News

The International Monetary Fund (IMF) has advised Nigeria and other crude oil exporting countries to ensure that funds obtained from price increases resulting from the United States-Israel-Iran conflict are put to good use to protect against similar economic shocks in the future. The IMF explained that with rising debt in many countries, fiscal policy must be responded to carefully, providing …

The Independent National Electoral Commission (INEC) has announced a new adjustment to the campaign calendar for the Osun State governorship election. With the adjustment, the last day for political party campaigns in the state is now midnight on Thursday, August 13, 2026. INEC had earlier brought forward the Osun governorship elections by a week from Saturday, August 8, 2026 to …

The Federal High Court, Abuja, on Thursday adjourned the trial of former Minister of Power, Saleh Mamman, on suspicion of money laundering until April 23 for adoption of final written address. Mamman was charged by the Economic and Financial Crimes Commission (EFCC) on amended 12 counts of money laundering to the tune of N33.8 billion. The case for which the …

Judge Rahman Oshodi of the Lagos Sexual Offenses and Domestic Violence Court, Ikeja, on Thursday sentenced a 63-year-old pastor, Chris Mcdouglas, to life imprisonment for raping the 18-year-old daughter of a member of his church. The judge sentenced Mcdouglas, a pastor at the Queer Generation Assembly Church, Lagos, to life imprisonment after he was found guilty of rape. However, he …

Shareholders of Dangote Sugar Refinery Plc have approved a N500 billion rights issue aimed at strengthening the company’s capital base and accelerating its strategic expansion projects, particularly its backward integration programme. The approval was given at the company’s 20th Annual General Meeting (AGM) held in Lagos on Wednesday, where investors also lauded the management for its resilience and improved performance …

Borno State Governor, Babagana Zulum, has unveiled a large transport intervention package worth ₦1 billion, along with the distribution of 500 electric tricycles to operators in Maiduguri Metropolis and Jere Local Government Area. The initiative, which targets 1,000 Keke NAPEP cyclists, is part of the State Government’s wider strategy to modernize urban mobility, reduce operating costs and ease economic pressure …

The Special Adviser to the President on Policy Communications, Daniel Bwala, has mocked former Vice President Atiku Abubakar’s comments about his intention to oust the president in the 2027 elections. Atiku in a recent interview stated that it would be difficult for a coalition of one candidate to defeat President Bola Tinubu, and instead suggested a coalition of candidates from …

Bayo Onanuga, Special Adviser to President Bola Tinubu on information and strategy, said that Atiku Abubakar’s political mathematics regarding the rotation of power was “self-serving”. On Wednesday, while appearing on AriseTV, Atiku spoke about the distribution of presidential powers between the north and south since 1999, and noted that the south has held the office longer than the south. The …

Israel agreed to a 10-day ceasefire in Lebanon on Thursday, a truce that could end fighting with the militant group Hezbollah and strengthen attempts to extend the ceasefire between Iran, the United States and Israel after weeks of devastating war. US President Donald Trump announced the agreement as a ceasefire between Israel and Lebanon. However, Israel has not been fighting …

FIFA has announced plans to introduce a Super Bowl-style halftime show at the 2026 FIFA World Cup final, marking a historic first for the tournament. The groundbreaking performance is scheduled for July 19, 2026, at MetLife Stadium in New Jersey, which will be renamed New York New Jersey Stadium for the event. According to FIFA President Gianni Infantino, the half-time …