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The Nigeria Sovereign Investment Authority (NSIA) has surpassed the $3 billion mark in total assets, signaling a maturation from its foundational mandate as a stabilization fund into a sophisticated architect of national economic systems. Established over a decade ago by an Act of Parliament to manage Nigeria’s sovereign wealth, the Authority has evolved into a…
The Federal Competition and Consumer Protection Commission (FCCPC) has unsealed the corporate headquarters of Ikeja Electric Plc following the power distribution company’s commitment to a binding remedial plan addressing consumer rights violations. In a statement issued on Friday, the Commission confirmed the decision, citing a formal undertaking by the electricity provider to resolve outstanding…
In a decisive move to address the escalating leadership crisis within the Peoples Democratic Party (PDP), the Independent National Electoral Commission (INEC) has summoned the party’s two rival factions to a critical reconciliation meeting at its national headquarters in Abuja. The intervention by the nation’s electoral umpire underscores the severity of the internal conflict, which…
President Bola Ahmed Tinubu has formally requested the National Assembly to repeal and re-enact the 2024 and 2025 national budgets, a move aimed at realigning Nigeria’s fiscal framework with current economic realities and ending the practice of overlapping appropriation cycles. In a letter dated December 18, 2025, and addressed to the Speaker of the…
A Deputy Superintendent of Police (DSP) has died from a self-inflicted gunshot wound while under investigation for allegedly diverting police weaponry to criminal gangs in Niger State. The officer, DSP Isah Abdullahi, reportedly shot himself inside a secured armory on December 16, 2025, as auditors confronted him over significant shortages in arms and ammunition….
Chelsea manager Enzo Maresca has unequivocally dismissed mounting speculation linking him to the Manchester City managerial position, labelling the rumors as baseless. Recent reports had suggested Maresca, a former assistant to City boss Pep Guardiola, could be a candidate to succeed his mentor at the Etihad Stadium. The 45-year-old Italian, however, moved to quash the…
Bauchi – The Federal Operations Unit, Zone ‘D’, of the Nigeria Customs Service has seized smuggled goods with a Duty Paid Value (DPV) of over ₦82.1 million in a two-week operation across nine states in the country’s North-East and North-Central regions. The Zone Comptroller, Mr. Abdullahi Kaila, disclosed this during a press briefing in Bauchi…
Abuja – The Federal Capital Territory (FCT) Police Command has reported a period of intense operational engagement and solemn loss, detailing its performance for the final quarter of 2025. In a press briefing held on Friday at the command headquarters in Abuja, the Commissioner of Police, Mr. Miller Dantawaye, presented the scorecard, revealing that nine…
The Independent Petroleum Marketers Association of Nigeria has revealed plans to venture into refinery ownership, subject to regulatory approval, as part of efforts to deepen domestic refining and reduce Nigeria’s reliance on imported petroleum products. The association also directed its members nationwide to prioritize the purchase of Premium Motor Spirit from the Dangote Petroleum…
A French court has sentenced Carole Sun, 30, to 10 years in prison for participating in a terrorist conspiracy linked to the Islamic State group. Sun, who travelled to Syria in 2014, was repatriated to France in 2022 after years in detention camps. The court found that she knowingly associated with high-profile IS…
