News

Andy Burnham officially became the United Kingdom's Prime Minister after King Charles III invited him to form a government, completing Britain's constitutional transfer of power following Sir Keir Starmer's resignation. Buckingham Palace confirmed the leadership transition after *Starmer...

Ex-NACCIMA boss Dele Oye warns that government agency proliferation is crippling business growth and stalling investment. Over 900 federal MDAs are actively competing to inspect, fine, and license local products under overlapping mandates. Revenue agencies extracted N658 billion...

Four FCT police officers have been arrested and detained after allegedly extorting ₦53,000 from ICPC Chairman, Dr. Musa Aliyu (SAN), at an illegal roadblock mounted around the Banex axis of Abuja. The officers allegedly abandoned their official duty...

Lionel Scaloni broke down in tears after Argentina's 1-0 extra-time defeat to Spain in the 2026 FIFA World Cup final. The Argentina coach admitted he is uncertain about his future despite being under contract until December. Scaloni said...

The Federal High Court in Abuja has admitted Bello Bodejo to ₦2 billion bail, ruling that the alleged money laundering offences brought against him by the EFCC are bailable under Nigerian law despite the prosecution's opposition. Justice Inyang...

Nigerian crude grades strengthened after renewed US-Iran hostilities heightened fears of supply disruptions through the Strait of Hormuz, a vital global oil shipping route. European refiners are paying stronger premiums for Nigerian crude as Atlantic Basin supplies offer...

A Federal High Court in Abuja arraigned former Warri Refinery Managing Director, Jimoh Yisawu, on an eight-count charge of alleged money laundering before granting him ₦500 million bail. The EFCC accused Yisawu of illegally converting and making cash...

Troops of Operation HADIN KAI arrested a 32-year-old Sudanese national suspected of being a foreign terrorist fighter and collaborator during an intelligence-driven counter-terrorism operation in Askira/Uba Local Government Area of Borno State. Soldiers also apprehended a 36-year-old woman...

First HoldCo has recorded one of the strongest rallies on the Nigerian Exchange this year, surging 46 percent in four consecutive trading sessions before extending its gains to ₦105.50 per share. The remarkable rally has been fuelled by...

PFIPC suspect claims he personally lobbied senior Budget Office officials to secure the inclusion of the controversial agency in the Federal Government's budget, insisting the process began months before his arrest. Adeniyi denies paying bribes to public officials,...