President Bola Tinubu has appointed Segun Aina as the new Registrar of the Joint Admissions and Matriculation Board (JAMB), replacing Is-haq Oloyede, whose second and final tenure ends on July 31, 2026. A statement issued by presidential spokesman Bayo Onanuga said Aina, who turns 40 in July, brings extensive experience in examination administration, digital infrastructure …
With Nigeria’s banking recapitalisation exercise now concluded, attention is shifting to whether stronger banks will finally channel more credit to agriculture, manufacturing, and small businesses, sectors widely seen as underserved despite their crucial role in driving economic growth. This position was outlined by Ummie Kabir, a PR consultant with Apex Media Services, who argued that …
The Securities and Exchange Commission (SEC) said it will begin a one-business-day settlement cycle (T+1) for equities and commodities transactions in Nigeria’s capital market from June 1, 2026. The move will replace the current two-day settlement system, the commission announced in a statement on Tuesday, May 19. It noted that the new framework is part …
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has issued a warning that it will sanction any entity operating in the midstream and downstream oil and gas sectors without the required licences, permits, or authorisations. The regulator’s warning is contained in a public notice issued on Sunday, May 17. The notice said the NMDPRA's …
Dangote Petroleum Refinery has reduced the ex-depot price of its aviation fuel, also known as Jet A1, to ₦1,650, down from ₦1,750 per litre, giving relief to airlines, passengers and Nigeria’s aviation sector generally. Other packages offered by the refinery include a 30-day interest-free credit facility for marketers and airline operators, backed by bank guarantees, and a shift …
Actor-turned-politician Desmond Elliot is facing what appears to be the toughest political battle of his career as growing opposition within the All Progressives Congress (APC) threatens his bid for a fourth term in the Lagos State House of Assembly. Elliot, who has represented Surulere Constituency 1 since 2015, has recently come under intense political pressure …
Controversial Islamic cleric, Sheikh Ahmad Gumi, is facing widespread backlash after suggesting that armed groups involved in kidnapping rely on ransom payments to sustain their operations, a comment many Nigerians have described as insensitive amid ongoing insecurity. The remarks, made during a televised interview, quickly triggered outrage across social media, with critics accusing him of …
Troops of Operation HADIN KAI, working in close coordination with the United States Africa Command (AFRICOM), have killed Abu-Bilal Al-Minuki, the Islamic State’s second-in-command globally, in what military authorities describe as the most significant counter-terrorism breakthrough in Nigeria’s North-East insurgency war in recent years. The high-profile operation, carried out in the early hours of Saturday …
Nigeria’s worsening unemployment crisis, rising rural insecurity, and persistent pressure on foreign exchange may find an unlikely solution in one commodity: sugar. The Executive Secretary and Chief Executive Officer of the National Sugar Development Council (NSDC), Kamar Bakrin, says a fully industrialised sugar sector could become one of the country’s most transformative economic tools capable …
The Economic and Financial Crimes Commission (EFCC) has brought popular social media personality and self-styled relationship coach, Blessing CEO, before the Federal High Court in Lagos over allegations of fraud involving ₦36 million. Blessing CEO, legally known as Okoro Blessing Nkiruka, was arraigned on Friday before Justice D.I. Dipeolu at the Federal High Court, sitting …
