Lagos 2027: Obasa hosts Hamzat, Promises Support for Governorship Bid

The Speaker of the Lagos State House of Assembly, Rt. Hon. (Dr.) Mudashiru Ajayi Obasa, on Thursday, played host to Deputy Governor Dr. Obafemi Hamzat at his official residence in GRA, Ikeja, promising to galvanise his expansive political structure to ensure Hamzat’s victory at the forthcoming governorship election. Dr Hamzat is the presumptive APC candidate […]

Lagos 2027: Obasa hosts Hamzat, Promises Support for Governorship Bid Read More »

Six-Match Ban for Prestianni After Champions League Incident

Europe (UEFA Competitions) UEFA has handed a six-match ban to Benfica winger Gianluca Prestianni after finding him guilty of abusive conduct towards Real Madrid star Vinícius Júnior during a Champions League playoff match on February 17, 2026. The incident happened during a tense European clash, where play was stopped for about 10 minutes after Vinícius

Six-Match Ban for Prestianni After Champions League Incident Read More »

Abuja Arrest: Ex-Bank Chief Under Investigation for N36bn Fraud

Abuja, Nigeria The Economic and Financial Crimes Commission (EFCC) has arrested businessman and former chairman of the defunct Skye Bank Plc, Tunde Ayeni, over alleged financial misconduct involving N36.5 billion and $30 million. He was reportedly arrested in Abuja on Thursday and is currently in EFCC custody as investigations continue. According to a report by

Abuja Arrest: Ex-Bank Chief Under Investigation for N36bn Fraud Read More »

Military Hits ISWAP Logistics, But Base Assaults Underscore Ongoing Threat

Maiduguri — The Nigerian military says it has neutralised more than 30 fighters of the Islamic State West Africa Province in precision airstrikes carried out under Operation HADIN KAI in Borno State. The strikes, conducted on April 22 in the Lake Chad region, followed intelligence indicating active insurgent movement along waterways near Kaniram Island. Military

Military Hits ISWAP Logistics, But Base Assaults Underscore Ongoing Threat Read More »

Supreme Court Emerges as Decisive Arena for Opposition Ahead of 2027 Primaries.

Abuja — Nigeria’s Supreme Court of Nigeria has become the focal point of opposition politics ahead of the 2027 general elections, after reserving judgment in key intra-party disputes without setting a date for ruling. The appeals — involving a faction of the African Democratic Congress (ADC) linked to David Mark, and the National Executive Committee

Supreme Court Emerges as Decisive Arena for Opposition Ahead of 2027 Primaries. Read More »

Community-Led Development: FG Targets 8,804 Wards With New Social Fund

Abuja, Nigeria President Bola Tinubu has approved the creation of a Community-Based National Social Action Fund Task Force aimed at driving development from the grassroots and improving socio-economic conditions across Nigeria’s 8,804 wards. The approval was disclosed on Wednesday night in Abuja by Mr Ado Bako, Assistant Director of Information and Public Relations at the

Community-Led Development: FG Targets 8,804 Wards With New Social Fund Read More »

Confusion in ADC as South-West Leaders Decry Poor Convention Performance

ADC Crisis Worsens Ahead of 2027 as South-West Expresses Discontent “We Need Clarity” — ADC South-West Questions Aregbesola’s Role ABUJA The internal crisis in the African Democratic Congress (ADC) has deepened after the party’s South-West caucus accused the National Secretary, Rauf Aregbesola, of actions they say are affecting coordination, unity, and growth of the party

Confusion in ADC as South-West Leaders Decry Poor Convention Performance Read More »

Foreign capital rises, but outflows remain strong on Nigerian Exchange

Lagos, Nigeria Foreign investment activity on the Nigerian Exchange Limited (NGX) recorded a strong but mixed performance in the first quarter of 2026, as foreign inflows rose sharply while outflows also increased. Data from the NGX shows that foreign inflows jumped by 78 per cent to N393.68 billion in Q1 2026, compared to N221.62 billion

Foreign capital rises, but outflows remain strong on Nigerian Exchange Read More »

Exchange Rate Gap Widens as Dollar Demand Surges in Nigeria

Lagos The Nigerian Naira recorded a mild decline against the US Dollar in early trading on Thursday, April 23, 2026, across both the official and parallel foreign exchange markets. The movement comes as mid-week demand for the Dollar continues to shape market activity, with analysts closely monitoring stability in the days ahead. At the official

Exchange Rate Gap Widens as Dollar Demand Surges in Nigeria Read More »

Scroll to Top