News

Adeleke Raises Alarm, Sends Strong Message to Tinubu Ahead of Osun Gubernatorial Polls

Adeleke tells President Tinubu to halt alleged killings, resist any attempt to manipulate the August 15 governorship election, and guarantee a free, fair, and credible poll that will strengthen Nigeria's democracy. Osun governor alleges police intimidation, political violence,...

Make a Deal or Surrender – Trump Raises Stakes With Iran

US President Donald Trump intensifies pressure on Tehran, demanding that Iran either strike a deal with Washington or face what he describes as "total surrender." Trump accuses Iran's leadership of secretly seeking negotiations while publicly denying any talks,...

Indigenous Marine Firms Groan Under Policy Burden, Seek Urgent Review Of Local Content Regime

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EMR calls for urgent review of policies affecting indigenous marine firms. BOBELS says local content laws have failed to adequately protect Nigerian operators. Indigenous companies reportedly spend over ₦20 million annually on licence renewals and regulatory compliance. Firm...

State Police Moves Closer As Tinubu Set To Receive National Policing Bill September 3

The Presidential Working Group on the National Policing Bill will present the Executive Bill package to President Bola Tinubu on September 3, 2026, after concluding nationwide stakeholder consultations and technical drafting. The proposed legislation is designed to establish...

NRS Unveils Tax Rules For Cryptocurrency, Virtual Asset Transactions

The Nigeria Revenue Service has issued new guidelines outlining the tax treatment of cryptocurrency and other virtual asset transactions under the 2025 tax laws. The framework sets out registration, reporting, valuation and record-keeping requirements for taxpayers, Virtual Asset...

Otedola Eyes Majority Control Of First Holdco, Says Personal Investment Tops ₦600bn

Femi Otedola says he has invested more than N600 billion of his personal wealth in First HoldCo and signalled plans to increase his stake beyond 51 percent. The billionaire said First Bank was on the brink of regulatory...

NGX Gains ₦288bn As Eterna, Caverton Drive Monday Rally

Investors gained ₦288 billion as the NGX opened the week higher, with the All-Share Index climbing 446.85 basis points. Eterna and Caverton rallied by the maximum 10 percent to lead the gainers’ chart, while buying interest in Omatek,...

You Can’t Behave This Way In My Court – Judge Rebukes Lawyers As DSS Seeks To Shut Sowore’s Defence

DSS asks Federal High Court to foreclose Omoyele Sowore's defence, accusing him of deliberately frustrating his criminal trial through repeated delays. Proceedings descend into a heated exchange between senior lawyers for the prosecution and defence over an adjournment...

No NERD, No NYSC: Corps Scheme Tightens Mobilisation Rules As Fresh Batch Prepares For Orientation

NYSC declares National Electronic Registration Database (NERD) clearance mandatory, warning that no prospective corps member will be mobilised without completing the verification process. Scheme urges eligible graduates to obtain the required clearance early as mobilisation begins for the...

₦50,000 Preaching Fine: Hunt Killers, Not Preachers — Oyedepo Slams FG Over Bus Evangelism Bill

Bishop David Oyedepo condemns the proposed ₦50,000 penalty for preaching in commercial buses, describing it as a misplaced priority amid Nigeria's worsening insecurity. The Living Faith Church founder accuses the government of failing to confront persistent killings while...