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Retirement an exit into hell, Labour blasts pension delays
via vanguardngr.com
By Victor Ahiuma-YoungThe President of the Association of Senior Civil Servants of Nigeria ASCSN, Shehu Mohammed, has described retirement under the current pension arrangement as “an exit into hell,” blaming persistent delays, long queues and the failure of the contributory pension scheme to deliver on its promise.Speaking on the plight of Lagos pensioners, Mohammed said the scheme, introduced to ease access to terminal benefits, has instead left many retirees and their families str -
Ondo father rejects drowning theory in deaths of 3 children, demands probe
via vanguardngr.com
—Says no water in their stomachsBy Dayo Johnson AkureA family in Ondo State is demanding a full investigation after three siblings were found dead near a stream inside the 32 Artillery Brigade Army Barracks in Akure.The deceased are 11-year-old twins, Joshua and Jacob Jonah, and their 5-year-old sister, Blessing.Their father, Samuel Jonah, who works as a farmer and security personnel within the barracks, said he doubts the children drowned and believes there may have been foul play.Jonah -
PSG go for three in a row as Champions League returns
via vanguardngr.com
Another UEFA Champions League season gets going this week with the beginning of the league phase as Paris Saint-Germain bid to join the tiny band of clubs to have won the competition three years running.PSG successfully defended their title last season when they beat Arsenal on penalties in Budapest, retaining the trophy they won for the first time in their history 12 months earlier.Luis Enrique’s side have already secured their status as one of the competition’s greatest teams by wi -
Manufacturing GDP rises 3.3% to N4.13trn amid renewed optimism
via vanguardngr.com
By yinka Kolawole
At the backdrop of improved optimism among manufacturers in Nigeria’s business environment, the manufacturing sector contributed N4.128 trillion to the nation’s Gross Domestic Product, GDP, in the second quarter of 2026 (Q2’26), indicating a 3.3 percent year-on-year (y/y) increase compared to N3.998 trillion recorded in Q2’25.Data from the National Bureau of Statistics (NBS), however, showed that the sector’s performance weakened sharply on a quar -
FG and Umahi’s roads to hell – 2
via vanguardngr.com
By Dele Sobowale
The Benin-Agbor-Asaba highway to sudden death symbolizes everything wrong with how the Federal Government and Minister David Umahi have been managing Nigerian roads. The horrors of that road are being replicated everywhere – as will be demonstrated shortly. Umahi obviously is the wrong man for one of the most important assignments.Nigeria’s Federal highways constitute a reflection of the competence, or lack of it, of the Minister of Works. When David Umahi was tappe -
Maritime Reforms: Nigeria’s ports record 12.3% rise in cargo throughput
via vanguardngr.com
By Emeka AnaetoThe Nigerian Ports Authority (NPA), has reported significant growth in cargo throughput, vessel traffic, container movements, vehicle traffic among others in the second quarter of 2026, Q2’26, attributing the development to the various reforms the Federal Government introduced in the maritime sector.This was contained in the NPA Operational Performance Report for Q2’26 which also revealed an overall improvement in operational activities.Breakdown of the report showed -
2027: It’s call to duty not anarchy - Umeh defends Peter Obi’s ‘threat’ to election riggers
via vanguardngr.com
By Bayo WahabThe senator representing Anambra Central Senatorial District, Victor Umeh, has defended Peter Obi’s warning that Nigerians would resist attempts to manipulate their votes in the 2027 general election, describing the statement as a “call to duty” rather than a threat of anarchy.Obi had recently warned that Nigerians would no longer tolerate attempts to undermine their votes in the 2027 general election, insisting that their votes must be counted and their choices r -
FCMB Group projects N104.6bn Q4 profit
via vanguardngr.com
By Segun-Ogundeyi FiyinfoluwaFCMB Group Plc has projected a profit after tax of N104.61 billion for the fourth quarter ending December 31, 2026, driven largely by interest income, according to an internal group earnings forecast.The forecast, prepared before the close of the third quarter, contains management estimates and does not represent audited or publicly released financial results.According to a statement from the bank released on the Nigerian Exchange Limited, NGX, the forecast puts gro -
LAWMA sacks sweepers, arrests two over illegal dumping
via vanguardngr.com
By Olasunkanmi AkoniLAGOS — The Lagos Waste Management Authority (LAWMA) has disengaged some street sweepers, their supervisors and the service provider after investigations linked them to indiscriminate waste dumping along the Oworonshoki-Berger axis of the state.The authority also arrested two suspected illegal waste dumpers in the area.Speaking on the development at the weekend, LAWMA Managing Director, Dr Muyiwa Gbadegesin, said the action followed sustained surveillance and investiga -
Adoption of T+1 going on smoothly — SEC
via vanguardngr.com
By Peter Egwuatu The Securities and Exchange Commission (SEC) has said the adoption of the T+1 settlement cycle in Nigeria’s capital market is going on smoothly, describing it as a development that has enhanced competitiveness and provided relief to market participants.Disclosing this in a media chat in Abuja last weekend, Director, Registration, Exchanges and Market Infrastructure, Mrs. Hafsat Rufai, said both local and international investors had expressed satisfaction with the new -
Investors gain N3.7trn ahead of Nigeria’s climb to frontier status
via vanguardngr.com
By Peter EgwuatuThe Nigerian stock market closed last week on a positive note, as investors on the Nigerian Exchange Limited, NGX, gained N3.73 trillion.This comes ahead of the transition of the Nigerian market from unclassified to frontier market later this month.Market details last week showed that gains in MTN Nigeria by 5.0%, Seplat Energy 10.0%, Zenith 6.3% and FirstHoldco 3.4% significantly drove the NGX All-Share Index, ASI, higher by 2.4% Week-on-Week, WoW, to 246,992.44 points from 241 -
G100, opposition’s late scramble for unity dead on arrival — APC, Keyamo
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By Omeiza AjayiABUJA—The ruling All Progressives Congress, APC, has dismissed the just-concluded summit of Nigeria’s opposition political parties as a doomed venture, insisting the gathering only confirmed the opposition camp’s anxiety over an impending defeat in the 2027 general election.
Reacting to the summit convened by the political pressure group, G100, APC National Chairman, Prof. Nentawe Yilwatda, described the summit as “dead on arrival,” accusing the part -
FG begins Kara Bridge repair works Tuesday
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By Olasunkanmi AkoniLAGOS — THE Federal Government, yesterday, said it intends to carry out repair works on the Kara–Berger Bridge on Tuesday, September 8, 2026, for two weeks, just as it cautioned motorists and commuters on the Lagos–Ibadan Expressway of possible travel delays.
The project, earlier slated to commence in August 2026, was suspended for traffic review following public outcry over short notice and the need for effective traffic management.
The two-week rehabilita -
Indonesia market fire kills 11, including six children
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JAKARTA — At least 11 people, including six children, have died after a fire tore through a market and nearby buildings in Indonesia’s eastern Papua region, police said on Monday.The fire broke out shortly after midnight in Paniai, Central Papua province, and quickly spread to several shophouses, according to local police spokesman Henry Manurung.“During the inspection, officers found 11 victims who had died with burn injuries. Of the 11 victims, five of them were adults, whil -
It’s our turn to produce next Awujale — Fusengbuwa Ruling House
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ABEOKUTA —THE Fusengbuwa ruling house of Ijebu-Ode in Ogun State, yesterday, reaffirmed the unity of the family and its determination to produce the next Awujale and paramount ruler of Ijebuland.
The ruling house also warned against alleged attempts to frustrate it from exercising what it described as its lawful turn in the succession to the vacant throne.
The leaders spoke after an enlarged meeting of princes and princesses of the ruling house held at Ile Nla (Agunsebi), Ijebu-Ode.
The m -
Sokoto: Terrorists flee as troops overrun forest hideouts, seize weapons
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By Musa UbandawakiSOKOTO—TERRORISTS operating in parts of Sokoto State have suffered another major setback as troops of the Nigerian Army’s COAS Special Intervention Battalion 7, Sector 2, Operation FANSAN YAMMA, dislodged their positions and recovered high-calibre weapons, ammunition and motorcycles during a clearance operation in Tangaza Local Government Area.
The operation was part of the ongoing offensive campaign aimed at dismantling terrorist enclaves, restricting the movement -
Kebbe attack: Sokoto govt declares total war on terrorists
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By Musa UbandawakiSOKOTO—THE Sokoto State Government has declared total war on terrorists and other criminal elements responsible for the escalating insecurity in vulnerable communities, following the recent deadly attack in Kebbe Local Government Area.
The government also offered N9 million in financial assistance to families of the deceased and injured victims of the attack as part of immediate measures to cushion the impact of the tragedy.
Acting on the directive of Governor Ahmad Aliy -
FCCPC probes Uber over abrupt Nigeria exit
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ABUJA — The Federal Competition and Consumer Protection Commission (FCCPC) has commenced a probe into Uber’s abrupt withdrawal from the Nigerian market, with particular focus on how the ride-hailing company handled unfulfilled services to customers.The FCCPC Chief Executive Officer, Tunji Bello, disclosed this in an interview with Bloomberg on Sunday.Bello said the commission was examining the circumstances surrounding Uber’s exit, particularly its obligations to consumers fol -
Solomon Islands PM survives ouster bid, parliament adjourned
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HONIARA — Solomon Islands Prime Minister Matthew Wale has survived an attempt to oust his government, with parliament subsequently adjourned indefinitely to prevent another immediate challenge.The no-confidence motion was withdrawn on Sunday by its sponsor, Manasseh Maelanga, after several lawmakers crossed over to Wale’s coalition.Parliament was adjourned indefinitely on Monday, with Wale saying the break would provide time for his government to pursue major policy changes, includi -
Trump suggests renaming New Mexico ‘New America’
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WASHINGTON — US President Donald Trump has suggested renaming the state of New Mexico “New America”, prompting an immediate rejection from the state’s governor.Trump made the proposal on Sunday in a social media post, saying he had received suggestions that the state should be given a new name.“Many people suggested changing the name of New Mexico… to NEW AMERICA,” the Republican president wrote. “So much more prestigious and beautiful for the pe -
Bauchi Senator Buba denies sponsoring banditry, says allegations fabricated
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ABUJA — Senator Shehu Buba, representing Bauchi South Senatorial District, has denied allegations linking him to bandit kingpins and sponsoring banditry in northern Nigeria, describing the claims as fabricated and politically motivated.Buba, who is the Peoples Redemption Party (PRP) governorship candidate in Bauchi State, said the allegations circulating online claimed that some high-profile bandit leaders had visited his residence and that he sponsored some of them to undertake the hajj -
Dollar to Naira exchange rate today, September 7, 2026
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The dollar-to-naira exchange rate opened the new week with the naira trading at about ₦1,321.68 per US dollar at the official rate, while the parallel market rate stood at ₦1,390 per dollar for buying and ₦1,400 for selling, according to available market data.The latest available NFEM figure for September 7 puts the official exchange rate at ₦1,321.68 to the dollar. However, the Central Bank of Nigeria’s published NFEM table shows September 4 as the latest dated tr -
2027: Don’t include me among candidates who can’t fix Nigeria — Adebayo replies Baba-Ahmed
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By Bayo WahabThe presidential candidate of the Social Democratic Party (SDP), Adewole Adebayo, has rejected Datti Baba-Ahmed’s assessment that none of the leading candidates for the 2027 presidential election has the capacity to turn Nigeria around.Adebayo said Baba-Ahmed’s conclusion could only be based on his personal experiences with politicians he had worked with and should not be extended to candidates with whom he had no direct dealings.He stated this during an interview on Ar -
2027: INEC threatens ₦10m fine, 12-month jail term for abusive campaign
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.Urges Media to call out erring politiciansBy Omeiza AjayiABUJA: Ahead of the 2027 general election, the Independent National Electoral Commission, INEC has warned that politicians and political parties who employ abusive, intemperate or inflammatory languages in their campaigns risk heavy financial penalties and possible imprisonment under the Electoral Act 2026, as the country grapples with a fresh wave of threats by political office holders against dissenting voters.Chief Press Secretary/Med -
Nigerians better off under military rule – Donald Duke
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Nigerians better off under military rule – Donald DukeFormer Cross River State governor and presidential candidate of Peoples Redemption Party, Donald Duke, has declared that Nigerians were better off under military rule.
He argued that 27 years of civilian government had imposed enormous costs without delivering corresponding improvements in the lives of the people.
“The people were better off under the military. At least governance was not that expensive,” Duke said in an in -
Adeyanju hails EFCC’s achievements, urges probe of increased state revenues
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Human rights lawyer, Deji Adeyanju, has commended the Economic and Financial Crimes Commission, EFCC, for its achievements under the leadership of its Chairman, Ola Olukoyede, urging the agency to pay closer attention to the use of increased revenues accruing to state governments.Adeyanju said the fight against corruption must extend beyond recovering stolen funds to preventing the diversion of future public resources, particularly following the removal of the petrol subsidy and the resulting i -
How we were tear-gassed, Lagos Pensioners
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By Victor Ahiuma-YoungLagos State pensioners under the umbrella of the Nigeria Union of Pensioners, NUP, have narrated how their peaceful protest at the Lagos State Secretariat on August 31, 2026, was allegedly disrupted when a police officer tear-gassed them.The pensioners had embarked on the protest following what they described as the Lagos State Government’s failure to respond to a 19-day ultimatum issued by the union on August 1 over their demands. According to the pensioners, the ul -
NOUN bursar shot dead in Zamfara
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By Joseph Erunke, AbujaThe National Open University of Nigeria, NOUN, has announced the death of its Bursar, Mallam Nasiru Marafa, who was reportedly shot dead while returning from Gusau, Zamfara State.The university announced Marafa’s death in a statement on Sunday, describing it as a “sudden and untimely” loss of a senior administrator who had served the institution in various capacities.However, the university did not disclose the exact location of the attack or details sur -
Oye to Tinubu: Economic growth must tackle hunger, joblessness
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THE Chairman of the Alliance for Economic Research and Ethics LTD/GTE, Dele Oye, has said reforms by the Bola Tinubu-led administration over the past three years have improved the country’s macroeconomic stability and resilience.He, however, urged the government to take further steps to turn these recent macroeconomic gains into lower food prices, productive jobs and improved living standards for Nigerians.Oye in a statement, titled “The Economy Is Stabilising. Now Let the People Fe -
Businesses suffer as FG’s domestic borrowings surge 90% to N24.7trn
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By Babajide KomolafeThe federal government increased its borrowing from domestic investors by 90.5 per cent, year-on-year (YoY), to N24.7 trillion in the eight months to August 2026, against N12.98 trillion in the corresponding period of 2025 (8M’25).
Financial Vanguard findings from the government’s various public finance data also showed that credit to government grew more than four times faster than credit to the private sector during the same period. The data are generated from
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