News

Court Asked To Nullify Reps’ Passage Of State Police Bill

Filed by the Abuja School of Social and Political Thought, Speak-Out Africa, Ushakase Agwa and Abdullahi A. Sani, the suit specifically challenged the passage of the Constitution (Sixth Alteration) Bill, 2026, relating to the establishment of State Police.

FG Seeks Fresh $1.5bn World Bank Loans as Debt Hits N166.79tn

The fresh borrowing comes after the Debt Management Office reported that Nigeria’s public debt increased by N14.39tn, or 9.44 percent, from N152.40tn in June 2025 to N166.79tn at the end of June 2026.

UNGA81: Africa Won’t Bear Global Burdens Without Security Council Power, Shettima Warns, Departs For Abuja

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Shettima gave the warning during a meeting with UN Deputy Secretary-General, Amina Mohammed, on the sidelines of the UNGA81, where he renewed Nigeria’s demand for urgent reform of the United Nations and stronger African representation in global decision-making.

10 Financial Market Stories You Should Know Before Trading This Week

Nigeria’s rate cut made holding cash less rewarding just as rising US bond yields made dollar assets more competitive. For investors opening their screens this Monday, those competing forces deserve attention alongside the stock-market rally.

Port Decongestion: FG Shifts Focus East, Approves Major Ports Upgrade

Minister of Marine and Blue Economy, Adegboyega Oyetola, announced the approval on Sunday, describing it as another major step in the Federal Government's programme to transform Nigeria's maritime infrastructure.

Hormuz Tensions Deepen as Iran Claims Second US Underwater Drone Capture

In a statement on Sunday, IRGC said the vehicle was intercepted through a “coordinated and complex operation” involving military intelligence and electronic warfare.

Tinubu’s Return to Nigeria Suffers Last-Minute Twist

President Bola Tinubu’s return to Nigeria has suffered a last-minute twist, with his planned return to the country now delayed, according to sources in the Presidency.

SERAP Gives CBN Seven Days to Account for $6.23m, $1.63tn Election Fund, Others

SERAP said it would take “appropriate legal action” if the CBN failed to respond to its demands within the stipulated period.

Newlywed Nabbed With 72 Cocaine Wraps in Stomach at Enugu Airport

The latest operations resulted in the arrest of several suspects and the seizure of substantial quantities of cocaine, cannabis, opioids and other controlled substances.

NDIC Urges Nigerians to Move More Funds into Banks as Deposit Cover Rises to N5m

The Nigeria Deposit Insurance Corporation (NDIC) has urged Nigerians to move more of their funds into the formal banking system, adding that the revised insurance limit, which now fully covers 98.98 per cent of depositors in Nigerian deposit money banks, was aimed at deepening public confidence in the banking system.