News

The Debt Management Office has opened subscriptions for its August 2026 savings bond, offering annual returns of up to 14.963 percent. Nigerians can invest from N5,000, with subscriptions closing on August 7 and settlement scheduled for August 12. ...

 INTERPOL's African Cyberthreat Assessment Report 2026 says artificial intelligence now powers 55 per cent of reported cybercrimes across Africa, making attacks faster, more sophisticated, and harder to detect.  Cybercrime losses across the continent have surged from $192 million...

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,...

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,...

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...

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...

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...

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...

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,...

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...