The Defence Headquarters (DHQ) has revealed that troops of Operation Delta Safe foiled oil theft worth ₦545,872,819 in August. The Director of Defence Media Operations, Maj.-Gen. Markus Kangye, disclosed this during the monthly military operations briefing on Thursday in Abuja. READ ALSO: Troops Foil Abduction, Rescue Six Children in Katsina Village Kangye said troops recovered 619,236 …
The Federal Competition and Consumer Protection Commission (FCCPC) has directed all digital lenders, also known as loan apps, to register with it within 90 days or risk a fine of ₦100 million. The directive is contained in the new regulations the FCCPC rolled out to address digital lenders' abusive practices, harassment of borrowers and breach …
The Securities and Exchange Commission (SEC) has approved a new cycle to be allowed for settlement of capital market transactions in two days (T+2). Chief Executive Officer (CEO) of the Central Securities Clearing System (CSCS), Haruna Jalo-Waziri, said on Wednesday, September 3. He noted that following the SEC approval, the Nigerian capital market will migrate …
A 5.5-magnitude earthquake shook southeastern Afghanistan on Tuesday, just two days after a larger quake devastated the same region, killing more than 1,400 people and injuring over 3,500. Rescue workers and residents are still digging through the rubble of villages flattened by Sunday’s 6.0-magnitude quake. The latest aftershock sparked renewed fears of further damage and …
The Nigeria Customs Service (NCS) promoted 3,312 officers and appointed four Deputy Comptroller-Generals (DCGs) along with twelve Assistant Comptroller-Generals (ACGs). The decisions came during the 63rd regular meeting of the NCS Board (NCSB) on September 2, 2025, chaired by the Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun. The newly appointed …
Chinese President Xi Jinping warned the world is facing a choice between peace and war during a massive military parade in Beijing on Wednesday. For the first time, Russia’s Vladimir Putin and North Korea’s Kim Jong Un joined Xi in a public show of force. The event marked 80 years since Japan’s defeat in World …
The United States government has announced a generous contribution of ₦49.8 billion ($32.5 million) to the World Food Programme (WFP) Nigeria, aimed at addressing the growing food insecurity crisis affecting millions of Nigerians, particularly those in conflict-affected regions. The donation is expected to play a critical role in providing vital food and nutrition assistance to …
The Lagos State government said it has slashed the fare for the Lagos Rail Mass Transit Blue Line by 50 per cent on Thursday, September 4, 2025, to mark its second anniversary. The state governor, Babajide Sanwo-Olu, announced this on his official X handle on Wednesday, September 3. “I am pleased to announce a 50% reduction …
Lagos is preparing to make history as it hosts the continent’s first-ever E1 Electric Powerboat Championship from October 3 to 5, 2025, in Victoria Island. The Lagos State Government and the organisers of the E1 Series confirmed their readiness, promising a world-class event that will bring together more than 250 international sports personalities. The E1 …
Venezuela’s government is quietly allowing the use of dollar-pegged cryptocurrencies in private-sector currency exchanges as U.S. sanctions squeeze oil revenues and reduce the flow of foreign currency. U.S. restrictions on oil exports, described by Caracas as “economic war,” have made it harder for businesses to access dollars. Companies seeking raw materials must often exchange bolivars …
