News

FX Turnover Falls 21 Percent To $2.41bn As Market Activity Slows

According to the latest market report from FMDQ Securities Exchange, total FX turnover stood at $2,414.85 million in the week ended September 4, down by $656.67 million from the $3,071.52 million recorded in the preceding week ended August 28.

Ex-Sierra Leone President Koroma Returns Home After Over Two Years In Nigeria

Former Sierra Leone President, Ernest Bai Koroma, has returned home after spending more than two years in Nigeria, in what the Federal Government described as the successful conclusion of a delicate regional diplomatic process aimed at easing political tensions in the West African country.

Stay Off Roads, Away From Tall Trees – NiMet Warns Nigerians As Heavy Rains, Thunderstorms Loom

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The agency, in its weather outlook released on Sunday, said the three days would be characterised by cloudy skies, thunderstorms and varying degrees of rainfall across the northern, North-Central and southern parts of the country.

Boeing 767 Cargo Plane Overshoots Runway at Miami International Airport

A Boeing 767-300 cargo jet arriving from Puerto Rico overran a runway at Miami International Airport, prompting the FAA to temporarily restrict flights.

From Ride-Hailing To Delivery, How Uber Could Re-Enter Nigeria Through Glovo

The company also exited Uganda, describing both decisions as the result of a review of its business and investment priorities across Africa. It did not offer a detailed explanation for the Nigerian withdrawal.

Akwa Ibom Police Raid Criminal Hideouts, Arrest Four, Recover Large Quantities Of Suspected Indian Hemp

The operations, conducted on Saturday, September 5, 2026, followed directives by the Commissioner of Police, CP Baba Mohammed Azare, fsi, for the dismantling of criminal hideouts and elimination of black spots considered threats to public safety.

Turn $53.11bn FX Reserves, 4.43% Growth, Other Reforms Into Lower Food Prices, Jobs For Nigerians – Oye To Tinubu

According to him, these measures have helped address distortions that had weakened the foundations of the Nigerian economy, stressing that macroeconomic stability was only the beginning of the work, and that the success of the reforms must ultimately be measured by their impact on ordinary citizens.

Over 2 Million Opioid Pills Recovered As NDLEA Busts Illicit Drug-Laden Fuel Tanker, Arrests Businessman Behind Cocaine Shipments To Saudi Arabia

The National Drug Law Enforcement Agency (NDLEA) has arrested a convicted cocaine trafficker who allegedly returned to the illicit drug trade under a new identity, after intelligence operations traced him to a 1.2kg cocaine shipment concealed in phone...

₦78.8bn Cash Transfer Scandal: SERAP Demands Probe, Recovery, Prosecution

The Socio-Economic Rights and Accountability Project (SERAP) has called on President Bola Tinubu to order an urgent investigation into alleged financial irregularities involving more than ₦78.8 billion under the Federal Government’s cash transfer and social protection programmes.

TSG Launch: DG Yakasai Lauds Tinubu For Saving Nigeria From Economic Collapse

Yakasai made the commendation at the official inauguration of the National Structure and State Chapters' Executive Committee members of the Tinubu Support Group (TSG), held at the Sani Abacha Stadium, Kano, on Saturday.