News Editor

NDLEA Destroys Largest Drugs Seizure Of 1.6 Million Kilograms

The National Drug Law Enforcement Agency (NDLEA) said it has destroyed heaps of illicit drugs weighing about 1.6 million kilograms of assorted illicit substances seized across Lagos, Ogun, and Oyo states, in what is still the largest volume of seizures to be

April 13, 2025

African Govts Urged To Harness $95b Diaspora Remittances For Health Financing

The Africa Centres for Disease Control and Prevention (Africa CDC) has urged African governments to harness the continent’s annual US$95 billion in diaspora remittances towards supporting national health priorities. According to a statement released on Friday, taking advantage of the funds is

April 13, 2025

Bitcoin

Bitcoin Nears $84k Amidst Trade War Fears

Bitcoin recovered, surging towards $84,000 on Saturday amidst trade war uncertainties between the United States and other countries. It rebounded from losses sustained earlier in the week. The price of Bitcoin dipped as low as $74,700 on Monday, fueled by concerns over

April 13, 2025

Naira Ends Week Strong, N1,626.00/$1 At Official Market

The naira edged up slightly against the US dollar at the official foreign exchange market to close the week at N1,626.00/$1 on Friday. The gain is based on data published by the Central Bank of Nigeria (CBN), when compared to the previous

April 13, 2025

Lagos Seals 13 Markets Over Illegal Waste Disposal

In an effort to promote environmental cleanliness and safeguard public health, the Lagos State Government has sealed 13 markets across the state for persistent violations related to illegal waste disposal. This was disclosed by the state’s Commissioner for Environment and Water Resources,

April 13, 2025

Reforms: Fitch Upgrades Nigeria’s Credit Rating To B

Nigeria’s credit rating has been raised to B by Fitch Ratings, though this still places it in the speculative-grade category. The decision to upgrade the country’s status was due to improved policy credibility and lower short-term risks to economic stability. This rating

April 13, 2025

FG Constitutes Committee To Study Impact Of New US Tariffs

The federal government has set up a subcommittee to evaluate the potential economic impact of the recent trade tariffs by the United States government. In a statement issued on Friday by the director of information and public relations at the ministry, Mohammed

April 13, 2025

Oando Pipelines In Bayelsa Hit By Sabotage Attacks

Oil producer Oando Plc said three sabotage attacks had targeted its pipelines in the oil-rich Bayelsa State over the past week. In a statement as reported by Reuters, Oando, which now owns Eni’s former unit Nigerian Agip Oil Co, said late on

April 13, 2025

Our Sallah Visit to Buhari Was Not About Coalition, Atiku Clarifies

Former Vice President Atiku Abubakar has put to rest rumours that his visit to former president Muhammadu Buhari at his residence in Kaduna on Friday was for coalition talks. Atiku, who led a delegation of prominent politicians on a courtesy visit to

April 13, 2025

The Opposition Coalition Is Nothing but a Failed Joint Venture, Says Ganduje

The National chairman of the All Progressives Congress, Abdullahi Ganduje, has dismissed the recent visit of the opposition led by former vice president, Atiku Abubakar, as a wasted effort and not a threat to the ruling party or President Bola Tinubu. He

April 13, 2025

Nigeria, Others Get Hit As U.N. To Cut 20% Staff Capacity

The United Nations Office for the Coordination of Humanitarian Affairs has listed Nigeria and nine other countries as those most affected, as it will cut 20% of its staff due to a shortfall of $58 million. The U.N. aid chief Tom Fletcher

April 13, 2025

Naira-For-Crude Policy Will Bring Down Petrol Prices — PETROAN

The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has expressed strong support for the Federal Executive Council’s recent approval of the continuation of the Naira-for-Crude policy — a move the association believes could mark a turning point in the country’s

April 12, 2025

US Tariff Decision a ‘Wake-Up Call’ For Africa, Says UNDP

The United Nations Assistant Secretary General and United Nations Development Programme (UNDP) Regional Director for Africa, Ahunna Eziakonwa, says the recent tariffs announced by the United States are a wake-up call for Africa to go beyond foreign aid. She believes the technicalities

April 12, 2025

Apple’s iPhone 16 Hits Indonesia Stores After Monthslong Ban

Smartphone buyers were cheered by shopkeepers in Jakarta on Friday after Apple’s latest smartphone went on sale following a months-long ban in Indonesia. The marketing and sale of iPhone 16 models was prohibited by the government in October over Apple’s failure to

April 12, 2025

Ndume Urges Tinubu to Declare State of Emergency on Security, Economy

The lawmaker representing Borno South Senatorial District, Ali Ndume, has called on President Bola Tinubu to declare a state of emergency in the nation’s security and economy sectors. He made this call on Friday during an interview on Channels Television’s Politics Daily,

April 12, 2025

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