Business

Former governor Sule Lamido of Jigawa State and the Economic and Financial Crimes Commission (EFCC), on Tuesday, disagreed over the subpoenaed witness brought to court by the commission. The development occurred before Justice Ijeoma Ojukwu of the Federal High Court sitting in Abuja shortly after the trial resumed. The EFCC is prosecuting Lamido for alleged money laundering in the wake …

The Central Bank of Nigeria (CBN) has announced the transfer of its Deputy Governors, and the four officials will resume their new posts from 1 June 2026. The apex bank announced this in an update on its official website, indicating new responsibilities as the institution continues to oversee monetary policy, financial sector regulation and other important functions in the country’s …

Lawyers in the Nsukka judicial axis of Enugu State staged coordinated protests on Tuesday, threatening to disrupt the operations of courts over what they described as the persistent reliance on virtual proceedings by judges sitting in the area. The protesters, hailing from five judicial divisions – Nsukka, Obollo-Afor, Enugu-Ezike, Ogbede and Umulokpa – said the settlement, introduced years ago due …

Recently, the Presidential Media Team and the Renewed Hope Ambassadors took some journalists to inspect the existing Sokoto – Badagry highway. The team expressed satisfaction with the level and quality of work carried out so far on the 1,068km road which connects several cities and communities in the north and south of the country. Enormous economic opportunities will open up …

The Christian Association of Nigeria (CAN) has declared a three-day period of national mourning from June 12 to 14 to honor the victims of violent attacks, mass kidnappings and banditry across the country. ​The apex Christian body has also designated June 14 as “Black Sunday” across all Churches in a sign of solidarity with families affected by the persistent security …

Investors in the Nigerian equity market lost another N478 billion at the close of trading on Tuesday to continue their bearish sentiment. This follows the fall in stock prices, including PZ, CWG and ABC Trans, on the stock exchange floor. The benchmark All-Share Index (ASI) fell to 246,686.66 points from 247,560.66 points the previous day. After five hours of trading …

Former Jigawa State governor, Sule Lamido, and the Economic and Financial Crimes Commission on Tuesday disagreed on the competency of a subpoenaed witness presented in his ongoing trial over alleged money laundering charges of N1.35 billion. The disagreement occurred before Justice Ijeoma Ojukwu of the Federal High Court, Abuja, during the continuation of proceedings in the long-running case in which …

By Ayo Kehinde Prices of major staple foods fell significantly in April 2026, offering consumers some relief from persistent cost of living pressures as food inflation continued to moderate across Nigeria. Data from the Bureau of National Statistics (NBS) showed that the average sold price of white garri fell by 39.86% year-on-year, while brown beans saw an even steeper decline …

The Chairman of the Presidential Fiscal Policy and Tax Reforms, Mr Taiwo Oyedele, on Tuesday disclosed that the administration of President Bola Tinubu was working to reduce taxes from the current 62 to a maximum of nine, to create a more business-friendly environment in the country. Oyedele, disclosed this at the 2023 annual conference of Institute of Chartered Accountants of …

Lynn Austin, American author of numerous Christian fiction novels and winner of numerous awards, once said: “Bitterness is like a weed. Remember how difficult it always was to pull out thistles once they took root? Remember how deep those roots grow, and how if you pulled off the end, the plant would grow right back? You have to dig deep. …