General news

• No nation can finance its development on external dependence alone — FG

  24-06-2026 21:00 via vanguardngr.com
  
  By Johnbosco AgbakwuruABUJA — The Federal Government on Wednesday said no nation can finance its development on the basis of external dependence alone.The Minister of Finance and Coordinating Minister of the Economy, Mr. Taiwo Oyedele, stated this in his remarks at a high-level capacity-building session with chairpersons of state revenue services and the joint revenue board, on the occasion of an experience-exchange visit by the Government of the Federal Democratic Republic of Ethiopia to
  
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• OPay’s Growing Role in Helping Nigerians Access Financial Services

  25-06-2026 08:46 via vanguardngr.com
  
  By Akintayo EribakeOver the years, technology has changed the way Nigerians handle money. Today, many people no longer need to visit a bank to send money, pay bills, buy airtime, or receive payments. With a mobile phone, many financial transactions can now be completed within minutes.As Nigeria’s economy becomes more digital, the focus is no longer only on bringing people into the banking system. The bigger challenge now is ensuring these services remain reliable, safe, and available to t
  
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• Former governor Uduaghan is alive – Delta govt

  25-06-2026 08:10 via vanguardngr.com
  
  By Jimitota OnoyumeThe Delta state government has dismissed as untrue reports by some online newspapers that former governor Emmanuel Uduaghan had passed on.Media aide to governor Sheriff Oborevwori of Delta state, Mr Ossai Ovie in a statement on his facebook page said he spoke with the daughter of the ex governor Miss Orode Uduaghan who told him that the father is alive.His statement titled : “Former governor uduaghan is alive – death rumor false“I have just seen reports circ
  
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• How transparency in choosing VCs influences varsities’ devt, growth  — Research 

  25-06-2026 07:59 via vanguardngr.com
  
  By Joseph Erunke, ABUJAHow fair and transparent the selection process of the vice-chancellor is, has a great role to play in how the university turns out in terms of development and growth during the tenure of such a vice- chancellor, a study has shown.According to the research findings, universities that adopt transparent, accountable and inclusive leadership selection processes consistently record better governance outcomes, stronger institutional stability and higher levels of public tr
  
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• ‘YABATECH needs alumni backing to become university’ 

  25-06-2026 07:52 via vanguardngr.com
  
  By Elizabeth OsayandeThe Chairman of the Governing Council of Yaba College of Technology (YABATECH), Prof. Funsho Afolabi, has called on the institution’s alumni worldwide to rally behind the College’s ongoing transformation into a University of Technology and Vocational Studies, describing their support as critical to the success of the historic transition.Prof. Afolabi made the appeal at the opening ceremony of the 2026 Annual General Meeting (AGM) of the YABATECH Alumni Asso
  
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• Dollar to Naira exchange rate today, June 25, 2026

  25-06-2026 07:43 via vanguardngr.com
  
  The naira traded relatively stable against the United States dollar on Thursday, June 25, 2026, across both the official and parallel foreign exchange markets as market participants continued to monitor liquidity conditions and foreign exchange supply.Data from the Nigerian Foreign Exchange Market (NFEM) showed that the official exchange rate hovered around ₦1,370 to the dollar, with the latest available market data indicating the naira closed at approximately ₦1,372.76 per dollar o
  
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• Cartoon: Nigerian politicians are ‘born again’

  25-06-2026 07:43 via vanguardngr.com
  
  Read Also: Senate passes State Police BillVanguard NewsThe post Cartoon: Nigerian politicians are ‘born again’ appeared first on Vanguard News.
  
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• Senate passes State Police Bill: It’s now Federal, State Police Service

  25-06-2026 07:13 via vanguardngr.com
  
  ***Replaces NPF with Federal, State Police Services***Shifts Nigeria from unitary to federal policing modelBy Henry Umoru, Assistant Politics EditorABUJA — IN an epoch-making session that fundamentally alters the geopolitical and security landscape of the nation, the Senate, yesterday, passed a landmark constitutional amendment bill establishing state police across the 36 states of the federation.The passage of the executive bill, transmitted to the National Assembly by President Bola Tin
  
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• N1.92trn credit crunch threatens Nigeria’s industrialisation drive – MAN

  25-06-2026 07:13 via vanguardngr.com
  
  By Yinka Kolawole
  The Manufacturers Association of Nigeria (MAN) has raised concerns over the sharp decline in bank credit to the manufacturing sector, warning that the development could undermine industrial growth, worsen unemployment and jeopardise the implementation of the Nigeria Industrial Policy (NIP) 2025.
  In a statement issued yesterday, MAN Director-General, Segun Ajayi-Kadir, noted that the sector suffered a 22.5 per cent contraction in credit, equivalent to about N1.92 trillion, descr
  
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• Cocoa, coffee farmers seek African bloc, $6,000 floor price to end foreign control

  25-06-2026 07:07 via vanguardngr.com
  
  By Cynthia AloThe Cocoa and Coffee Farmers Alliance Association of Africa (COCEFAAA) has called for a unified African cocoa producers’ bloc and a minimum floor price of not less than $6,000 per metric tonne, to coordinate production and strengthen bargaining power for farmers across the continent.The association said the measures would help end Africa’s dependence on commodity exchanges in London and New York, which continue to influence global cocoa pricing.Global President of
  
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• APMT Apapa, key driver of Nigeria’s export trade — Kapito

  25-06-2026 07:04 via vanguardngr.com
  
  By Godwin OritseNigeria’s largest container terminal, APM Terminals Apapa, has expressed its role in driving the nation’s export growth through strategic investments in infrastructure, technology and operational efficiency.Speaking at an Export Management Workshop organised by Lagos Business School in Lagos, the Chief Commercial Officer of APM Terminals Apapa, Mr. Westtar Kapito, said: “APM Terminals Apapa has made a long-term commitment to Nigeria and its economic growth
  
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• Mbah to criminals: You can run, but can’t hide

  25-06-2026 07:02 via vanguardngr.com
  
  ***Commissions Centre for DNA Forensics and InvestigationENUGU—Governor Peter Mbah of Enugu State said there is no more hiding place for criminals in the state, as his administration has built the capacity to preempt, track down, and bring them to book.Mbah sounded the warning, yesterday during the commissioning of the Centre for DNA Forensics and Criminal Investigation (CeDFoCI), a strategic partnership with the Enugu State Government, the Godfrey Okoye University, and the
  
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• Stakeholders seek domestic investment to curb $2.1bn ceramic import

  25-06-2026 07:00 via vanguardngr.com
  
  By Yinka KolawoleStakeholders in Nigeria’s ceramic industry have called for increased investment, innovation, stronger policy support and deeper collaboration to transform the sector into a major driver of industrialisation, job creation and economic diversification.The call was made at the Nigeria Ceramic Investment Summit and Product Exhibition 2026 (NCISPE 2026), which brought together industry leaders, investors, researchers, entrepreneurs and development partners to explore oppo
  
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• MAN confirms Vanguard Newspaper data showing N1.9trn decline in credit to manufacturers

  25-06-2026 06:56 via vanguardngr.com
  
  •Lists key drivers, blame high rates, policy gapsBy Yinka KolawoleTHE Manufacturers Association of Nigeria, MAN, has raised concern over the data generated by  Vanguard Newspaper  showing that banks’ credit to manufacturers contracted by 22.5 per cent, a development the association warned could undermine industrial growth, worsen unemployment and weaken the implementation of the Nigeria Industrial Policy (NIP) 2025.A  Vanguard Newspaper  data generated from the Ce
  
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• 70% of agric data in govt hands outdated — Survey

  25-06-2026 06:51 via vanguardngr.com
  
  •As farmers, investors lack reliable informationBy Cynthia AloA  new study by the Nigeria Agribusiness Data and Investment Hub (NADIH), an initiative of Lagos Business School in partnership with Augmentum Advisory, has revealed that although government institutions control about 70 percent of agricultural datasets in Nigeria, much of the information is outdated and inadequate for farmers, investors and policymakers.The findings were unveiled in Lagos, during the formal launch of
  
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• Family businesses in Africa sustain growth despite uncertainty — PwC

  25-06-2026 06:47 via vanguardngr.com
  
  By Peter Egwuatu & Providence AyanfeoluwaFamily businesses across Africa are recording strong growth and demonstrating resilience despite economic uncertainty, regulatory reforms and geopolitical pressures, according to the PwC Africa Family Business Survey 2025.The survey, which covered 79 family businesses across East, West and Southern Africa, showed that 66 per cent of respondents achieved single or double-digit sales growth in the past year, surpassing the global average of 57 per
  
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• Nigeria, 4 others launch new corridor Authority for $16bn Abidjan — Lagos highway

  25-06-2026 06:43 via vanguardngr.com
  
  By Efe OnodjaeNigeria and four other West African countries, Côte d’Ivoire, Ghana, Togo, and Benin Republic, have formally launched the Abidjan–Lagos Corridor Management Authority, a regional body established to oversee the development and future operation of the $16 billion coastal highway project linking major economic hubs across the region.The authority will coordinate the management and operation of the planned 1,028-kilometre, six-lane expressway, which is expected
  
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• FG, GENCOs sustain disagreement over electricity sector debt

  25-06-2026 06:40 via vanguardngr.com
  
  •We are already settling the debts amounting N4trn – FG•It’s N7trn, no payment has happened – GENCOsBy Ediri EjohThe Federal Government has said it is offsetting the power sector’s debt, which it said has risen to about N4 trillion.This came as the Generation Companies, GENCOs, fault the claims, insisting that the sector has incurred over N7 trillion debt on its government services.Speaking at the Nigerian-British Chamber of Commerce Energy Day 2026, held in La
  
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• UNILAG Students Secure Sponsors, Sell Out TEDxUNILAG 2.0 conference

  25-06-2026 06:21 via vanguardngr.com
  
  By Godwin OritseA team of students from the University of Lagos successfully delivered the second edition of TEDxUNILAG in just 44 days, securing the support of several corporate partners and recording a sell-out of its early ticket categories ahead of the final ticket sales.
  The second edition of TEDxUNILAG has emerged as a notable example of student-led innovation and execution, with the organising team delivering the event within just 44 days.
  In a statement, Leader Bill President of TEDxUNI
  
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• LPPC suspends Mike Ozekhome’s SAN rank

  25-06-2026 06:15 via vanguardngr.com
  
  Foremost constitutional lawyer and human rights crusader, Professor Mike Ozekhome, has been relieved of the prestigious rank of Senior Advocate of Nigeria, SAN.Ozekhome, a professor of law, was suspended from the SAN rank by the Legal Practitioners’ Privileges Committee (LPPC) at its 173rd General Meeting.A statement by the LPPC, signed by its Secretary, Mr. Kabiru Eniola Akanbi, explained that the action was taken against Ozekhome pursuant to Paragraph 26(6) of the Guidelines for the Con
  
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• Naira down to N1,385/$ in parallel market

  25-06-2026 06:02 via vanguardngr.com
  
  By Elizabeth AdegbesanTHE Naira yesterday depreciated to N1,385 per dollar in the parallel market from N1,380 per dollar on Tuesday.Likewise, the naira depreciated to N1,389 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 market rose to N1,389 per dollar from N1,373 per dollar on Tuesday , indicating N16 depreciation for the naira. Consequently, the margin between the parallel and official
  
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• FG orders  banks, others to freeze assets of terrorism financiers

  25-06-2026 05:59 via vanguardngr.com
  
  ***Backs US sanctions on Nigerians, BDCs linked to terror financing
  ***Says terrorists, financiers have no safe haven in Nigeria’s financial systemBy Kingsley Omonobi & Luminous JannamikeABUJA — The Federal Government yesterday directed financial institutions and designated non-financial businesses and professions to maintain full compliance with sanctions obligations by freezing the assets of terrorists financiers.The directive came against the backdrop of sanctions imposed on
  
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• AFNIS 2026: Tinubu pushes for united African front on solid minerals development

  25-06-2026 04:20 via vanguardngr.com
  
  …Says Africa Must Look Inward, End Raw Mineral ExportsBy Gabriel EwepuABUJA — President Bola Tinubu on Wednesday called for a united African approach to the development of the continent’s vast solid mineral resources, urging African nations to move beyond the export of raw materials and embrace value addition, industrialisation and regional collaboration.Speaking at the opening of the 2026 African Natural Resources and Energy Investment Summit (AFNIS) in Abuja, themed “
  
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• Lawal approves allowances to NYSC members

  25-06-2026 04:10 via vanguardngr.com
  
  Governor Dauda Lawal approved the payment of allowances/stipends to National Youth Service Corps (NYSC) members serving in Zamfara state.The approval reflects the administration’s unwavering commitment to the welfare and wellbeing of corps members who are contributing to the development of various sectors across Zamfara State.A statement by the state commissioner for Information and Culture, Mahmud Muhammad Dantawasa, said the approval covers corps members from Batch A Stream I and II up
  
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• Task force reads riot act to Zamfara private hospitals

  25-06-2026 04:08 via vanguardngr.com
  
  Private healthcare providers in Zamfara state have been urged to improve compliance with established health regulations and standards to enhance quality healthcare service delivery across the state.Zamfara State Task Force Committee on Private Health Facilities gave the warning during an inspection of some heath facilities in Gusau, the state capital.The co-chairman of the committee and Permanent Secretary of the Ministry of Health, Rilwanu Musa Zurmi, issued the warning during the first day of
  
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• Bokkos Attack: IGP assures Gov Mutfwang perpetrators will face justice

  25-06-2026 03:15 via vanguardngr.com
  
  By Golok NanmwaJos — The Inspector-General of Police (IGP), through the Assistant Inspector-General of Police (AIG), Zone 4, Morris Dankwambo, has assured Plateau State Governor, Caleb Mutfwang, that security agencies are intensifying operations to apprehend and prosecute those responsible for the recent attack in Mushere District of Bokkos Local Government Area.The assurance came during the AIG’s visit to Governor Mutfwang at the Old Government House, Rayfield, Jos, on the directiv
  
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• Greener space: Zamfara launches tree-planting to combat desert encroachment

  25-06-2026 03:07 via vanguardngr.com
  
  The Zamfara state government yesterday launched a tree-planting campaign to combat desert encroachment, flooding and other environmental challenges across the state.Commissioner of Education, Abdulmalik Gajam, launched the Initiative which was a collaboration between the Greener Space Foundation Tree-Planting Initiative and the education ministry at Government Day Secondary School, Janyau, in Gusau, the state capital.He said, “As part of the exercise, I planted the first trees to kick-sta
  
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• Self-medication worsening liver disease crisis, experts warn Nigerians

  25-06-2026 01:36 via vanguardngr.com
  
  By Chioma ObinnaMedical experts have raised the alarm over the growing culture of self-medication in Nigeria, warning that the dangerous practice is fueling liver-related diseases and putting millions at risk of irreversible organ damage.The experts said indiscriminate use of painkillers, antibiotics and herbal mixtures, often without proper diagnosis or medical supervision has become a silent but serious public health threat.The experts spoke during a webinar titled: “The Hidden Costs of
  
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• The Strait of Hormuz must stay open

  25-06-2026 01:23 via vanguardngr.com
  
  The Strait of Hormuz is the world’s most critical oil chokepoint, and its uninterrupted flow is essential to global stability. Every day, approximately 21 million barrels of crude oil—roughly 21 per cent of global petroleum consumption—pass through this narrow waterway between Iran and Oman. To nickname it a “special international waterway” and treat it as a universal resource is not a mere geostrategic fiction but an economic necessity. The strait must never again
  
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• Peter Obi and Bayo Onanuga’s red herring, by Ikechukwu Amaechi

  25-06-2026 01:22 via vanguardngr.com
  
  I was saddened watching Mr. Bayo Onanuga, Special Adviser to President Bola Tinubu on Information and Strategy, discuss the state of the nation on Arise Television on Tuesday. To be fair, though, he is the president’s spokesperson and his job entails defending the indefensible. But beyond that, he has the reputation of insensitivity to the plight of ordinary Nigerians whenever he finds himself on the corridors of power, an attitude he exhibited grotesquely during the interview. Niger
  
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