Tag: Top stories

Naira records significant appreciation against US dollar

Naira appreciates by ₦2.68 at official foreign exchange market CBN data shows naira trading at ₦1,418.95 per dollar Parallel market rate stable as FX reserves remain above $46bn The naira…

Sodiq Olaitan

DHQ confirms coup plot, indicted officers to face military trial

Defence Headquarters confirms some officers allegedly plotted to overthrow government Sixteen officers under investigation now formally referred to military judicial panels Process follows Armed Forces Act, upholding discipline, accountability, and…

Sodiq Olaitan

NNPC, Chevron discover new oil well with substantial crude deposits in Niger Delta

NNPC confirms successful drilling of Awodi-07 oil well in western Niger Delta Chevron-operated JV records hydrocarbon presence across multiple reservoirs Discovery expected to boost crude output to 146,000 barrels per…

Sodiq Olaitan

Don’t publicise our discussions after visiting me in prison – Nnamdi Kanu warns

IPOB leader restricts public statements to lawyers, spokesperson Kanu denies collecting money from visitors at correctional centre Sets out strict visitation protocol for prospective visitors The detained leader of the…

Sodiq Olaitan

IMF urges CBN, others to tread cautiously on interest rate cuts

IMF warns against premature rate cuts amid persistent inflation pressures. Says monetary easing should be gradual and data-driven. Stresses need for price stability and central bank independence. The International Monetary…

Sodiq Olaitan

APC set to receive two sitting governors ahead of 2027 elections

Governors Abba Kabir Yusuf and Caleb Mutfwang to defect to APC this week. Move signals major political realignment ahead of the 2027 polls. APC leaders, lawmakers, and stakeholders to attend…

Sodiq Olaitan

Nigeria Has No Business Being Poor — VP Shettima

• VP Shettima says Nigeria’s vast agricultural resources make poverty unjustifiable • Calls for modern farming practices to boost crop yields and economic growth • Says Nigeria will shape Africa’s…

Sodiq Olaitan

NLC shuts down Abuja, backs indefinite FCTA workers’ strike

NLC shuts down Abuja as it escalates support for indefinite FCTA workers’ strike. Joe Ajaero-led NLC accuses FCTA of wage abuse, pension diversion, and labour rights violations. Workers mobilised for…

Sodiq Olaitan

Buni-led APC Reconciliation Committee Moves to Engage Aggrieved Members in 11 States

APC reconciliation committee, chaired by Gov. Mai Mala Buni, targets crises in 11 states Tinubu sets up panel to strengthen party unity ahead of the 2027 general election Defections, factional…

Sodiq Olaitan

National Grid Collapses Again, Power Generation Crashes to 24MW

National grid collapse plunges parts of Nigeria into darkness as generation slumps. Power generation drops to 24MW, from over 4,500MW within hours. All 23 power plants shut down, leaving DisCos…

Sodiq Olaitan