primate Ayodele stood out when he said the nation shouldn’t celebrate yet because there would be reprisal attacks.
Many quickly lashed out at him, calling him all sort of names like prophet of doom, fake prophet, bet9ja prophet, to mention but a few. However, the prophet stood his ground and continued to warn President Bola Ahmed Tinubu and his team that terrorists are planning to attack some Nigerian states.
His words after the US-led attack were:
“Nigerians shouldn’t celebrate yet, and President Tinubu shouldn’t celebrate either, because the powerlessness of his government is getting exposed, and America can come up with anything against him. This won’t stop kidnapping or insecurity in Nigeria.
“The government of Nigeria must work on it because the US cannot do it without the Nigerian government.
“Another bombing is coming up, and these bandits are ready for the consequences. They are also ready to counter-attack heavily; the government must get prepared for the outcome.”
Many didn’t know that Primate Ayodele isn’t a prophet that just speaks for attention sake, he speaks as directed by the most high God and that’s why he is always fearless in his approaches. Despite the fact that even the presidency celebrated it, he called their attention to some plans of terrorists across the country.
It’s been barely two months after the attack of the United States, and the country is back to more folds of insecurity across the country. Bandits have launched full-fledged attacks on the nation, killing several innocent souls without getting checked or arrested.
If only security operatives listens to Primate Ayodele’s warning, he vividly mentioned some of the states that bandits or terrorist would be visiting. He shared them in a prophet at least twice, including in video recordings but we wonder what these security operatives do with sensitive messages like this.
In one of the prophetic moment, he mentioned about eight states that will be attacked by terrorists if care isn’t taken.
“These states, Nasarawa, Abuja, Ondo, Kaduna, Sokoto, Benue, Katsina, Yobe, should be paid close attention to. They should deploy more soldiers to these states.”
Just yesterday in Benue, In Benue State, 17 people, including a Mobile Police officer, were killed when gunmen attacked the Abande market in Mbaikyor Ward, Turan district of Kwande Local Government Area. Gunmen opened fire on traders and residents, killing many on the spot. Police spokesperson in Benue State, Udeme Edet confirmed the attack.
In Katsina, In Katsina State, at least 20 residents were killed when bandits stormed Doma community in Tafoki Ward, Faskari Local Government Area.
Witnesses said the attackers moved unhindered, shooting villagers and setting houses and vehicles ablaze before fleeing. Faskari Local Government Chairman Surajo Aliyu confirmed the incident, describing it as a deadly reprisal and the worst in recent months.
In Kwara too, Primate Ayodele had said earlier before now, just after the Eruku incident, that he still sees attacks in the state.
In fulfilment of this, bandits killed at least 10 villagers in Woro and Nuku communities in Kaiama Local Government Area. The attackers, reportedly operating from the Borgu National Park forest in neighboring Niger State, invaded the communities around 6.00 pm, firing sporadically and setting houses ablaze.
Sincerely, all of these could have been avoided by they failed to listen.
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Former Pension Reform Task Team Chairman, Dr. Abdulrasheed Maina, Hospitalised After Sudden Collapse in Abuja
Former Chairman of the Pension Reform Task Team (PRTT), Dr. Abdulrasheed Maina, on Tuesday evening slumped while attempting to access his office premises in Abuja and was immediately rushed to a private hospital for urgent medical care.
The incident occurred after complications arising from an untreated knee injury reportedly caused him to lose balance and fall on a staircase, resulting in a head impact that required immediate medical attention from personnel at the scene.
Confirming the development in an official statement, Emmanuel Umahi Ekwe, Esq., Media Assistant to Dr. Abdulrasheed Maina, speaking on behalf of his family, said the former pension reform chief was promptly stabilised and transferred to a private medical facility in the Federal Capital Territory, where he is currently under close supervision by a team of doctors.
According to the statement, preliminary medical evaluations indicate that Dr. Maina remains under observation, while specialists have advised that arrangements for a possible air ambulance evacuation may be considered should his condition require advanced or specialised treatment.
The situation has drawn concern from associates, professional colleagues, and well-wishers across the country, given Dr. Maina’s prominent role in Nigeria’s public sector and pension reform initiatives.
His family has appealed to the public for prayers, understanding, and respect for privacy during this critical period, assuring that further updates will be communicated as developments unfold.
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President Tinubu in Turkey: Guard of Honor and Strategic Agreements Signal New Era in Bilateral Relations
By Prince Adeyemi Shonibare
President Bola Ahmed Tinubu, GCFR, was accorded a full guard of honor during his official state visit to Turkey, a ceremonial reception reserved for world leaders and a strong signal of the respect Nigeria commands on the global stage.
The ceremony, held at the Turkish Presidential Complex in Ankara, featured military pageantry, national anthems, and formal protocol before high-level bilateral talks commenced.
The Presidency confirmed that President Tinubu briefly stumbled due to a camera cable while proceeding to the presidential lodge but stood up immediately and continued his engagements without interruption, stressing that the incident had no impact on the visit or his health.
More importantly, the visit delivered substantive diplomatic and economic outcomes. During talks with Turkish President Recep Tayyip Erdoğan on January 27, 2026, Nigeria and Turkey signed nine cooperation agreements and memoranda of understanding, covering military cooperation, higher education, diaspora policy, media and communication, halal accreditation, diplomatic training, and the establishment of a Joint Economic and Trade Committee (JETCO).
At a joint press conference, President Tinubu emphasized the need to deepen cooperation in security, trade, and economic development, while President Erdoğan reaffirmed Turkey’s support for Nigeria’s fight against terrorism and commitment to strengthening strategic ties.
With Turkey’s strengths in defense technology, intelligence, education, and industrial capacity, the agreements open new opportunities for technology transfer, security collaboration, trade expansion, and human capital development.
In essence, the Turkey visit stands as a diplomatic success, defined not by a fleeting moment, but by honor, respect, and concrete agreements that advance Nigeria’s security, economy, and international standing.
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