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The Federal High Court in Abuja commenced an accelerated hearing today in a high-stakes legal battle challenging the legitimacy of the African Democratic Congress leadership under former Senate President David Mark. Justice Peter Lifu activated the fast-track trial schedule following explicit directives from the Supreme Court to resolve the internal party crisis expeditiously. The plaintiff,…
The Federal Government has deployed the first of five emergency flights to rescue citizens fleeing a sharp rise in anti-immigrant violence across South Africa. President Bola Tinubu approved the state-backed evacuation programme after deep hostility toward foreign workers flared into open intimidation and street violence. A commercial Boeing aircraft operated by Air Peace will fly…
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…
The Nigerian stock market abruptly snapped its months-long upward trajectory last week as aggressive profit-taking wiped billions off equity valuations. Total market capitalisation on the Nigerian Exchange Limited plummeted by over 4.91 trillion naira within a five-day trading window. This sharp reversal forced the aggregate value of listed equities down to 155.59 trillion naira from…
The Senate has abolished the fixed ten naira per litre excise duty on sugar-sweetened beverages across Nigeria. Lawmakers voted to replace the rigid volume-based tariff with an adjustable percentage-based tax tied directly to retail prices. The legislative shift follows the adoption of a comprehensive report by the Joint Committee on Finance and Customs, Excise and…
The Nigerian Air Force has deployed specialised aerial surveillance aircraft to track bandits who abducted dozens of school children and teachers in Oyo State. Armed criminal gangs seized 18 primary pupils, seven secondary students, and seven teachers during coordinated raids on communities in the Oriire Local Government Area. One teacher died during the initial assault…
The Federal High Court in Lagos has declared unlawful the National Assembly’s N110 billion vehicle and allowance schemes, holding that the planned spending of N40 billion on 465 vehicles for lawmakers and N70 billion in support allowances for newly elected members breached procurement laws, constitutional obligations, and the public trust. Justice Yellim Bogoro delivered…
A renewed dispute over Nigeria’s uneven security response has erupted after Special Assistant to President Bola Tinubu on Social Media, Dada Olusegun, condemned critics who questioned the swift rescue of the family of former Power Minister Adebayo Adelabu, equating their mindset with that of terrorists. Olusegun made the remarks in a series of posts…
Armenians went to the polls on Sunday in a parliamentary election widely viewed as a referendum on Prime Minister Nikol Pashinyan’s pivot toward the West, a shift that has strained the country’s traditional alliance with former imperial ruler Russia. The election is seen as a test of the government’s efforts to forge a peace…
The Pentagon has raised its counterintelligence threat level for Israel to the highest category, reflecting deepening concern within the United States defence establishment that one of Washington’s closest allies is intensifying efforts to spy on senior American officials. The Pentagon’s Defense Intelligence Agency in recent weeks issued the new counterintelligence threat assessment amid rising tensions…
