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Naira Closes in the Red at ₦1,341.35/$

The foreign exchange (FX) market witnessed increased demand during Thursday’s trading session, driven by risk-off sentiment among Foreign Portfolio Investors (FPIs). The heightened demand tilted...

Budget Implementation: Senate Queries Economic Team, Mulls Cut to ₦58.7tn 2026 Estimate

The Senate on Tuesday confronted the President’s economic team over the poor implementation of the 2025 budget and what it described as unrealistic assumptions...

FCT LG Polls: Wike Declares Work-Free Friday, Imposes Movement Restriction

Ahead of the Saturday, February 21 Area Council elections in the Federal Capital Territory (FCT), the FCT Minister, Nyesom Wike, has declared Friday a...

Nasir El-Rufai Detained by ICPC Amid Ongoing Financial Investigation

The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has confirmed that Nasir El-Rufai, former Governor of Kaduna State, is currently in its...

How Alleged ₦5.78bn Kwara UBEC Funds Were Spent on Salaries, Loans, Road Projects – EFCC Witness

The trial of former Kwara State Governor, Abdulfatah Ahmed, and his Commissioner for Finance, Ademola Banu, over the alleged diversion of ₦5.78 billion Universal...

Lagos Court Jails Man One Year for ₦37m Forex Fraud

Justice Olubunmi Abike-Fadipe of the Special Offences Court sitting in Ikeja, Lagos, on Monday, February 16, 2023, convicted and sentenced one Henry Daniel to...

Court Freezes FDGS Energy Assets Over $7.9m, ₦399m Keystone Bank Debt

The Federal High Court sitting in Lagos has granted sweeping interim orders freezing the assets and operations of FDGS Energy Group of Companies Limited...

Tinubu Signs Amended Electoral Act 2026 into Law

President Bola Tinubu on Wednesday signed the Electoral Act 2026 (Amendment) Bill into law, just days after the Independent National Electoral Commission (INEC) released...

Dangote Predicts Naira Will Hit ₦1,000 to $1 This Year, Backs FG’s Policies

The Chairman of the Dangote Group, Aliko Dangote, has predicted that the naira will strengthen to ₦1,000 to $1 before the end of the...

Alleged $6bn Mambilla Power Fraud: FEC Directed Agunloye to Withdraw Contract Award — Witness

The third prosecution witness (PW3), Umar Hussein Babangida, on Tuesday, February 17, 2026, restated before Justice Jude Onwuegbuzie of the Federal High Court sitting...

NURTW to Commission Bola Tinubu–Named Motor Park in Ebute Metta

The Lagos State chapter of the National Union of Road Transport Workers (NURTW) is set to officially inaugurate a newly constructed motor park named...

Senate Passes Electoral Act Amendment Bill

The Senate on Tuesday passed the Electoral Act, 2022 (Repeal and Re-Enactment) Bill, 2026. Before its passage, the upper chamber witnessed a rowdy session as...

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