Military investigators probing the alleged attempted coup are working with the Economic and Financial Crimes Commission and the Nigeria Financial Intelligence Unit to unravel the financial flows linked to individuals accused of bankrolling the plot, The PUNCH has learnt. This was as indications emerge that the bank accounts of some of the suspects might have […]

Victor Osimhen is a new target for Barcelona as they ready a thrilling striker signing to move on from Robert Lewandowski, has been revealed. Mundo Deportivo’s Barcelona correspondent, Gabriel Sans, has told Turkish radio station Radyospor that Hansi Flick’s side have added Osimhen to their striker shortlist. Barcelona are ‘‘keeping a close eye’’ on Osimhen, […]

Petroleum marketers have warned that the pump price of Premium Motor Spirit, popularly called petrol, could exceed N1,000 per litre following President Bola Tinubu’s approval of a 15 per cent ad valorem import tariff on fuel imports. The new policy, which takes effect after a 30-day transition period expected to end on 21 November 2025, […]

Poland’s state-owned development bank, Bank Gospodarstwa Krajowego (BGK), has launched a $1.1 billion program aimed at helping local companies expand into Africa. The initiative seeks to boost trade with the fast-growing continent, which currently accounts for only about 1.2 per cent of Polish exports. BGK has already financed a $70 million railway project in Tanzania […]

House of Representatives, yesterday, approved President Bola Ahmed Tinubu’s request to raise a total of $2.347 billion from the international capital market to part-finance the 2025 budget deficit and refinance maturing Eurobonds. The approval followed the consideration and adoption of a report by the House Committee on Aids, Loans, and Debt Management, chaired by Abubakar […]

President Bola Tinubu has withdrawn the pardon earlier granted to 175 convicts, including drug traffickers, kidnappers and fraudsters, following public outrage that trailed the initial clemency list released on October 11. This came as the President ordered a review of the pardon granted at the National Council of State meeting on October 9, 2025. A […]

Military investigation into the alleged coup plot has reportedly uncovered a trail of N45 billion disbursed from the bank accounts of the Niger Delta Development Commission to some politically exposed persons and the soldiers detained in connection with the rumoured conspiracy to topple President Bola Tinubu’s administration. Earlier this month, Sahara Reporters reported that 16 […]

The new Chief of Naval Staff, Rear Admiral Idi Abbas, on Thursday assumed office, pledging to intensify the fight against crude oil theft, illegal bunkering and other maritime crimes threatening Nigeria’s economy. Speaking at the Navy Headquarters in Abuja during the handing-over ceremony, the 23rd Chief of Naval Staff acknowledged that despite notable achievements, Nigeria’s […]

President Bola Tinubu has approved a 15 percent ad-valorem import duty on diesel and premium motor spirit (PMS), also known as petrol. This was announced in a letter dated October 21, 2025, where the private secretary to the president, Damilotun Aderemi, conveyed Tinubu’s approval to the Federal Inland Revenue Service (FIRS) and the Nigerian Midstream […]

The Inspector-General of Police, Kayode Egbetokun, has approved the appointment of Assistant Inspector-General of Police, Nkechi Eze, as the first Director of the newly established Directorate of Force Medical Services. In a statement on Thursday, the Force Public Relations Officer, CSP Benjamin Hundeyin, said Eze’s appointment follows the recent upgrade of the Nigeria Police Force […]

Nobel laureate, Professor Wole Soyinka, on Tuesday announced that the United States of America has revoked his visa, making his entry into the country impossible for now. Soyinka disclosed this during a media parley held at Kongi’s Harvest Gallery, Freedom Park, Lagos Island, saying he was unaware of any wrongdoing that could have warranted the […]

A new report published by Quartus Economics has revealed that Nigeria’s economy has experienced a significant improvement; however, poverty levels in the country continue to rise. Between 2014 and 2023, Nigeria’s GDP growth slowed due to internal policy challenges, structural weaknesses, and external economic shocks. The country’s apex bank, the Central Bank of Nigeria (CBN), […]