Nigeria’s new finance minister Taiwo Oyedele who on Friday assumed office, pledged to consolidate economic stabilisation efforts and deepen reforms to deliver tangible benefits for citizens. Oyedele, who took over from predecessor Wale Edun, said Nigeria was at a critical juncture and must build on gains already made to strengthen growth and stability. He outlined...
Category: News
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Nigeria Inaugurates Military Court Over Alleged Coup Plot
The Nigeria armed forces on Friday inaugurated a panel of justices for a General Court Martial to try 36 serving officers accused of involvement in an alleged coup plot, the Defence Headquarters said. Authorities had denied reports of the plot late last year before announcing in January that a plan to overthrow the government had...
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UEFA Ban Benfica Winger Over Discriminatory Conduct
UEFA banned Benfica winger Gianluca Prestianni for six matches after a controversial incident in their Champions League clash against Real Madrid on February 17. The football governing body said that they had taken the decision to ban the Argentine “for discriminatory conduct”. Three of those matches are suspended for a two-year probationary period. UEFA said...
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FCCPC Seals Abuja Supermarket Over Pricing Violations
Nigeria’s Federal Competition and Consumer Protection Commission said it carried out an enforcement operation at a supermarket in Guzape, Abuja, following consumer complaints about irregular pricing practices. During the inspection, the commission said it identified several potential consumer protection violations, including discrepancies between shelf prices and checkout prices, products displayed without price tags, expired goods...
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Over 2,400 Cadets Trained Under NSDP, 1,088 Earn CoC — Oyetola
This The Minister of Marine and Blue Economy, Dr. Adegboyega Oyetola, said 2,459 cadets have been sponsored under the Nigerian Seafarers Development Programme (NSDP) for training in maritime institutions across United Kingdom, Egypt, the Philippines, India, and Romania since inception of the initiative. Oyetola also disclosed that 1,088 beneficiaries of the programme have obtained their...
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Importers To Pay N1,000 For SONCAP Default Fees As Port Congestion Worsen
The Federal Government has introduced a temporary Standards Organisation of Nigeria Conformity Assessment Programme (SONCAP) default arrangement to resolve issues affecting the attachment of Shipment Certificates during the Pre-Arrival Assessment Report (PAAR) processing on the National Single Window (NSW) platform. In a notice issued to importers yesterday, the NSW management said the intervention is designed...
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Over 1.5 Million Nigerian Children have Sickle Cell Disease – Lancet Study
Nigeria accounts for the highest burden of sickle cell disease (SCD) globally, with an estimated over 1.5 million children under the age of 15 living with the condition, a major new international study published in The Lancet Child & Adolescent Health has revealed. The study, led by Professor of Public Health at Teesside University, United...
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Coup Suspect Arrives In Court Ahead of Arraignment
One of the defendants in the alleged coup plot case, Abdulkadir Sani, arrived early at the Federal High Court in Abuja ahead of his arraignment, while five others were yet to appear as proceedings were set to begin. He is the only defendant not currently in custody. The Federal Government has filed a 13-count charge...
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Cyprus Prepares To Host Key EU Leaders’ Summit
Cyprus is ramping up preparations to host a high-level European Union summit, with leaders from across the bloc set to convene on the island to tackle a range of pressing regional and global issues. The gathering is expected to focus heavily on migration pressures in the Mediterranean, energy security amid shifting global markets, economic resilience,...
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Boeing Reports Small Loss, Points To Progress On Turnaround
Boeing reported a small quarterly loss following an uptick in commercial plane deliveries as the aerospace giant pointed to progress on a turnaround after a long period of stumbles. The US aircraft manufacturer reported a loss of $90 million in the first quarter of 2026, compared with a loss of $123 million in the year-ago...