National Pension Commission (NPC) has granted Pension Fund Administrators a one-off waiver to invest contributors’ funds in the planned Initial Public Offering of Dangote Petroleum Refinery & Petrochemicals (FZE). The approval, issued in a circular to Pfas, temporarily removes requirements under Section 6.2.7.1 (iii) of the Revised Regulation on...
By NGOBUA JOHNNIE, Abuja
Debt Management Office (DMO) is back in the domestic market today Monday, 18 with a N600 billion bond reopening, led by the government’s most active long-dated security, the 22.60 percent FGN January 2035 bond. According to the DMO announcement, the offer is split into two tranches of N300 billion...
Nigeria Revenue Service (NRS) has launched a Unified Taxpayer Identification System for all taxable persons, marking a major step in its push to modernize tax administration. The rollout was announced Monday 18 by the NRS and the Joint Revenue Board (JRB) under Sections 6, 7 and 8 of the...
Federal High Court in Abuja has granted bail to a former Kaduna State Governor, Nasir El-Rufai, in the sum of N100 million with one surety in like sum. The former governor, who admitted on national television to wiretapping the National Security Adviser (NSA), Mallam Nuhu Ribadu, is being charged...
African Democratic Congress (ADC) on Monday condemned the continued detention of former Kaduna State Governor, Mallam Nasir El-Rufai, following reports that authorities denied him access to his doctors and prevented his wife from delivering food to him in custody. In a statement by its National Publicity Secretary, Mallam Bolaji...
Nigeria Police Force (NPF) has recorded a major breakthrough in the fight against transnational organised crime following the dismantling of a human trafficking and fraudulent exploitation syndicate operating within the Federal Capital Territory and neighbouring communities. The Force spokesman, DCP Anthony Placid, disclosed this in a statement issued on...
Economic and Financial Crimes Commission (EFCC), Kano Zonal Directorate, has begun investigation of two male suspects: Jamilu Shuaibu Waya and Usman Namadi for a total sum of $461,600 (Four Hundred Sixty One Thousand, Six Hundred United States Dollars) undeclared to men and officers of the Nigeria Customs Service (NCS),...
The Economic and Financial Crimes Commission (EFCC), Kano Zonal Directorate, on Monday, May 18, 2026 officially handed over recovered monetary exhibits totaling ₦837,485,389.00 to the Katsina State Government. The handover followed separate investigations into two major cases involving stolen public funds belonging to the state. In the first case,...
Justice Jude Onwuegbuzie of the Federal Capital Territory High Court, sitting in Apo, Abuja on Monday, May 18, 2026 sustained the arrest warrant he issued against the former Minister of Humanitarian Affairs, Sadiya Umar Farouq on April 16, 2026. The former Minister, alongside tow others, Bashir Nura Alkali and...
Minister of the Federal Capital Territory (FCT), Nyesom Wike, on Monday ordered a full-scale investigation into the building collapse in Abuja that claimed five lives, directing that the premises be sealed off immediately. Wike also disclosed that an engineer linked to the collapsed structure had been arrested, while the...
Detectives of Agbado Division, Ogun State Police Command, have arrested one Adeshola Muyiwa ‘M’, aged 23 years over his involvement in serial fake bank transfer fraud within Agbado axis and its environs. The Command’s spokesperson, DSP Oluseyi Babaseyi, confirmed the arrest in a statement issued on Monday in Abeokuta....
President Bola Tinubu has condemned as barbaric the reported killing of one of the abducted teachers from the Esiele community in Oyo State, while the rescue operation is underway. Bandits invaded the Esiele community in Oriire Local Government Area of Oyo State last Friday. They abducted staff, students, and...
Borno State Governor, Professor Babagana Zulum has reaffirmed the commitment of the people of the state to support President Bola Ahmed Tinubu and all candidates of the All Progressives Congress in the forthcoming 2027 general elections. Governor Zulum made the commitment on Monday during the All Progressives Congress (APC)...
Economic and Financial Crimes Commission (EFCC) on Monday, May 18, 2026, secured a final forfeiture order of a Hawker private Jet 125 before Justice Emeka Nwite of the Federal High Court, Maitama, Abuja over its link to fraud, corruption and money laundering regarding the Maiduguri Emergency Power Project (MEPP)....
Minister of the Federal Capital Territory (FCT), Nyesom Wike, has said he was targeting no fewer than 20 projects for inauguration during President Bola Tinubu’s third anniversary. Wike, who stated this after he inspected some ongoing projects in Abuja on Monday, added that a definite list of projects to...
Former member of the House of Representatives, Omorgie Ogbeide-Ihama, has emerged winner of the All Progressives Congress (APC) Edo South Senatorial District primary election after defeating serving Senator Ned Imasuen and former governorship candidate, Osagie Ize-Iyamu. Ogbeide-Ihama secured a total of 27,154 votes to defeat Imasuen, who polled 13,580...
Borno State Governor, Professor Babagana Umara Zulum, has approved the appointment of Engr. Dr. Babagana Mustapha Mallumbe as the Acting Chief of Staff to the Governor. Until his appointment, Dr. Mallumbe is the Deputy Chief of Staff (DCOS I) to the Governor. Governor Babagana Zulum has also approved the...
Plateau State chapter of the All Progressives Congress (APC) has declared Hon. Yusuf Gagdi as the winner of the party’s House of Representatives primary election for the Pankshin/Kanke/Kanam (PKK) Federal Constituency, rejecting earlier results that named another aspirant victorious. Confusion erupted after conflicting results emerged from the primary election...
The Independent Media and Policy Initiative (IMPI) has defended President Bola Tinubu’s debt-for-infrastructure policy, insisting that strategic borrowing remains critical to addressing Nigeria’s huge infrastructure deficit and stimulating long-term economic growth. In a policy statement issued by its Chairman, Dr. Omoniyi Akinsiju, the group argued that criticisms against the...
Nigeria’s Minister of Education, Dr. Tunji Alausa, has showcased Successes recorded in the education sector under President Bola Tinubu saying they would impact generations to come. The minister spoke on Monday during a special roundtable session at the Education World Forum (EWF) in , London, United Kingdom, where he...