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The naira continued its positive momentum in the official foreign exchange market last week, appreciating by 0.72% (or ₦10.5) to close at ₦1,455.17 per dollar—its strongest level since December 2024, according to data from the Central Bank of Nigeria. The local currency also gained ground at the parallel market, strengthening by 0.88% to close at ₦1,475 per dollar. The improved performance in both markets was largely attributed to increased foreign […]

  After a period of relative calm in Nigeria’s public university system, the Academic Staff Union of Universities (ASUU) has declared a two-week warning strike, citing the federal government’s failure to meet key demands. The strike, which began at 12:01 a.m. on Monday, was announced by ASUU National President, Professor Chris Piwuna, during a press briefing in Abuja. Despite last-minute efforts by top government officials to prevent the action, ASUU […]

  Some international and domestic bilateral electricity customers continue to default on payments for power supplied by Nigeria’s grid-connected generation companies (GenCos), resulting in significant revenue shortfalls for the country’s power sector. Recent data covering the second quarter of 2025 reveals that six international bilateral customers who purchase electricity from GenCos made partial payments totaling $9.015 million, against a total invoice of $17.54 million for services rendered during the quarter. […]

  Between September 1 and October 9, 2025, the Seme Area Command of the Nigeria Customs Service recorded significant anti-smuggling operations along the Lagos–Abidjan Corridor, seizing contraband items valued at approximately ₦1.99 billion. Among the intercepted items were 10,000 bags of expired flour imported from Egypt, transported in five trucks. These goods, with a duty-paid value of ₦1.2 billion, were flagged as dangerous to public health, posing risks such as […]

  The National Association of Nigerian Students (NANS) has extended heartfelt congratulations to Professor Joash Ojo Amupitan (SAN) on his recent appointment as Chairman of the Independent National Electoral Commission (INEC). His appointment is seen as a well-deserved recognition of his distinguished career and unwavering commitment to national service. This significant national responsibility entrusted to Professor Amupitan reflects confidence in his exceptional credentials as a renowned academic, respected legal expert, […]

A coalition of political stakeholders from 22 local government areas in Oyo State, under the banner of G22 Renewed, has called for a rotational governorship system, citing what they describe as the long-standing dominance of the Ibadan zone in the state’s political leadership. At a press conference held at the Oyo State House of Assembly Complex in Ibadan, the group—made up of representatives from Oke-Ogun, Ogbomoso, Oyo, and Ibarapa zones—decried […]

The Council of State has approved the exercise of presidential mercy for 175 individuals across various categories, following a presentation by the Attorney-General of the Federation and Minister of Justice, Lateef Fagbemi (SAN), at a meeting held at the State House in Abuja. Among the beneficiaries are prominent historical figures, including Herbert Macaulay and former Federal Capital Territory Minister, Maj-Gen. Mamman Vatsa (retd). Members of the Ogoni Nine and Ogoni […]

The Federal Government has launched the National Digital Trustmark, a new initiative aimed at curbing online fraud, identity theft, scams, and forgery in Nigeria’s digital business space. Unveiled in Abuja by the Director General of the National Information Technology Development Agency (NITDA), Malam Kashifu Inuwa, the Trustmark is designed to promote trust, transparency, and credibility in online transactions. Developed in collaboration with the Corporate Affairs Commission (CAC), Central Bank of […]