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Kogi State has solidified a strategic cooperation agreement with Hezheng Holdings Group and Hezheng Digital Technology Co., Ltd. to accelerate its Special Agro-Industrial Processing Zone (SAPZ) programme. This move signals a transition from conceptual design to operational implementation, aimed at transforming the state into a premier agricultural and industrial hub. Central to the partnership is…
The United States Treasury has sanctioned Hengli Petrochemical, China’s second-largest independent “teapot” refinery, for its role in financing the Iranian military. Officials allege the refinery acted as a primary purchaser of Iranian crude, funneling hundreds of millions of dollars to Tehran. This move intensifies Washington’s broader campaign to dismantle Iran’s “shadow fleet” and starve the…
Troops of Operation Enduring Peace have raided a clandestine arms manufacturing site in Gwandanu Village, Plateau State. The tactical operation, executed on Wednesday evening, resulted in the arrest of two individuals engaged in the illegal fabrication of firearms. Military personnel seized a significant quantity of specialized tools and finished weapons from the location. The recovery…
The Federal Government has formally inaugurated the Governing Board of the Corporate Affairs Commission (CAC) and an Intellectual Property Steering Committee in Abuja. Dr. Jumoke Oduwole, the Minister of Industry, Trade, and Investment, presided over the ceremony, framing the commission as the foundational legal structure of the Nigerian economy. The board’s mandate is clear: enhance…
The Central Bank of Nigeria (CBN) has issued an urgent warning to the public regarding a rise in fraudulent online communications, emails, and text messages falsely claiming to originate from the bank. In a statement released Tuesday by the Acting Director of Corporate Communications, Hakama Sidi Ali, the apex bank cautioned that these messages are…
Pope Leo XIV will visit Bata prison on Wednesday during the final leg of his 11-day apostolic journey across Africa. This visit to the overcrowded facility highlights the pontiff’s ongoing focus on human dignity and the struggles of the marginalized. The Pope’s itinerary includes meetings with families and youth at a stadium in Bata, alongside…
The Central Bank of Nigeria (CBN) is implementing significant reforms to the Bank Verification Number (BVN) system, effective May 1, 2026. These measures aim to curb rising fraud and secure digital financial channels. Customers must adapt to stricter protocols regarding device usage, identity verification, and account management. The apex bank is prioritising system integrity over…
Gunmen abducted 15 passengers on the Calabar-Oron waterways last Friday. The victims were travelling by ferry from Cross River to Akwa Ibom when the attackers struck. Police confirmed the incident following a report from a naval officer. Security forces now scramble to track the kidnappers. The trail remains cold for now. The Cross River police…
President Donald Trump confirmed the United States will maintain a naval blockade of Iranian ports until a permanent peace deal ends the current conflict. The ceasefire, which enabled Iran to reopen the Strait of Hormuz on Friday, faces a critical expiration this Wednesday. Mr. Trump told reporters aboard Air Force One that he might choose…
Nigeria’s fiscal prospects have brightened as the price of its premium crude grades, Brass River and Qua Iboe, soared to $113 per barrel on Thursday. This valuation places Nigerian oil significantly above the international Brent benchmark, which currently trades at $96 per barrel. The surge coincides with a jump in domestic production, which has reached…
