Ayomide Kuku

FX Market Opens With Mild Fluctuations at N1,339.93

Naira Holds Steady at N1,380 Against Dollar

The Nigerian naira opened the final trading week of June holding steady at N1,380.05 against the US dollar in the official foreign exchange market. Minor intra-day fluctuations settled quickly during early morning trading operations. This stability follows a sequence of aggressive liquidity interventions by monetary authorities throughout the month. Corporate buyers are matching their demands…

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Oyo Police Rescue Stolen Baby In Ido

Lagos Police Intercept Sacks Of Military Uniforms

The Lagos State Police Command has intercepted forty-seven sacks of military camouflage uniforms and eighty cartons of illicit drugs in a major intelligence-led operation. State Commissioner of Police Fatai Tijani disclosed the significant breakthrough during a press briefing at the command headquarters in Ikeja on Tuesday. Detectives from the Anti-Kidnapping Unit intercepted the illicit cargo…

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National Diesel Supply Plunges 40% -NMDPRA

Regulator Issues Fresh Petrol Permits As Stocks Decline

The federal government has issued fresh refined product import permits to independent marketers for the third quarter of 2026. The Nigerian Midstream and Downstream Petroleum Regulatory Authority approved the licenses to prevent potential domestic fuel shortages between July and September. The tactical intervention follows a noticeable decline in national fuel stock levels over the past…

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NADECO Rejects Abdulsalami's Claims On Abiola's Death

NADECO Rejects Abdulsalami’s Claims On Abiola’s Death

Prominent leaders of the National Democratic Coalition have fiercely rejected historical claims made by former Head of State, General Abdulsalami Abubakar. The pro-democracy veterans, Colonel Tony Nyiam and Chief Ayo Opadokun, dismissed assertions published in the general’s new autobiography, Call of Duty. Abdulsalami claimed that NADECO figures privately lobbied him in 1998 to extend military…

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Vance Defends Tehran Agreement but Swiss Talks Postponed

Vance Defends Tehran Agreement but Swiss Talks Postponed

US Vice President JD Vance delayed his diplomatic mission to Switzerland following a surge in Israeli military operations inside southern Lebanon. The white-hot regional friction threatens to derail a newly minted memorandum of understanding aimed at ending the 112-day war between Washington and Tehran. Speaking from the White House, Vance aggressively defended the preliminary accord…

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