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Business News

SEC Issues Warning Against Unregistered Silverkuun Investment Scheme

SEC Issues Warning Against Unregistered Silverkuun Investment Scheme The Securities and Exchange Commission (SEC) has issued a stern warning to Nigerians against participating in the Silverkuun investment scheme, which it has identified as unregistered and operating illegally. In a public notice, the SEC clarified that Silverkuun has not complied with the regulatory requirements necessary to […]

Issues News

House of Representatives Passes Harmonised Tax Reform Bills

House of Representatives Passes Harmonised Tax Reform Bills The Nigerian House of Representatives has successfully passed a set of harmonised tax reform bills aimed at overhauling the country’s tax system. The bills, which seek to simplify tax administration and expand the nation’s tax base, are part of the government’s efforts to improve revenue generation and […]

Business Issues News

Court Rejects Emefiele’s Bid to Reclaim Forfeited 753 Duplex Estate

Court Rejects Emefiele’s Bid to Reclaim Forfeited 753 Duplex Estate The Federal Capital Territory (FCT) High Court in Apo, Abuja, has dismissed an application by former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, seeking to reclaim a 753-unit estate in the Lokogoma District of Abuja. The estate, measuring 150,462.84 square meters, was previously forfeited […]

Issues News

Lagos Enrolls 130,000 Households for Federal Government’s ₦75,000 Cash Transfer Program

Lagos Enrolls 130,000 Households for Federal Government’s ₦75,000 Cash Transfer Program The Lagos State Government has announced the successful enrollment of over 130,000 households into the Federal Government’s ₦75,000 Conditional Cash Transfer (CCT) initiative, designed to provide direct financial support to vulnerable Nigerians amid prevailing economic challenges. The program, which is part of a broader […]

News Politics

Peter Obi Condemns Killings in Taraba, Benue, and Kogi, Urges Immediate Government Action

Peter Obi Condemns Killings in Taraba, Benue, and Kogi, Urges Immediate Government Action Peter Obi, former Anambra State Governor and 2023 Labour Party presidential candidate, has strongly condemned the recent wave of violence in Taraba, Benue, and Kogi states, describing the situation as a “national tragedy” and a “failure of leadership.” In a statement posted […]

Business News

Federal Government Initiates Payment of ₦35,000 Wage Award Arrears to Civil Servants

Federal Government Initiates Payment of ₦35,000 Wage Award Arrears to Civil Servants The Federal Government of Nigeria has commenced the disbursement of the long-awaited ₦35,000 wage award arrears to federal civil servants across the country. This initiative aims to alleviate the economic hardships faced by workers due to recent policy reforms, including the removal of […]

Issues News

Two Abuja Lawyers Face Trial for Alleged Forgery and Attempt to Mislead Attorney General

Two Abuja Lawyers Face Trial for Alleged Forgery and Attempt to Mislead Attorney General The Federal Capital Territory (FCT) High Court in Apo, Abuja, is set to try two Abuja-based lawyers, Victor Giwa and Ibitade Bukola, on charges of conspiracy, forgery, and impersonation. The charges stem from an alleged attempt to mislead the Attorney General […]

News Politics

Prominent Politicians Exit PDP Amid Internal Party Turmoil

Prominent Politicians Exit PDP Amid Internal Party Turmoil Two notable figures in Nigerian politics have announced their resignation from the Peoples Democratic Party (PDP), citing internal crises and a departure from democratic principles as their reasons for leaving. Adekunle Akinlade, the former deputy governorship candidate of the PDP in Ogun State during the 2023 elections, […]

News Opinion

Police Summon Officers Caught Extorting Passengers in Viral Video

Police Summon Officers Caught Extorting Passengers in Viral Video The Nigeria Police Force has taken disciplinary action against officers seen in a viral video extorting motorists along the Benin Bypass in Edo State. The officers in question were captured demanding ₦5,000 or five litres of petrol from passengers as a condition for passage, allegedly citing […]

Issues News

Nigerian House of Representatives Withdraws Compulsory Voting Bill Amid Public Backlash

Nigerian House of Representatives Withdraws Compulsory Voting Bill Amid Public Backlash The Nigerian House of Representatives has officially withdrawn a contentious bill that sought to mandate compulsory voting for all eligible citizens, following significant public opposition and legal concerns. The proposed legislation, co-sponsored by Speaker Abbas Tajudeen and Hon. Daniel Adama Ago, aimed to amend […]

Issues News

Plateau State Allocates ₦2 Billion to Enhance Rural Infrastructure and Agricultural Connectivity

Plateau State Allocates ₦2 Billion to Enhance Rural Infrastructure and Agricultural Connectivity The Plateau State Government has committed ₦2 billion as counterpart funding for the Rural Access and Agricultural Marketing Project (RAAMP), aiming to construct over 331 kilometers of rural roads and establish agro-logistics centers across the state. Governor Caleb Mutfwang announced this initiative during […]

Issues News

Oyo State Advances LAUTECH Sole Ownership with ₦5 Billion Payment to Osun

Oyo State Advances LAUTECH Sole Ownership with ₦5 Billion Payment to Osun The Oyo State Government has announced the payment of ₦5 billion to Osun State as part of the ₦8 billion agreement for the sole ownership of Ladoke Akintola University of Technology (LAUTECH), Ogbomoso. This payment aligns with the terms set in the 2020 […]

Business News

HEDA Initiates Legal Action Against Federal Government and Oil Corporations Over Alleged Unlawful Licence Transfer

HEDA Initiates Legal Action Against Federal Government and Oil Corporations Over Alleged Unlawful Licence Transfer The Human and Environmental Development Agenda (HEDA) Resource Centre has filed a lawsuit against the Federal Government, multinational oil companies, and key regulatory bodies, challenging the legality of recent oil licence transfers. The suit, filed at the Federal High Court […]

Issues News

Senate Leader Bamidele Refutes ‘Rubber Stamp’ Allegations, Citing Extensive Legislative Scrutiny

Senate Leader Bamidele Refutes ‘Rubber Stamp’ Allegations, Citing Extensive Legislative Scrutiny Senate Leader Opeyemi Bamidele has addressed criticisms from opposition parties labeling the National Assembly as a “rubber stamp” for the executive branch. He emphasized that the legislative body’s thorough examination of the 2024 Tax Reform Bills demonstrates its independence and commitment to due process. […]

Issues News

DSS Launches Educational and Religious Initiatives to Counter Terrorism in Nigeria

DSS Launches Educational and Religious Initiatives to Counter Terrorism in Nigeria In a strategic move to combat terrorism and promote social cohesion, the Department of State Services (DSS) has initiated the construction of educational and religious centers across Nigeria. These efforts aim to address the root causes of radicalization by providing support to vulnerable communities. […]

Issues News

Military Dismantles 19 Illegal Refineries in Niger Delta, Seizes Over 589,000 Litres of Stolen Petroleum Products

Military Dismantles 19 Illegal Refineries in Niger Delta, Seizes Over 589,000 Litres of Stolen Petroleum Products In a concerted effort to combat crude oil theft and environmental degradation, the Nigerian Army’s 6 Division, in collaboration with other security agencies, has successfully dismantled 19 illegal refining sites across the Niger Delta region. The operations, conducted between […]

Issues News

25-Year-Old Woman Arrested for Fatally Stabbing Co-Wife in Katsina

25-Year-Old Woman Arrested for Fatally Stabbing Co-Wife in Katsina The Katsina State Police Command has apprehended a 25-year-old housewife, Rabi’a Labaran, for allegedly stabbing her co-wife, Zainab Lawal, 30, to death during a domestic altercation in Daura town. The incident occurred late on May 24, 2025, in the Sabon Gari area of Daura, behind Dadi […]

Business News

NGX-Listed Companies Distribute N1.1 Trillion in Dividends, Secure N3.68 Trillion in Capital in 2024 — SEC

NGX-Listed Companies Distribute N1.1 Trillion in Dividends, Secure N3.68 Trillion in Capital in 2024 — SEC The Securities and Exchange Commission (SEC) has disclosed that companies listed on the Nigerian Exchange (NGX) collectively disbursed N1.1 trillion in dividends to shareholders in 2024, affirming a year of strong corporate performance and enhanced investor returns. In addition […]

News Politics

Atiku, Obi, and Other Opposition Leaders Consider Backing Neutral Candidate to Challenge Tinubu in 2027

Atiku, Obi, and Other Opposition Leaders Consider Backing Neutral Candidate to Challenge Tinubu in 2027 The National Chairman of the African Democratic Congress (ADC), Ralph Nwosu, has indicated that prominent opposition figures, including former Vice President Atiku Abubakar and former Labour Party presidential candidate Peter Obi, are prepared to support a neutral candidate to unseat […]

Issues News

Federal Government Commences Demolition of Unauthorized Structures Beneath Lagos Bridges

Federal Government Commences Demolition of Unauthorized Structures Beneath Lagos Bridges The Federal Government has commenced the removal of unauthorized structures located beneath the Iddo Bridge in Lagos State. This action aims to enhance public safety and preserve the structural integrity of the bridge. Officials from the Federal Ministry of Works, in collaboration with security agencies, […]