• Stakeholders differ on CBN’s withdrawal from manufacturers’ intervention fund

    Stakeholders differ on CBN’s withdrawal from manufacturers’ intervention fund
    By Yinka KolawoleIndustry stakeholders have expressed divergent views on the Central Bank of Nigeria’s (CBN) withdrawal from direct intervention financing of the manufacturing sector.Director General of Lagos Chamber of Commerce and Industry (LCCI), Dr. Chinyere Almona, said CBN’s exit has left manufacturers heavily dependent on commercial banks that are not structured to provide long-term industrial financing.According to her, withdrawing intervention financing without a
  • Nigeria’s external reserves hits $52.73b – CBN

    Nigeria’s external reserves hits $52.73b – CBN
    By Henry UmoruThe Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, told the Senate that the country’s external reserves stood at $52.73 billion on July 9, 2026, compared with $48.88 billion recorded in January.
    Speaking on Wednesday in Abuja while appearing before the Senate Committee on Banking, Insurance and Other Financial Institutions, chaired by Senator Adetokunbo Abiru (APC, Lagos East), Cardoso said the 7.9 per cent increase in Nigeria’s external reserves refle
  • ‘Swear you’ll never cheat or forget Canada visa’ – Nigerian woman tells husband

    ‘Swear you’ll never cheat or forget Canada visa’ – Nigerian woman tells husband
    A Nigerian woman living in Canada, Ezinne Nwanorue has stirred reactions online after revealing the unusual condition she gave her husband before agreeing to sponsor his relocation to the North American country.Ezinne, who describes herself as “a prophetic intercessor, certified marriage counsellor, wife and mum of three boys,” said her husband must publicly swear never to be unfaithful to her if he joins her in Canada.According to Ezinne, she believes the instruction came from God
  • ₦480bn Meth factory trial: Court inspects Ogun drug lab, adjourns hearing to July 24

    ₦480bn Meth factory trial: Court inspects Ogun drug lab, adjourns hearing to July 24
    By Evelyn UsmanThe trial of 10 defendants in the alleged ₦480 billion clandestine methamphetamine factory case resumed yesterday, with the Federal High Court conducting a locus in quo at the suspected illicit drug laboratory in LOgun State.
    The inspection, led by Justice Musa Kakaki, took the court, prosecution and defence teams round the sprawling industrial facility where the National Drug Law Enforcement Agency, NDLEA, alleged methamphetamine was produced for distribution outside Niger
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  • How Arokodare disrupted Wolves training to force move to Fiorentina

    How Arokodare disrupted Wolves training to force move to Fiorentina
    Nigeria international Tolu Arokodare reportedly brought a Wolverhampton Wanderers training session to an abrupt end after refusing to leave the pitch while demanding a transfer to Italian side Fiorentina.According to the BBC, the 25-year-old striker staged the protest during Monday’s training session by sitting on the pitch and insisting the Championship club allow him to complete a move to the Serie A outfit.His actions prompted newly appointed Wolves manager Cesar Peixoto to cancel the
  • Nigerian man indicted in US over alleged $300,000 romance fraud scheme

    Nigerian man indicted in US over alleged $300,000 romance fraud scheme
    A 45-year-old Nigerian, Okeoghene Patrick Udugba, residing in Frisco, Texas, has been indicted by a US federal grand jury over his alleged involvement in a romance scam and business email compromise scheme that prosecutors say defrauded a US government agency of more than $300,000.The indictment, announced by the United States Attorney’s Office for the Middle District of Pennsylvania, charges Udugba with money laundering and conspiracy to commit wire fraud and mail fraud.According to US A
  • Dangote Refinery resumes petrol loading in naira at N1,215/litre

    Dangote Refinery resumes petrol loading in naira at N1,215/litre
    …As depots, filling stations adjust pricesBy Udeme Akpan, Energy EditorDangote Petroleum Refinery has resumed gantry loading of Premium Motor Spirit (PMS), also known as petrol, in naira after a week-long suspension, ending uncertainty in the downstream sector over its temporary shift to dollar-denominated sales.Checks by Vanguard showed that the refinery has fixed its new ex-depot (gantry) price at N1,215 per litre, representing an increase of N140 per litre, or 13.02 per cent, from the
  • Oyo Abductions: Stakeholders reject ethnic profiling, seek unity against insecurity

    Oyo Abductions: Stakeholders reject ethnic profiling, seek unity against insecurity
    By Adeola BadruStakeholders in Oyo State have called for stronger collaboration among security agencies, traditional institutions, farmers, herders and local communities to tackle kidnapping and other security challenges across Nigeria.They also warned against the ethnic profiling of Fulani people over criminal activities committed by individuals, stressing the need to distinguish between law-abiding citizens and criminals.The stakeholders made the call at a high-level security meeting held in
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  • Mali, Niger and Burkina Faso bid to host AFCON 2032

    Mali, Niger and Burkina Faso bid to host AFCON 2032
    Mali, Niger and Burkina Faso — three countries led by military governments — are bidding to jointly host the 2032 Africa Cup of Nations.The Malian Football Federation said in a statement that officials met with Confederation of African Football (CAF) president Patrice Motsepe on Saturday in New York “with a view to a joint bid to host the 2032 Africa Cup of Nations”.The three neighbours and allies within the Alliance of Sahel States (AES) are led by post-coup juntas and
  • Cape Verde’s Vozinha makes list as FIFA unveils World Cup 2026 Best XI

    Cape Verde’s Vozinha makes list as FIFA unveils World Cup 2026 Best XI
    FIFA has unveiled its official 2026 FIFA World Cup Team of the Tournament, with newly crowned champions Spain providing the highest number of players in the star-studded XI.The team, arranged in a 4-3-3 formation, recognises the standout performers from the tournament staged across Canada, Mexico and the United States, featuring players from seven different countries.Spain, who lifted the World Cup trophy after defeating Argentina in the final, have three representatives in the squad. Full-back
  • NAFDAC begins nationwide seizure of sachet alcohol

    NAFDAC begins nationwide seizure of sachet alcohol
    By Chioma Obinna
    The National Agency for Food and Drug Administration and Control, NAFDAC, on Wednesday launched a nationwide enforcement operation to remove all alcoholic beverages packaged in sachets and polyethylene terephthalate, PET, bottles below 200 millilitres from circulation, marking the full implementation of the Federal Government’s ban on the products.
    The sweeping crackdown, which is taking place simultaneously across the six geopolitical zones, follows the closure of manufa
  • Inter Miami signs Brazil veteran Casemiro

    Inter Miami signs Brazil veteran Casemiro
    Inter Miami on Wednesday announced the signing of Brazil star Casemiro but Major League Soccer immediately said it was investigating allegations of tampering by the club over the deal.Casemiro, who has 91 caps for Brazil and won five Champions League titles with Real Madrid, was a free agent after Manchester United opted not to renew his contract following a mixed four-year stint at the Premier League giants.The veteran 34-year-old midfielder opted to join Lionel Messi and Rodrigo De Paul at In
  • ASUU suspends 52-day MOAUM strike after pact with Benue govt, management

    ASUU suspends 52-day MOAUM strike after pact with Benue govt, management
    By Peter Duru, MakurdiThe Academic Staff Union of Universities (ASUU), Moses Orshio Adasu University, Makurdi (MOAUM) branch, has suspended its 52-day industrial action following the signing of a Memorandum of Understanding (MoU) with the Benue State Government and the university management.The lecturers commenced the strike on June 1, 2026, over the non-payment of outstanding entitlements, promotion arrears and other welfare-related concerns.In a statement on Wednesday, Chairman of ASUU-MOAUM,
  • Kogi East leaders applaud Tinubu, Ododo over infrastructure projects

    Kogi East leaders applaud Tinubu, Ododo over infrastructure projects
    By Soni DanielLokoja — Political and community leaders in Kogi East Senatorial District have expressed appreciation to President Bola Tinubu and Kogi State Governor, Usman Ododo, for what they described as significant socio-economic and infrastructural development across the zone.The commendation came as the Renewed Hope Ambassadors and the Presidential Communications Team continued their inspection of legacy projects executed by the Federal and Kogi State governments.Leading the commenda
  • Court rule on NDLEA application to destroy seized methamphetamine laboratory Friday

    Court rule on NDLEA application to destroy seized methamphetamine laboratory Friday
    By Innocent AnabaJustice Musa Kakaki of a Federal High Court in Lagos will on Friday, rule on an application by the National Drug Law Enforcement Agency, NDLEA, seeking leave to destroy a clandestine Nigerian-Mexican methamphetamine production laboratory uncovered in a remote forest in Ijebu East Local Government Area of Ogun State.
    The judge fixed the date after a special court sitting held inside the illicit laboratory at Mowe village, where operatives discovered facilities allegedly used to
  • A’Court affirms forfeiture of General Atewe’s assets to FG, dismisses appeal

    A’Court affirms forfeiture of General Atewe’s assets to FG, dismisses appeal
    By Innocent AnabaThe Court of Appeal sitting in Lagos Division, Wednesday, affirmed the judgment of a Federal High Court in Lagos ordering the final forfeiture of multiple assets linked to retired Major General Emmanuel Atewe (retd) to the Federal Government, holding that his appeal lacked merit.
    In a unanimous judgment delivered virtually via Zoom, the appellate court, presided over by Justice Boloukuromo Ugo, resolved all three issues raised in the appeal in favour of the Economic and Financi
  • Nasarawa sacks six commissioners in cabinet reshuffle

    Nasarawa sacks six commissioners in cabinet reshuffle
    By Edwin Philip, LafiaThe Nasarawa State Government has announced a minor cabinet reshuffle involving six commissioners as part of efforts to reposition the administration for the successful completion of its remaining mandates.The Secretary to the State Government (SSG), Labaran Shuaibu Magaji, SAN, disclosed this on Wednesday while briefing journalists at the end of the State Executive Council meeting.Magaji said the adjustment was aimed at strengthening the government’s structure, intr
  • SDP warns INEC, judiciary against ‘Backdoor’ attempts to hijack party structure

    SDP warns INEC, judiciary against ‘Backdoor’ attempts to hijack party structure
    By Henry UmoruABUJA — The National Working Committee (NWC) of the Social Democratic Party (SDP) has urged the Independent National Electoral Commission (INEC) and the judiciary to remain vigilant against what it described as attempts by some individuals to manipulate the electoral process through “backdoor” means.The party made the call on Wednesday in Abuja while presenting the Certified True Copy (CTC) of a Federal High Court judgment which it said affirmed Salawu-Adeniyi Mu
  • Canada unveils 6 conditions Nigerians, other foreigners must meet to get a visa

    Canada unveils 6 conditions Nigerians, other foreigners must meet to get a visa
    The Canada government has outlined six key requirements that foreign nationals must meet to be eligible for a visitor visa, stressing that applicants must convince immigration officers they intend to leave the country at the end of their stay.According to Canada’s immigration guidelines, prospective visitors must first possess a valid travel document, such as a passport, before applying for a temporary resident visa.Applicants are also required to be in good health and have no criminal or
  • FG launches N500bn youth credit scheme, offers entrepreneurs up to N2m without collateral

    FG launches N500bn youth credit scheme, offers entrepreneurs up to N2m without collateral
    By Joseph Erunke, AbujaThe Federal Government on Wednesday launched the third phase of its YouthCred initiative, targeting 500,000 young entrepreneurs with access to loans ranging from N200,000 to N2 million without collateral.The programme, launched by the Nigerian Consumer Credit Corporation (CREDICORP) in partnership with the Federal Ministry of Finance, is designed to expand access to affordable credit by moving away from traditional collateral-based lending to a system built around respons
  • NNPP won’t repeat Kwankwaso mistake in 2027 presidential choice — Aniebonam

    NNPP won’t repeat Kwankwaso mistake in 2027 presidential choice — Aniebonam
    By Juliet UmehThe Founder and Chairman of the Board of Trustees of the New Nigeria Peoples Party (NNPP), Dr. Boniface Aniebonam, has said the party will not repeat what he described as the mistake of handing an automatic presidential ticket to its 2023 candidate, Senator Rabiu Kwankwaso.Aniebonam, in a statement issued in Lagos on Wednesday, said the party’s presidential candidate for the 2027 general election would emerge through a rigorous screening process designed to assess competence
  • Nigeria leads Africa in online gambling regulation as illegal market hits $17.8bn

    Nigeria leads Africa in online gambling regulation as illegal market hits $17.8bn
    By Yinka KolawoleNigeria has emerged as one of Africa’s most regulated online gambling markets, even as illegal operators continue to dominate the continent’s fast-growing betting industry, according to a new report by Gaming Compliance International (GCI).The report, described as the first comprehensive assessment of online gambling across all 54 African countries, revealed that the continent’s online gambling Gross Gaming Revenue (GGR) reached $23 billion in 2025.However, on
  • Court stops EFCC probe of Oyo finances, says investigation speculative

    Court stops EFCC probe of Oyo finances, says investigation speculative
    By Adeola BadruIBADAN — A Federal High Court sitting in Ibadan has restrained the Economic and Financial Crimes Commission (EFCC) from proceeding with its proposed investigation into the finances of the Oyo State Government, describing the exercise as speculative and a fishing expedition.In a judgment delivered on Wednesday in suit FHC/IB/CS/61/2025, Justice Nkeonye Maha held that although the EFCC has statutory powers to investigate financial crimes and related offences, such powers must
  • Obasanjo urges Ibru Family to preserve unity, legacy at book launch

    Obasanjo urges Ibru Family to preserve unity, legacy at book launch
    By Cynthia AloFormer President Olusegun Obasanjo has urged the Ibru family to remain united and preserve the values that shaped one of Nigeria’s foremost indigenous business dynasties, stressing that unity, discipline and communal spirit were the enduring lessons from the life of the late Michael Ibru.Obasanjo spoke on Wednesday as Chairman of the occasion at the unveiling and launch of “The Ibru Story”, authored by veteran journalist Mike Awoyinfa, in Lagos.The former preside
  • French modelling scout with links to Epstein found dead

    French modelling scout with links to Epstein found dead
    A French modelling scout with close ties to convicted US sex offender Jeffrey Epstein has been found dead at his home outside Paris, prosecutors and his lawyer said on Wednesday.Under investigation in France, Daniel Siad, 69, was one of several French men accused of aiding the US financier to traffic and abuse women.Siad had not yet been questioned by investigators, but had denied the allegations.“An investigation to determine the cause of death was opened on Monday evening following the d
  • Senate steps down Nigeria coast guard bill report over possible clash with navy

    Senate steps down Nigeria coast guard bill report over possible clash with navy
    By Henry UmoruABUJA — The Senate on Wednesday stepped down the consideration of a report on a bill seeking to establish the Nigeria Coast Guard, citing concerns over possible duplication of roles and conflict with the Nigerian Navy and other existing security agencies.The report on the Nigeria Coast Guard (Establishment) Bill, 2026 (SB. 575) was presented by the Chairman of the Senate Committee on Marine Transport, Senator Sanni Wasiu Eshilokun (APC, Lagos Central), but President of the S
  • Shettima: Nigeria’s digital transformation under Tinubu unrivaled

    Shettima: Nigeria’s digital transformation under Tinubu unrivaled
    —Applauds ongoing reforms by NIMC managementBy Johnbosco AgbakwuruABUJA—THE Vice President, Senator Kashim Shettima,on Wednesday, applauded the ongoing transformation of Nigeria’s digital identity ecosystem under the administration of President Bola Tinubu, describing the process as unrivaled.He attributed the development to the administration’s reforms being undertaken by the current management of the National Identity Management Commission (NIMC), particularly with the
  • Police arraign man over alleged N9m fraud in Ekiti

    Police arraign man over alleged N9m fraud in Ekiti
    By Rotimi Ojomoyela The Ekiti State Police Command has arraigned a 45-year-old man, Tope Oladipo, before an Ado-Ekiti Magistrate’s Court over an alleged N9 million fraud involving the purported sale of a vehicle.Oladipo was brought before the court on a three-count charge bordering on conspiracy, obtaining money by false pretence and fraudulent conversion; all allegations he pleaded not guilty to.The Prosecutor, Inspector Elijah Adejare, told the court that the defendant allegedly co
  • Senate laments non-implementation of resolutions by MDAs, threatens budgetary sanctions

    Senate laments non-implementation of resolutions by MDAs, threatens budgetary sanctions
    Agencies accused of ignoring oversight, compliance requestsBy Henry UmoruABUJA — The Senate has expressed concern over the failure of Ministries, Departments and Agencies (MDAs) to implement its resolutions, warning that defaulting agencies could face budgetary and other sanctions.The upper chamber said many MDAs routinely ignore its resolutions and fail to respond to requests for compliance updates, describing the trend as a disregard for the Senate’s oversight authority.The positi
  • South-east governors will support Tinubu’s re-election in 2027 – Uzodimma

    South-east governors will support Tinubu’s re-election in 2027 – Uzodimma
    Imo State Governor and Chairman of the South-East Governors’ Forum, Senator Hope Uzodimma, has said the governors of the five South-East states have resolved to support President Bola Tinubu’s re-election in 2027, citing what he described as the administration’s developmental interventions in the region.Uzodimma made the remark in Owerri during a meeting with traditional rulers and members of the Imo State Elders Council.According to him, although the governors belong to diffe

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