News

Nigeria’s currency, the naira, strengthened again against the US dollar at the official window on Monday. Officially, Central Bank of Nigeria (CBN) foreign exchange data shows that the naira closed at N1,366.79/$1, compared with N1,373.25/$1 on Wednesday. This represents a gain of N6.46 for the local currency against the American dollar. On the black market, Nigeria’s currency, the naira, closed …

Investors in the Nigerian equity market lost N1.8 trillion at the close of trading on Monday to start June in bearish mode. This follows the fall in share prices, including Bua Cement, Trans Express and John Holt on the stock exchange floor. The benchmark All-Share Index (ASI) fell to 247,560.66 points from 250,385.47 points on the previous trading day. After …

DSS DG Oluwatosin Adeola Ajayi A coalition of Christians in northern Nigeria has praised the Department of State Services, DSS, for arresting five suspects linked to the November 2025 abduction of students and staff of St. Mary’s Catholic School, Papiri, Niger State. The Northern Christian Association, NCA, said the arrests demonstrate that intense intelligence and security coordination can dismantle terrorism …

The Department of State Services (DSS) has arrested five suspected kidnappers of St Mary’s Catholic School in Papiri village, Niger State Gunmen on November 21, 2025 attacked the school and kidnapped more than 300 students and staff of the college. Security sources confirmed the news to reporters on Monday. He said the suspects included two Nigerians, who were arrested in …

The Minister of Arts, Culture, Tourism and Creative Economy, Hannatu Musa Musawa, on Thursday declared open the 2026 edition of the Abeokuta Film Festival, describing the Ogun State capital as his “second home” for its rich cultural heritage and warm hospitality. Speaking at the event held on May 28 in Abeokuta, Musawa commended the organizers and organizers of the festival …

The Ekiti State Police Command in Ekiti has rejected claims of kidnapping of bus passengers in the state. Reports emerged earlier on Monday that gunmen suspected to be kidnappers abducted passengers traveling from Ado-Ekiti to Ibadan in Aramoko-Ekiti on Sunday. Spokesman of the command, Sunday Abutu, in a statement issued on Monday in Ado-Ekiti, dismissed the claims circulating on social …

Governor Buni ● Livestock farmers’ group praises free tractors, new Ministry of Livestock, Markets and Youth Empowerment, says it has ‘achieved commendable results in virtually all areas’ The Kulen Allah Cattle Breeders Association of Nigeria, KACRAN, has rated the seven-year administration of Yobe State Governor Mai Mala Buni at 99%, calling it “exceptional leadership and transformative governance”. In a statement …

Troops of the 12th Brigade of the Nigerian Army have rescued 23 kidnapped persons in Kogi State. The victims were abducted following an attack carried out by suspected bandits along Ayegunle – Bunu road in Kabba-Bunu Local Government Area of ​​the state on Monday. The Nigerian Army confirmed the news in an operational report in Lokoja. In an operation According …

A presidential candidate of the African Democratic Congress (ADC), Mohammed Hayatu-Deen, has ruled out litigation over the results of the May 25 presidential primaries. Former Vice President Atiku defeated Hayatu-Deen and former Minister of Transportation, Rotimi Amaechi, to elect the ADC presidential ticket in the 2027 elections. However, two other factions in the ADC led by former presidential candidate, Dumebi …

Housing and Urban Development Minister Muttaqha Darma has uncovered major inconsistencies in official reports on the federal government’s Renewed Hope housing project in Katsina State, revealing that only about 130 of the 250 units claimed to be completed are actually finished. The discovery followed an unannounced inspection of the project site, where the minister carried out a physical verification that …