News in Brief
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News in Brief
Stay Informed
Besides providing technical expertise, the DICON Institute of Technology will significantly reduce Nigeria’s reliance on foreign sources for critical defence capabilities, argues
JACK OKUDE
The Minister of State for Defence, Bello Matawalle, is passionately pushing a President Tinubu agenda on national security. On Wednesday, July 29, 2026, Matawalle, was in Kaduna to ...
A 23-year-old Nigerian Law School student, Faith Alayande, has died in Lagos after allegedly jumping from a four-storey hostel building. Police are investi
A young man in Lagos was tragically beaten to death by suspected cultists following a dispute over a missing phone. Read the full story on Punch.
The Managing Director and Chief Executive Officer of the Niger Delta Power Holding Company (NDPHC), Engineer Jennifer Adighije, has called for the optimisation of electricity infrastructure as a pathway to unlocking the country’s socio-economic transformation. According to her, reliable power remains the foundation for industrialisation, investment and sustainable national development. Adighije ...
Residents of Christ Avenue Community in Ogun State lament erratic power supply, disrupting daily life and businesses. Learn how unstable electricity impact
Three abductors of Gateway ICT Polytechnic students in Ogun State were killed in a gun battle with security operatives, police confirm. Read more on the re
For independent oil and gas players in Nigeria to optimise the value of their assets, boost returns on investments and ensure resilient systems, they must get asset integrity right, fix obsolescence in their operations and consciously work on life extension of their assets, the CEO Seplat Energy, Engineer Effiong Okon, has said. Okon said this
Nigeria Customs Service intercepts 399 Jojef rifles and parts at Tincan Island Port, a major blow to illegal arms proliferation. Learn more about the Custo
A Lagos Federal High Court has remanded two men for 15 days as Customs probes their alleged involvement in a high-calibre arms shipment into Nigeria.
Delta State Police bust a drug hideout in Owa-Abbi, arresting a 56-year-old suspect and recovering 21 bags of Indian hemp. Read about the Delta drug bust.
Dike Onwuamaeze
The Nigeria Employers’ Consultative Association (NECA) has called on the federal government and the Lagos State Government to urgently explore a balanced interim solution that would reopen manufacturing and commercial facilities within the Dopemu industrial corridor of Lagos State pending the final determination of the matter by the law courts.
The call was ...
LAPO Microfinance Bank has raised N4.46 billion through the Nigerian debt capital market to expand financing for small and medium-sized enterprises, strengthen digital financial services and increase access to renewable energy solutions. The funds were raised through the listing of LAPO MFB SPV Plc’s N4.46 billion Series 1 five-year 20.00 per cent fixed-rate bond on
Business, brand and executive communications strategist, Mabel Adeteye, has launched MAA Insight Room, a new thought leadership platform created to deepen conversations around business, branding, leadership and executive communications.
The platform will bring professionals, founders, business leaders and emerging talents into practical conversations that go beyond popular opinions to ...
As part of activities lined up to commemorate its 30th anniversary, Association of Corporate Communication and Marketing Professionals in Banks (ACAMB) recently hosted a Golf and Networking Experience with senior executives of banks, captains of industry, Media partners and clients in attendance.
Held at the prestigious Ikoyi Club 1938, the networking initiative designed to promote ...
The NDLEA has arrested an Italy-based businessman with 98 wraps of cocaine at Enugu airport, weighing 1.510kg, attempting to travel to Europe.
Nigeria’s foreign exchange demand for oil sector imports surged by 115% in 2025, as revealed by the CBN. Discover the impact of this oil import FX jump.
Lagos State Rapid Response Squad arrests suspected hoodlums terrorising motorists and extorting money along the Lekki-Ajah Expressway. Read more here.
Kogi State Police Command restores calm in Abugi after reprisal killings left five dead. Investigation ongoing to apprehend those responsible for the viole
Troops rescue 33 passengers abducted by terrorists in Zamfara State. Learn more about the successful operation and ongoing efforts against banditry.
Iran’s Revolutionary Guards said on Sunday that they would not reopen the Strait of Hormuz until the United States complied with a list of demands, including paying compensation for war damage.
Iran has effectively blockaded the crucial energy conduit since the United States and Israel attacked it in late February, and wants to charge tolls for passage, striking ships it accuses of attempting ...
India has carried out the first test of its Kusha long-range surface-to-air missile system.
This is seen as a milestone that could pave the way for New Delhi to bolster its home-grown air defence network and meet the challenges of future conflicts.
Developed by the state-run Defence Research and Development Organisation, the system is expected to become a key part of the two-phase Mission ...
Israeli Prime Minister Benjamin Netanyahu on Sunday rejected a US-led Gaza plan endorsed by Hamas, putting distance between himself and President Donald Trump as he tries to shore up his base ahead of close elections.
After more than a week of gradually escalating criticism of the plan, and despite receiving assurances that Israel would not need to start withdrawing in Gaza immediately ...
•Expert says NRS trying to prevent payment on fictitious naira gains The Nigeria Revenue Service (NRS) and the Joint Revenue Board (JRB) have issued comprehensive guidelines on the regulation and taxation of virtual asset peer-to-peer (P2P) marketplaces, ending years of regulatory ambiguity for Nigeria’s cryptocurrency sector. On August 3, the NRS released the Guidelines on
Nigeria and China have signed a strategic cooperation agreement aimed at expanding collaboration in film, broadcasting, digital media and the creative economy.
The agreement was signed between China Movie Channel (CMC) and the Nigerian Television Authority (NTA) during the Nigeria-China Film and Interactive Symposium in Abuja.
Officials from both countries said the partnership would support ...
Lagos Waste Management Authority recorded 1,866 truck trips in seven days, evacuating over 18,660 metric tonnes of waste. Learn about LAWMA’s infrastructur
FIFA President Gianni Infantino’s iron grip on global football appeared unshakeable until the recent disastrous unveiling of the FIFA Forward Enterprise (FFE) proposal, a scheme to privatize and sell off minority stakes in FIFA’s World Cup commercial rights.
The backlash was instant and brutal: UEFA threatened a complete tournament boycott, senior advisers resigned in protest, and a mounting ...
The President of the Nigeria Chess Federation (NCF), Senator Ibrahim Hassan Dankwambo, has applauded the outstanding performances of Nigerian players at the recently concluded World Amateur Rapid and Blitz Chess Championships in Abuja.
The former Governor of Gombe State described the successful hosting of the world championship as a landmark achievement for Nigerian sports and a significant ...
LASISMA and Agege Local Government collaborate to strengthen informal space management and enforce physical planning regulations in Agege, Lagos.
A new CAF Women’s Africa Cup of Nations champion will be crowned in Morocco after Cameroon edged defending champions Nigeria 1-0 in a fiercely contested quarterfinal on Sunday to secure their place in the last four and qualify for the FIFA Women’s World Cup Brazil 2027.
The Indomitable Lionesses struck the decisive blow in the 19th minute through 20-year-old Myriam Wamen.
The youngster ...
The Kwara State Internal Revenue Service (KW-IRS) last week trained members of the Association of National Accountants of Nigeria (ANAN), Kwara State branch, on the administration of stamp duties under Nigeria’s new tax reforms. The session, held at the ANAN secretariat on Sulu Gambari Road, Ilorin, formed part of the service’s ongoing efforts to educate
I have been much surprised that the Northern Nigeria Security Trust Fund (NNSTF) established last month by the Northern States Governors’ Forum (NSGF) has not generated as much public interest and debate as one would have expected for such a consequential policy. I think it should.
First of all, the very idea of establishing a security fund represents a good example of responsive governance. Of ...
The NCC has granted Enugu State a 15-year lease for its Digital Industrial Park and Learning Centre, fostering AI, startups, and digital skills.
Nigeria’s tax revenue has surged by 113% to N27.1tn as of July 2026, driven by digitisation and tax reforms. Discover how Nigeria tax revenue growth impact
Nigeria’s House of Representatives is pushing for an aviation law overhaul, proposing a new revenue-sharing formula for the N1.13tn generated by the NCAA.
The refinery is impacting every household in the country, contends ETIM ETIM
When we were in secondary school, Prof. Chike Edozien Obi was a renowned mathematician, reputed to be the first Nigerian to hold a doctorate in mathematics. Awarded Ph.D in 1950 by the University of Cambridge for his thesis titled ‘’Periodic Solutions of Non-Linear Differential Equations of Second Order’’, he ...
Nigerian meter manufacturers withdraw legal action, backing the national metering programme after resolving disputes with the Federal Government. Learn mor
The Corps Marshal of Federal Road Safety Corps (FRSC), Shehu Mohammed was a special guest at the recent Nigeria Auto Industry Summit (NAISU) convened by the Nigeria Auto Journalists’ Association (NAJA) with the theme, “Nigeria’s Clean Mobility Future: The EV and CNG Journey under the President Bola Ahmed Tinubu Administration.”
In an interview after the programme, the Corps Marshal speaks on ...
United Capital Plc has rewarded shareholders with more than 2,500 percent growth in wealth over the past eight years, as the financial services group continues to strengthen its earnings, dividend capacity and business operations following a major transformation since 2018. The company’s shares, which traded at about N3.30 in July 2018, have risen substantially over
Lagos State intensifies efforts to achieve universal health coverage by expanding mandatory health insurance and introducing new financing mechanisms for r
As part of its commitment to youth development and corporate social responsibility, Lanre Shittu Motors (LSM) has expanded its campaign against financial crime by donating copies of Clean Hands, Bright Future: A Youth Guide to Avoiding Financial Crime in Africa to public secondary schools across Lagos State.
The initiative, which is currently in its first phase, targets 200 public secondary ...
The Nigerian Economic Summit Group (NESG) has announced the appointment of Dr Nonny Patricia Ugboma as its Executive Director, Policy and Programmes & Chief Summit Officer.
Her appointment took effect on Monday, August 3, 2026, following the approval of the NESG Board of Directors, according to a statement by the Group.
In her dual executive role, Ugboma will provide strategic ...
A trade expert, Okey Ibeke, has attributed the Nigeria Customs Service’s (NCS) 2026 Commonwealth Gold Award for Environment and Corporate Social Responsibility (CSR) to the impact of its Customs Cares initiative, describing the programme as a model for combining trade administration with sustainable community development.
Ibeke, Principal Consultant at International Trade Advisory Services ...
Yellow Card, a stablecoin infrastructure provider with a foothold in Nigeria, has announced the closing of a $40 million strategic funding round to further its global expansion.
The funding, it said, will scale Global USD Accounts, Yellow Card’s end-to-end dollar account for businesses, and expand the stablecoin rails connecting it to markets worldwide. This brings Yellow Card’s total ...
The Chartered Institute of Personnel Management of Nigeria (CIPM) has urged business leaders and human resource professionals to rethink traditional approaches to productivity.
The call was made at the Corporate Members’ Forum 2026, organised by CIPM under the theme, “Re-engineering Employee Productivity Amidst Macroeconomic Stress.”
The President and Chairman of the Governing Council of ...
Tanzania seeks fresh Dangote Tanzania investment in fertiliser production, energy, and industrial infrastructure to accelerate economic development and reg
NITDA calls for stronger collaboration among Nigerian regulators to establish a national innovation sandbox, fostering tech development and regulatory over
The National Malaria Elimination Programme and Sproxil Nigeria Limited are advancing the use of artificial intelligence to improve malaria surveillance in Nigeria, targeting gaps in data from private healthcare providers that officials say limit the government’s ability to track the disease and respond quickly. The partnership was reinforced at a two-day Strategic Alignment Meeting in
Nigeria is strategically positioning itself to capture a significant share of Africa’s $1tn AI economy, focusing on digital infrastructure, talent, and pol
Lagos isn’t drowning for lack of roads. Discover the real reasons behind Lagos flooding, from wetland destruction to poor urban planning, and what can be d
Oyo APC urges Osun voters to elect Bola Oyebamiji in the upcoming governorship election, citing the need for competent leadership and accountability in Osu
The CBN and Dangote Group are among top nominees for the 2026 Almond Insurance Industry Awards. Discover the full shortlist and voting details.
Osun State Governor Ademola Adeleke alleges former governor Adegboyega Oyetola plans to rig the upcoming Osun governorship election, vowing resistance.
Osun State Governor Ademola Adeleke’s campaign alleges police crackdown on supporters ahead of the governorship election, a claim the police deny. Learn mo
A PDP faction led by ex-Gov. Oyinlola dumps Adeleke, declares support for APC’s Bola Oyebamiji in the Osun 2026 election due to lack of inclusion.
Caverton Offshore Support Group reports a significant N8.688bn net loss in H1 2026, driven by soaring operational costs and high debt. Learn how Caverton l
Explore the reinvention of Nigeria’s intelligence community under DSS DG Adeola Oluwatosin Ajayi, fostering media partnership, accountability, and preventi
The Central Bank of Nigeria has cancelled a N700bn T-bills auction due to a severe liquidity squeeze after mopping up N4.69tn from the banking system.
LAWMA Academy launches its 2026 Summer School, training children aged 7-15 on waste management, recycling, and environmental stewardship to create young ec
The Nigerian Exchange (NGX) closed the week at a 245,573 weekly high, driven by strong investor demand and a significant banking sector rally.
Lasaco Assurance Plc successfully completes its recapitalisation, meeting NAICOM’s new capital requirements and strengthening its position in Nigeria’s ins
Ogun State Governor Dapo Abiodun urges residents to embrace sustained tree planting for climate resilience, highlighting the state’s commitment to environm
Governor Sanwo-Olu assures Lagos residents the Lagos-Badagry Bridge is structurally sound despite recent vandalism. Report suspicious activities to protect
By Godwin Anyebe WEST Africa has been fighting insecurity for decades, yet the region remains trapped in a cycle of violence. Extremist groups regroup after defeats, criminal networks adapt faster than governments, and communities liberated by force relapse into instability. The uncomfortable truth is that while the region has recorded important military victories, it has
The Kebbi State PDP is divided as prominent stakeholders back Governor Nasir Idris for re-election in 2027, while the state chapter disowns the endorsement
President Tinubu urges religious leaders to consistently speak out against terrorism, kidnapping, and banditry, and to promote peace and moral development.
Cameroon’s Indomitable Lionesses eliminate defending champions Nigeria’s Super Falcons from WAFCON 2026, securing a spot in the semi-finals and 2027 World
A new report reveals 570 people were killed in 596 security incidents across Nigeria in July 2026, with a focus on rural banditry and ISWAP attacks.
The Presidency and Atiku Abubakar are in a fresh war of words over the reported 5,091 Nigerians killed in three months, with each side blaming the other fo
The Rainbow Coalition’s reconciliation panel has begun talks with Rivers State Governor Siminalayi Fubara and his allies to resolve political differences.
Four Oyo APC governorship aspirants reconcile with Sharafadeen Alli, pledging support for the party’s victory in the 2027 elections. This Oyo APC reconcili
Adeniyi Adeyemi insists on media and lawyers’ presence before facing the House of Reps probe into the N1.32bn PFIPC scandal. Get the latest updates.
Atiku Abubakar accuses Olusegun Obasanjo of a 20-year campaign of lies and deceit, challenging recent allegations. Discover the full story of their politic
The APC has successfully uploaded all its candidates for the 2027 general elections, beating the INEC deadline. This demonstrates the party’s strong organi
President Bola Tinubu will open a JIBWIS and Muslim World League security conference in Abuja, focusing on kidnapping, banditry, and national unity.
There is a sacred covenant between a people and their government: while citizens surrender certain freedoms to the state, the state, in return, guarantees the sanctity of life and the security of property, which is fundamental. Once that covenant begins to crack, democracy loses its fragrance, and governance becomes a mere shadow of its constitutional
Explore how the Tinubu administration’s reintroduction of a regional economic model, inspired by Awolowo’s legacy, can drive sustainable development in Nig
The CIBN reaffirms its commitment to strategic partnerships with Lagos State and others to drive banking innovation and economic growth in Nigeria. Learn m
SERAP urges 2027 presidential candidates, including Tinubu, Atiku, and Obi, to publicly declare assets and reject vote-buying for transparency and accounta
By Peter Duru, Makurdi
A farmer in Kastina-Ala Local Government Area (LGA) of Benue State has been forced to abandon his farm after suspected bandits demanded N500,000 from him as a condition for accessing and harvesting his crops.
The farmer, whose identity was not disclosed, is a resident of Mbagena Council Ward in Kastina-Ala LGA, where suspected local bandits have allegedly been ...
The Nigeria Customs Service (NCS) says it uncovered 399 fully assembled Jojef firearms and assorted rifle parts following the detailed examination of a seized shipment at the Tin Can Island Port Command.
The service made this known in a statement by its National Spokesperson, Abdullahi Maiwada, on Sunday in Abuja.
Maiwada said the seizure was confirmed on Sunday after Customs ...