Abuja, Nigeria The Nigerian Senate has begun work on a new law that will regulate cryptocurrency and other digital asset businesses in the country. On Wednesday, June 10, 2026, senators passed the proposed Digital Assets Bill for second reading, moving it to the next stage of the lawmaking process. If eventually approved, the law will […]
Senate Moves to Put Crypto Business Under Government Rules Read More »
Abuja, Nigeria President Bola Ahmed Tinubu has approved the release of N10 billion to help Nigeria prepare against any possible Ebola outbreak, following fresh cases of the deadly disease reported in some African countries. The approval was announced on Wednesday, June 10, 2026, alongside the creation of a Presidential Task Force on Ebola Preparedness and
Abuja, Nigeria The Nigerian Senate is considering a proposal that could change how long presidents and state governors stay in office. Under the new proposal, presidents and governors would serve only one term of six years instead of the current arrangement where they can serve two terms of four years each, making a maximum of
New Bill Could Limit Presidents, Governors to One Six-Year Term Read More »
Lagos, Nigeria FCMB Group has reported a strong financial performance, recording a profit before tax of N86.99 billion in the first three months of 2026. This is a major increase from the N35.02 billion it made during the same period in 2025. The bank’s profit after tax also rose sharply to N76.53 billion, up from
FCMB Makes N86.99bn Profit, Shareholders Await Final Dividend Approval Read More »
Abuja, Nigeria The Nigerian Association of Resident Doctors (NARD) has given the Federal Government a 21-day ultimatum starting from June 6, 2026, to take concrete steps to protect doctors and other healthcare workers from increasing attacks, harassment, and violence in hospitals across the country. If the government fails to act, the doctors say they may
Protect Doctors Now or Face Nationwide Strike, NARD Tells FG Read More »
Ibadan, Oyo State The Oyo State Police Command has stepped up security across the state, launching raids, stop-and-search operations, and intelligence-based patrols aimed at tackling crime and improving public safety. The move comes as many residents remain worried about security following the recent abduction of pupils and teachers in Oriire Local Government Area and reports
Oyo Police Begin Massive Security Operations as Fear Grows Over Crime Read More »
Abuja, Nigeria The United Nations (UN) says many of the weapons stolen during Libya’s civil war in 2011 have ended up in the hands of terrorist groups and other armed criminals operating in Nigeria and other African countries. The warning was given by the UN’s top disarmament official, Izumi Nakamitsu, during a meeting at the
Illegal Arms from Libya Conflict Continue to Threaten Nigeria’s Security Read More »
Abuja, Nigeria The Nigerian Electricity Regulatory Commission (NERC) has introduced new rules that will allow some Nigerians and organisations using solar power to sell their excess electricity to electricity distribution companies (DisCos). The new policy, known as the Net Billing Regulations 2026, is aimed at encouraging more investment in solar energy while helping to improve
New NERC Rules Turn Solar Users into Power Suppliers Read More »
ABUJA, NIGERIA Nigeria attracted more foreign money in the first three months of 2026, but most of that money went into short-term investments rather than businesses, factories, or major projects that can create jobs. New figures released by the National Bureau of Statistics (NBS) show that Foreign Direct Investment (FDI) — the type of investment
Foreign Cash Pours In as Direct Investment Crashes Read More »
Akure, Ondo State Governors in Nigeria’s South-West region have stepped up efforts to tackle kidnapping, banditry and other security threats, with Ondo State Governor, Lucky Aiyedatiwa, saying the states are working closely together to keep residents safe. The governor spoke at a time when many people across the region are worried about rising cases of
