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Yahaya Bello Money Laundering Trial Adjourned to May 6

KEY POINTS The court adjourned Yahaya Bello’s alleged money laundering trial to May 6–7, 2026. A prosecution witness testified about dollar transactions and admitted gaps in earlier statements. Discrepancies in evidence emerged, while the court allowed additional exhibits despite defence objections. Justice Emeka Nwite of...

EFCC Arrests Former Skye Bank Chairman Tunde Ayeni Over Alleged ₦36.5bn Fraud

KEY POINTS EFCC arrested former Skye Bank chairman Tunde Ayeni over alleged ₦36.5bn and $30m fraud. Funds obtained from Polaris Bank were reportedly diverted from intended projects. About 12 linked companies are under investigation, with charges expected soon. The Economic and Financial Crimes Commission has...

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Nigeria Approves Sharp Pension Increase for NSITF Retirees

Nigeria’s pension regulator has approved a sharp increase in NSITF pensions, lifting monthly payouts and clearing years of arrears for more than 2,000 retirees.

Nigeria Air Force Probes Civilian Deaths in Niger State

Nigeria’s Air Force is investigating reports that a military aircraft killed two civilians in Kurigi, Niger State, during an operation against bandits.

Unicross Suspends 24th Matriculation Amid Fee and Gown Dispute

Unicross has postponed its 24th matriculation ceremony indefinitely due to student protests over high gown fees and rising school charges, compounded by staff union actions.

JAMB Says University Students May Register for 2026 UTME

JAMB says students already in universities may register for the 2026 UTME, provided they disclose their matriculation status and comply with admission regulations.

Nigeria Military to Court-Martial Officers Over Alleged Coup Plot

Nigeria’s Defence Headquarters will court-martial 16 officers after an internal probe found cases to answer, including allegations linked to coup plotting.

CBN Grants National Licenses to Major Fintech Players

The Central Bank of Nigeria has upgraded major fintechs to national licenses, formalising nationwide operations and imposing higher capital and compliance standards.

Anambra Shuts Onitsha Main Market Over Sit-At-Home Defiance

Anambra State shut Onitsha Main Market for one week after traders defied the Monday sit-at-home order, escalating efforts to restore normal economic activity.

NNPC, Chevron Confirm Hydrocarbon Discovery at Awodi-07 Well

NNPC confirmed hydrocarbons at Chevron Nigeria’s Awodi-07 well, calling the offshore Niger Delta discovery a milestone for their joint venture and Nigeria’s energy strategy.

Customs Posts N7.28 Trillion Revenue in 2025, Exceeding Target

Customs Service said revenue reached N7.28 trillion in 2025, exceeding targets as reforms, digitalisation and stronger compliance lifted non-oil government income.

Kano Governor Abba Yusuf Resigns from NNPP

KEY POINTS Kano Governor Abba Kabir Yusuf has formally resigned from the NNPP, citing...

Peter Obi Faces Ruling Party Pressure As 2027 Race Nears

Ruling party steps up moves that may block Peter Obi’s path to 2027 as courts and party crises deepen nationwide.

Tinubu Reviews Envoy Postings After Name Mix-up, Confirms Three Diplomatic Appointments

KEY POINTS President Tinubu has approved the posting of three ambassador-designates to France, the...

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Yahaya Bello Money Laundering Trial Adjourned to May 6

KEY POINTS The court adjourned Yahaya Bello’s alleged money laundering trial to May 6–7,...

EFCC Arrests Former Skye Bank Chairman Tunde Ayeni Over Alleged ₦36.5bn Fraud

KEY POINTS EFCC arrested former Skye Bank chairman Tunde Ayeni over alleged ₦36.5bn and...

Gunmen Storm Benue Palace, Kill Traditional Ruler, Family and Two Others

KEY POINTS Gunmen killed a traditional ruler, his wife, son, and two others in...

Kidnapped Lagos Woman Freed After Family Pays $17,500 Ransom

KEY POINTS A Lagos woman was kidnapped from her home in a late-night attack...