Tinubu: Counterterrorism Operation Against ISIS Claims senior leader, Abu-Bilal Aluminum
From Victor Osula, Abuja President Bola Tinubu on Saturday confirmed that an overnight, Nigeria and the United States Counterterrorism operations …
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Trump Announces Death Of ISIS Global Deputy In Joint Nigeria-US Operation
By Ayo Kehinde United States President, Donald Trump, has announced that American and Nigerian forces carried out a successful counterterrorism …
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Kogi L-PRES Distributes Pasture Farm Inputs to 500 Farmers
From Joseph Amedu, Lokoja The Kogi State Livestock Productivity and Resilience Support (Kogi L-PRES) Project, has distributed pasture farm inputs …
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NJC Recommends 12 As New Appeal Court Justices, Suspends Two, Sanctions Others for Age Falsification
From Victor Osula, Abuja The National Judicial Council (NJC) has recommended the appointment of 12 judicial officers as new Justices …
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Again, Troops rescue Ngoshe abductees, reunited with families
By Salihu Pirkusu, Maiduguri Troops of the Joint Task Force (North East), Operation HADIN KAI (OPHK), under the ongoing Operation …
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RULAAC Condemns Cosmetic Disbandment of Tiger Base in Imo State
The Rule of Law and Accountability Advocacy Centre (RULAAC) has expressed deep concern over the decision by the Nigeria Police …
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IFC Sending Team to Nigeria to Explore Investment in Livestock, Energy, Housing
The International Finance Corporation would immediately send a mission to Nigeria to explore scalable investment structures that could unlock private capital into the sector. Managing director of the Corporation, Diop Makhtar, announced this in Kigali, Rwanda, on Thursday, during a meeting with Nigeria’s President Bola Tinubu on the sidelines of the 13th Africa CEO Summit. Makhtar led an IFC delegation that included Ethiopia’s Tafara, Regional Vice President, Africa, and Dahlia Khalifa, Director, Central Africa and Nigeria, IFC. Makhtar said IFC is interested in discussing modalities for collaboration with Nigeria in energy, housing, and livestock production. He lauded President Tinubu for the bold reforms initiated by his administration, especially the removal of the fuel subsidy and the harmonisation of the nation’s …
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SEC Raises Alarm Over Surge in Ponzi Schemes on WhatsApp, TikTok, Instagram
By Ayo Kehinde The Securities and Exchange Commission (SEC) has warned Nigerians against the growing number of unregistered online investment schemes being promoted across social media platforms, describing many of them as Ponzi operations designed to defraud unsuspecting investors. In a public notice dated May 8, 2026, and shared via its official X handle, the Commission said several platforms offering guaranteed or unrealistic returns are not registered or authorised to operate in Nigeria’s capital market. According to the SEC, the schemes are being aggressively marketed on WhatsApp, Instagram, TikTok, Telegram, Facebook, and other digital platforms to lure members of the public with promises of quick profits. “The attention of the Securities and Exchange Commission has been drawn to the increasing …
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FG to Raise N600bn Through May 2026 Bond Auction as DMO Targets Investors
By Ayo Kehinde The Debt Management Office (DMO), acting on behalf of the Federal Government, has announced plans to raise N600 billion through a fresh Federal Government of Nigeria (FGN) bond auction scheduled for May 2026. According to the offer circular released on Tuesday, the auction will be held on May 18, 2026, while settlement for successful investors is fixed for May 20, 2026. The issuance forms part of the government’s ongoing strategy to finance budgetary obligations, strengthen the domestic debt market, and attract institutional investors amid sustained appetite for fixed-income securities. The DMO said the offer comprises two reopened bond instruments valued at N300 billion each. They include the 22.60 per cent FGN January 2035 10-year re-opening bond and …
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FG Seeks Fresh $1.25bn World Bank Loan to Drive Growth, Jobs
From Victor Osula, Abuja The Federal Government is in talks with the World Bank over a fresh $1.25 billion loan facility aimed at boosting access to finance, digital services, electricity, and supporting reforms in tax administration, trade, and agriculture. The proposed facility, titled Nigeria Actions for Investment and Jobs Acceleration, is classified as a Development Policy Financing operation, with the Federal Ministry of Finance serving as the implementing agency. According to a World Bank Programme Information Document obtained by Nairametrics, the loan is scheduled for approval on June 26, 2026, after the Bank authorised the project team to proceed with appraisal and negotiations. The World Bank said the programme is designed to help Nigeria transition from macroeconomic stabilisation to inclusive …
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Shake-Up in CBN as Yuguda Heads Financial Stability, Usoro Returns To Operations
From Victor Osula, Abuja The Central Bank of Nigeria (CBN) has carried out a major reshuffle of its deputy governors’ portfolios as the apex bank intensifies efforts to strengthen monetary policy coordination, banking sector oversight and institutional governance. The shake-up follows the appointment and Senate confirmation of Lamido Yuguda as Deputy Governor in charge of the Financial System Stability Directorate. Yuguda replaces Bala Bello, who was recently redeployed by President Bola Tinubu as Special Adviser on Political Economy. The former Securities and Exchange Commission Director-General is widely regarded as an experienced financial regulator, having also served at the International Monetary Fund and the CBN before his retirement in 2016. As part of the internal restructuring, Philip Ikeazor has been moved …
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On the Killing of ISWAP Commander Al-Manuki, By Bayo Onanuga
The needless controversy trailing the reported elimination of Abu-Bilal Al-Manuki—also known as Abu-Mainok or Abu-Bilal Al-Minuki, described as a senior …
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Deficits, Debt and Economic Literacy: A Response to Nigeria’s Fiscal Critics, By Tanimu Yakubu
Those who speak glibly about deficits, debt and fiscal expansion often reveal not economic sophistication, but economic illiteracy disguised as …
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Many feared abducted, missing as Boko Haram terrorists invades Primary, Junior Secondary Schools in Borno Village
By Salihu Pirkusu, Maiduguri Unspecified number of pupils and students of Mussa Primary and Junior Secondary School in Askira-Uba local …
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Kogi L-PRES Distributes Pasture Farm Inputs to 500 Farmers
From Joseph Amedu, Lokoja The Kogi State Livestock Productivity and Resilience Support (Kogi L-PRES) Project, has distributed pasture farm inputs …
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APC Disqualifies Four Fubara Loyalists From Reps Primaries
The All Progressives Congress (APC) has disqualified four loyalists of Rivers State Governor, Siminalayi Fubara, from contesting in the party’s …
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Nigeria Police Extradite Wanted $1.5m Fraud Suspect To US
By Ayo Kehinde The Nigeria Police Force has intensified its crackdown on cybercrime and transnational financial fraud with the successful …
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Tinubu Tasks Members on Commencement of APC Primaries Nationwide
Fellow party men and women, I am pleased to witness this historic moment in the annals of our party. The …
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2027: All 17 Yobe LG Chairmen endorse Wali as APC Gov. Candidate
By Salihu Pirkusu, Damaturu The entire 17 Local Government Chairmen under the Association of Local Government Chairmen (ALGON) in Yobe …
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Makinde Declares 2027 Presidential Bid, Canvases United Opposition Front
By Ayo Kehinde Governor Seyi Makinde, on Thursday, declared his intention to contest the 2027 presidential election, while calling for …
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Tinubu, Kegame Agree to Deepen Bilateral Relations
President Bola Ahmed Tinubu and President Paul Kagame have resolved to activate mechanisms to deepen bilateral relations between Nigeria and …
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