News

Gov Nwifuru Expresses Concern Over Aeronautics, Aerospace Engineering University Construction Progress

Ebonyi State Governor, Francis Ogbonna Nwifuru, has expressed strong reservations over the slow pace of construction at the University of Aeronautics and Aerospace Engineering (UAAE) located in Onueke.

NAF Deepens Local Capacity As First Two H125 Helicopters Reassembled In Lagos

The Nigerian Air Force (NAF) has completed the local reassembly of its first two H125 helicopters at the NAF Base in Ikeja, Lagos, in a development that is expected to strengthen the service’s technical capacity.

Nigeria, Greece Reset Ties As Ugwuanyi Assumes Ambassadorial Role

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Nigeria and Greece are set for a renewed phase of bilateral engagement as Nigeria’s new Ambassador to the Hellenic Republic, Ifeanyi Lawrence Ugwuanyi, begins his diplomatic assignment.

MPC Cuts MPR To 23 Percent: 6 Ways Lower Rates Could Affect Borrowers, Businesses, Investors

The Central Bank of Nigeria’s decision to cut the Monetary Policy Rate (MPR) from 26.5 percent to 23 percent is one of the biggest monetary-policy shifts in recent years.

2027: Court Sets October 13 For Atiku’s Bid to Amend Tinubu Eligibility Suit

The Federal High Court in Abuja has fixed October 13, 2026, for the hearing of an application by former Vice-President Atiku Abubakar and the African Democratic Congress (ADC) seeking to amend their suit challenging President Bola Tinubu’s eligibility to contest the 2027 presidential election.

Wife, Daughter of Drug Lord Fito Arrested in Colombia

The wife and daughter of Ecuadorian drug lord Adolfo Macias, popularly known as “Fito,” have been arrested in Colombia over alleged money laundering linked to his notorious Los Choneros criminal organisation.

Fire Guts Customs Apapa Office, Property Worth Millions Destroyed

Property and office equipment worth millions of naira were destroyed on Monday after fire engulfed the Nigeria Customs Service (NCS) Western Marine Command office in Apapa, Lagos.

Rivers Assembly Endorses Constitutional Amendment on State Police

The resolution followed the transmission of the Constitution of the Federal Republic of Nigeria, 1999 (Sixth Alteration) Bill, 2026, by the National Assembly to the 36 state Houses of Assembly for consideration and approval.

Court Orders NMDPRA to Keep Issuing Fuel Import Licences to Matrix, AA Rano, AYM

The Federal High Court in Abuja has ordered the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) to continue granting petroleum products import licences to Matrix Energy, A.A. Rano and AYM Shafa, provided the companies meet all statutory and regulatory conditions.

Oil Jumps 3.8% Above $108 as US-Iran Peace Talks Stall

Brent crude futures rose $3.98, or 3.82 percent, to $108.30 a barrel by 0959 GMT, while US West Texas Intermediate (WTI) gained $3.52, or 3.81 percent, to $95.93 a barrel.