The re-arraignment of former Jigawa State Governor, Sule Lamido, alongside his sons and other defendants, was on Wednesday stalled at the Federal High Court in Abuja following a disagreement over which judge should continue hearing the case. The Economic and Financial Crimes Commission (EFCC) insisted that the matter be returned to the original trial judge, …
The Federal High Court sitting in Kaduna has adjourned till April 14 for ruling on the bail application filed by former Kaduna State Governor, Nasir El-Rufai. El-Rufai is being prosecuted by the Independent Corrupt Practices and Other Related Offences Commission (ICPC) on a 10-count charge bordering on allegations of corruption. Speaking with journalists shortly after …
The Central Bank of Nigeria (CBN) said it has concluded the banking sector recapitalisation programme, announcing that banks raised a total of ₦4.65 trillion. The apex bank said this in a statement issued on Wednesday, April 1, signed by its Director of Banking Supervision, Olubukola Akinwunmi, and Acting Director of Corporate Communications, Hakama Sidi Ali. …
Millions of Nigerian households and businesses are bracing for a potential spike in electricity tariffs as the Federal Government officially increased the price of natural gas supplied to power generation companies (GenCos). The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) disclosed on Tuesday, in a public announcement, that the Domestic Base Price (DBP) for …
Nigeria is once again in the grip of grief and fear as fresh attacks in 2026 have left communities shattered and families buried in mourning, with no clear end in sight. The deadly Palm Sunday attack in Agwan Rukuba community in the Jos North Local Government Area of Plateau State has become the latest symbol …
The federal government has said the recent killings in the Angwan Rukuba area of Jos North LGA of Plateau State occurred in a conflict-prone community and do not indicate a breakdown of national security. At least 28 residents were killed in the attack on Sunday. Speaking at a press conference on Tuesday at Radio House …
Nigeria’s total public debt is projected to rise to ₦155.1 trillion following the Senate’s approval of a fresh $6 billion loan request by President Bola Ahmed Tinubu. The approval, granted within hours, adds about ₦8.4 trillion at an exchange rate of ₦1,400 per dollar to the country’s debt stock, which stood at ₦146.69 trillion as …
No fewer than 241 people died, while 459,995 others were affected by floods across 27 states and 128 local government areas in 2025, the National Emergency Management Agency (NEMA) has said. The agency noted that the impact was lower than in the previous year. It linked the improvement to better planning and response. Speaking in …
Global oil prices spiked sharply as tensions around the Strait of Hormuz raised fears of supply disruption. Brent crude rose to $118.2 per barrel, while WTI climbed to $102.5, creating a wide gap between the two benchmarks. The surge followed remarks by Donald Trump, who urged countries facing jet fuel shortages due to the disruption …
Ongoing tensions in the Strait of Hormuz are disrupting global energy and fertilizer flows. Shipping through the key waterway has dropped the by over 95 per cent. This sharp decline is affecting oil, gas, and fertilizer movement worldwide. Energy prices have surged across regions due to the disruptions. Higher oil and gas costs are pushing …
