News

Stock markets mostly declined on Thursday as the strong recovery from the beginning of the year lost momentum. Investors were cautious ahead of the release of key US labor market indicators. Market sentiment was also affected by geopolitical news, particularly uncertainty surrounding Venezuela and escalating tensions between China and Japan. A weak start on Wall Street, where the Dow Jones and S&P 500 fell from their record highs, led to […]

The Economic and Financial Crimes Commission (EFCC) has condemned coordinated smear campaigns allegedly planned by certain politically motivated individuals and interest groups, describing the actions as part of attempts to undermine its ongoing investigations into the matter. In a recent statement published in Abuja, the Commission's probation officer, Dele Oyewale, stated that certain individuals were authorized to recruit paid agents to organize sponsored media attacks aimed at discrediting the EFCC […]

A faction of the Peoples Democratic Party (PDP) has announced plans to hold high-level consultations with former Labour Party presidential candidate, Peter Obi, and ex-Vice President Atiku Abubakar as part of efforts to reposition the party ahead of the 2027 general elections. The South-South Chairman of the PDP, Emmanuel Ogidi, disclosed this on Wednesday during a television interview, describing the planned engagements as part of broader moves to rebuild the […]

The quarter-final line-up for the TotalEnergies CAF Africa Cup of Nations (AFCON) Morocco 2025 has been completed following Algeria’s dramatic Round of 16 victory over the Democratic Republic of Congo on Tuesday. Algeria sealed their place in the last eight with a hard-fought 1–0 extra-time win in Rabat, where substitute Anis Boulbina struck in the 119th minute to secure qualification. The victory sets up a highly anticipated quarter-final encounter against […]

Nollywood actress Regina Daniels has addressed recent controversies surrounding her personal life by undergoing a drug test, a decision she revealed in an emotional post shared on her Instagram page on Wednesday. The actress said the move followed months of intense emotional strain and public scrutiny, describing the period as a major turning point that nearly overwhelmed her. According to Daniels, the past months were marked by deep personal challenges […]

The United States has introduced a new visa policy that may require Nigerians applying for B1/B2 business and tourist visas to post a bond of up to $15,000. Details published by the U.S. Department of State indicate that the visa bond serves as a financial guarantee to ensure compliance with visa conditions, including departure from the United States before the authorised stay expires. The bond does not guarantee visa approval, […]

The Federal Government has released reports alleging that Nigerian scholarship recipients have been abandoned in the Kingdom of Morocco, describing the claims as false and misleading. The Minister of Education Dr. Maruf Tunji Alausa said no Nigerian student with a valid scholarship from the Federal Government was left without support. He made this known in a statement issued on Wednesday through the ministry's Director of Press and Public Affairs, Boriowo […]

The Federal High Court in Abuja on Wednesday granted 1.5 billion naira bail to the immediate past Attorney General of the Federation and Minister of Justice, Abubakar Malami (SAN) and his wife, Hajia Bashir Asabe. In a judgment delivered by the trial judge, Justice Emeka Nwite, the court admitted that Malami must pay bail of N1 billion naira while his wife was granted bail of N500 million. Each of the […]

The Federal High Court in Abuja has granted bail to the immediate past Attorney-General of the Federation and Minister of Justice, Abubakar Malami, SAN, and his wife, Hajia Bashir Asabe, in an ongoing money laundering trial. In a ruling delivered on Wednesday, trial judge Justice Emeka Nwite admitted Malami to bail in the sum of ₦1 billion, while his wife was granted bail in the sum of ₦500 million, bringing […]