By Seun Ibiyemi The Nigeria Customs Service (NCS) has intercepted nine containers loaded with illicit narcotic drugs, expired pharmaceuticals and unregistered medicines with a combined Duty Paid Value (DPV) of ₦53.39 billion at the Apapa Area Command, marking one of the agency’s biggest anti-smuggling operations in recent times. Speaking during the formal handover of the…
A Federal High Court in Abuja has granted a fresh N200 million bail to the presidential candidate of the African Action Congress (AAC) and publisher, Omoyele Sowore, in his ongoing trial over alleged criminal defamation and cybercrime. Delivering a ruling on Tuesday, Justice Mohammed Umar ordered Sowore to provide two sureties as part of the…
By Seun Ibiyemi The Naira recorded a mixed performance against the United States dollar on Tuesday, closing at ₦1,379.80/$ at the official Nigerian Foreign Exchange Market (NFEM), while trading at higher rates in the parallel market. Data released by the Central Bank of Nigeria (CBN) showed the local currency remained within the ₦1,370 to ₦1,380…
Students of Osun State University (UNIOSUN) on Tuesday staged a protest over the alleged invasion of their hostels by newly recruited Nigerian Army personnel, accusing the recruits of harassing students and creating fear within the university community. The aggrieved students blocked the busy Ibokun Road in Osogbo for several minutes, disrupting traffic as they demanded…
…As IPMAN threatens nationwide fuel station shutdown By Seun Ibiyemi The Federal Government’s proposal to curb profiteering in the downstream petroleum sector has sparked mixed reactions from industry stakeholders, with petroleum marketers warning against any attempt to impose petrol price controls, while retail outlet owners backed regulatory intervention to protect consumers. The debate followed comments…
The Federal Government has announced plans to phase out the policy separating the administration of Junior Secondary Schools (JSS) from Senior Secondary Schools (SSS), describing the reform as ineffective and a major contributor to the rising number of students dropping out before completing secondary education. Minister of Education, Dr. Olatunji Alausa, disclosed this on Tuesday…
By Seun Ibiyemi Africa’s Global Bank, United Bank for Africa (UBA) Plc, has rewarded thousands of customers with more than ₦400 million in anniversary bonuses under its flagship UBA Bumper Account, reinforcing its commitment to customer loyalty and encouraging a stronger savings culture. The bank said the payout, one of the largest loyalty reward disbursements…
By Seun Ibiyemi Electricity Distribution Companies (DisCos) collected N203.61 billion from electricity consumers in April 2026, despite continued power supply challenges across the country, according to the latest commercial performance factsheet released by the Nigerian Electricity Regulatory Commission (NERC). The report showed that the 11 electricity distribution companies generated a total of N801.16 billion in…
The Federal Government has set an ambitious target of generating N2.5 trillion in independent revenue in 2026 as part of efforts to strengthen fiscal discipline, improve transparency, and boost non-oil revenue. The acting Executive Chairman and Chief Executive Officer of the Fiscal Responsibility Commission (FRC), Charles Abana, disclosed the target on Tuesday during a meeting…
