News

Ikire Killings: Police, Residents Trade Blame As Two Die, Officers Injured In Osun

The violence erupted on Monday at the Naira and Kobo area of Ikire, Irewole Local Government Area, along the Ibadan-Ife Expressway, amid an alleged struggle for control of the motor park. While the Osun State Police Command described the incident as an armed attack on its patrol team by suspected political thugs, residents and political actors in the community have accused the police, particularly the Divisional Police Officer (DPO), of involvement in the shooting.

Radisson, Owoyemi To Receive ANJET Honours For Hospitality Growth

The awards will be presented at ANJET’s 2026 Conference, scheduled for October at the Radisson Blu Hotel, Ikeja, Lagos.

Nigeria’s Foreign Reserves Rise $7.1bn In Eight Months To $52.66bn

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The latest balance represents a 15.6 percent increase from the $45.57 billion recorded on January 2, strengthening Nigeria’s external liquidity position and providing the Central Bank of Nigeria (CBN) with a larger buffer to manage foreign exchange pressures and meet international obligations.

Petrol Imports Rebound As Domestic Refinery Supply Falls 21 Percent

Latest data on Nigeria’s midstream and downstream petroleum operations showed that domestic Premium Motor Spirit (PMS) supply declined by 21 percent in July, while petrol imports increased by 9 percent. Total daily petrol receipts also fell 10 percent, from 50.6 million litres in June to 45.5 million litres in July.

US Trains Nigerian Forces In Drone Warfare, Combat Medicine, Explosive Disposal

The training, conducted at an Operating Location (OL) in Bauchi State, is designed to strengthen the capability, readiness and long-term operational capacity of Nigerian forces amid continuing security challenges across the country. The United States Africa Command (AFRICOM), in a report released on Monday, said the exercises were part of a broader security cooperation mission focused on sharing military expertise and improving interoperability between American and Nigerian forces.

Power Tussle Explodes In Edo Assembly As Lawmakers Impeach Agbebaku, Reject Resignation

The Assembly, now led by Speaker Yekini Idaiye, maintained that Agbebaku did not voluntarily relinquish his position but was removed through an impeachment process initiated and supported by members of the House.

Our Concern Is Tourism Laws, Not Personalities – FTAN

FTAN President, Dr Aliyu Ajayi Badaki, said the federation’s concern is to ensure that the NIHOTOUR Act 2022 and NTDA Act 2023 reflect the current realities of the tourism industry and protect the interests of operators, investors and other stakeholders.

‘Stop Lying To Nigerians’ — Sowore Tears Into Tinubu, Amaechi, Obi Over Fuel Subsidy

Sowore, who spoke during a session at the ongoing Nigerian Bar Association (NBA) conference in Port Harcourt, Rivers State, accused Nigerian politicians of misleading citizens about the benefits of subsidy removal and challenged them to account for the use of resources saved from the policy.

NAFDAC Declares War on Sachet Alcohol, Orders Recall, Threatens Shutdown

The agency said the enforcement followed the expiration of the transition periods agreed with manufacturers and other industry stakeholders to enable businesses to adjust their production lines and move away from the prohibited packaging.

Nigerian Equities Market Extends Decline as Selling Pressure Deepens

The All-Share Index (ASI) fell by 265.99 points from its opening level of 239,351.16 to close at 239,085.17. Similarly, market capitalisation declined by N137 billion, from N154.533 trillion at the opening to N154.396 trillion at the close.