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2027: Battle for PDP’s soul deepens as factions dig in

2027: Battle for PDP’s soul deepens as factions dig in

The Peoples Democratic Party, PDP, has again found itself mired in crisis, after a Federal High Court, in Abuja, stopped the Independent National Electoral Commission, INEC, from recognising the outcome of its proposed national convention in Ibadan, Oyo State.

Stock market investors gain N7.25trn in October

Stock market investors gain N7.25trn in October

•As profit taking drags down Index by 0.97% W/W By Peter Egwuatu   Stock market investors on the Nigerian Exchange Limited, NGX, have gained over N7.25 trillion in one month, as market capitalisation, which measures the total value of stocks listed on the Exchange, closed in October at N97.83 trillion from N90.580 trillion in September 2025. However, […]

SEC, CBN, EFCC partner to track, freeze illicit digital wallets

SEC, CBN, EFCC partner to track, freeze illicit digital wallets

…As Nigerians lose over N174bn to fraudulent schemes By Obas Esiedesa  In a major step to strengthen oversight over Nigeria’s fast-growing digital finance ecosystem, the Securities and Exchange Commission (SEC) has disclosed that it is collaborating with the Central Bank of Nigeria (CBN) and the Economic and Financial Crimes Commission (EFCC) to track and freeze illicit digital […]

Gas policy under threat as flaring worsens

Gas policy under threat as flaring worsens

•$4.9bn gas investments yet to fully pay off  •Past PSCs did not incentivize firms to invest in non-associated gas — NUPRC •Nigeria needs coordinated action to unlock gas potential —NGA By Udeme Akpan, Energy Editor Nigeria’s ambition to power homes and industries with its abundant gas reserves faces a deepening dilemma, following rising gas flaring in the […]

Banks’ deposits in CBN rise 395% to N198trn 

Banks’ deposits in CBN rise 395% to N198trn 

By Elizabeth Adegbesan Banks’ deposit with the Central Bank of Nigeria, CBN, in form of Standing Deposit (SDF) grew by 395.8 percent, YoY,  to N198.08 trillion in the first ten months of the year (10m’25) from N39.95 trillion in the corresponding period of 2024 (10m’24), reflecting excess liquidity in the banking system.     Trend analysis showed […]

Fear grips VI as 4-man gang snatch Mercedes-Benz SUV

Fear grips VI as 4-man gang snatch Mercedes-Benz SUV

By Emma Una Panic has gripped residents and business operators in Victoria Island, Lagos, following a daring midnight robbery in which gunmen stole a brand-new 2025 Mercedes-Benz GLE 350 at gunpoint. The black luxury SUV, with registration number WTO 21 AM, was reportedly taken by a four-man armed gang around Akin-Olugbade Street in the early […]

Police probe inspector over alleged misconduct

Police probe inspector over alleged misconduct

By Mathew Johnson The Force Criminal Investigation Department (FCID), Annex, Alagbon, Ikoyi, Lagos, has launched an investigation into allegations of extortion, intimidation, and unprofessional conduct levelled against one of its officers by a Lagos-based couple, Mr. and Mrs. Chidi Mitchell Onyiah. The probe followed a petition addressed to the Inspector-General of Police, Kayode Egbetokun, by […]

Lagos police probe murder after missing motorcyclist found dead

Lagos police probe murder after missing motorcyclist found dead

By Esther Onyegbula The Lagos State Police Command has launched an investigation into the gruesome murder of a commercial motorcyclist, Afesomu Amos, whose dismembered body was discovered in Ade-Odo, Ogun State, a week after he went missing. Amos, a resident of Ajara-Vetho in Badagry, was last seen on October 24, 2025, after dropping off a […]

Family demands justice as Nigerian man dies in ‘death camp’

Family demands justice as Nigerian man dies in ‘death camp’

By Joseph Erunke The Okeadu family of Imo State has cried out for justice over the gruesome death of their son, Obinna Okeadu, who allegedly died in a notorious job scam and slave camp operating between Thailand and Myanmar, where dozens of Nigerians are feared trapped. The grieving family is urging the Federal Government of […]