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The National Drug Law Enforcement Agency has notched a significant security victory following the interception of 10,000 pills of Captagon in Kwara State. Officers patrolling the Bode Saadu Road apprehended 33-year-old Nasiru Mu’azu on April 21, uncovering the amphetamine stash alongside a supply of the opioid Tapentadol. Captagon, a drug synonymous with insurgent groups and…
The Nigerian football community mourns the sudden passing of former Super Eagles forward Michael Eneramo. He collapsed and died on Friday morning during a local friendly match in Ungwan Yelwa, Kaduna. The 40-year-old reportedly suffered a cardiac arrest five minutes into the second half of the game. He had completed the first half before the…
President Donald Trump will invite Vladimir Putin to December’s G20 summit in Miami. The administration maintains that all members must attend the leaders’ gathering. This move signals a deliberate shift in Western diplomatic posture. It prioritizes direct engagement over the isolation seen since 2022. The Kremlin has yet to confirm the Russian leader’s attendance. Trump…
The Nigerian National Petroleum Company (NNPC) Limited has significantly scaled its crude supply to the Dangote Oil and Gas Company, delivering over 1.03 million metric tonnes of crude in April 2026. This volume equates to roughly 6.8 million barrels or 1.08 billion litres. Eight major cargoes handled by the NNPC trading arm facilitated this flow,…
Apple announced on Monday that John Ternus will succeed Tim Cook as Chief Executive Officer, effective September 1, 2026. Mr. Cook, who has helmed the technology giant for 15 years, will transition to the role of Executive Chairman of the Board. He will continue to serve as CEO throughout the summer to ensure a seamless…
Pension fund assets tied to Federal Government of Nigeria (FGN) debt securities climbed by 16.9 per cent year-on-year to N16.925 trillion in February 2026. This figure stood at N14.468 trillion during the same period last year. The total net asset value of the pension industry grew by 28.7 per cent to N29.426 trillion over the…
The Central Bank of Nigeria has launched the Nigerian Overnight Financing Rate (NOFR) to serve as the primary benchmark for the domestic money market. Developed alongside the Financial Markets Dealers Association, the rate replaces older, fragmented methods of measuring short-term liquidity. It aims to improve transparency and sharpen the transmission of monetary policy. The bank…
Nigeria’s gross revenue reached a cumulative N84tn over the last three years, yet 41.1% of these earnings never reached the federation’s distribution pool. Findings from the World Bank’s latest Nigeria Development Update reveal that “pre-distribution deductions” are quietly hollowing out the treasury. While total earnings climbed to N37.44tn in 2025, the amount siphoned off for…
The United States has deployed over 15 warships to the Strait of Hormuz to enforce a counter-blockade, halting maritime traffic in the world’s most critical oil chokepoint. The move follows the collapse of regional peace negotiations and a directive from Washington to secure the waterway against Iranian influence. Two China-linked oil tankers, the Rich Starry…
Habib Beye has dismissed suggestions that Tochukwu Nnadi could leave Olympique de Marseille this summer, despite the Nigerian midfielder’s limited playing time. The 22-year-old joined the French giants from Zulte Waregem for €6 million in January but has struggled to break into a congested starting eleven. Since his arrival, Nnadi has managed only 26 minutes…
