By Seun Ibiyemi The Nigeria Deposit Insurance Corporation (NDIC) has paid a cumulative N69.65 billion to insured depositors of failed financial institutions, reinforcing efforts to protect customers and sustain confidence in Nigeria’s banking system. The Director of Strategy Development at the NDIC, Gwa Uduak, disclosed this on Thursday during the opening of the corporation’s 2026…
By Seun Ibiyemi The Nigeria Labour Congress (NLC) has given the Federal Government a two-week ultimatum to reduce petrol prices, commence renegotiation of the national minimum wage and implement outstanding agreements with organised labour, warning that failure to meet its demands could trigger further action. The ultimatum, which commenced on Friday, October 9, 2026, was…
By David Oluwatosin The Chairman/Chief Executive of the National Drug Law Enforcement Agency (NDLEA), Brig. Gen. Mohamed Buba Marwa (retd.), has commended the Nigerian Army, Nigeria Police Force, Department of State Services (DSS) and other security agencies for the safe rescue of 20 prospective corps members and another person abducted in the South-East. Marwa described…
By David Oluwatosin The Chief of the Air Staff, Air Marshal Sunday Kelvin Aneke, has visited Igbokoda, Ondo State, to assess ongoing search, recovery and investigative operations following the crash involving a Nigerian Air Force (NAF) ATR 42 aircraft, NAF 931. Aneke led senior Nigerian Air Force officials to the accident site on Thursday, October…
The Presidency and the Edo State chapter of the All Progressives Congress (APC) have criticised African Democratic Congress (ADC) vice-presidential candidate Rotimi Amaechi over his claim that only “mad people” would vote for President Bola Tinubu in the 2027 presidential election, describing the former Rivers State governor as a political liability to former Vice President…
By Seun Ibiyemi The Ogun State Police Command has arrested a suspect, Adewale Ogoemi Arojah, for allegedly impersonating a popular cleric on Facebook and defrauding multiple victims of more than ₦18 million under the guise of providing prayers, prophecies and spiritual assistance. The suspect was arrested by operatives of the Ilaro Division following a complaint…
By Seun Ibiyemi The National Agency for Food and Drug Administration and Control (NAFDAC) has disowned a viral list circulating on social media that allegedly identifies products in the Nigerian market as fake, adulterated or substandard, warning Nigerians against sharing the unverified information. The Agency said the list did not originate from NAFDAC and should…
By Seun Ibiyemi The Nigerian Maritime Administration and Safety Agency (NIMASA) has removed the age restriction for its National Innovation Hackathon 2026, opening participation to all Nigerians aged 18 and above as it intensifies efforts to attract innovative solutions to challenges in the maritime and blue economy sectors. The agency announced the change following widespread…
…Targets 350,000 new meters By Seun Ibiyemi The Federal Government has stepped up efforts to attract private investment into Nigeria’s electricity sector, identifying accelerated metering, improved gas supply and rehabilitation of existing power infrastructure as priorities for boosting electricity delivery and strengthening market liquidity. The Minister of Power, Joseph Tegbe, disclosed this at the NAEC…
By Seun Ibiyemi The Federal Government has unveiled a fresh package of measures to cushion Nigerians against rising petrol prices, including a proposed N1,350-per-litre ceiling on petrol landing costs and a decision by the Nigerian National Petroleum Company Limited (NNPC) to forgo its retail profit margin for 30 days. The measures, announced by the Minister…
