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UD Almería have confirmed a significant shift in the club’s ownership structure, announcing fresh investment from one of the most recognisable figures in global football, Cristiano Ronaldo. In a statement released on Thursday, the Spanish club disclosed that Ronaldo has joined its ownership consortium, acquiring a 25 per cent stake through CR7 Sports Investments, a subsidiary of his business entity, CR7 S.A. The acquisition forms part of a broader strategic […]

The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has told the Senate that Nigeria’s current public debt stock of approximately N152 trillion is largely the result of liabilities inherited from previous administrations, as well as the impact of exchange rate adjustments on the country’s external obligations. Edun made the clarification while appearing before the Nigerian Senate Committee on Finance during the defence of the proposed 2026 […]

The Supreme Council for Shariah in Nigeria (SCSN) has insisted that no authority, whether domestic or foreign, can compel Muslims to abandon the practice of Shariah, describing it as an inseparable component of Islamic faith and one that is fully protected under Nigeria’s Constitution. The Council’s position was made public by its Secretary-General, Nafiu Baba Ahmad, in response to concerns reportedly raised by members of the United States Congress regarding […]

Justice James Omotosho of the Federal High Court sitting in Maitama, Abuja, on Thursday declined an application by the defence in the ongoing trial of former Minister of Power, Saleh Mamman, to call a prosecution witness as part of its case in the alleged N33.8 billion fraud charge. At the resumed hearing, defence counsel, Femi Atteh, SAN, made an oral application seeking permission for Abdulkareem Ibrahim Ozi, who had earlier […]

  At least 25 people have been killed in two separate attacks by suspected Boko Haram fighters in Adamawa State, northeastern Nigeria, in renewed violence that has heightened fears among residents of border communities. The attacks occurred in Madagali and Hong local government areas, both located near Nigeria’s border with Cameroon, a region that has experienced repeated incursions by insurgents over the years. According to local accounts, gunmen believed to […]

  The Oyo State Government has commenced preparations for the 2026 World Egungun Festival, with the Commissioner for Culture and Tourism, Wasiu Olatubosun, leading a high-level stakeholders’ briefing and interactive session in Ibadan. The meeting, held at the Ministry of Finance and Planning Conference Room, brought together more than thirty groups and associations drawn from traditional institutions, cultural bodies and community-based organisations. Among those represented were Araba Ile Ibadan, Jagunjagun […]

  Oyo State Governor, Seyi Makinde, has revealed that no fewer than 65,000 out-of-school children have been returned to classrooms across the state through targeted education interventions. The governor made the disclosure on Wednesday while receiving a delegation from the World Bank and the Universal Basic Education Commission (UBEC) on an implementation support mission for the Better Education Service Delivery for Additional Financing (BESDA-AF) programme. The meeting was held at […]

  The Federal High Court in Abuja on Thursday adjourned indefinitely the alleged terrorism-financing case against Bauchi State Commissioner for Finance, Yakubu Adamu. The trial judge, Mohammed Umar, ordered the adjournment after informing parties that the prosecution had written to the Chief Judge of the Federal High Court expressing reservations about the handling of the case and requesting that it be reassigned to another judge. According to the court, the […]

The House of Representatives on Wednesday summoned the Minister of Finance, Wale Edun, the Minister of Budget and Economic Planning, Atiku Bagudu, and the Chairman of the Nigerian Revenue Service (NRS), Zach Adedeji, over the non-implementation of the 2025 capital budget despite reported excess revenue. The session, chaired by Abubakar Bichi, Chairman of the House Committee on Appropriation, was convened to investigate why approved funds for capital projects had not […]