President Bola Tinubu has approved significant interventions in the Nigerian aviation sector to prevent the imminent shutdown of operations by domestic airlines over the high cost of fuel. Speaking after a high-level emergency stakeholders’ meeting on Wednesday, Minister of Aviation and Aerospace Development, Festus Keyamo, said President Tinubu approved debt relief and a tax review …
The Nigerian government can unlock a $74 billion livestock industry if it abandons failed state-led models like Ajaokuta and adopts a private sector-driven “catalyst model", Chairman of the Alliance for Economic Research and Ethics, Dele Kelvin Oye, has said. Speaking at the 2026 Vanguard Newspaper Annual Economic Conference on Wednesday, Oye warned that Nigeria risks …
Seven Nigerian banks wrote off about ₦2.38 trillion in bad loans in 2025, as the Central Bank of Nigeria’s (CBN) stricter stance on forbearance and loan classification forced lenders to clean up long-standing credit risks. A review of banks' financial statements reveals that the write-offs, which cut across Zenith Bank, First HoldCo, GTCO, Stanbic IBTC, …
Minister of Power Adebayo Adelabu has officially resigned his position to run for governor of Oyo State in 2027. In a letter dated April 22, 2026, and addressed to President Bola Tinubu and routed through the Secretary to the Government of the Federation (SGF), Adelabu stated that his resignation takes effect on April 30, 2026. …
The Federal High Court in Abuja has ordered the remand of five out of six suspects involved in an alleged attempt to overthrow President Bola Tinubu, in a case involving treason, terrorism, and related offences. The remand order followed their arraignment by the Federal Government, led by the Minister of Justice and Attorney-General of the …
A factional Chairman of the Peoples Democratic Party (PDP), Kabiru Turaki, was on Wednesday arraigned before a Federal Capital Territory (FCT) High Court in Maitama, Abuja, over an allegation of providing false information to the Inspector-General of Police (IGP). Turaki, who was brought before Justice Peter Kekemeke on a one-count charge, pleaded not guilty. According …
The Supreme Court has reserved judgment in an appeal filed by former Senate President, David Mark, over the leadership dispute in the African Democratic Congress (ADC). A five-member panel of the apex court, led by Justice Mohammed Garba, fixed a date for judgment after hearing arguments from all parties on Tuesday. During proceedings on Wednesday, …
Chelsea have officially parted ways with head coach Liam Rosenior, bringing an abrupt end to his tenure at Stamford Bridge amid mounting pressure over the club’s recent performances. The decision follows a series of inconsistent results that left the Blues struggling to meet expectations this season, prompting the club’s hierarchy to act in a bid …
Dangote Group has achieved its first oil from its upstream assets in the Niger Delta, marking its entry into crude production. The company is currently producing 4,500 barrels per day (bpd) from the Kalaekule field on Oil Mining Lease (OML) 72. Vice President of Dangote Group's Oil and Gas Division, Devakumar Edwin, disclosed …
The Supreme Court on Wednesday reserved judgement in an appeal seeking to validate the outcome of the Peoples Democratic Party (PDP) national convention held in Ibadan, Oyo State, on November 15 and 16, 2025. The appeal, marked SC/CV/164/2026, was filed by the factional national executive led by Tanimu Turaki (SAN), which emerged from the convention. …
