Former Minister of Works and Housing, Babatunde Raji Fashola, has stated that granting full autonomy to local governments in Nigeria is currently unrealistic, citing constitutional limitations and political complexities. Speaking during a media engagement on Tuesday, Fashola emphasized that the Nigerian Constitution does not recognize local governments as independent tiers of government in the same
Nigeria’s total public debt may skyrocket to an estimated ₦160 trillion by the end of December 2025, amid continued borrowing by the Federal Government and rising debt servicing obligations. Financial analysts and economic experts have raised concerns following recent reports indicating a sharp rise in the country’s debt stock, which stood at ₦121.67 trillion as
Iranian authorities have carried out the execution of three men convicted of rape, according to an official statement released on Wednesday, July 16, 2025. The Iranian judiciary confirmed that the trio was found guilty after due legal proceedings and was sentenced to death in line with the country’s penal code, which permits capital punishment for
The Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, has disclosed that no fewer than 18 sitting governors are currently under investigation by the anti-graft agency for various financial infractions. Olukoyede made this revelation while addressing journalists on the commission’s ongoing efforts to tackle high-level corruption in Nigeria. He emphasized that the
In a significant win against rising insecurity, operatives under the Ilorin South Local Government Council’s Security Initiative have apprehended three serial kidnappers operating along the Idofian Road axis in Kwara State. The suspects were captured in the early hours of Tuesday, July 16, 2025, during a targeted operation at Abelu, a location long suspected to
Governor of the Central Bank of Nigeria (CBN), Mr. Yemi Cardoso, has been named Africa’s Best Central Bank Governor, marking a significant recognition of Nigeria’s renewed financial stewardship under his leadership. The prestigious award, conferred by a leading continental financial publication, celebrates Cardoso’s efforts in restoring confidence in Nigeria’s monetary system, navigating complex economic reforms,
A member of the Central Bank of Nigeria’s Monetary Policy Committee (MPC), Dr. Aliyu Dahiru Sagagi, has projected that the Nigerian Naira will appreciate significantly to ₦1,450 per US dollar by the end of December 2025. Dr. Sagagi made this forecast during a recent economic policy briefing in Abuja, expressing optimism that ongoing monetary and
The Prophet’s Mosque, known in Arabic as Al-Masjid an-Nabawi, remains one of Islam’s holiest sites and a deeply revered destination for Muslims across the globe. Situated in the city of Medina in the Kingdom of Saudi Arabia, the mosque is not only a religious sanctuary but also a spiritual magnet for millions who seek closeness
In what has been hailed as a groundbreaking feat in modern paediatric surgery, Saudi medical professionals have successfully carried out a complex operation to separate conjoined twins, Yara and Lara, at the King Abdullah Specialized Children’s Hospital in Riyadh. The announcement was made by Dr. Abdullah Al-Rabeeah, the Supervisor General of the King Salman Humanitarian
The Nigeria Customs Service (NCS) has seized illicit drugs and contraband goods valued at ₦20.5 billion in Rivers State, uncovering them in 16 concealed containers at the Port Harcourt Area II Command. Addressing journalists on Wednesday, July 16, 2025, the Comptroller General of Customs, Bashir Adewale Adeniyi, confirmed that the seizure followed credible intelligence and
