“Our findings showed that some of the suspects were in contact with the abductors through telephone conversations”

By Yinka Kolawole The African Development Bank Group has approved a $200 million financing facility for the Bank of Industry (BoI), aimed at boosting industrial growth and strengthening private sector productivity across key sectors of the Nigerian economy. AfDB disclosed this in a statement, noting that the facility would provide medium- and long-term financing support […]

The Nigerian naira recorded a slight depreciation against the United States dollar across both the official Nigerian Foreign Exchange Market (NFEM) and the parallel market on Tuesday, May 19, 2026, amid continued demand pressures in the foreign exchange market.

…As Nigeria’s cotton output crashes by 95% By Yinka Kolawole The Federal Government has intensified efforts to revive Nigeria’s Cotton, Textile and Garment, CTG, industry, following a 95 percent decline in the country’s cotton production from about 200,000 metric tonnes in 2001 to roughly 10,000 metric tonnes in 2025. Minister of State for Industry, Senator […]

By Chioma Obinna As Nigerians join the rest of the world to mark this year’s World Hypertension Day, May 17, a Consultant Interventional Cardiologist at the Lagos State University Teaching Hospital, LASUTH, Dr. Ramon Moronkola, warned that millions of Nigerians may be living with high blood pressure unknowingly, raising concerns over the increasing burden of […]

By Cynthia Alo  The Federal Government, in a bid to improve livestock healthcare delivery, has completed and handed over new Veterinary Primary Health Centres in Lagos and Ogun states. The centres, located in the Epe area of Lagos and Ijebu Igbo in Ogun State, are part of the Federal Ministry of Livestock Development’s nationwide plan to […]

By Rosemary Iwunze The National Insurance Commission, NAICOM, has called on insurers to  transition from a product-centric approach to a customer-centric model. Commissioner for Insurance, Mr. Olusegun Ayo Omosehin, who stated this at the opening ceremony of the Insurance Week 2026, explained that customer-centric model entails actively involving clients in the product development process seeking their […]

Publisher and activist, Omoyele Sowore, did not open his defence on Tuesday in his ongoing trial before a Federal High Court in Abuja over alleged cyberbullying-related offences. Sowore is being prosecuted over allegations that he made defamatory statements against President Bola Ahmed Tinububy referring to him as “a criminal” in posts published on his X and Facebook […]

The companies shut down between 2002 and 2004 without paying workers their terminal benefits, leaving more than 9,000 employees jobless and financially stranded

By Efe Onodjae  Nigerian and other countries in West and Central Africa have committed over $27 billion to port infrastructure expansion projects aimed at strengthening regional trade integration, improving maritime logistics and driving economic growth across the sub-region. Managing Director of the Nigerian Ports Authority, NPA, Dr. Abubakar Dantsoho, disclosed this yesterday during the opening of […]

The Executive Secretary/CEO of the National Sugar Development Council, NSDC, Mr. Kamar Bakrin, has said that developing Nigeria’s sugar industry could significantly address unemployment, insecurity and rural community underdevelopment by creating massive jobs and attracting investments to rural communities. Bakrin stated this during a strategic meeting between the NSDC and the Nigeria Customs Service, NCS, […]

Founding leader of the All Progressives Congress (APC) in Delta State, Olorogun O’tega Emerhor, has praised the peaceful and orderly conduct of the party’s Delta Central senatorial primary, describing the exercise as free, fair, and credible. Speaking to journalists at Evwreni Ward 8 in Ughelli North Local Government Area, Emerhor commended party members for demonstrating […]

•Sub-Saharan Africa remains  most expensive By  Babajide Komolafe Diaspora remittances into Nigeria stabilised at $21.8 billion in 2025 despite mounting global economic pressures, tighter immigration policies in major economies and rising transfer costs across Sub-Saharan Africa. Vanguard analysis of  data from the Central Bank of Nigeria, CBN, Quarterly Statistical Bulletin for fourth quarter 2025, Q4’25, showed […]

By Joseph Erunke The National Association of Nigerian Students, NANS, Ogun Joint Campus Council,JCC, and the National Association of Ogun State Students, NAOSS, have endorsed the emergence of Ogun State Governor, Dapo Abiodun, as the All Progressives Congress, APC flag bearer for the Ogun East Senatorial District. The student bodies described Abiodun’s emergence as a […]

The anti-graft agency accused the former minister and her co-defendants of misappropriating about $1.3 million and N746.6 million.