News

Nigeria’s currency, the naira, slumped against the United States dollar at the official window on Wednesday. Officially, Central Bank of Nigeria (CBN) foreign exchange data shows that the naira closed at N1,353.90/$1, compared with N1,344.41/$1 on Tuesday. This represents a loss of N9.49 for the local currency against the dollar. On the black market, the naira rose N15 against the …

A new report released by the World of Statistics has revealed that Nigeria is now the leading country in the world in terms of unemployment rate. In the report released on Tuesday, Nigeria leads the rest of the world with 33.3 per cent, followed by South Africa 32.9 per cent, and Iran which comes in at third place with 15.55 …

Justice James Omotosho of the Federal High Court, Abuja, on Wednesday, adjourned the trial of eight Chinese nationals and two others over alleged illegal mining until April 21. The judge adjourned the case following an oral postponement request from defense lawyer, Joe Agi (SAN). Public Prosecutor. Adeola Adedipe (SAN), did not oppose the application. When the case was dropped, Agi …

The Independent Corrupt Practices and Other Related Offenses Commission (ICPC) has arrested and dismantled a visa factory syndicate in Lagos State, even as it secured the conviction of one Michael Kuyoro, a staff member of Ikeja Local Government, for his involvement in a visa fraud scheme involving forgery, conspiracy and abuse of office. ICPC Spokesperson, John Odey, in a press …

The New Nigerian People’s Party (NNPP) has decided to appeal the decision of the Federal Capital Territory (FCT) High Court confirming Dr. Agbo Major as the original leader of the party. NNPP National Publicity Secretary, Ladipo Johnson, disclosed this in a statement on Wednesday in Abuja. Johnson described the assessment of the party leadership as a breach of justice and …

The Federal Government of Nigeria has closed down three manufacturing companies in Ogijo, Ogun State, over serious workplace safety violations. The enforcement action was carried out on Wednesday by the Minister of Labor and Employment, Mrs. Nkeiruka Onyejeocha, during an inspection focused on compliance with occupational health and safety. The affected companies include African Refractory and Allied Products (ARAP), African …

Police agents in Imo have raided the camp of the Indigenous People of Biafra (IPOB), known as “Mother Valley” and killed two suspected members of the group in the state. They also recovered more than 300 Improvised Explosive Devices (IEDs) during the operation. The state Commissioner of Police, Audu Bosso, confirmed the raid at a press conference held at the …

The United Bank for Africa (UBA PLC) has reaffirmed its commitment to channeling diaspora-led investments into Nigeria. This followed strategic engagement with Nigerians in the Diaspora Commission. The meeting, held at UBA’s UK office on Monday, brought together key officials from NiDCOM, led by its President/Chief Executive Officer, Abike Dabiri-Erewa, and UBA executives, including Group Managing Director/Chief Executive Officer, Oliver …

Victor Osimhen was injured during Galatasaray’s match against Liverpool in the second leg of their Champions League last 16 tie on Wednesday night. The Super Eagles forward was substituted in the second half following an arm injury suffered by Liverpool’s Ibrahima Konaté. Leading 1-0 from the first leg in Türkiye, Galatasaray looked to finish the job but failed to match …

The Muhammad Sa’ad Abubakar declared Eid-el-Fitr on Friday, March 20, 2026, following the failure to sight the Shawwal crescent moon across Nigeria. The announcement, which marks the end of the 2026 Ramadan fast, was contained in a statement released on Wednesday by the Sultanate Council’s Advisory Committee on Religious Affairs in collaboration with the National Moon Sighting Committee. According to …