By Olakunle Oke The Ogun State Police Command has provided an update on the case involving Abigeal Nsikak, popularly known as Mirabel on TikTok, following a rape allegation she made online. According to the Command, the complainant reported at the police station where she was received and subsequently taken to a medical facility for examination…
By Seun Ibiyemi The Nigerian equities market remained in negative territory on Wednesday as investors lost N74 billion amid sustained sell pressure across major stocks. Market capitalisation on the Nigerian Exchange Limited declined from N124.827 trillion at the opening of trading to N124.753 trillion at the close, representing a drop of N75 billion or 0.06…
By Adeyemi David President Bola Tinubu on Wednesday called on the leadership of the 10th Senate to initiate constitutional amendments that would provide for the establishment of State Police. The President made the appeal during an interfaith breakfast with senators at the Presidential Villa, Abuja, according to a statement issued by his spokesperson, Bayo Onanuga.Tinubu…
By Seun Ibiyemi The Executive Chairman of the National Revenue Service (NRS), Zach Adedeji, has said the 2026 tax reforms position the agency to generate N40.7 trillion in taxes and royalties. Adedeji made this known on Wednesday at a roundtable in Abuja organised by the House of Representatives Committee on Appropriations for key stakeholders in…
By Seun Ibiyemi Nestlé Nigeria Plc has reported a 26 per cent increase in revenue to N1.2 trillion for the full year ended December 31, 2025, compared to N958.8 billion recorded in 2024. The company disclosed this in its corporate filing with the Nigerian Exchange Limited on Wednesday, highlighting a strong financial turnaround during the…
By Seun Ibiyemi The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has issued a final reminder to prospective investors, announcing that the window for pre-qualification applications for the Nigeria 2025 Licensing Round will close on Friday, February 27, 2026. In a public notice released on Wednesday, the Commission stated that the registration and submission portal would…
By Seun Ibiyemi The Economic and Financial Crimes Commission, EFCC, on Wednesday, February 25, 2026, arraigned three senior officials of the Nigerian Railway Corporation (NRC) before a Lagos State High Court sitting in Ikeja over alleged abuse of office, money laundering, collection of bribes from railway contractors to secure contracts from the NRC, and unlawful…
By Olakunle Oke A coalition of civil society organisations under the aegis of the Coalition for Good Governance (CGG) has called on the Lagos State Government not to rescind its decision to clear buildings erected under high-tension power lines in Makoko, while also demanding the immediate implementation of a comprehensive development plan for the waterfront…
By Adeyemi David President Bola Tinubu on Wednesday tasked Olatunji Disu, the Acting Inspector-General of Police, to take full charge of the force, restore peace, and strengthen security across the country. The President made the remarks while decorating Disu at the Council Chambers of the Presidential Villa as Acting IGP, following the retirement of Kayode…
By Femi Akinwami An Ikeja Special Offences Court on Wednesday admitted a petition and 39 annexures as evidence in the ongoing trial of former Ahmed Kuru amcon md”], former Managing Director of the Asset Management Corporation of Nigeria (AMCON), over an alleged fraud involving N76 billion and $31.5 million.Alleged $25.5m debt: Court freezes account of Green…
