By Adeyemi David The Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against the Central Bank of Nigeria (CBN) over its alleged failure to account for ₦3 trillion in public funds, including more than ₦629 billion paid to “unknown beneficiaries” under the Anchor Borrowers’ Programme. In a statement on Sunday, SERAP Deputy Director…
By Adeyemi David The Independent National Electoral Commission (INEC) has approved 14 political parties to participate in the August 8 governorship election in Osun State, excluding the Peoples Democratic Party (PDP) and the Labour Party (LP) from the contest. This was disclosed in a statement issued by the commission’s Public Relations Officer in the state,…
By Adeyemi David The Nigerian Civil Aviation Authority (NCAA) has raised concerns over what it described as persistent regulatory compliance challenges within Nigeria’s aviation industry, warning that no operator is above the law. The Director of Public Affairs and Consumer Protection at the NCAA, Michael Achimugu, said some industry stakeholders have grown accustomed to “anyhowness”…
….As five lawmakers dump PDP for APC By Adeyemi David The governorship candidate of the All Progressives Congress (APC) in Osun State, Munirudeen Bola Oyebamiji, has criticised the administration of Governor Ademola Adeleke, accusing it of incompetence and steering the state toward economic uncertainty. Oyebamiji made the remarks while receiving five federal lawmakers who defected…
By Adeyemi David Operatives of the National Drug Law Enforcement Agency (NDLEA) have recorded major successes in ongoing anti-narcotics operations, intercepting multiple illicit drug consignments and arresting several suspects across the country, including three traffickers who excreted a combined 236 wraps of cocaine after being apprehended at international airports. A China-based Nigerian businessman, Ibeanu Vincent…
A fire outbreak at the Singer Market in Kano has destroyed properties worth over N5 billion, affecting over 1,000 businesses and leaving seven persons missing. The market’s Chairman, Alhaji Junaid Zakari, disclosed this to newsmen in kano on Sunday. Zakari described the incident as one of the worst tragedies in the market’s history, with four…
By Adeyemi David The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) and the Nigerian Maritime Administration and Safety Agency (NIMASA) have reaffirmed their commitment to enhancing Nigeria’s investment climate through strengthened inter-agency collaboration. The development followed a meeting on Friday, February 13, 2026, at the corporate headquarters of NUPRC in Abuja, where the Commission’s Chief Executive,…
By Adeyemi David Nigeria’s state governments have witnessed unprecedented revenue growth in the past two years, driven by rising Federation Account Allocation Committee (FAAC) disbursements, fuel subsidy removal, foreign exchange reforms, and improved oil receipts. Total FAAC allocations surged from N8.21 trillion in 2022 to N15.26 trillion in 2024, and preliminary data for 2025 indicates…
…As serving Senators, Reps officially join Osun APC The Minister of Marine and Blue Economy, Adegboyega Oyetola, has declared that there are no strangers in the All Progressives Congress (APC) in Osun State, stating that the party remains one united family in the state. The immediate past governor in Osun, disclosed this on Saturday at…
By Adeyemi David Employee corruption and occupational fraud are silently draining Nigeria’s Micro, Small and Medium Enterprises (MSMEs) of an estimated ₦5 to ₦10 trillion each year, threatening business sustainability, job creation, and the country’s economic growth, experts have warned. The Chief Executive Officer of the Centre for the Promotion of Private Enterprise, Dr. Muda Yusuf…
