The Securities and Exchange Commission (SEC) of Nigeria has increased minimum capital requirements for all regulated capital market entities. It disclosed this in a circular released on Friday, December 16, stating the aim is to boost market stability and align capital with evolving risk profiles. “This review is informed by the need to strengthen market …
The Supreme Court has ordered the continuation of the trial of Sule Lamido, former governor of Jigawa State, and his sons over alleged money laundering involving N1.35 billion. In a judgement delivered on Friday, a five-member panel of the apex court set aside the decision of the court of appeal, which had upheld a no-case …
The Rivers State House of Assembly on Friday said it would proceed with the impeachment of Governor Siminalayi Fubara, despite claims by the state government that no impeachment notice has been formally served on the governor. The lawmakers made the declaration during an ongoing press conference in Port Harcourt, reaffirming their resolve amid the deepening …
Former presidential candidate and publisher, Dele Momodu, has officially joined the African Democratic Congress (ADC). Momodu announced his decision on Thursday in Benin City, the Edo State capital, while addressing supporters and members of the party. Speaking at the event, Momodu said his move was driven by a desire to promote the interests of the …
Minister of Finance and Coordinating Minister of the Economy Wale Edun has indicated that Nigeria could see interest rate cuts in the near term if the current disinflation trend is sustained. Speaking in an interview on the sidelines of Abu Dhabi Sustainability Week, Edun said a continued slowdown in inflation would give the Central Bank …
President Bola Tinubu has expressed grief over the death of the former First Lady of Ogun State, Chief (Mrs) Lucia Onabanjo, who passed away at the age of 101. Lucia Onabanjo, wife of the first civilian governor of Ogun State, Chief Victor Olabisi Onabanjo, died on Monday, January 12, 2026. In a condolence message released …
The Minister of Solid Minerals Development, Dr Dele Alake, says the establishment of new lithium processing and gold refining plants is positioning Nigeria as a leading minerals hub in Africa. Speaking ahead of the Future Minerals Forum in Riyadh, Alake said the projects mark a shift from exporting raw minerals to value-added processing, which will …
The Federal Government has hired a United States-based lobbying firm, DCI Group, in a $9 million contract to help communicate its efforts at protecting Christian communities in Nigeria to the US government. The contract was executed through Aster Legal, a Kaduna-based law firm, on behalf of the National Security Adviser, Nuhu Ribadu. Documents filed with …
Former Vice-President Atiku Abubakar has condemned the arrest of 52 students of Ambrose Alli University (AAU) in Ekpoma, Edo State, following a protest against insecurity that turned violent on Saturday. The demonstration, initially peaceful, was reportedly hijacked by suspected hoodlums, leading to the blockage of major roads and attacks on traders. The palace of Zaiki …
Paradigm Initiative (PIN) has criticised the internet shutdown imposed in Uganda ahead of Thursday’s general election, describing it as a major setback for digital rights. The digital advocacy group also faulted restrictions on media coverage of protests and demonstrations in a statement it issued on Wednesday, January 14. “These actions constitute serious violations of digital …
