The United States’ action of arresting Venezuelan President Nicolás Maduro and his wife, Cilia Flores, on January 3, 2026, has unsettled governments far beyond Latin America and reignited debate over sovereignty, international law, and the future of resource-rich states such as Nigeria. The operation, code-named 'Operation Absolute Resolve', has been described by international law experts …
The Chief of Army Staff (COAS), Lt.-Gen. Waidi Shaibu, has reaffirmed the Nigerian Army’s commitment to restoring and sustaining peace and security in Plateau State and across the country. Shaibu gave the assurance on Tuesday during a courtesy visit to Plateau State Governor, Mr Caleb Mutfwang, and the Gbong Gwom Jos, Da Jacob Gyang Buba, …
The Adamawa State Independent Electoral Commission (ADSIEC) on Tuesday commenced the screening of candidates for the July 11 local government elections across the state’s 21 council areas, as preparations intensify ahead of the polls. The tenure of the current council officials, elected on July 13, 2024, will end on July 12, 2026. The screening exercise, …
Nigeria’s banking system recorded a broad-based rise in loan defaults in the final quarter of 2025. This is according to the Central Bank of Nigeria's (CBN) Fourth Quarter 2025 Credit Condition Survey Report, released recently. The report indicated that default balances increased across all major lending categories, underscoring growing repayment stress among households and businesses …
Nigeria's non-oil export sector achieved a historic milestone in 2025, reaching a record $6.1 billion in earnings. This represents an 11.5 per cent increase from the $5.46 billion recorded in 2024, marking the highest value since the Nigerian Export Promotion Council (NEPC) was established nearly 50 years ago. This was revealed on Monday in Abuja …
The Ohanaeze Youth Council (OYC) has raised concerns over the N30 million expression of interest forms being charged by the All Progressives Congress (APC) for the upcoming Ebonyi local government elections, warning that such high fees could encourage the looting of LGA funds in the future. Igboayaka O. Igboayaka, National President of OYC, expressed concern …
The National Drug Law Enforcement Agency (NDLEA) has arrested 77,792 drug offenders, including 128 major barons. It also secured 14,225 convictions and seized over 14.8 million kilograms of illicit substances in the past five years. This was announced by NDLEA Chairman/CEO Brig. Gen. Mohamed Buba Marwa (Rtd) at the 11th Chairman/Chief Executive Officer (CCEO) Awards …
Parallex Bank Limited has asked a Federal Capital Territory (FCT) High Court to dismiss a N7.15 billion suit filed against it by FHT Mega Express Limited over an alleged abuse of court process, forum shopping and suppression of material facts. In a notice of preliminary objection, the bank urged the court to set aside the …
Fire gutted a one-storey commercial building in Ikeja’s Computer Village, Lagos, early Tuesday, destroying property worth millions of naira. The blaze, which broke out around midnight on Somoye Street, affected a building housing dealers of computers and computer accessories. No casualties were reported, though a Lagos State Fire and Rescue Service official sustained minor injuries …
The International Monetary Fund (IMF) has raised Nigeria’s economic growth forecast for 2026 to 4.4 per cent. The Fund cited improved macroeconomic conditions and ongoing reforms as key drivers. According to the IMF’s January 2026 World Economic Outlook (WEO), titled “Global Economy: Steady amid Divergent Forces”, Nigeria’s economy will grow steadily from 4.1 per cent …
