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Nigeria’s foreign exchange market opened the week on a mixed note as the naira strengthened marginally in the parallel market but weakened at the official window, highlighting persistent liquidity pressures and uneven supply dynamics. Latest figures show the naira appreciated to N1,387 per dollar in the parallel market, improving slightly from N1,389 per dollar…
Fresh court filings by the Federal Government have brought into focus an alleged network accused of plotting to destabilise Nigeria’s constitutional order, with six individuals set to face a 13-count charge bordering on treason, terrorism, and financial crimes. The defendants—retired Major General Mohammed Gana, retired Naval Captain Erasmus Victor, Inspector Ahmed Ibrahim, Zekeri Umoru,…
Nigeria’s electoral body has initiated legal action over a viral social media controversy, confirming plans to track and arrest individuals behind a fake account falsely linked to its chairman, Joash Ojo Amupitan. The Independent National Electoral Commission said its decision follows a detailed forensic and cybersecurity investigation which found no evidence connecting the chairman…
Fresh developments have emerged in the legal dispute involving former Minister of Innovation, Science and Technology, Uche Nnaji, as parties in the case have opted to pursue an out-of-court settlement. Proceedings before the Federal High Court in Abuja, presided over by Justice Hauwa Yilwa, were stalled on Monday after counsel to Nnaji informed the court…
AFC Bournemouth have confirmed the appointment of Marco Rose as their new head coach on a three-year contract, with the German set to take over from Andoni Iraola at the end of the current season. The decision, announced in a statement published on the club’s official website on Monday, concludes weeks of speculation surrounding…
Nigeria’s anti-corruption landscape has come under fresh scrutiny following the circulation of a viral video alleging a ₦50 billion bribery scandal, a claim firmly rejected by the Independent Corrupt Practices and Other Related Offences Commission. The commission, in an official statement released on Monday, described the video as entirely false, stressing that it neither…
The stark reality that more than half of Nigeria’s children sleep unprotected from malaria-carrying mosquitoes is drawing renewed focus as the nation prepares to mark the 2026 World Malaria Day. According to the Nigeria Malaria Indicator Survey (NMIS) 2025, just 44.9 per cent of children sleep inside an insecticide-treated net (ITN), while a troubling…
A sophisticated wave of ransomware attacks has battered Nigerian government agencies and tier-1 financial institutions over the past three weeks, exposing deep fragilities in the nation’s digitising economy. Reports from the National Information Technology Development Agency (NITDA) and the Corporate Affairs Commission (CAC) confirm that “coordinated and sophisticated” threat actors have breached critical infrastructure, causing…
The National Agency for Food and Drug Administration and Control (NAFDAC) has launched a nationwide surveillance and mop-up operation following the discovery of unregistered and suspected counterfeit toothpaste products bearing the “Coglaet” brand in Kaduna State, in what the agency describes as a potential risk to public health and safety. The development stems from…
Iran’s Foreign Ministry declared Monday that Washington is not genuinely pursuing a diplomatic resolution to the weeks-long war, accusing the United States of repeated ceasefire violations that have undermined fragile truce efforts. Ministry spokesman Esmaeil Baqaei, speaking at a weekly press briefing in Tehran, said American actions “do not in any way indicate seriousness…
