Economist and Managing Director of Financial Derivatives Limited, Bismarck Rewane, has projected that the naira would trade within N1,600-N1,650 to a dollar in the near term. Rewane said this during his presentation at the June edition of the Lagos Business School Breakfast session. The analysts who did a mid-term economic review of the current administration […]
Troops of 6 Division, Nigerian Army (NA), have arrested 43 suspected oil thieves, uncovered 27 illegal bunkering sites, as well as recovered over 161,000 litres of stolen products across the Niger Delta in the latest crackdown. The operations were conducted in synergy with other security agencies between May 26 and June 8, 2025. According to […]
Spain coach Luis de la Fuente said his side were “already thinking about the World Cup” after Sunday’s Nations League final loss on penalties to Portugal in Munich. “From this very moment we are already thinking about the next World Cup, which is our goal. With the way we approach things, we are sure to […]
Portugal beat neighbours Spain in a penalty shootout to settle a frantic final in Munich and win their second Nations League trophy. Cristiano Ronaldo pulled Portugal level at 2-2 in the 61st minute, but there was nothing else to separate the two sides when the referee signalled the end of normal time. Subbed off before […]
President Donald Trump’s sweeping new travel ban came into effect early Monday immediately after midnight, barring citizens from a dozen nations from entering the United States and reviving a divisive measure from his first term. The move is expected to disrupt refugee pathways and further restrict immigration as the Trump administration expands its crackdown on […]
Thirty-four embassies in Abuja risk being closed down by the Federal Capital Territory Administration over unpaid ground rents spanning 11 years, The PUNCH reports. The PUNCH, however, learnt that the opposition Peoples Democratic, Federal Inland Revenue Service and the National Agency for the Prohibition of Trafficking in Persons, who were also listed as defaulters, had […]
The Lagos State Judiciary has launched its electronic affidavit system, now making it mandatory for all general affidavits to be processed exclusively online via the Lagos Comis Platform. The new policy took effect on June 1 following a directive from the Honourable Chief Judge of Lagos State. The new system applies to all non-litigation affidavits, […]
The National Agency for Food and Drug Administration and Control (NAFDAC), Ogun II Office, Ota, has sealed the facilities of 39 illegal packaged water producers in the state between February and June. Mr Mawo Benu, Ogun II State Coordinator, disclosed this in an interview with the News Agency of Nigeria (NAN) on Wednesday in Ota, […]
The Minister of Defence, Badaru Abubakar, has revealed that Nigeria is steadily moving from dependence on foreign military procurement to local production. In a statement made available to newsmen on Wednesday by Mati Ali, the Personal Assistant on Media and Publicity to the minister, Badaru stated that “this aims to facilitate local production, repairs, refurbishment, […]
Elon Musk has publicly condemned President Donald Trump’s proposed spending bill, calling it an “outrageous, pork-filled, disgusting abomination” just days after his departure from a White House advisory role, The Independent UK reported. The billionaire entrepreneur, who recently completed a 130-day stint as a special government employee leading the Department of Government Efficiency, voiced his […]
Customs Area Controller, Oyo/Osun Area Command of the Nigeria Customs Service, Comptroller Joseph Adelaja, has stated that the command generated N25,777,379, 328.17 covering the period of March to May 2025. Adelaja said the generated revenue represents an increase of 36.67 per cent when compared to the sum of N18,168, 204,255.04 collected in the same period […]
The United Nations General Assembly on Tuesday elected five new non-permanent members to the UN Security Council. Bahrain, Colombia, the Democratic Republic of the Congo (DRC), Latvia, and Liberia secured two-year terms starting in January 2026. Their tenure will run through the end of 2027 on the Council, which bears primary responsibility for maintaining international […]