News in Brief
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An Ondo woman has been arrested for allegedly defrauding 93 visa seekers of N42.3m in a widespread visa scam. Read more on Punch.
Three Kano traffic officials were hospitalised after a mob attack by angry youths following an accident. Learn more about the incident and KAROTA’s appeal.
A Nigerian man, Osarenkhoe Atutie, has been jailed for seven and a half years in the UK for repeatedly stabbing his partner. Read more on this case.
The chairman added that aside the fuel subsidy, crude and product losses also accounted for N16.20 billion, pipeline repairs N22.05 billion and strategic stock holding N6.75 billion.
• Says suspect also floated FIPA, one other fictitious organisation
•Identifies collaborators in SGF, HoSF, AGF, Budget, NITDA offices
• Dare: Tinubu to study report, consult AGF before taking action
•FRSC: How phantom agency listed Tinubu as board chair
Deji Elumoye and Adedayo Akinwale in Abuja
The Independent Corrupt Practices and Other ...
Chancellor of Umaru Musa Yar’Adua University, Katsina, Senator Ibrahim Mohammed Ida, has called for a 10-year Tourism Transformation Roadmap for Nigeria, saying urgent and decisive action is needed to unlock the sector’s potential. Senator Ida, who was speaking on the theme: “Tourism Transformation Through Collaboration, Policy Alignment and Investment, at the ninth Nigeria Tourism Investors
Popoola also highlighted banking sector recapitalisation and digital transformation initiatives aimed at broadening access to capital market opportunities.
• Flags low productivity as key national challenge
•Urges Nigeria to rationalise tax exemptions, reduce leakages
Emmanuel Addeh in Abuja
The African Development Bank (AfDB) has identified Nigeria’s weak domestic revenue base and persistently low productivity as the country’s most pressing economic constraints, warning that unless both are addressed, meeting an ...
While the broader equities market is busy celebrating record-breaking rallies and high-flying sector leaders, investors are closely looking at possible
read more Five banking stocks offering massive upside
• Bemoans high interest rate on bank loans, blames CBN’s high MPR of 26.5 per cent
Dike Onwuamaeze
Chief executive officers (CEOs) of manufacturing companies in Nigeria have said government infrastructure spending has not significantly boosted their productivity.
The CEOs also objected to claims of improvements in foreign exchange sourcing and expressed ...
• Ikeja, Eko emerge strongest performers
Emmanuel Addeh in Abuja
Nigeria’s electricity Distribution Companies (Discos) collected N208.15 billion from customer billings of N252.87 billion in May 2026, translating to a collection efficiency of 82.32 per cent, according to the latest commercial performance factsheet released by the Nigerian Electricity Regulatory Commission ...
Emmanuel Addeh in Abuja
The Chief Executive Officer of Seplat Energy, Effiong Okon, has urged indigenous oil and gas operators to prioritise asset integrity, life extension and the elimination of obsolete infrastructure to maximise asset value, improve operational efficiency and deliver stronger returns on investment.
Speaking during a panel session at the 49th Nigeria ...
• NISO, Canada explore partnership on power sector modernisation
•TCN commends vigilante group over arrest of suspected vandal
Emmanuel Addeh in Abuja
The federal government has approved a new institutional and financing framework aimed at accelerating the electrification of healthcare facilities across the country, setting a target of providing reliable ...
Chuks Okocha in Abuja
The High Commission of the United Kingdom yesterday met with the Peoples Democratic Party (PDP), led by Kabiru Turaki, SAN, and held extensive discussions on the state of Nigeria’s democracy.
The High Commission’s delegation was led by Dr. Fortune Aldred, Senior Political Adviser, and Stephen Asek, Political Adviser (Cameroon).
According to a ...
As Rotarian Emeka Kenneth Nsolibe assumes office as the 30th President of the Rotary Club of Victoria Garden City (VGC), Lagos, his emergence reflects a lifetime of professional excellence, ethical leadership and unwavering commitment to humanitarian service. With nearly three decades of experience in supply chain management and a track record of impactful community service, Nsolibe embodies ...
Delta, Bayelsa, and Akwa Ibom received nearly 75% of Nigeria’s N321.90bn derivation funds in Q1 2026. Discover how oil-producing states share revenue.
Blessing Ibunge in Port Harcourt
Nigeria’s drive to become Africa’s energy hub received a fresh boost yesterday, as Pipeline Infrastructure Nigeria Limited (PINL) said improved pipeline security is strengthening investor confidence, supporting major gas infrastructure projects and contributing to rising oil and gas sector performance.
Speaking at the company’s August 2026 ...
• As Burundi strengthen defence ties with Nigeria to boost regional security, counter terrorism
Linus Aleke in Abuja
The Minister of Defence, General Christopher Musa (Rtd.), has reaffirmed Nigeria’s commitment to strengthening defence cooperation with the Republic of Benin as part of efforts to tackle terrorism, cross-border crime and other transnational security threats ...
• Market rebounds skyrockets from N30trn in 2023 to N160trn today, projected to peak at N230trn by year end
•President pledges to reform and list NNPCL in the capital market
• Popoola: Govt’s reforms have created 500,000 to 900,000 millionaires in last three years
Deji Elumoye in Abuja
President Bola Tinubu has declared that growing positive reviews of ...
Director-General of the National Institute for Hospitality and Tourism (NIHOTOUR), Dr. Abisoye Fagade, has reaffirmed the institute’s commitment to implementing the NIHOTOUR Act, emphasising the goal of professionalising the tourism and hospitality industry. Speaking at an event with the Association of Nigerian Journalists and Writers of Tourism (ANJET), Fagade highlighted the establishment of ...
• Abdulrazaq Isa is new chair, Wunti emerges CEO
Emmanuel Addeh in Abuja
Nigeria has formally rejoined the World Energy Council (WEC), re-establishing its place in the global network of energy leaders with the inauguration of a new National Member Committee and Governing Board expected to strengthen the country’s engagement in international energy policy, investment and ...
• Countries to gain $500bn more tax a year
•Again, Trump may veto move
Ndubuisi Francis in Abuja
Nigeria may harvest an additional $2.5 billion annually in corporate tax from multinationals as the United Nations (UN) tax convention plans to scrap and replace a century-old approach which is expected to unleash new economic era without increasing taxes.
...
Emma Okonji
Globacom, Nigeria’s foremost indigenous telecommunications company, emerged as the country’s fastest-growing Internet Service Provider (ISP) in the month of May, recording the highest net addition of internet subscribers among the nation’s major mobile network operators.
The remarkable performance underscores the growing impact of the company’s sustained ...
Kasim Sumaina in Abuja
The Nigeria Civil Aviation Authority (NCAA) has demanded the restoration of its original 65 percent share of the 5 percent ticket sales charge (TSC) and cargo sales charge (CSC).
The Director-General, Civil Aviation, Capt. Chris Ona Najomo, made the call during the Public Hearing of the House of Representatives Aviation Committee’s proposed review of ...
Emma Okonji
Digital Assets Coalition (DAC), the industry alliance representing digital-asset participants and operators in Nigeria, has faulted the new guidelines on the taxation of virtual assets, released on Monday August 3, 2026 by the Nigeria Revenue Service (NRS).
The coalition said the new guidelines, if implemented, would put Nigeria’s $92 billion virtual asset ...
…There’s no looting of N11b in Osun- Govt replies EFCC …Tinubu’s EFCC reversal raises more questions than answers – ADC
read more Public outcry rattles Tinubu, orders EFCC to unfreeze Osun account
Michael Olugbode in Abuja
President Bola Tinubu’s Chief of Staff, Femi Gbajabiamila, is expected to lead a high-powered federal government delegation to the maiden Nigeria Diaspora Investment Economic Conference (NIDEC) in Toronto, Canada, a government statement said yesterday.
The delegation includes Governors Babagana Zulum (Borno); Charles Soludo (Anambra); Uba Sani ...
Exactly on August 1, 2016, Muslim Television Ahmadiyya Africa (MTA Africa) was inaugurated by the World Head of the Ahmadiyya Muslim Community, Hazrat Mirza Masroor Ahmad. The broadcast signal was officially switched on by the global Islamic leader from the MTA International Studios in Gressenhall, London, opposite the first London mosque, marking the beginning of
Folalumi Alaran in Abuja
The federal government has intensified efforts to attract foreign investment into Nigeria’s solid minerals sector, reaffirming its commitment to ending the country’s dependence on raw mineral exports in favour of value addition and industrial development.
Minister of Solid Minerals Development, Mr. Henry Dele Alake, made the commitment yesterday in ...
Yemi Kosoko in Jos
The National Chairman of the All Progressives Congress, Prof. Nentawe Yilwatda, has said that President Bola Ahmed Tinubu’s economic reforms are already reshaping Nigeria’s financial landscape, restoring investor confidence and laying the groundwork for the administration’s ambitious $1 trillion GDP target.
Speaking at the Prof. Nentawe Yilwatda Colloquium ...
• Collect his money, kick him out, Edo gov tells electorate
Emmanuel Addeh in Abuja
Edo State Governor, Monday Okpebholo, has launched a blistering attack on Osun State Governor, Ademola Adeleke, mocking his penchant for dancing and accusing him of neglecting governance.
Campaigning for the All Progressives Congress (APC) governorship candidate in Osun, Bola ...
• Insists musician remains his son, says APC campaign will focus on peaceful poll
Sunday Ehigiator
Imo State Governor, Hope Uzodimma, has distanced himself from comments made in response to an appeal by Nigerian music star David Adeleke, popularly known as Davido, ahead of the August 15 Osun State governorship election, insisting that he neither authorised nor endorsed the ...
Bishop Kukah advocates for education as the most effective weapon against insecurity and poverty in Nigeria, urging increased investment in learning.
Niger State Government and UNICEF charge women to promote exclusive breastfeeding for healthy children, aiming to increase the state’s compliance rate.
Juliet Akoje In Abuja
The Chairman of the House of Representatives Committee on Defence, Hon. Babajimi Benson, MFR, has praised President Bola Ahmed Tinubu, Commander-in-Chief of the Armed Forces, for approving a significant upward review of the salaries and welfare package of personnel of the Armed Forces of Nigeria.
He also commended the President for approving the ...
Francis Sardauna in Katsina
A Non-governmental Organisation, Access to Medicines Initiative (AMI), has called on the Katsina State Government to establish a dedicated budget line for family planning commodities in the 2027 fiscal year amid declining donor funding for reproductive health programmes in the country.
The organisation said the provision of the budget line would ...
Deji Elumoye in Abuja and Sunday Ehigiator in Lagos
President Bola Tinubu has expressed his condolences to former Minister of Finance, Mrs. Kemi Adeosun, following the death of her husband, Mr. Anthony Adeniyi (Niyi) Adeosun, who passed away in Lagos on Wednesday at the age of 62.
The President, in a statement yesterday by his Special Adviser on Information and Strategy, Mr ...
• Says personal ambitions, political narcissism threaten Nigeria’s destiny and Africa’s future
•As Galadima blames Electoral Act for opposition primary crises, urges aggrieved aspirants to embrace reconciliation
•NDC inaugurates reconciliation panel as Cleopas declares 2027 mission ‘bigger than individual ambitions’
Sunday Aborisade in Abuja
...
Kayode Tokede
The stock price of First Holdco Plc yesterday reached N140 per share on the Nigerian Exchange Limited (NGX), making it an all-time high since it was listed in 2012.
In its Year till Date (YtD) performance, the stock price of First Holdco has appreciated by 192.3 per cent from N47.90 per share it closed for trading in 2025, as its market capitalisation ...
• Senate panel threatens to compel Auditor-General’s appearance over absence from NEITI oil sector audit probe
Sunday Aborisade in Abuja
The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) on Thursday disclosed that Nigeria spent a staggering N1.16 trillion on fuel subsidy in 2021, while another N1.20 trillion was deducted from federation crude oil sales ...
George Okoh in Makurdi
The African Democratic Congress in Benue State has expressed assurance that the presidential candidate, Alhaji Atiku Abubakar will surely win the forthcoming presidential election going by its permutations.
The party governorship candidate, Herman Hembe disclosed this in Makurdi on Thursday while unveiling its deputy governorship candidates in person ...
Chuks Okocha in Abuja
The Allied People’s Movement (APM) strongly condemned the Presidency’s attack on the Archbishop Emeritus of Abuja, Cardinal John Onaiyekan, over his comments regarding the country’s worsening economic situation under President Bola Tinubu’s failed administration.
A statement by the National Publicity Secretary of the party, Abubakar Yusuf, said, ‘’This ...
…indicts offices of the ‘SGF, Head of Service, Accountant General, Budget Office, NITDA’, others …. Exonerates State House and the
read more Heads of key MDAs to roll as ICPC concludes findings on phantom agency
Ibrahim Shuaibu in Dutse
Governor Umar Namadi of Jigawa State has declared that the opposition in the state has effectively collapsed following the defection of prominent political leaders and thousands of their supporters from the Peoples Democratic Party (PDP), the New Nigeria Peoples Party (NNPP) and other opposition parties into the ruling All Progressives Congress (APC).
...
Blessing Ibunge in Port Harcourt
The Niger Delta Ethnic Nationalities Youth Leaders Forum (NDENYLF) has urged President Bola Tinubu to remain resolute in supporting the ongoing reform agenda at the Nigerian National Petroleum Company Limited (NNPC Ltd.), warning against calls seeking the resignation of the Group Chief Executive Officer, Mr. Bashir Ojulari.
In a statement ...
Ibrahim Oyewale in Lokoja
The Academic Staff Union of Secondary Schools, Kogi State Chapter, has expressed serious concern over the persistent attacks on schools and educational communities in the country and the state in particular.
This was contained in a communique issued by the Executive council of the ASUSS and copy of which was made available to journalists in Lokoja ...
Emmanuel Ugwu-Nwogo in Enugu
The United Nations Children’s Fund(UNICEF) has enlisted commercial bus drivers to join in escalating the breastfeeding campaign, saying that they have a role to play both at home and on the road.
In partnering commercial drivers, UNICEF reasons that since nursing mothers also commute, drivers should encourage them to breastfeed their babies ...
Alex Enumah in Abuja
A Federal High Court in Abuja has affirmed Honourable Thomas Ereyitomi as the candidate of the All Progressives Congress (APC) in the Warri Federal Constituency House of Representatives election in Delta State.
Justice Mohammed Umar, affirmed the candidacy of the two-term House of Representatives member, shortly after dismissing the suit by an aspirant ...
Yinka Kolawole in Osogbo
Governor Ademola Adeleke of Osun State on yesterday inaugurated the newly constructed Oke-Fia Flyover in Osogbo, calling on residents of the state to come out in large numbers and participate in the August 15 governorship election.
The governor said voting remained the most powerful tool for sustaining democracy, urging eligible voters to exercise ...
Hammed Shittu in Ilorin
Fifteen influential leaders of the All Progressives Congress (APC) in Kwara State under the aegis of Grouplp-15 yesterday warned the national leadership of the APC on the impending risk prospects in the party ahead of 2027 general elections in the state.
The group therefore demanded transparency, fairness and equity in party appointments and ...
Tunji Wusu
The Inspector-General of Police, Olatunji Rilwan Disu, recently welcomed the brave officers of the Nigeria Police Force’s Special Intervention Squad who, alongside the military, the Department of State Services (DSS), and other security agencies, took part in the rescue of the abducted Orire schoolchildren.
The IGP did more than welcome the officers. He also ...
Dr. Adefunke Soyibo, Founder and CEO of HNK Interiors and HNK Designs Centre, recently commissioned the new HNK Interiors Manufactory and unveiled the HNK Design Centre in Lekki, Lagos. The event was flagged off by Senior Pastor of Trinity House, Pastor Ituah Ighodalo, who cut the tape and prayed for both the space and its founder. It was more than a launch. It was proof that Nigerian design ...
Islamic clerics in the Ilorin Emirate of Kwara State have received exotic cars for their spiritual operational activities from both the state government and the Peoples Democratic Party (PDP) leader, Dr. Bukola Saraki. Presenting the gifts at the palace of the Emir of Ilorin, Alhaji Ibrahim Sulu-Gambari, Governor AbdulRahman AbdulRazaq, delivered four vehicles to the
Benue residents stage a road walk and sensitisation campaign to educate on the benefits of exclusive breastfeeding, promoting healthy babies and mothers.
Africa50 secures $50m from international partners to accelerate climate-resilient infrastructure projects across Africa, boosting green development.
President Tinubu has approved N156bn for new and re-awarded Adamawa road projects, including Jimeta–Mayo-Belwa and Yola–Hong–Mubi roads, boosting the state
NAPTIP has jailed two and put seven on trial for human trafficking in Gombe. Discover how the agency is fighting baby trafficking and prosecuting offenders
A tragic Kaduna-Zaria crash claimed the life of Dr. Umar Sani Bebeji, a respected ABU law lecturer. Learn more about his legacy and the incident.
52 youths from Sokoto’s Wamakko LGA secure automatic employment with BUA Cement Plc after completing a six-month skills development program.
Discover how multinational listings are set to drive Nigeria’s investment surge, broadening investor participation and boosting foreign capital inflows for
Edo residents accuse Bliss Legacy of failed land allocation and demand millions in refunds. Learn about the alleged land fraud and customer complaints.
Dike Onwuamaeze
Agriculture and manufacturing sectors recorded sharp rises in output while the services and the wholesale and retail sectors booked modest growth in the month of July 2026.
This was reported in the Stanbic IBTC Bank Nigeria’s Purchasing Managers’ Index (PMI), whose headline PMI registered 52.5 in July, though down from 53.4 in June but still above the 50.0 ...
Chinedu Eze
Stakeholders in Nigeria’s aviation industry have warned the different aviation unions over the incessant disruption of airline operations, insisting that such disruption is impacting negatively on the nation’s economy.
The stakeholders posited that air transport in Nigeria would continue to drive economic growth through the swift movement of key decision-makers ...
I was recently invited to contribute my perspective on a conversation between two brilliant submissions on the primacy and priority of leadership or followership in Nigeria. I have not come across a more comprehensive and fulsome debate on this topic hence my decision to lay it before the Nigerian audience. After presenting the two opinions, I will then offer my own paradigm. Here we go:
...
Residents in Mowe, Ogun State, lament the slow pace of the Imedu-Olori Road project, impacting businesses and daily life. Discover why the Ogun road projec
Stakeholders in Nigeria’s education sector advocate for a holistic approach to school safety, urging active participation from all to protect learning envi
Teach For Nigeria inducts 499 education leaders into its alumni community, furthering its commitment to tackling educational inequality in Nigeria.
A coalition of tobacco control groups urges the recall of the National Tobacco Control Act (Amendment) Bill, 2025, warning it weakens protections and expos
Victor Osimhen has turned down an offer by the management of Turkish champions Galatasaray for him to wear jersey No 9 now vacated by Mauro Icardi, who has left the club.
Turkish Sabah newspaper reported yesterday that Galatasaray executives presented Osimhen with a new jersey with his name and a new number of 9.
However, the striker said he would rather stick with the ...
Nigeria’s two representatives in the CAF Confederation Cup, Shooting Stars of Ibadan and El Kanemi Warriors of Maiduguri were handed opponents in the draw made yesterday for the First Preliminary Round opening legs to be played from September 4th to 6th , with the return matches scheduled for September 11th to 13th.
All the 56 competing clubs learned their path to the Group Stages at ...
Kayode Tokede
The Nigerian stock market yesterday appreciated by N192 billion over surge demand for First Holdco Plc and 23 other quoted companies on the Nigerian Exchange Limited (NGX).
As the stock price of First Holdco advanced by 2.19per cent to close at N140 per share from 137 per share, the market capitalisation closed for trading at N158.278 trillion from N158.087 ...
Super Eagles Captain Wilfred Ndidi kicked off his new season on a high last night as his assist helped Besiktas’ win their UEFA Europa League third qualifying round first leg victory 1-0 over Hradec Kralove.
The Nigerian midfield supremo who recently returned from injury that sidelined him for the rest of last season in Turkey, came off the bench in the 76th minute to contribute the ...
Chaos in the Ring returned to the Balmoral Convention Centre, Federal Palace Hotel, Victoria Island, Lagos, on Friday, July 31, delivering another thrilling night of elite boxing, celebrity rivalries and breakout performances that reinforced the platform’s growing reputation as one of Africa’s leading boxing and sports entertainment events.
The evening featured a mix of professional ...
Consolidated Hallmark Insurance reaffirms financial strength, meeting NAICOM’s recapitalisation requirements. Learn about their N58bn shareholders’ funds a
Gombe pensioners are lamenting their poor monthly pay, with some receiving as low as N9,000. They urge the state government to review their benefits.
Mining activities are destroying iconic Plateau tourist sites like Shere Hills and Riyom Rock, threatening the state’s natural heritage and tourism potenti
Five Nigerian insurers are intensifying efforts to meet NAICOM capital rules under the new Insurance Industry Reform Act 2025, with updates on their recapi
Under-fire FIFA President Gianni Infantino has apologised for trying to sell off stakes in the World Cup to private investors, promising that it will not happen again.
Late Wednesday, FIFA sent out a letter – signed by Infantino and general secretary Mattias Grafström – to all members associations.
“The Secretary General and the Executive Board confirm their full support for ...
Amstel Malta has congratulated Nigeria’s Super Falcons on their commanding 6-2 victory over Egypt, describing the performance as a fitting reward for the team’s resilience and determination after a difficult start to their 2026 Women’s Africa Cup of Nations (WAFCON) campaign.
The cup holders produced an attacking master-class to seal their place in the quarter-finals, where they will ...
Vanguards Academy, Odosengolu, Ijebu-Ode, Ogun State, has graduated 71 students at its 20th graduation and prize-giving ceremony and unveiled the logo for its silver jubilee celebration scheduled for September 2027. The ceremony featured the presentation of academic and Islamic awards, certification of two additional Qur’an memorisers and renewed calls for investment in education and digital