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Capital importation jumps 182 percent to $3.52 Billion

Nigeria's capital importation jumped 182% to $3.52bn in January, driven almost entirely by foreign portfolio investment, while foreign direct investment collapsed by 80 percent.
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Insurers to reject claims over NIN linkage default

Nigerian insurers will reject claims from policyholders who failed to link their NIN to their policies before the April 30 deadline, the Insurers Committee has said.

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Nigeria’s Displacement Crisis Deepens as 3.7 Million People Crowd Nearly 3,900 Camps Nationwide

Years of insurgency, banditry and communal clashes have forced millions of Nigerians from their homes, creating thousands of displacement camps.
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Ondo State High Court Judge Bamidele Fola Adeyeye Dies at 65

KEY POINTS Ondo State High Court judge Bamidele Fola Adeyeye has died at the...
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Benue Declares State of Emergency as Lassa Fever Outbreak Worsens

KEY POINTS Benue State has declared a state of emergency due to a surge...
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Delta cleric, farmer attacked by herdsman, later detained by police after reporting incident

A Delta pastor and farmer say herdsmen attacked them on a farm, but police later detained them after reporting incident.
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Tinubu Tells Media: Scrutinise States, Not Just Me

President Tinubu told media executives at Aso Rock Friday that the press should scrutinise states and local governments with the same intensity it applies to his administration.
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Northern groups accuse FG of lacking political will to crush terrorists, demand crackdown on sponsors

Northern and Middle Belt leaders say Nigeria knows the terrorists and their locations, urging government action against sponsors and criminal networks.
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Tinubu Moves Safety Investigation Bureau to Presidency

President Tinubu has approved relocating the Nigerian Safety Investigation Bureau to the Presidency, ending months of disagreement over the accident investigation agency's independence.
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Senate Confirms Usman Dakingari as Ambassador

KEY POINTS The Senate confirmed Usman Dakingari as a non-career ambassador and approved Ismail...
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Senate Confirms Jamila Abubakar-Sadiq as INEC National Electoral Commissioner for North-East

KEY POINTS The Senate has confirmed Jamila Abubakar-Sadiq, a retired rear admiral, as INEC...
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Appeal Court Affirms Wole Oluyede as PDP Governorship Candidate for 2026 Ekiti Election

KEY POINTS The Court of Appeal in Akure has affirmed Wole Oluyede as the...
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IGP Urges Court to Dismiss El-Rufai’s N1bn Rights Violation Suit

KEY POINTS The IGP has asked a Federal High Court in Abuja to dismiss...
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Tony Elumelu Foundation Adds Three Global Names to Board

The Tony Elumelu Foundation has named UAE Special Envoy Badr Jafar, former IKEA Foundation CEO Per Heggenes, and Harvard professor Paul Gompers to its advisory board.
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Capital importation jumps 182 percent to $3.52 Billion

Nigeria's capital importation jumped 182% to $3.52bn in January, driven almost entirely by foreign portfolio investment, while foreign direct investment collapsed by 80 percent.
News

Insurers to reject claims over NIN linkage default

Nigerian insurers will reject claims from policyholders who failed to link their NIN to their policies before the April 30 deadline, the Insurers Committee has said.
Business

UBA opens innovation hub, business office at UNILAG

UBA has opened an innovation hub and business office at the University of Lagos, as chairman Tony Elumelu returned to his alma mater for the commissioning.
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Bandits Abduct 13 Villagers In Midnight Attack On Kebbi Community

KEY POINTS Armed bandits abducted 13 residents during a midnight attack on Tangaram Village...