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Achimota’s Crown Jewel: Pegasus Reality Turns Sod for Palladium Residences

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Pegasus Realty has officially broken ground on Palladium Residences, a landmark residential development in Achimota designed to redefine urban living with affordability and contemporary elegance.

The sod-cutting ceremony, held at ABC Junction near Guinness Ghana HQ on Tuesday, March 25, marked the commencement of a project that will deliver 24 four-bedroom townhouses and a 70-unit apartment complex, comprising one, two, and three-bedroom options.

The development aims to provide middle-class families and professionals with high-quality homes at flexible payment terms.

Speaking at the event, a Pegasus Realty representative, Jessica Zwennes highlighted Palladium Residences as a high-end addition to the Achimota neighborhood, aligning with the area’s existing prestige.

“Palladium Residences is the first of it kind in Achimota in terms of prestige and the magnitude of the real estate development. Achimota already has quite a prestigious institution. It has the Achimota school, which is quite famous. You also have the Achimota golf club, which is also one of the pinnacles of this area as well as Guinness Ghana and the Achimota mall. So there are quite a few institutions and outlets here that we felt that Palladium Residences will fit right in and further uplift the atmosphere of this area.”

Palladium Residences promises an unparalleled living experience, integrating contemporary architecture with functionality. The townhouses feature distinct architectural styles, creating a vibrant and diverse streetscape, while the apartments embrace open-concept designs, maximizing natural light and airflow for a bright, airy ambiance.

The development offers easy access to key destinations across Accra, including: Achimota Retail Centre (5 minutes) for shopping and entertainment, Accra Mall (15 minutes), a major retail and lifestyle hub, Kotoka International Airport (20 minutes) for seamless travel, University of Ghana, Legon (15 minutes), appealing to academics and students, Achimota School (10 minutes), ideal for families and Central Business District (25 minutes), ensuring quick access to Accra’s economic center.

Developed by Yaw Addo Developments Limited and constructed by Construction Logistics Limited, Palladium Residences is designed as a master-planned community with world-class amenities, including: a private gym and swimming pool, a rooftop lounge with scenic views, a multi-purpose sports court, an on-site restaurant and retail spaces, and a dedicated children’s play area.

Pegasus Realty’s latest venture is set to contribute to Ghana’s housing sector while offering a solid investment opportunity. The company has introduced flexible payment plans to make homeownership more accessible, and early buyers can take advantage of off-plan prices for the next 30 days.

As construction officially kicks off, Palladium Residences stands as a testament to Pegasus Realty’s commitment to shaping the future of modern urban living in Ghana.

For more information, prospective buyers and investors can contact Pegasus Realty directly.

By Amanda Cartey of Independent (Ghana)

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Tinubu Nominates Oyedele As Minister of State for Finance, Moves Anite-Uzoka to Budget Ministry

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A statement signed by the Special Adviser to the President on Information and Strategy Bayo Onanuga, has announced that “President Bola Tinubu has nominated Taiwo Oyedele as the minister of state for finance, replacing Doris Anite-Uzoka.

“Mrs Anite-Uzoka will now move to the Ministry of Budget and National Planning, as the Minister of State, her third portfolio in the administration.

“President Tinubu has today conveyed the nomination of Mr Oyedele to the Senate for confirmation in a letter to the Senate President, Godswill Akpabio.

“Until President Tinubu nominated him as a minister, Mr Oyedele from Ikaram, Akoko, Ondo State, was the chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, which overhauled Nigeria’s tax system.

“Mr Oyedele, 50, is an economist, accountant and public policy expert.

“He attended Yaba College of Technology, where he obtained a Higher National Diploma (HND) in accountancy and finance. He attended Oxford Brookes University and earned a BSc in applied accounting.

“He also completed executive education programmes at the London School of Economics, Yale University, the Gordon Institute of Business Science, and the Harvard Kennedy School.

“Mr Oyedele spent 22 years of his working career at PwC, joining in 2001 and rising to become the Fiscal Policy Partner and Africa Tax Leader.

“Mr Oyedele is also a professor at Babcock University in Ogun State and a visiting scholar at the Lagos Business School.”

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Defection: Atiku’s Son, Adamu, Resigns As Adamawa Commissioner

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Adamu Abubakar, the first son of former Vice-President Atiku Abubakar, has resigned as Adamawa State’s commissioner for works and energy development, days after Governor Ahmadu Fintiri defected from the Peoples Democratic Party to the All Progressives Congress.

Abubakar’s resignation letter, dated 2 March 2026, was addressed to the governor through the Secretary to the State Government. He gave no reason for his departure.

The timing is pointed. Fintiri announced his defection to the APC in a statewide broadcast last Friday, saying his cabinet and the PDP’s state structure had moved with him. Within 24 hours, 22 commissioners and special advisers publicly announced they were following suit. Abubakar, whose father remains one of the PDP’s most prominent national figures, was not among them.

In a statement issued Monday night, Abubakar’s media aide Abdulaziz Jauro said the former commissioner thanked the governor for the opportunity to serve and pledged continued loyalty to the administration’s developmental agenda. He also expressed gratitude to his father “for granting him the moral support and blessing to serve the people of Adamawa State” — a line that, read in context, suggests Atiku was consulted on the decision.

Abubakar said his resignation was not a withdrawal from public life. “This does not mark the end of his commitment to public service,” the statement read, “but rather the beginning of new avenues for developmental collaboration.”

The resignation leaves unresolved the question of whether it reflects a political break with the governor over his defection or a personal decision unconnected to the broader party realignment now reshaping Adamawa’s political landscape.

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DSS Nabs Man over Assassination Attempt on Peter Obi

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Nigeria’s Department of State Services (DSS) has detained a man in connection with the recent attack and alleged assassination threats targeting Labour Party’s 2023 presidential candidate, Peter Obi.

According to AIT, the shooting incident took place on February 24, 2026, in Benin City, Edo State, during a political gathering attended by Obi and several figures from the African Democratic Congress (ADC). The meeting was hosted by former APC National Chairman, John Oyegun. Gunmen reportedly opened fire at the venue, causing panic and forcing attendees to disperse for safety.

According to security sources, shortly after the attack, an individual identified as Udeme Monday Stephen allegedly took to social media claiming responsibility and issuing additional threats against Obi, warning of further violence.

Intelligence officials reportedly initiated swift investigations, employing digital tracing and forensic tools that led to the arrest of the 26-year-old suspect in Rivers State. He is said to be a teacher at a private secondary school in the Eliozu area of Obio-Akpor Local Government Area.

The suspect remains in DSS custody and is expected to face prosecution. The agency reiterated its commitment to responding to credible threats and safeguarding lives and national interests without bias.

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