The Securities and Exchange Commission (SEC) of Nigeria has increased minimum capital requirements for all regulated capital market entities. It disclosed this in a circular released on Friday, December 16, stating the aim is to boost market stability and align capital with evolving risk profiles. “This review is informed by the need to strengthen market …
Abdullahi Abubakar, the Muslim cleric who gained national and international recognition for sheltering Christians during the 2018 attacks in Plateau State, has died at the age of 92. The late cleric was the chief imam of Nghar village in Barkin Ladi Local Government Area of the state. Abubakar made headlines on June 23, 2018, when …
The Supreme Court has ordered the continuation of the trial of Sule Lamido, former governor of Jigawa State, and his sons over alleged money laundering involving N1.35 billion. In a judgement delivered on Friday, a five-member panel of the apex court set aside the decision of the court of appeal, which had upheld a no-case …
The Rivers State House of Assembly on Friday said it would proceed with the impeachment of Governor Siminalayi Fubara, despite claims by the state government that no impeachment notice has been formally served on the governor. The lawmakers made the declaration during an ongoing press conference in Port Harcourt, reaffirming their resolve amid the deepening …
The Nigeria Immigration Service (NIS) has rolled out an update to its passport tracking system aimed at improving transparency and addressing persistent delays in passport collection. The Service announced the development on Thursday via its official X handle, explaining that the update became necessary following the discovery that hundreds of already produced passports remained uncollected, …
The Director-General of the Securities and Exchange Commission (SEC), Emomotimi Agama, has called for the establishment of a joint rapid-response team between the SEC and the Nigeria Police Force (NPF) to combat online fraud and other financial crimes. Agama made the call during a meeting with the Inspector-General of Police (IGP), Kayode Egbetokun, in Abuja …
The Federal Government and the Academic Staff Union of Universities (ASUU) have reached an agreement on a 40 per cent salary increase and better academic allowances for university lecturers. The agreement was signed during a formal ceremony attended by government officials and ASUU leaders. As a result, lecturers can now expect improved welfare and incentives …
Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Mr Taiwo Oyedele, has revealed that Nigeria’s ongoing tax reforms have exposed him to threats against his personal safety. Oyedele disclosed this on Tuesday in Abuja while speaking at a governance colloquium organised to mark the 50th birthday of Hajiya Hadiza Bala Usman, Special …
President Bola Tinubu has announced that Nigeria will co-host Investopia with the United Arab Emirates (UAE) in Lagos next February. The conference aims to attract global investors and enhance sustainable investment inflows. Tinubu made the announcement on Tuesday during the 2026 Abu Dhabi Sustainability Week (ADSW), where Nigeria concluded a Comprehensive Economic Partnership Agreement (CEPA) …
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) and the Nigeria Revenue Service (NRS) have strengthened their partnership aimed at boosting revenue collection for the Federation. The decision was taken on Monday, when the new NUPRC Chief Executive, Oritsemeyiwa Eyesan, visited the NRS Chairman, Zacc Adedeji, at the corporate headquarters of the tax agency in Abuja. …
