The Economic and Financial Crimes Commission (EFCC) has handed over ₦1.28 billion recovered from Sujimoto Luxury Construction Ltd to the Enugu State Government, following investigations into the alleged diversion of funds meant for the construction of Smart Green Schools across the state. The funds were restituted through a combination of bank drafts and cheques, according …
The United States Embassy in Nigeria has reiterated that new visa restrictions affecting Nigerian and other foreign nationals remain in force, with key provisions of the policy already effective from January 1, 2026. In a statement issued via the embassy’s official X account, it stressed that the measure is being implemented in accordance with Presidential …
Nigeria's Liquefied Petroleum Gas (LPG) sector recorded a historic shift in 2025. For the first time, domestic suppliers provided the vast majority of the country's LPG, also known as cooking gas, with imports falling to less than 20 per cent of the total supply. Data released by the Nigerian Midstream and Downstream Petroleum Regulatory Authority …
The Centre for the Promotion of Private Enterprise (CPPE) has raised concerns over renewed calls for a special tax on sugar-sweetened non-alcoholic drinks in Nigeria, warning that such a move could harm the manufacturing sector and worsen economic pressures. CPPE said in a statement issued by its Chief Executive Officer, Muda Yusuf, on Monday, January …
Former Vice-President Atiku Abubakar has cautioned supporters of opposition leaders against trading insults, warning that such exchanges only serve the interests of the All Progressives Congress (APC). In a post on X on Tuesday, Abubakar said anyone who insults Peter Obi, former presidential candidate of the Labour Party, or himself does not have the interest …
Uganda’s opposition leader, Bobi Wine, has told the BBC that he will not contest the outcome of the presidential election, which declared President Yoweri Museveni the winner, in court, citing a lack of confidence in the country’s judiciary. Speaking to the BBC from hiding, Wine said he had instead called on his supporters to stage …
The Federal High Court in Abuja has granted the Bauchi State Commissioner for Finance, Yakubu Adamu, and three others bail in the sum of ₦100 million each over alleged $9.7 million terrorism financing and money laundering offences. Justice Mohammed Umar, in a ruling on Tuesday, held that Adamu and his co-defendants placed sufficient materials before …
A Jigawa State farmers' and herders' special court has ordered nine cattle herders to pay N500 million as compensation to farmers whose crops were destroyed in the Birnin Kudu Local Government Area of the state. The ruling was delivered on Tuesday by Yusuf Abubakar, who based his decision on relevant provisions of the Penal Code, …
President Donald Trump has said the United States (US) is seeking to take control of Greenland because of its critical strategic importance to American and global security. He argued that neither Denmark nor the North Atlantic Treaty Organisation (NATO) is capable of defending the vast Arctic territory against emerging global threats. He said this during …
Access ARM Pensions said it has surpassed the ₦4 trillion mark in assets under management (AUM). The company, a subsidiary of Access Holdings, revealed this in a statement on Wednesday. The milestone highlights its strong growth momentum following the October 2024 merger of Access Pensions and ARM Pensions. The combined entity’s AUM surged by over …
