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The Independent National Electoral Commission (INEC) has formally challenged the Federal High Court judgment that nullified its revised timetable and schedule of activities for the 2027 general elections, filing both a notice of appeal and a motion for stay of execution. The notice of appeal, dated and filed on May 25, was lodged through…
The Federal Government has lost access to $717.7m in undisbursed World Bank financing originally earmarked to rescue Nigeria’s troubled electricity sector, following a joint decision by both parties to terminate the Power Sector Recovery Performance Based Operation. According to restructuring documents obtained from the World Bank, the cancellation was triggered by a formal request…
The United States has disbursed a total of $187,352,312 in foreign assistance to Nigeria in 2026, according to updated data published on the US Department of State website on May 20, 2026, under the “US Foreign Assistance” report. The latest figures position Nigeria as the second largest recipient of American assistance in sub-Saharan Africa…
Yoruba nation activist, Chief Sunday Adeyemo, popularly known as Sunday Igboho, has announced that he is awaiting formal approval from the Federal Government to commence operations of his security outfit, the Iru Ekun Security Network, which he says is positioned to assist conventional security agencies in clearing criminal elements from forests across the South West….
The Federal High Court in Abuja on Monday adjourned a forfeiture suit filed by the Economic and Financial Crimes Commission (EFCC) against nine properties linked to former Bayelsa State Governor and ex-Minister of State for Petroleum Resources, Timipre Sylva, until July 16, citing the anti-graft agency’s failure to file a compliance report on an…
The Federal Government has lauded the Republic of Poland for its assistance to Nigerian students displaced by the Russia-Ukraine war, describing the solidarity as a significant pillar of the bilateral relationship between both nations. Ambassador Bianca Odumegwu-Ojukwu, Minister of Foreign Affairs, made the commendation on Thursday while receiving Poland’s Deputy Prime Minister and Minister…
The Nigeria Security and Civil Defence Corps sealed the Kaduna branch of Inner Galaxy Steel Company for allegedly operating a multi-billion-naira railway vandalism syndicate. A clinical raid conducted by the Commandant General’s Special Intelligence Squad resulted in the immediate arrest of twelve key suspects at the facility. Security operatives launched the sting operation following a…
Nairametrics Set To Host Second Capital Market Awards As Retail Investor Activity Surges Nairametrics, one of Nigeria’s foremost business and financial intelligence platforms, is preparing to host the second edition of its Capital Market Awards as part of broader efforts to deepen engagement with the country’s capital market ecosystem amid a renewed wave of investor…
Three years after a court order and months into contempt proceedings, the Socio-Economic Rights and Accountability Project (SERAP) has issued a fresh 48-hour ultimatum to the Federal Ministry of Finance, demanding full disclosure of all Nigerian contractors, subcontractors, consultants, and vendors who received payments under the controversial $460 million Abuja CCTV project. In a…
Nigeria is contending with extraordinary levels of insecurity, with approximately 2.2 million kidnapping incidents recorded within a single year and ransom payments estimated at N2.2 trillion, a security expert, Prof. Oyesoji Aremu, has said. Aremu, a security scholar at the University of Ibadan and Acting Vice Chancellor of Achievers University, Owo, Ondo State, made…
