Author: Staff Editor
President Bola Ahmed Tinubu has sworn in Taiwo Oyedele as Nigeria’s new Minister of State for Finance at the Presidential Villa in Abuja. Oyedele’s appointment follows his nomination by the president to replace Doris Uzoka-Anite, who was recently redeployed to the Ministry of Budget and National Planning, marking her third portfolio since the beginning of the current administration. Before his nomination, Oyedele served as Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, where he played a significant role in the government’s efforts to restructure and modernise Nigeria’s tax system. The 50-year-old economist, accountant, and public policy expert…
Michael B. Jordan on Sunday won the Best Actor Oscar for playing twins confronted with pure evil in the vampire race fable Sinners — tortured fighters typical of the roles director Ryan Coogler has repeatedly created for him. Jordan built on the momentum he gained by winning the Screen Actors Guild Award two weeks earlier to claim an Academy Award on his first nomination. He beat Marty Supreme star Timothée Chalamet, who had been the frontrunner for most of Hollywood’s awards season, as well as Leonardo DiCaprio (One Battle After Another), Wagner Moura (The Secret Agent), and Ethan Hawke (Blue…
The Governor of Lagos State, Babajide Sanwo-Olu, has flagged off the reintroduction of the monthly environmental sanitation exercise, which was put on hold about ten years ago following a court order on movement restrictions. Speaking at the ceremony, Sanwo-Olu noted that the sanitation exercise will take place between 6:30 a.m. and 8:30 a.m. on the last Saturday of every month to keep the state clean. “I’m glad to share that the exercise will resume on Saturday, April 25, 2026, and will now hold on the last Saturday of every month from 6:30 a.m. to 8:30 a.m.,” he said. He also…
The Economic and Financial Crimes Commission (EFCC), on Friday, March 13, 2026, handed over a total sum of $225,895 (Two Hundred and Twenty-Five Thousand, Eight Hundred and Ninety-Five United States Dollars) and ₦62,790,000 (Sixty-Two Million, Seven Hundred and Ninety Thousand Naira) to foreign victims of fraud from the United States and South Africa. The handover ceremony was presided over by the Secretary to the Commission, Mohammed Hammajoda, and featured representatives of the victims’ nations, including the Assistant Law Enforcement Attaché of the Federal Bureau of Investigation (FBI), Mike Fukuda, and the Acting High Commissioner of South Africa to Nigeria, Lindi…
The naira on Friday strengthened to close at ₦1,363.5 per dollar at the official foreign exchange market. The development followed a sharp depreciation at the start of the week, according to data tracked on the Central Bank of Nigeria’s (CBN) website. The currency fell to ₦1,425 per dollar on Monday, down from ₦1,398 per dollar recorded the previous Friday. Monday’s drop marked its weakest closing level since January 12, 2026, when it last traded at the same rate. By Tuesday, the naira appreciated to ₦1,390.5 per dollar. Further gains were recorded on Wednesday, when the currency traded at ₦1,373.5 per…
Residents of Lagos on Friday took to the streets to express their frustration over persistent electricity outages, condemning the state’s power supply as “epileptic” and unsustainable for daily life and business activities. A video circulating on social media showed dozens of mainly young protesters marching through the Fadeyi area, holding placards and chanting for a consistent electricity supply. The demonstrators criticised what they described as the collapse of the nation’s power sector, stressing that erratic electricity is undermining livelihoods and making life increasingly difficult across Lagos. Placards displayed messages such as “No More Estimated Billing,” “No More Epileptic Power Supply,”…
A prosecution witness in the ongoing fraud trial involving former Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Patrick Ziakede Akpobolokemi, on Thursday told the court that he personally delivered $15 million in cash to the former agency boss. The witness, Captain Ezekiel Bala-Agaba, a former Executive Director of Maritime Safety, Shipping Development, and Marine Operations at NIMASA, testified before Justice Ayokunle Faji of the Federal High Court in Lagos. Agaba, who appeared as the 15th prosecution witness, told the court that funds meant for pipeline surveillance were withdrawn from NIMASA’s accounts, converted into dollars, and handed over…
Justice Peter Lifu of the Federal High Court sitting in Abuja has fixed April 1, 2026, for the fresh arraignment of former Governor of Jigawa State, Sule Lamido, over ₦1.35 billion corruption charges preferred against him by the Economic and Financial Crimes Commission (EFCC). Lamido is to be arraigned alongside his two sons, Aminu Lamido and Mustapha Lamido, who allegedly committed the fraud with their father through fictitious contract awards. Justice Lifu fixed the new date on Friday following the absence of the former governor and his sons in court to take their plea. Although the fresh arraignment was scheduled…
Former Governor of Sokoto State, Senator Aminu Tambuwal, has formally resigned his membership of the Peoples Democratic Party (PDP) and joined the African Democratic Congress (ADC). In a letter dated March 11, 2026, addressed to his ward chairman in Tambuwal/Shinfiri Ward, Tambuwal Local Government Area, Tambuwal communicated his decision to leave the PDP with immediate effect. The former Speaker of the House of Representatives explained that his decision followed deep reflection and extensive consultations with political associates and supporters. According to him, persistent internal crises, leadership disagreements, and growing divisions within the party had made it increasingly difficult for him…
The Nigerian Education Loan Fund (NELFUND) has granted another extension for its Student Loan Application Portal to accommodate institutions that requested additional time for the 2025/2026 academic session. According to a statement signed by NELFUND’s Director of Strategic Communications, Oseyemi Oluwatuyi, on Thursday, the extension applies only to institutions that submitted formal requests, allowing eligible students extra time to complete their applications. “The Nigerian Education Loan Fund has approved an extension of its Student Loan Application Portal for institutions that have formally requested additional time for the 2025/2026 academic session,” the statement read. Speaking on the development, NELFUND Managing Director…