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The Africa Centres for Disease Control and Prevention and the World Health Organisation have launched a joint $518 million emergency plan to halt a spreading Ebola outbreak across the continent. Public health officials designed the six-month operational strategy to bolster rapid containment, cross-border surveillance, and medical countermeasures in affected countries. The global health coalition seeks…
The Federal Government has slashed the maximum reimbursable imprest for ministers to 700,000 naira as part of a severe fiscal tightening campaign. This cash ceiling represents a key pillar of a new regulatory strategy designed to curb institutional waste across Ministries, Departments, and Agencies. The sharp reduction appeared in the 2026 Annual General Imprest Warrant…
The Lagos State Electricity Regulatory Commission has named 38 companies operating across Lagos that have failed to apply for licences and the necessary regularisation despite repeated directives, raising fresh questions about compliance in the state’s emerging electricity market. The firms, which include MTN, Flour Mills, Golden Penny, First Global Commerce Solutions Limited, African Steel…
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…
