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Here are the top stories from around the country today. 1. The court handed down life sentences to three convicts in the Oyo school kidnapping case A Federal High Court in Abuja has sentenced three persons to life imprisonment in connection with the kidnapping of students and teachers in Oriire Local Government Area of ​​Oyo State.Read more 2. Tinubu expands …

Fresh pressure emerged in Nigeria’s downstream petroleum market as Dangote Petroleum Refinery on Wednesday resumed gantry loading of Premium Motor Spirit (PMS) in naira after a week-long suspension. The company however increased the ex-depo price by N140 to N1,215 per litre, a move that is expected to trigger other adjustments in petrol pump prices across the country. The increase is …

A Federal High Court in Abuja has sentenced three persons to life imprisonment in connection with the kidnapping of students and teachers in Oriire Local Government Area of ​​Oyo State. Judge Salim Ibrahim delivered the verdict, ordering life sentences starting from the date of arrest of the three convicts. The sentences follow those handed down to the defendants in connection …

President Bola Tinubu has approved a major restructuring of the Nigerian Army with the creation of four additional divisions and the recruitment of 28,000 new personnel as part of efforts to strengthen the country’s security and defense capabilities. The agreement increases the Army’s operational divisions from eight to 12, a move the Presidency says will increase military efficiency, decentralize the …

The United Nations (UN) has warned that terrorist groups in northern Nigeria, across West Africa and the Sahel region are increasingly sophisticated, and adopting the use of modern technology in their criminal operations. Leonardo Simão, Special Representative of the UN Secretary-General for West Africa and the Sahel and Head of the UN Office for West Africa and the Sahel (UNOWAS), …

Here are the top stories from around the country today. 1. Senate takes action against CBN, NNPCL, 40 MDAs for alleged revenue remittance violations The Senate has initiated action to compel the Central Bank of Nigeria (CBN), Nigerian National Petroleum Company Limited (NNPCL) and about 40 other Ministries, Departments and Agencies (MDAs) to appear before the Finance Committee over alleged …

Former Vice President Atiku Abubakar has attacked President Bola Tinubu over the controversy surrounding the Presidential Foreign Investment Promotion Council (PFIPC), an institution deemed a sham by the government. Atiku called on President Tinubu to apologize to Nigerians and resign over what he described as an attempt to cover up the PFIPC accounts scandal. His request follows conflicting testimony from …

Here are the top stories from around the country today. 1. Once again, CBN MPC keeps interest rate at 26.5% The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) maintained its benchmark interest rate at 26.5 percent for the second time.Read more 2. Nigeria borrows to pay debts, Minister of Finance, Oyedele, explains the increase in national …

Here are the top stories from around the country today. 1. Kwankwaso reveals written one-term agreement with Obi, saying the presidency will fall to North Korea in 2031 The vice presidential candidate of the Nigerian Democratic Congress (NDC), Rabiu Musa Kwankwaso, has revealed that he and the party’s presidential candidate, Peter Obi, signed a written agreement requiring the former governor …

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) maintained its benchmark interest rate at 26.5 percent for the second time. CBN Governor, Olayemi Cardoso, announced the decision on Tuesday at the end of the 306th meeting of the committee in Abuja. Cardoso said, “The committee decided as follows: maintain the monetary policy rate at 26.5 percent.” …