A political strategist and Group Chief Executive Officer of Global Investment and Trade Company, Baba Yusuf has raised fresh concerns over Nigeria’s growing insecurity, warning that very soon bandits will be in the 10th National Assembly. Speaking during an interview on television, Yusuf described the current security crisis as deeply troubling. According to him, the influence of bandits is expanding beyond rural communities and could soon threaten the country’s political structure, and warned that the situation could deteriorate to the point where bandits begin to infiltrate key national institutions, including…
Read MoreDomestic airlines bow to pressure, shelve planned flight suspension
Members of Airline Operators of Nigeria (AON) have suspended their planned nationwide shutdown over an alleged 300% increase in the price of Jet-A1. The suspension followed an appeal on Friday by the Federal Government urging them to refrain from increasing airfares or embarking on flight suspension over the alleged development. However, the operators warned that the suspension is temporary, stating that their next line of action depends on the outcome of a meeting with the Minister of Aviation & Aerospace Development, Festus Keyamo, scheduled for Wednesday. The AON announced the…
Read MoreFG bans importation of paracetamol, other essential drugs
The Federal Government has announced a sweeping ban on the importation of several essential goods, including widely used drugs such as paracetamol and other painkillers. The decision is part of a revised import prohibition list aimed at strengthening local industries and reducing pressure on foreign exchange. The updated directive, released by the Federal Ministry of Finance, and dated April 1, 2026, outlines seventeen categories of items that are no longer allowed into the country through any port. Observers say the move signals a tougher stance by authorities as they push…
Read MoreƊangote moves to sell 10% refinery stake in pan-African IPO
The Ɗangote Group has unveiled plans to divest a 10% stake in its 20 billion dollars, 650,000-barrel-per-day refinery through a Pan-African Initial Public Offering (IPO) scheduled for 2026. Aliko Ɗangote disclosed this at an event hosted by the Atlantic Council in Washington DC on Thursday. He said the planned share sale is aimed at supporting long-term investments while boosting participation in Africa’s capital markets. According to him, Ɗangote Petroleum Refinery and Petrochemicals FZE will pay dividends to shareholders in dollars after listing, although specific financial details of the planned offering…
Read MoreBandits abduct monarch, wife, one other in Kwara
Suspected bandits have reportedly attacked the palace of a traditional ruler in Olayinka community, Ifelodun local government area of Kwara State, abducting the monarch, his wife, and one other person in the early hours of yesterday. According to sources who spoke to newsmen, the armed men stormed the palace around 1:40 a.m., firing sporadically before taking the royal father to an unknown destination. “Yes; at Olayinka, about 1 am. His wife and one other person were also abducted”, he stated. Another source added: “The bandits invaded the palace around 1:40…
Read MoreTroops intercept large ammunition cache, explosives on Kaduna-Jos Road
Troops of ‘Operation Enduring Peace’ have intercepted a large cache of ammunition and suspected improvised explosive device (IED) components along the Kaduna–Jos Road. The operation was carried out on Thursday, at about 11:45 a.m. near Boys Science Secondary School on the Manchok–Jos axis in Kaduna State. According to the military, the troops, supported by a special forces tactical team, conducted a stop-and-search operation on a commercial vehicle – a navy-blue Opel wagon with registration number NSR 154 TA Kano – carrying seven passengers. A search of the vehicle led to…
Read MoreKano APC disowns ‘Arewa Forum’ over anti-Tinubu claim
The All Progressives Congress (APC) in Kano State has dismissed claims that it has withdrawn support for President Bola Tinubu’s second-term ambition, describing the report as entirely unfounded. In a statement issued yesterday, the party’s State Publicity Secretary, Auwalu Abdullahi, said the alleged declaration by a group identifying itself as the Arewa APC Forum, Kano State chapter, was neither authentic nor recognised by the party. According to him, the APC in Kano remains firmly aligned with the President and his administration, insisting that no legitimate organ of the party had…
Read More2027: ADC has become Nigeria’s true opposition” – Atiku
…Says party ready to defeat APC Former Vice-President Atiku Abubakar says the African Democratic Congress (ADC) remains the only opposition force ready to challenge and defeat the “failing” All Progressives Congress (APC) in the next general election. Abubakar made the remark in a post on 𝕏 yesterday, describing ADC as a party “strong in ideals and structure”. “I remain convinced that the ADC has risen as Nigeria’s true opposition force — one that is strong in ideals, structure, and resolve, and ready to challenge and defeat the failing APC in…
Read MoreTinubu assents to 2026 ₦68.32tr Appropriation Bill
…Extends 2025 Budget President Bola Tinubu has signed the 2026 Appropriation Bill into law, approving a total budget of ₦68.32 trillion. The President also assented to a separate Bill extending the implementation period of the 2025 budget from March 31, 2026, to June 30, 2026. According to a statement issued yesterday by his Senior Special Assistant on Information and Strategy, Bayo Onanuga, the 2026 Budget provides ₦4.799 trillion for statutory transfers and ₦15.8 trillion for debt servicing, while recurrent expenditure is projected at ₦15.4 trillion. A total of ₦32.2 trillion…
Read MoreIMF warns of tougher economic times for Nigerians
The International Monetary Fund (IMF), has warned that Nigerians may face tougher economic conditions in the near-term, as rising food and transportation costs continue to squeeze household incomes amid lingering global shocks. The Fund also raised concerns about Nigeria’s growing debt burden, even as crude oil prices surged above $113 per barrel in the international market, offering potential upside for government revenue. The price rally, driven partly by uncertainties around US–Iran peace talks linked to Middle-East tensions, has created expectations of stronger oil earnings for Nigeria. At current levels, Nigerian…
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