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Nigeria records $947m remittances in July, nears $1bn monthly target

By Babajide Komolafe LAGOS — Nigeria recorded $947 million in remittance inflows through International Money Transfer Operators (IMTOs) in July 2026, the highest monthly inflow ever recorded through formal channels, according to the Central Bank of Nigeria (CBN). The figure brings the apex bank closer to its $1 billion monthly remittance target set by Governor […]
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Senate rejects retirement benefits for presiding officers

By Inalegwu Shaibu ABUJA—The Senate yesterday rejected moves to provide special welfare benefits for former Senate Presidents and Deputy Senate Presidents. The move which was upon the recommendation of the Senate Ad Hoc Committee on the immortalisation of late Senators was turned down by the Senators on the ground that it will be self serving […]

Security agents chase away EDSOPADEC staff from office

SECURITY agents, yesterday, chased away from their offices members of Edo State Oil and Gas Producing Areas Development Commission (EDSOPADEC) who resumed duties, following a Benin High Court judgment which declared null and void their sack by the dissolution of the commission by Governor Adams Oshiomhole.

I didn’t blow up Shell pipeline, say Ex-militant leader, John Togo

EX-MILITANT leader, John Togo, has said there was no truth in the allegation that militants blew up a pipeline belonging to Shell Petroleum Development Company (SPDC) in Bayelsa State, a claim the Movement for the Emancipation of the Niger-Delta (MEND) also debunked yesterday.

Nigeria’s crisis deepening, ICG warns

The political and security situations in Nigeria could deteriorate rapidly in the near future, unless the country speedily returns to a clear constitutional track, the International Crisis Group, ICG, a global conflict prevention think-tank, has warned. In a commentary jointly authored by ICG President, Louise Arbour and its Nigerian board member, Ayo Obe, titled “Leaderless […]

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