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The Nigerian naira maintained its resilience against the United States dollar on Monday in both official and parallel markets. Data from the Nigerian Foreign Exchange Market showed the domestic currency trading at 1,357.26 naira per dollar at the official window. This figure represents a slight appreciation from the 1,361.05 naira recorded during previous trading sessions…
Nigeria’s data protection regulator has launched a sweeping sector-wide investigation into 1,369 domestic firms. The Nigeria Data Protection Commission suspects the targeted entities of systemic non-compliance with statutory privacy laws. The massive enforcement operation puts several prominent digital banks, insurance brokers, and gaming firms under intense regulatory scrutiny. It represents the largest coordinated crackdown on…
Legendary American singer, songwriter, and balladeer Peabo Bryson has died at the age of 75. His family announced that the two-time Grammy Award winner passed away peacefully in Marietta, Georgia, following a recent stroke. Bryson earned global acclaim as one of the definitive voices of contemporary R&B and soul music across a career spanning more…
Nigerian manufacturers spent N1.34 trillion on alternative energy sources in 2025 to keep their factories running. This expenditure represents a 71.4 percent surge from the N781.68 billion recorded in 2023. The Manufacturers Association of Nigeria disclosed these figures in a comprehensive evaluation of recent state reforms. The data shows that the industrial sector is paying…
The Osun State government has summoned an emergency security meeting following the mass abduction of students and teachers in neighbouring Oyo State. The state Ministry of Education met with local union leaders and state intelligence chiefs in Osogbo to draft defensive strategies. Governor Ademola Adeleke ordered the immediate revitalisation of the Safe School Initiative to…
The African Development Bank has warned that the continent’s trade finance deficit could reach an unprecedented $86.6 billion next year. Bank executives released the sobering projections during an international financial forum, highlighting a widening chasm that threatens regional economic integration. The expanding shortfall stems from global banking institutions aggressively scaling back their operations across emerging…
The federal government approved a 50 per cent reduction in fares across all passenger train services for the Eid-el-Kabir celebrations. The Federal Ministry of Transportation announced the policy directive in an official statement released by its permanent secretary on Tuesday. This temporary pricing intervention aims to lower intercity travel costs for citizens during a period…
The high-stakes political gamble by former ministers who resigned from the Federal Executive Council to pursue elective offices has largely backfired during the All Progressives Congress (APC) primary elections. Five cabinet members stepped down from their federal positions in compliance with the Electoral Act 2026, which mandates political appointees to resign before seeking elective posts…
Activist and politician Omoyele Sowore has formally declared his intention to contest the 2027 presidential election. Announcing his bid early on Saturday, the former publisher stated that his decision stems from an urgent need to completely dismantle and rebuild Nigeria’s political and economic structures. Sowore, who ran previous presidential campaigns under the banner of the…
Lagos State courts handled 35,461 criminal cases over the last three years, driven heavily by affluent coastal neighbourhoods. The Lagos Criminal Information System reveals that Lagos Island and the Lekki-Ajah corridor generated more than 27 per cent of these offences. Lekki-Ajah alone accounted for over 16 per cent of the total courtroom entries. Property crime…
