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London Court Clears Diezani Alison-Madueke of Bribery Charges

KEY POINTS A London jury acquitted former Petroleum Minister Diezani Alison-Madueke of all six bribery-related charges after a five-month trial. Prosecutors alleged she received luxury benefits from oil industry figures, but she consistently denied any wrongdoing. The verdict brings to an end an 11-year...
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Experts warn FG against costly foreign loans and VAT hike over IMF advice

Capital market operators and economists have urged the Federal Government to avoid expensive foreign loans and a VAT increase as it weighs the IMF's latest policy recommendations.

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Cardoso: Nigeria’s Economy Can Take Middle East Shocks

CBN Governor Olayemi Cardoso says two years of reforms have positioned Nigeria to withstand shocks from the US-Iran conflict, with reserves now above $50 billion.
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Fear Spreads in Ondo’s Akure North as Kidnappers Target Farmers, Residents Flee Homes

Rising kidnappings and shootings in Ondo’s Akure North force residents to flee homes as authorities promise tougher action against criminals.
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Boko Haram Suspects Attack Borno Settlement, Kill Herder and Rustle 1,400 Sheep

Suspected Boko Haram fighters attacked a nomadic settlement in Borno, killing one herder, injuring another and rustling about 1,400 sheep.
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Afenifere Criticizes Electoral Act 2026 for Removing Forged Certificate as Ground to Challenge Elections

Afenifere says the Electoral Act 2026 shields candidates with forged certificates and weakens legal grounds for challenging election results.
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Nigeria Transporters, Commuters Decry Rising Fuel Prices Amid Middle East War

Transporters and commuters say high petrol prices are worsening hardship, despite reports that Dangote Refinery has reduced its gantry price.
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Tinubu Nominates Former SEC DG Lamido Yuguda as CBN Deputy Governor

KEY POINTS President Bola Ahmed Tinubu has nominated former SEC Director-General Lamido Abubakar Yuguda...
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Senate Confirms Taiwo Oyedele as Minister of State for Finance

KEY POINTS The Nigerian Senate confirmed Taiwo Oyedele as Minister of State for Finance...
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Makoko Residents Reject Relocation Plan to Epe After Demolition

KEY POINTS Residents of Makoko, Oko-Agbon and Sogunro rejected the Lagos Assembly’s proposal to...
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Kano Governor Yusuf Removes Head of Service Abdullahi Musa

KEY POINTS Kano State Governor Abba Kabir Yusuf has removed Head of Service Abdullahi...
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Kwara Gives Garri Machines to Rural Women Farmers

Kwara State has handed over industrial garri processing machines to rural women in Owode Oja, fulfilling a promise Governor AbdulRazaq made in August 2025.
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Nigeria’s Debt Service Payments Drop 38 Percent in January

Nigeria's debt service payments fell 38.5 percent year-on-year to $405.3 million in January 2026, according to CBN data.
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UNILAG Rejects ASUU Strike, Says Exams Will Hold

UNILAG management rejected ASUU's strike action Wednesday and vowed semester exams would proceed despite lecturers walking out over unpaid salary components.
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London Court Clears Diezani Alison-Madueke of Bribery Charges

KEY POINTS A London jury acquitted former Petroleum Minister Diezani Alison-Madueke of all six...
Business

Experts warn FG against costly foreign loans and VAT hike over IMF advice

Capital market operators and economists have urged the Federal Government to avoid expensive foreign loans and a VAT increase as it weighs the IMF's latest policy recommendations.
News

Court orders Virgin Atlantic to pay N13 million for missed flight

A Lagos Federal High Court has ordered Virgin Atlantic to pay Joy Ezetah $5,906.50 in damages, plus costs, after it denied her boarding on a Lagos-London flight.
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FG moves to end open grazing, identifies 470 gazetted reserves

The Federal Government has identified 470 gazetted grazing reserves to resettle pastoralists and end open grazing and the roaming of cattle across Nigeria's cities.