News

Okra Solar secures $12M investment. 2 other stories and a trivia

This line-up of stories will help you discover the latest happenings around the tech world, today 1. Okra Solar secures $12M investment Okra Solar, a startup with a vision of transforming global energy access, has announced securing a $12 million in Series A funding. This investment, according to the startup, underscores the pressing need to address the energy disparity in …

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The CBN maintains the interest rate at 26.5%…

The Central Bank of Nigeria (CBN) has maintained its key interest rate at 26.5%. The CBN Governor, Olayemi Cardoso, announced this at the end of the 305th meeting of the Monetary Policy Committee in Abuja on Wednesday, May 20, 2026. The MPC’s decision follows the 50 basis point cut announced in February 2026. How We Arrested Fugitive Former Power Minister …

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NDLEA blows up Nigerian-Mexican methamphetamine factory in Ogun forest, seizes drugs worth N480 billion (Video)

The National Drug Law Enforcement Agency has blown up a transnational methamphetamine production factory in Ogun State jointly operated by a Nigerian drug cartel and Mexican collaborators Ten suspects were reportedly arrested with illegal drugs and chemicals worth over N480 billion recovered during the operation. NDLEA Chairman and Chief Executive Officer, Brig. Gen. Buba Marwa (retd.), disclosed this on Wednesday …

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CBN MPC keeps interest rate at 26.5%

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) on Wednesday decided to maintain the Monetary Policy Interest Rate (MPR) at 26.5%. This is part of the decision taken at the 305th MPC meeting which was attended by 11 members. The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, who announced the decision at the …

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The Navy intensifies anti-oil theft operations, recovers over 531 thousand liters of illegal crude oil

The Nigerian Navy says it has intensified operations against crude oil theft and illegal refining activities in the Niger Delta, leading to the recovery of about 531,500 liters of illegally refined petroleum products in the first quarter of 2026. The campaign against crude oil theft, conducted under Operation Delta Sentinel, also led to the dismantling of 12 illegal refining sites …

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Former Governor Lamido advises Jonathan against contesting ‘dismal’ 2027 presidential election

Former Jigawa State governor and founding member of the Peoples Democratic Party (PDP), Sule Lamido, has warned former President Goodluck Jonathan against interfering in his 2027 presidential bid. The former governor in a post on his Facebook page on Wednesday said that Jonathan was in the “global alumni ranking of world leaders”, and that it would be unfair and inappropriate …

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WHO is concerned that the Ebola outbreak may have spread beyond Congo

The World Health Organization (WHO) has expressed concern that the recent outbreak of the Ebola virus in the Democratic Republic of Congo may have spread beyond the country’s borders. According to the world health body, investigations into this outbreak revealed wider transmission than previously thought. WHO representative Anne Ancia was quoted as saying, “The more we investigated this outbreak, the …

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Family and colleagues gather in Abeokuta for the eighth day Fidau prayer of the late labor leader Obabiyi

Family members, colleagues, union leaders and sympathizers on Monday gathered in Adigbe, Abeokuta, Ogun State, for the eighth day Fidau prayer held in honor of the late union president, Comrade Alhaji Basheer Ayobamiji Obabiyi. The prayer session, organized by the family of the deceased in collaboration with Islamic clergy, attracted a large turnout of relatives, friends and associates who gathered …

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Exit plan for NNPC staff members raises anxiety, politicians…

The exit plan of NNPC staff members raises anxiety and political concerns ahead of the 2027 elections An internal staff exit program at the Nigerian National Petroleum Company Limited, NNPCL, has raised anxiety among employees and attracted political scrutiny ahead of the 2027 elections. The plan, introduced under the leadership of Group Chief Executive Officer Bashir Bayo Ojulari, includes an …

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