August 11, 2025

General

General

Exclusive: Inside the Selection Process for the Next Awujale of Ijebuland

The procedure for selecting the new Awujale of Ijebuland in Ogun State has come to light following the passing of the revered Oba Sikiru Adetona, the immediate past Awujale and paramount ruler of Ijebuland. Oba Adetona, who was Nigeria’s longest-serving monarch, died at the age of 91 on Sunday and was laid to rest at

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General Politics

2027 Presidency: Kwankwaso Open to Taking Over as Tinubu’s Running Mate, Says Insider

In a surprising development ahead of the 2027 general elections, a close confidant of Rabiu Musa Kwankwaso, the presidential candidate of the New Nigeria Peoples Party (NNPP), has hinted that the former Kano State governor is open to replacing Vice President Kashim Shettima as President Bola Tinubu’s running mate. The source, who spoke exclusively with

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General SEC

SEC Launches Probe into 79 Suspected Ponzi Schemes Operating Nationwide

The Securities and Exchange Commission (SEC) has revealed that it is actively probing 79 suspected Ponzi schemes currently operating within Nigeria. This sweeping investigation underscores growing concerns about fraudulent investment activities undermining investor confidence and financial stability across the country. According to an official statement from the SEC, these schemes span various states and have

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General

Calabar Erupts in Anger as Court Orders Defendant’s Remand Following Conclusion of Proceedings

Tensions ran high in Calabar yesterday as members of the public expressed outrage after a local court ordered the remand of a defendant immediately following the close of proceedings. The unexpected development sparked protests among supporters and onlookers, who questioned the timing and fairness of the judicial decision. The defendant, who has been standing trial

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General

Naira Climbs to Four-Month Peak, Breaks Through N1520 to One Dollar Threshold

The Nigerian Naira has recorded a notable surge against the US dollar, reaching a four-month high by breaking the N1520 per dollar mark in the foreign exchange market. This upward momentum reflects renewed investor confidence and improved forex liquidity, signaling a positive shift in Nigeria’s currency stability amid ongoing economic challenges. Market analysts attribute the

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General

Obasanjo Urges Chartered Accountants to Lead Anti-Corruption Reforms

Former President Olusegun Obasanjo has called on chartered accountants in Nigeria to take a leading role in combating corruption, which he described as dangerously becoming a norm in the country. The former Head of State made this call on July 10, 2025, when he received the leadership of the Institute of Chartered Accountants of Nigeria

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General Military

CDS Urges Host Communities to Safeguard National Assets from Vandalism

The Chief of Defence Staff (CDS), General Christopher Gwabin Musa, has called on host communities across the Niger Delta to take greater responsibility in protecting national infrastructure, particularly oil pipelines and other strategic assets. The appeal was made on July 15, 2025, during a stakeholders’ engagement organised by Pipeline Infrastructure Nigeria Limited (PINL) in Port

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Fraud General

Court Orders Final Forfeiture of ₦335 Million, Galaxy Hospital, Petrol Stations and Properties Over Alleged Fraud

A Federal High Court sitting in Lagos has granted the final forfeiture of ₦335 million, Galaxy Hospital, five petrol stations, and multiple landed properties linked to an alleged fraud case under investigation by the Economic and Financial Crimes Commission (EFCC). The judgment, delivered in July 2025, followed the commission’s application after an earlier interim forfeiture

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General OPEC

Nigeria Achieves OPEC Output Quota with 1.5 Million Barrels Per Day in June 2025

Nigeria has once again reached a significant milestone in its oil production target, attaining the Organisation of the Petroleum Exporting Countries (OPEC) quota of 1.5 million barrels per day (bpd) in June 2025. This marks the second time the country has met the benchmark this year, the first being in January. According to OPEC’s latest

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Assault Crime General

Sanwo-Olu Vows Legal Action Against Attackers of LASTMA Officials

Lagos State Governor, Babajide Sanwo-Olu, has issued a strong warning against individuals assaulting officials of the Lagos State Traffic Management Authority (LASTMA), vowing that perpetrators will face the full wrath of the law. The governor made this declaration on Tuesday, July 15, 2025, in response to the increasing reports of violent attacks against LASTMA personnel

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