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Ebonyi Assembly Caps Rent and Agent Fees

KEY POINTS Ebonyi caps estate agency fees at 2 per cent of transaction value. Landlords must follow government-approved rent limits. Unlicensed scrap trading now attracts fines or up to two years in prison. The Ebonyi State House of Assembly has passed a new law to...
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Troops Stop Herdsmen Attack in Benue, Recover AK-47

KEY POINTS Troops and police stopped an attack in Azege, Benue State. An AK-47 rifle, 16 rounds of ammunition and a phone were recovered. Security forces are searching for attackers who fled the scene. Nigerian troops have stopped an attack by suspected armed herdsmen in...

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Pat Utomi accuses Tinubu, INEC of plot to exclude opposition from 2027 ballot

Pat Utomi, a professor of political economy, says INEC and the Tinubu administration are working in concert to neutralize opposition parties before 2027.
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Bandits kidnap UNIJOS student, demand N30m ransom after torture video goes viral

Armed bandits abducted a University of Jos student along the Kaduna highway, posted torture videos in his class group chat and demanded N30 million ransom.
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Boko Haram hits Benishiekh again, storms base where general was killed

Insurgents targeted the same 29 Task Force Brigade base in Benishiekh, Borno State, where Brig. Gen. O.O. Braimah was killed six days ago.
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Edun warns against subsidies, flags global debt burden

Finance Minister Olawale Edun on Tuesday warned against subsidy reversals at the World Bank/IMF Spring Meetings in Washington, urging developing nations to hold reform gains as global shocks intensify pressure to abandon hard-won policy progress.
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IMF cuts Nigeria growth forecast to 4.1 percent

The International Monetary Fund cut Nigeria's 2026 growth forecast to 4.1 percent, down from 4.4 percent, citing higher commodity costs and shipping disruptions.
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FG incurs N418bn power subsidy in Q4 2025

Nigeria's power subsidy obligation reached N418.79 billion in the fourth quarter of 2025, a decline of N39.96 billion from the third quarter, according to the Nigerian Electricity Regulatory Commission.
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Dangote refinery makes Nigeria a net petrol exporter

Aliko Dangote's Lekki refinery turned Nigeria into a net petrol exporter last month, ending decades in which Africa's largest oil producer sent crude abroad only to import finished fuel.
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Onyeali-Ikpe steers Fidelity Bank past N500bn capital mark

Nneka Onyeali-Ikpe secured Fidelity Bank's recapitalization with a N259 billion private placement of ordinary shares on Dec. 31, 2025, pushing eligible capital to N564.5 billion and clearing the Central Bank of Nigeria's N500 billion threshold.
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Senator Ndume says Nigeria can end insecurity in 6 months if FG gets serious

Senator Ali Ndume says Nigeria can end insecurity within six months if the federal government shows genuine commitment and arms its soldiers properly.
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Nigeria’s power sector cost government N418bn in subsidies as losses topped N300bn in Q4 2025

Nigeria's electricity regulator says the federal government absorbed N418.79bn in power subsidies in the fourth quarter of 2025, as sector losses exceeded N300bn.
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Nigeria recorded 3.38 million internally displaced persons across 14 states in 2023, NBS report shows

Nigeria recorded 3,381,228 internally displaced persons across 14 states in 2023, with Borno State accounting for more than half of all cases.
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Boko Haram kills colonel and 6 soldiers in Borno as herdsmen attacks leave 14 dead in Benue

A Nigerian Army colonel and six soldiers were killed in a Boko Haram attack in Borno State on April 12, 2026.
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News

Ebonyi Assembly Caps Rent and Agent Fees

KEY POINTS Ebonyi caps estate agency fees at 2 per cent of transaction value. ...
News

Troops Stop Herdsmen Attack in Benue, Recover AK-47

KEY POINTS Troops and police stopped an attack in Azege, Benue State. An AK-47...
Culture

Mo Abudu to open UK’s first cinema hub for African and Black films

Nigerian media mogul Mo Abudu will open EbonyLife Place London in October, describing it as the UK's first cinema hub for African and Black films.
Politics

Opposition parties begin talks on single candidate for 2027

Six opposition parties under the G-100 platform will meet in Abuja on August 18 to explore fielding a single candidate for Nigeria's 2027 general elections.