News

Nigeria's foreign reserves declined by $114 million within seven days after reaching a recent peak of $52.04 billion, according to the Central Bank of Nigeria. Despite the decline, the country's external reserves remain about $463 million higher than...

NUJ Akwa Ibom adopts sweeping reforms to strengthen professionalism and ethical journalism. Union to establish a Media Ombudsman, expand training and pursue housing schemes for journalists. Council says it spent over ₦8 million on members' welfare in one...

The Federal Government destroyed 2,809 illicit, decommissioned and unserviceable small arms and light weapons recovered by security and law enforcement agencies during a public destruction exercise in Abuja. National Security Adviser Mallam Nuhu Ribadu declared that every illegal...

INEC has reaffirmed that the Nigeria Police Force remains the constitutionally recognised lead agency for election security, insisting that military deployment during elections must only occur under exceptional circumstances and strictly within the limits of the law. The...

Osun Attorney-General Oluwole Jimi-Bada, SAN, says Secretary to the State Government, Teslim Igbalaiye, voluntarily reported to the police and should not have been detained without credible evidence. Justice Commissioner argues that possession of Permanent Voter Cards (PVCs) and...

  Hamas says it has agreed to a US-backed plan for the complete disarmament of armed groups in Gaza, according to a senior official. Donald Trump said the deal would pave the way for Israel's phased withdrawal and the...

Tinubu tells governors to abandon unnecessary flyovers and channel increased federal allocations into strategic road networks that improve economic activities, rural connectivity, and security operations. President reveals kidnappers of the Oriire schoolchildren demanded ransom and the release of...

The NGX extended its bearish run as investors lost about ₦1.01 trillion in two consecutive sessions, with Thursday’s decline wiping ₦1.005 trillion off market capitalisation. Market sentiment remained weak as decliners outnumbered gainers 44 to 18, reflecting sustained...

Seplat Energy grew half-year profit by more than 430% to N225.5 billion as stronger oil prices and lower operating costs boosted earnings. The company declared a five-cent interim dividend and a seven-cent special dividend, while projecting total shareholder...

NMDPRA launches fresh push for a transparent West African fuel price benchmark, arguing that Africa must end its dependence on petroleum price references set outside the continent. Nigeria says growing refining capacity across West Africa has created the...