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Tinubu Suspends Three Perm Secs Over Alleged Fake Agency in SGF Office

KEY POINTS Tinubu ordered the arrest of George Nwabueze over an alleged fake office operating within the OSGF. Three permanent secretaries — M.S. Danjuma, Nadungu Gagare and Richard P. Pheelangwah — were suspended. ICPC says its wider investigation into fake agencies and government process...
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Travellers Accuse JTF Operatives of Extortion, Harassment in Imo

KEY POINTS Travellers accuse JTF personnel in Imo of extortion, phone searches, harassment and threats of violence at checkpoints. One traveller alleges officers tried to create a situation where he could be shot and labelled an IPOB or ESN member. Evidence cited in the...

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Business

Reps Order Remita to Refund N182 billion Over TSA Discrepancies

The House of Representatives has ordered Remita to refund N182.77bn to the Federal Government following a forensic audit uncovering discrepancies in the TSA.
Business

Nigeria Needs More Actuaries to Strengthen Financial Sector

Nigeria faces a shortage of qualified actuaries. The FRC is addressing this gap by supporting educational initiatives to train 2,000 professionals.
Business

Nigeria’s Inflation Surges to 24.23% as Food Prices Bite Harder

KEY POINTS Nigeria's inflation accelerates to 24.23% in March, with food prices rising 21.79%...
Business

Nigerian Investors Lose Over N1.3 Trillion as Digital Trading Platform CBEX Collapses

KEY POINTS CBEX, a digital trading platform, collapsed after allegedly defrauding Nigerian investors of...
Business

FAAC Allocates N1.6 trillion to FG, States, LGs

FAAC allocates N1.578 trillion to the Federal Government, States, and Local Government Councils, based on the revenue for March 2025.
Business

Businessman Sentenced, Wristwatch Forfeited For Refusing Naira

Uzondu Chimaobi sentenced to four years in prison for refusing to accept Naira as payment, violating Nigerian law on legal tender.
Business

Guinea Invites Nigerian Businesses to Invest in $20bn Projects

Guinea invites Nigerian businesses to invest in $20bn mega projects, focusing on mining and infrastructure, to strengthen bilateral ties and economic collaboration.
Business

FG Forms Panel to Assess Economic Impact of US Tariffs

The Nigerian government establishes a subcommittee to evaluate the economic effects of US tariffs, particularly concerning oil prices and foreign investment.
Business

Nigeria’s Crude Oil Production Drops to Record Low

KEY POINTS Nigeria's crude oil production dropped to 1.603 million barrels per day in...
Business

Dangote Refinery Cuts Petrol Price to ₦865

KEY POINTS Dangote Refinery reduced petrol prices to ₦865 per litre, citing improved supply...
Business

FG, AfDB Launch Special Agro-Industrial Zones Plan in Cross River

FG and AfDB launch SAPZ in Cross River, aiming to transform agriculture and create jobs while ensuring food security across Nigeria
Business

Nigeria Partners with Chinese Firm on $328 Million Deal to Strengthen National Power Transmission Grid

KEY POINTS The Nigerian federal government has signed a $328.81 million contract with China...
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News

Tinubu Suspends Three Perm Secs Over Alleged Fake Agency in SGF Office

KEY POINTS Tinubu ordered the arrest of George Nwabueze over an alleged fake office...
News

Travellers Accuse JTF Operatives of Extortion, Harassment in Imo

KEY POINTS Travellers accuse JTF personnel in Imo of extortion, phone searches, harassment and...
Politics

Adeleke Meets Tinubu, Presents Certificate of Return After Osun Victory

KEY POINTS Ademola Adeleke presented his Certificate of Return to President Bola Tinubu after...
News

23-Year-Old Boko Haram Fighter Surrenders to Nigerian Troops

KEY POINTS 23-year-old suspected Boko Haram fighter Ali Saidiq surrendered to troops in Borno...