News

Trump Draws Red Line In Hormuz, Threatens To Bomb Iranian Bridge, Power Plant For Every Ship Targeted

Trump issues stark ultimatum to Tehran, warning the U.S. will bomb one Iranian bridge or power plant every time Iran attacks a commercial ship transiting the Strait of Hormuz. Fresh American airstrikes hit targets across Iran as Tehran...

FG Cuts Textbook Assessment, Ranking Fees Ahead of New National School Policy

Federal Government reduces textbook assessment fee from ₦2,000 to ₦1,500 per page, providing financial relief for publishers and authors preparing for the new national evaluation regime. Ranking fee slashed by 25 per cent, from ₦1 million to ₦750,000...

Troops Eliminate Boko Haram Media Operative as Terror Group Mourns Propagandist in Obituary Video

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Boko Haram releases a rare obituary video confirming the death of its media operative, Abu Salim al-Barnawi, following his elimination by Nigerian troops in Borno State. The slain insurgent, described by the military as the terrorist group's cameraman...

Navy Busts Major Crude Oil Theft Ring, Destroys Nine Illegal Refineries, Recovers 104,000 Litres of Stolen Crude in Rivers

Nigerian Navy dismantles major illegal refining network in Bonny, destroying nine illegal refineries linked to crude oil theft syndicates.  Troops recover about 104,000 litres of suspected stolen crude oil from 18 dugout pits and neutralise five newly excavated...

Alleged Coup Plot: Trial of Five Accused of Concealing Fugitive Ex-Governor Timipre Sylva Stalled as Court Adjourns to October

The Federal High Court in Abuja has adjourned until October 5 the trial of five men accused of concealing the whereabouts of former Bayelsa State Governor, Timipre Sylva, after proceedings could not commence because the court did not...

Nigeria’s External Reserves Exceed $52bn, Beating CBN’s 2026 Forecast

Nigeria's external reserves rose to $52.02bn on July 20, marking their highest level since January 2009 and exceeding the Central Bank of Nigeria's projected reserve target for the end of 2026. The country's reserves have expanded by about...

5 Big Market Stories You Need to Know This Week

CBN Holds at 26.5%, rates remain unchanged as food inflation hits 17.52%. Banking index jumps 9.30%, led by First HoldCo’s 38.7% surge. BUA Cement drops 9.99%, dragging down industrial stocks. Wall Street gains on trading; consumer credit reports...

New York Mayor Backs Down on Netanyahu Arrest Pledge, Admits City Lacks Legal Authority

New York City Mayor Zohran Mamdani concedes that his administration has no legal authority to execute the International Criminal Court's arrest warrant against Israeli Prime Minister Benjamin Netanyahu despite previously vowing to do so. The mayor renews allegations...

How to Apply for FG’s Loan for Laptops, Smartphones, Others

The Federal Government launched the C.L.I.C.K.D. programme (Credit for Laptops, Internet, Connectivity and Knowledge Digital Devices Programme) to give Nigerians credit-based access to work tools. Unveiled in Abuja by Communications Minister Dr. Bosun Tijani alongside CREDICORP Managing Director...

NNPCL Faces Scrutiny Over N7.13tn Energy Security Spending

NNPCL's audited 2024 financial statements have sparked fresh scrutiny after revealing N7.13tn in energy security spending. The ADC and former Vice President Atiku Abubakar have questioned the spending, arguing that the figures raise fresh concerns over transparency. Energy...
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UEFA Refuses To End FIFA World Cup Boycott Despite Infantino’s U-Turn

UEFA has confirmed it will continue its boycott of FIFA's men's and women's World Cups despite Gianni Infantino...
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