• Naira now N1,422/$ in parallel market

    Naira now N1,422/$ in parallel market
    By Elizabeth AdegbesanThe Naira yesterday depreciated to N1,422 per dollar in the parallel market from N1,415 per dollar on Wednesday. However, the naira appreciated to N1,381 per dollar in the Nigerian Foreign Exchange Market,   NFEM .Data from the Central Bank of Nigeria, CBN, showed that the indicative exchange rate for the naira fell to N1,381 per dollar from N1383.5 per dollar on Wednesday, indicating N2.5 appreciation for the naira. Consequently, the margin between the para
  • EFCC recovered over $500m in cash, assets in three years — Olukoyede

    The Chairman of the Economic and Financial Crimes Commission, EFCC, Ola Olukoyede, has said the anti-graft agency has forfeited cash and assets worth more than $500 million to the Federal Government in the past three years.Olukoyede disclosed this on Wednesday while delivering a lecture at the Cambridge International Symposium on Economic Crime in the United Kingdom.“Within three years of my assumption of office, we’ve been able to forfeit both cash and assets worth over half a bill
  • NDDC, Works Ministry move to fix Benin-Sapele-Warri-Agbor roads

    By Daniel Abia, P/HarcourtThe Niger Delta Development Commission, NDDC, the Federal Ministry of Works, the Edo State Government and other stakeholders have commenced an urgent intervention to address failed sections of major highways linking Edo and Delta states.The intervention followed growing concerns over the deplorable condition of the Benin-Sapele-Warri and Benin-Agbor roads, which have caused hardship for motorists, commuters, residents and businesses along the corridors.Edo State Govern
  • Deadly floods hit Nepal-Tibet border, 384 tourists missing

    More than 300 tourists remain unaccounted for, and at least 19 people have died following severe flooding and a mudslide near the Nepal-Tibet border, after the disaster struck on Wednesday.The flooding occurred after a torrent of mud and debris surged through the area, sweeping away homes and damaging infrastructure. Chinese state media also reported major casualties at a trade hub on the Tibet side of the border.Nepal’s tourism board said 384 tourists, including 291 foreigners, were stil
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  • Senator urges FG to make tax reforms beneficial to Nigerians

    By Daniel Abia, P/HarcourtNigerians have been urged to view the tax reforms of the President Bola Ahmed Tinubu administration as a tool for national development rather than a punitive measure that could worsen their economic challenges.Senator Osita Izunaso made the call while advocating effective implementation of the new tax framework, stressing that increased taxation must be matched by improved public services, transparency and accountability.Speaking at the ongoing Nigerian Bar Association
  • FG tasks threat committee with clear path from threats to outcomes

    By Omeiza AjayiABUJA: The Federal Government has inaugurated the Presidential Committee on the National Threat Assessment and Five-Year Strategic Defence Operations Plan, charging it to develop a clear framework for identifying security threats, setting objectives and achieving measurable outcomes.Secretary to the Government of the Federation, SGF, Senator George Akume, gave the charge on Wednesday in Abuja while inaugurating the committee on behalf of President Bola Tinubu.The inauguration is
  • Iranian leader Khamenei isn’t dead – Trump

    US President Donald Trump on Wednesday said he believes Iran’s supreme leader, who has not been seen in public since taking over after his father’s killing in February, remains alive.“I don’t think he’s dead. He was very seriously wounded. The left side of his body, the arm, the leg, the whole thing. He was very seriously wounded. But I don’t think he’s dead,” Trump said in an interview with conservative radio host Glenn Beck.Officially, Khamenei
  • La Liga: Barcelona, Atlético Madrid escalate Álvarez transfer standoff

    La Liga: Barcelona, Atlético Madrid escalate Álvarez transfer standoff
    Barcelona and Atlético Madrid are in a public standoff over Julián Álvarez’s transfer. Learn why Atlético insists there’s “0% chance” of selling him to BarRead More: https://punchng.com/la-liga-barcelona-atletico-madrid-escalate-alvarez-transfer-standoff/
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  • 2027: We will sell petrol at ₦605 – Gbenga Olawepo-Hashim

    …Says it couldfall to ₦200
    The Presidential Candidate of the Accord Party, Dr Gbenga Olawepo-Hashim, has said petrol can be sold at a sustainable price of ₦605 per litre under an Accord administration, with the price potentially falling to between ₦200 and ₦300 if production costs and the exchange rate are stabilised.Hashim, who has consistently opposed the removal of petrol subsidy, said the proposed ₦605 price would not amount to an artificial subsidy, ins
  • Why Real Madrid will not be playing at Anfield in Champions League group phase

    Liverpool could face Real Madrid for a third successive season in the Champions League, but UEFA has placed a restriction on where the match can be played.The two European giants are among the 36 clubs entering Thursday’s 2026-27 Champions League league phase draw in Monaco.Both have been placed in Pot 1 alongside some of Europe’s biggest clubs, meaning a repeat meeting between them remains possible.However, UEFA’s new draw condition means Liverpool would not be permitted to h
  • Presidency blames contractor for Benin-Agbor-Asaba road crisis

    The Presidency has blamed the contractor handling the Benin-Agbor-Asaba highway for the deplorable condition of the road and the gridlock that recently left motorists stranded for days.Special Adviser to President Bola Tinubu on Media and Public Communications, Sunday Dare, said the contractor failed to fulfil its obligations, while insisting that the Federal Government responded swiftly after the situation escalated.Dare spoke on Channels Television on Wednesday while reacting to the road cris
  • Mary Habila had heart condition, died of cardiac arrest – Family

    The family of Mary Habila, the 25-year-old nurse who died at the residence of the Minister of Works, David Umahi, has said she had been diagnosed with a hole in her heart and died following a cardiac arrest.Habila was buried on Friday in her hometown of Nok, Jaba Local Government Area of Kaduna State.In a brief biography contained in her burial programme, the family said Habila had lived with the heart condition and remained hopeful despite her health challenges.“Mary Habila lived with a
  • Iran’s Hormuz blockade will worsen food crisis in Nigeria, others – US warns

    … Says fertilizer shortage, higher fuel cost to hit sub-Saharan Africa
    By Nkiruka NnoromThe United States has warned that Iran’s disruption of shipping in the Strait of Hormuz will worsen food insecurity in Nigeria and other parts of sub-Saharan Africa due to fertilizer shortages and rising energy costs.Speaking at a UN Security Council Open Debate on Food Insecurity in New York, Amb. Jennifer Locetta, Alternative Representative for Special Political Affairs, US Mission to United N
  • Online publishers mourn journalist Dotun Oladipo

    Online publishers mourn journalist Dotun Oladipo
    Online publishers express sadness over the death of Dotun Oladipo, former GOCOP president and publisher of The Eagle Online. Learn more about his legacy.Read More: https://punchng.com/online-publishers-mourn-journalist-dotun-oladipo/
  • Nigerian wanted in India over 3.3kg MDMA seizure

    Nigerian wanted in India over 3.3kg MDMA seizure
    A Nigerian national is wanted in India following the seizure of 3.3kg of MDMA. Learn more about the Nigerian drug seizure investigation.Read More: https://punchng.com/nigerian-wanted-in-india-over-3-3kg-mdma-seizure/
  • FG urges states to adopt anti-corruption strategies

    FG urges states to adopt anti-corruption strategies
    The Federal Government urges states to adopt homegrown anti-corruption strategies, vital for transparency, accountability, and improved public service deliRead More: https://punchng.com/fg-urges-states-to-adopt-anti-corruption-strategies/
  • Deadly flood hits Nepal-Tibet border, hundreds unaccounted for

    Deadly flood hits Nepal-Tibet border, hundreds unaccounted for
    A deadly flood on the Nepal-Tibet border has left 19 dead and hundreds of tourists, including foreigners, unaccounted for. Rescue efforts are underway.Read More: https://punchng.com/deadly-flood-hits-nepal-tibet-border-hundreds-unaccounted-for/
  • 2027: Kwara APC leaders dismiss Mustapha’s defection, back AbdulRazaq

    2027: Kwara APC leaders dismiss Mustapha’s defection, back AbdulRazaq
    Kwara APC leaders and stakeholders dismiss Senator Saliu Mustapha’s defection, reaffirming strong support for Governor AbdulRazaq ahead of 2027 elections.Read More: https://punchng.com/2027-kwara-apc-leaders-dismiss-mustaphas-defection-back-abdulrazaq/
  • Italian FA withdraws support for FIFA president Infantino

    Italy’s national football federation (FIGC) said on Wednesday it has withdrawn its support for embattled FIFA president Gianni Infantino over his failed attempt to sell off stakes in the World Cup.The move comes as a host of European national associations, including England, Ireland and Wales, already scrapped their backing of Infantino who is seeking re-election at next year’s FIFA Congress.“This decision is intended to clearly and transparently express the FIGC’s posit
  • Prince Harry, family arrive back in Britain

    Prince Harry, his wife Meghan and their two children landed Wednesday in Britain, UK media reported, after the surprise news emerged last week they would be relocating from the United States.The couple — who quit Britain and royal duties six years ago and moved to California — landed aboard a private jet at Birmingham Airport, The Telegraph newspaper and other media said.The paper and others report they plan to stay for “an extended period”, living in a home in the
  • 2027: Tinubu’s aide identifies ‘arithmetic flaw’ in Atiku’s petrol subsidy plan

    By Bayo WahabSpecial Adviser to President Bola Tinubu on Media and Public Communication, Sunday Dare, has identified what he described as an ‘arithmetic flaw’ in former Vice-President Atiku Abubakar’s plan to restore petrol subsidy if elected president in 2027.Dare described the proposal as an “economic safari”, arguing that selling crude oil to local refineries at preferential prices could create fiscal, market and smuggling challenges.The presidential aide stated
  • Chelsea open talks with Aston Villa’s Emiliano Martinez

    Chelsea have opened talks over a possible move for Aston Villa goalkeeper Emiliano Martinez as they consider strengthening their goalkeeping options before the transfer window closes.According to transfer expert Fabrizio Romano, Chelsea are interested in the Argentina international, with the 33-year-old’s situation at Villa leaving the door open for a late transfer.Martinez’s future has become uncertain following the arrival of Zion Suzuki at Aston Villa and the collapse of his prop
  • Police arrest suspected drug dealer with bottles of Methylene Chloride in Bauchi

    Police arrest suspected drug dealer with bottles of Methylene Chloride in Bauchi
    Bauchi Police arrest Aliyu Suleman with 64 bottles of Methylene Chloride, locally known as ‘Suck and Die,’ in a major drug bust.Read More: https://punchng.com/police-arrest-suspected-drug-dealer-with-bottles-of-methylene-chloride-in-bauchi/
  • Russian chess official dies of suspected malaria after Nigeria trip

    Russian chess official dies of suspected malaria after Nigeria trip
    A Russian chess official, Sergei Indeikin, has died of suspected malaria after a work trip to Nigeria. Learn more about the risks of malaria.Read More: https://punchng.com/russian-chess-official-dies-of-suspected-malaria-after-nigeria-trip/
  • NPFL clubs to get 60% of new $7.5m sponsorship deal

    NPFL clubs to get 60% of new $7.5m sponsorship deal
    Nigerian Premier Football League clubs will receive 60% of the new $7.5m EUROMATCH sponsorship deal, boosting player wages and welfare. Learn more about thRead More: https://punchng.com/npfl-clubs-to-get-60-of-new-7-5m-sponsorship-deal/
  • UEFA set to withdraw FIFA boycott threat

    By Enitan AbdultawabEuropean football nations are set to withdraw their threat to boycott FIFA competitions following assurances from the world football governing body, according to Sky News.The boycott threat was introduced by UEFA last month as part of growing opposition to FIFA president Gianni Infantino and a controversial proposal to sell shares in a World Cup-related commercial venture to private investors.Infantino later abandoned the plan, but UEFA maintained that European teams would o
  • 2027: Tinubu has done a lot for Nigerians, he’ll be re-elected — Akpabio

    Senate President Godswill Akpabio has expressed confidence that President Bola Tinubu will secure a second term in office in the 2027 general election, citing the achievements of the administration.Akpabio spoke on Monday in Uyo, Akwa Ibom State, when he received members of the Senate Committee on Tertiary Institutions, TETFund and NELFund, led by Senator Muntari Dandutse, representing Katsina South.The Senate President said the ruling All Progressives Congress (APC) would have sufficient achie
  • Labour threatens showdown with FG over unpaid hazard allowance

    By Victor Ahiuma-YoungOrganised Labour through the Joint National Public Service Negotiating Council, JNPSNC, has threatened a showdown with the Federal Government over the failure to implement an approved occupational hazard allowance for agricultural professionals in the public service, nearly two years after approval.The council, in a fresh letter to the Head of the Civil Service of the Federation, expressed dissatisfaction over what it described as an “unnecessary delay” in issu
  • ADC chieftain urges Wike to caution Kuje council chair over remarks

    ADC chieftain urges Wike to caution Kuje council chair over remarks
    ADC chieftain urges FCT Minister Wike to caution Kuje Council Chairman, Samuel Shekwolo, over divisive remarks threatening critics and non-APC supporters.Read More: https://punchng.com/adc-chieftain-urges-wike-to-caution-kuje-council-chair-over-remarks/
  • We lost a brother, Dele Odule mourns late colleague Ogogo

    We lost a brother, Dele Odule mourns late colleague Ogogo
    Veteran actor Dele Odule pays emotional tribute to his late colleague Taiwo Hassan, popularly known as Ogogo, describing his passing as a profound loss.Read More: https://punchng.com/we-lost-a-brother-dele-odule-mourns-late-colleague-ogogo/

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