Abdullah Ahmed

Abductors Demand Prisoner Swap, Livestock for Ex-military Spokesman

Abductors Demand Prisoner Swap, Livestock for Ex-military Spokesman

The armed gang holding a former Nigerian military spokesman has demanded a prisoner swap alongside the restitution of seized cattle to secure his release. Major General Rabe Abubakar, who previously served as the Director of Defence Information, was ambushed on Saturday alongside his wife in northwestern Katsina State. Rather than seeking a standard financial payout,…

Read More
Regulator Imposes N100 Million Foreign Exchange Fines

Regulator Imposes N100 Million Foreign Exchange Fines

Commercial banks operating within the country will now face a 100 million Naira penalty for breaching foreign exchange operational guidelines. The Central Bank of Nigeria announced a strict disciplinary framework to curb speculative trading and stabilise the local currency. Financial institutions that fail to report accurate transaction data or facilitate unauthorized currency transfers will face…

Read More
Iran Defies Trump's Threats Amid Peace Talks

Tehran Flags Border Violence as Peace Talks Stall

Iranian diplomats have cast deep doubt over a proposed Washington peace deal. Tehran blames relentless Israeli military operations across Lebanon for freezing the delicate diplomatic track. The multi-front conflict has now entered its ninety-eighth day. United States mediators had initially reported significant progress toward a broad regional truce. However, the continuous bombardment of Beirut and…

Read More
Security Forces Swarm Osun for Governorship Poll

Police Uncover Illegal Arms Factory in Yobe

Detectives from the Yobe State Police Command have dismantled an illegal firearms manufacturing facility in Buni Yadi, Gujba Local Government Area. Security operatives arrested seven suspects during the raid, including the suspected mastermind of the fabrication ring. The police recovered an assortment of locally made weapons, specialised machinery, and raw manufacturing materials from the site….

Read More
$3.6 World Bank Loans Fail to Revive National Grid

$3.6b World Bank Loans Fail to Revive National Grid

Nigeria’s national electricity grid continues to collapse despite receiving 3.6 billion dollars in World Bank loans over the last decade. A comprehensive review of development finance reveals that massive capital injections failed to fix the country’s chronic transmission and distribution failures. The multi-billion-dollar funding aimed to stabilise power supplies, expand the national grid, and bring…

Read More
NSCDC Arrests Ten Infrastructure Vandals in Kano

NSCDC Arrests Ten Infrastructure Vandals in Kano

State security operatives dismantled a sprawling network of thieves targeting vital public utilities across Kano State. The Nigeria Security and Civil Defence Corps arrested ten suspects linked to systematic asset stripping and industrial theft. This coordinated crackdown comes amid a worrying surge in criminal attacks on public property in northern Nigeria. Security agencies face uphill…

Read More
Air Force Bombards Terrorist Logistics Hub in Sambisa

Air Force Bombards Terrorist Logistics Hub in Sambisa

The Nigerian Air Force launched a series of high-precision airstrikes, destroying a major terrorist logistics base in the Sambisa Forest. Aerial reconnaissance missions tracked insurgent movements to hidden enclaves within the notorious woodland before the operation. Fighter jets subsequently deployed guided munitions to level several structures used for storing weaponry, food rations, and fuel. Military…

Read More
Naira Holds Steady at N1,370 as Central Bank Intervenes

Naira Holds Steady at N1,370 as Central Bank Intervenes

The Nigerian Naira maintained relative stability against the United States Dollar during early morning trading across both official and parallel markets. Financial market data on Tuesday showed the local currency trading near N1,370.94 per dollar at the official window. Bureau de Change operators in Lagos and Abuja reported similar tight trading spreads, indicating a temporary…

Read More