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“No Amount of Insecurity Will Force Me to Quit” — Tinubu Vows to Seek Second Term

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President Bola Ahmed Tinubu has made it clear that insecurity in Nigeria will not stop his political ambition as He says he is ready to contest again in 2027.

The President spoke while hosting Caleb Manasseh Mutfwang alongside other key stakeholders from Plateau State.

The meeting focused on security and governance issues affecting the state and the country at large.

During the discussion, Tinubu dismissed claims that rising insecurity could weaken his administration or force him out of office. He warned that such narratives only serve the interests of those working against him.

“You are playing to the hand of agents, including my own enemies, who want to use insecurity to get rid of me,” the President said.

He did not hold back in expressing his stance. Tinubu described himself as someone who does not give up easily, even under pressure. He insisted that he would remain in the race regardless of criticism.

“I’m a very stubborn politician. I just refuse to go. And I will campaign for my second term,” he added.

The President also hinted that political opposition may be using the security situation to discredit his leadership ahead of the next election cycle. His remarks suggest that the issue of insecurity could play a major role in future political campaigns.

Tinubu assumed office in May 2023 after a keenly contested election. His first term is expected to end in 2027, when Nigerians will return to the polls to elect a new president or renew his mandate.

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Royal Exchange Shifts to Asset Management, Boosts Income to N1.7bn

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From left: Ms. Idu Okeahialam, GMD, Royal Exchange Plc; Chairman Ikeme Osakwe and the company Secretary 


BY NKECHI NAECHE-ESEZOBOR—
Royal Exchange Plc has accelerated its transition into an asset management-focused business, reporting a 5 percent increase in earned income to N1.7 billion, up from N1.57 billion in 2024, as the company begins to reap the benefits of its completed three-year transformation strategy.

The improved performance also saw profit after tax rise to N851 million, underscoring growing momentum in its restructured operations.

Speaking at the company’s 57th Annual General Meeting held virtually, Chairman Ikeme Osakwe revealed that the Group recorded a profit after tax of N851 million, reflecting improved financial performance.

Osakwe attributed the growth to the successful execution of a three-year transformation strategy, which concluded in 2024 and repositioned the company into an asset management-focused entity.

According to him, the strategic shift has begun to yield measurable results, with stronger financial trends and a more diversified portfolio. He noted that the next phase of the company’s journey will centre on deepening its asset management capabilities while driving growth and profitability across its investee companies.

He added that Royal Exchange aims to leverage its restructured portfolio to deliver long-term value, while evolving beyond its legacy status into a more agile and reliable partner for clients. The company, he said, is focused on building a culture rooted in transparency, disciplined risk-taking, and sustainable growth.

Osakwe also emphasised that the Group’s newly established structure will support its expansion beyond traditional insurance, enabling the development of products tailored to current market realities. He highlighted ongoing investments in talent and strategic partnerships as key to strengthening customer engagement and scaling operations profitably.

He expressed appreciation to the board and management team for their commitment over the past year, noting that their efforts were instrumental to the company’s achievements.

Looking ahead, he reaffirmed the company’s commitment to delivering long-term value and exceeding the expectations of investors.

The post Royal Exchange Shifts to Asset Management, Boosts Income to N1.7bn appeared first on Business Today NG.

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AI-generated actors and scripts are now ineligible for Oscars

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The organization behind the Academy Awards released new Oscar rules on Friday, including several that address the use of generative artificial intelligence.

The Academy of Motion Picture Arts and Sciences said that only performances “credited in the film’s legal billing and demonstrably performed by humans with their consent” will be eligible for Academy Awards. Similarly, the academy said that screenplays must be “human-authored” to be eligible.

The academy also said it has the right to request more information about a film’s AI usage and “human authorship.”

These rule changes come as an independent film is in the works with an AI-generated version of Val Kilmer, as AI “actress” Tilly Norwood keeps making headlines, and as new video models are causing at least a few filmmakers to make sweeping declarations of despair. AI was also one of the main sticking points in the actors’ and writers’ strikes back in 2023.

Outside Hollywood, at least one novel has been pulled by its publisher due to the apparent use of AI, and other writers’ groups are declaring that AI usage makes work ineligible for awards.

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