…As Comptroller Oshoba credits reforms, forex stability By Seun Ibiyemi The Nigeria Customs Service (NCS), Apapa Area Command, generated a record N323 billion in revenue in July 2026, marking the highest monthly collection ever recorded by the command. The latest performance surpassed the N304 billion collected in October 2025, which was previously one of the…
Galatasaray have reportedly ruled out the sale of Nigerian striker Victor Osimhen despite growing interest from European and Saudi clubs during the summer transfer window. Osimhen has attracted reported interest from Premier League side Arsenal and Saudi Pro League club Al-Hilal, with both clubs monitoring the 27-year-old forward. Al-Hilal are said to be considering Osimhen…
The political rift between Ogun State Governor, Dapo Abiodun, and his predecessor, Gbenga Daniel, has deepened, with both camps trading claims over political loyalty ahead of the 2027 general elections. Abiodun on Thursday accused Daniel of drifting away from the mainstream of the All Progressives Congress (APC), citing his alleged association with the Peoples Democratic…
The naira strengthened further against the United States dollar on Thursday, supported by recent measures by the Central Bank of Nigeria (CBN) to ease restrictions on banks’ access to foreign exchange and government securities transactions. The local currency appreciated by N2.93 at the Nigerian Foreign Exchange Market (NFEM), with the dollar quoted at N1,357.65, compared…
The Federal Government has reached a resolution with domestic airlines and aviation unions to address outstanding financial obligations and labour disputes that recently disrupted flight operations at some Nigerian airports. The agreement was reached at an emergency meeting convened by the Minister of Aviation and Aerospace Development, Festus Keyamo, with the Airline Operators of Nigeria…
By Seun Ibiyemi The Debt Management Office (DMO) has offered a total of N1.1 trillion worth of Federal Government of Nigeria (FGN) bonds for subscription in its August 2026 auction as the government continues to raise funds through the domestic capital market. The auction, scheduled for August 17, 2026, comprises three re-opened FGN bonds with…
By Seun Ibiyemi More than 100 traders and residents of New Gbagi Market in Ibadan, Oyo State, have benefited from a free dental and basic healthcare outreach organised by the University of Ibadan Association of Dental Students (UADS) in partnership with SIFAX Group. The community outreach, held on July 25 under the Committee on Dental…
By Seun Ibiyemi The Nigerian National Petroleum Company Limited (NNPC Ltd.) has said the Federal Government’s new tax incentive for deep offshore oil and gas projects could unlock more than $50 billion in fresh investments and accelerate the development of Nigeria’s untapped offshore resources. NNPC said the signing of the Deep Offshore Oil and Gas…
President Bola Ahmed Tinubu has assured oil and gas workers that Nigeria’s refineries will be restored to full and sustainable operations, stressing that the facilities must become profitable and deliver value to Nigerians. Tinubu gave the assurance on Thursday at the State House, Abuja, while receiving the newly elected leadership of the Nigeria Union of…
By Seun Ibiyemi The National Chairman of the Accord Party, Prof. Christopher Imumolen, has announced the withdrawal of the party’s support for Osun State Governor, Ademola Adeleke, and endorsed the governorship candidate of the All Progressives Congress (APC), Asiwaju Munirudeen Bola Oyebamiji, ahead of Saturday’s governorship election. Imumolen made the declaration on Thursday at the…
