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Nigeria and the African Union (AU) are intensifying efforts to bridge the continent’s severe water access gap, with Abuja serving as the primary hub for the initiative. Minister of Water Resources and Sanitation, Joseph Utsev, hosted a high-level AU delegation this week to align national policies with the broader African Water Vision 2063. The discussions…
The United States and Iran stand on the brink of renewed hostilities as the two-week ceasefire approaches its final hours. President Donald Trump has signalled a low probability of extending the truce, warning that “lots of bombs” will follow if negotiations fail. Vice President JD Vance is expected to depart for Islamabad to lead an…
Terrorists linked to the Ansaru faction attacked a military camp in Kaiama, Kwara State, early Monday morning. The gunmen killed three soldiers and injured four others, including one local vigilante. They struck Kemanji village around 3 a.m. This site sits near the Kainji National Park. Insurgents often use this park as a base for their…
Airline operators have temporarily shelved plans to cease flight operations, averting a national transport crisis scheduled for 20 April. The Airline Operators of Nigeria (AON) agreed to the pause following an emergency appeal from the Minister of Aviation and Aerospace Development, Festus Keyamo. The government warned that a shutdown would cripple the economy and devastate…
The Nigeria Deposit Insurance Corporation (NDIC) has begun the final legal process to wind down 89 defunct Microfinance Banks (MFBs) and Primary Mortgage Banks (PMBs). These institutions were part of a larger group of 183 lenders whose licences were revoked by the Central Bank of Nigeria (CBN) in May 2023. The corporation is now approaching…
The White House is engineering a diplomatic breakthrough between Israel and Lebanon, with President Donald Trump announcing that leaders from both nations will speak on Thursday. This potential dialogue follows the first direct, high-level meeting between officials from the two rivals since 1993, held in Washington on Tuesday. Trump stated on his Truth Social platform…
Joint military forces have dismantled several camps belonging to the Indigenous People of Biafra (IPOB) and its armed wing, the Eastern Security Network (ESN), across the South-East. The operation, conducted under the banner of Operation Eastern Sanity, resulted in the recovery of anti-tank explosives, firearms, and millions in cash. Troops used bulldozers and chainsaws to…
The Federal Government will use this week’s IMF and World Bank Spring Meetings in Washington, DC, to lobby for lower borrowing costs and fairer global financial terms. This diplomatic push comes as the escalating US–Israel–Iran conflict disrupts energy markets and tightens capital flows to emerging economies. Finance Minister Wale Edun aims to convince global lenders…
The Nigerian Navy has arrested 26 crew members and seized three motor tankers following a midnight raid in the Calabar-Akwa Ibom maritime corridor. Troops from the Joint Task Force, Operation Delta Safe, intercepted the vessels while they were reportedly siphoning crude oil from a wellhead on April 8. This operation marks one of the most…
The Nigerian Naira began the trading week with measured stability, opening at N1,358.84 per Dollar in the official market on April 13. Early volatility saw the currency touch N1,362.08 before central bank liquidity management tethered it back to its starting range. This official rate reflects the ongoing effort by monetary authorities to curb wild fluctuations…
