Gunmen attacked the village of Kasuwan-Daji in Niger State, northern Nigeria, killing at least 30 people and abducting several others. The attack, which has left the local community in shock, saw the assailants storm the village, burning down homes and markets before fleeing the scene. According to eyewitnesses, the gunmen, believed to be members of …
In a recent decision that could have significant implications for global oil markets, OPEC+ has chosen to hold off on its planned increases to oil production through the first quarter of 2026. The move comes in response to a market surplus and ongoing uncertainty surrounding Venezuela’s oil production. At a brief meeting on Sunday, key …
The National Assembly has published the four tax reform Acts signed into law, following concerns over alleged alterations and the circulation of unauthorised and misleading versions of the legislation. The House of Representatives made this known in a statement on Saturday, signed by its spokesman, Akintunde Rotimi. He said the Speaker of the House of …
Sudan hopes an upset win over Senegal in the Africa Cup of Nations on Saturday could prove a catalyst for a cessation of hostilities in their country, or even a longer peace, coach Kwesi Appiah said on Friday. Sudan’s team has reached the knockout stage of the competition for only the second time since they …
The Chairman of First HoldCo Plc, Femi Otedola, has called on the Central Bank of Nigeria (CBN) to increase the minimum capital threshold for international banks to ₦1 trillion. The billionaire businessman and serial investor made the call in a statement on Friday. He believes that Nigeria’s ambition to build a $1 trillion economy by …
A Federal High Court in Abuja has fixed January 7, 2026, to rule on the bail applications filed by a former Attorney-General of the Federation and Minister of Justice, Abubakar Malami (SAN), his wife, Bashir Asabe, and their son, Abubakar Abdulaziz. Justice Emeka Nwite adjourned the matter on Friday after counsel to the defendants, Joseph …
The National Working Committee of the New Nigeria Peoples Party (NNPP) has dissolved the party’s executive structure in Kano State, including officials at the state, local government and ward levels. The decision was announced on Friday in a statement by the NNPP National Publicity Secretary, Oladipo Johnson, who said the action followed an emergency meeting …
Plateau State Governor Caleb Mutfwang has officially defected to the All Progressives Congress (APC). His defection was announced on Friday by the National Chairman of the APC, Nentawe Yilwatda, in a post on social media. Yilwatda described Mutfwang’s decision to join the ruling party as a boost to the APC, saying it reflected the party’s …
The Nigerian stock market kicks off the year in the green on Friday, January 2, with ₦561.55 billion gained by investors. The positive momentum maintained on the floor of the Nigerian Exchange Limited (NGX) saw the market capitalisation rise to ₦99.94 trillion from ₦99.38 trillion, as the market ended on Wednesday, December 24, 2025. Similarly, …
The Securities and Exchange Commission (SEC) stated that it would focus on mobilising long-term capital to bridge Nigeria’s infrastructure gaps, streamline regulations, and promote innovative financial instruments that drive investment into productive sectors. The SEC Director General, Emomotimi Agama, said in a New Year's Message on Thursday. Specifically, he said the commission would facilitate the …
