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NDLEA Brings Wanted Drug Suspect Back from Benin

KEY POINTS NDLEA arrests Festus Ibewuike in Benin Republic. He is linked to 49.70kg heroin seized in Lagos. 107 bank accounts and cartel properties were frozen. The National Drug Law Enforcement Agency, NDLEA, has arrested and repatriated a wanted suspected drug kingpin, Festus Ibewuike, from...

Kara Bridge Repairs Trigger Major Lagos-Ibadan Expressway Gridlock

KEY POINTS Kara Bridge repairs trigger severe Lagos-Ibadan gridlock. Traffic stretches from Kara towards Lagos and beyond. Repairs are scheduled to end on September 22. Traffic congestion has intensified along the Lagos-Ibadan Expressway following the commencement of rehabilitation work on the Kara Bridge, leaving motorists...

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ADC Crisis Deepens as Mark-Led Faction Expels Bala

KEY POINTS The David Mark-led ADC faction expelled Nafiu Bala, Leke Abejide, and others...

Nigeria spent N75bn on arms from 2023 to 2025, with 2024 accounting for more than half

Nigeria spent nearly N75bn on arms and military equipment over three years, with 2024 alone accounting for more than half of that total.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

Latest articles

NDLEA Brings Wanted Drug Suspect Back from Benin

KEY POINTS NDLEA arrests Festus Ibewuike in Benin Republic. He is linked to 49.70kg...

Kara Bridge Repairs Trigger Major Lagos-Ibadan Expressway Gridlock

KEY POINTS Kara Bridge repairs trigger severe Lagos-Ibadan gridlock. Traffic stretches from Kara towards...

Outrage as Kwara Revenue Officials Allegedly Evict Students Over Hostel Tax Dispute

KEY POINTS KWIRS officials allegedly evicted students from Malete hostels over a revenue dispute...

Ekiti Varsity Pensioners Demand Unpaid Pensions, Gratuities

L KEY POINTS BOUESTI pensioners say August pension remains unpaid. Retirees demand July balance, gratuities...