News – Page 27 – Democracy Radio

Tinubu Unveils Nigeria–UAE CEPA at sustainability Summit

By Oluwakemi Kindness President Bola Tinubu has announced that Nigeria and the United Arab Emirates (UAE) have concluded negotiations on a Comprehensive Economic Partnership Agreement (CEPA). Speaking at 2026 Abu Dhabi Sustainability Week, the President described the agreement as a milestone that will usher in a new era of bilateral relations, particularly in renewable energy, sustainable infrastructure, climate-smart agriculture, digital trade, logistics, aviation, and green industrial development. “This historic and strategic milestone marks a new era in our bilateral relations,” […]

January 13, 2026

Economy

Customs Tightens Control on Courier Imports Under DDP

By Oluwakemi Kindness The Nigeria Customs Service (NCS) has commenced the implementation of a new Standard Operating Procedure (SOP) for courier companies operating under the Delivered Duty Paid (DDP) regime. The new Standard Operating Procedure (SOP) aims at tightening controls on courier imports and preventing revenue leakages. Announcing the development on Monday in a statement, the NCS said the SOP establishes a unified framework for the registration, declaration, clearance, delivery and compliance monitoring of courier shipments, in line with international […]

January 12, 2026

Economy

NAICOM: NIRA 2025 Establishes Policyholders’ Protection Fund to Safeguard Consumers

By Oluwakemi Kindness The National Insurance Commission (NAICOM) says the Nigerian Insurance Industry Reform Act (NIRA) 2025 provides for the establishment of an Insurance Policyholders’ Protection Fund to protect policyholders when insurance companies are unable to meet their liabilities. The Head of Market Conduct and Complaints Bureau at NAICOM, Olugbenga Jayesimi, disclosed this while speaking on the consumer protection mechanisms introduced under the new insurance law. According to Jayesimi, the Protection Fund is designed to safeguard consumers in situations where […]

January 12, 2026

Business

Housing Ministry to Hold Stakeholders’ Meeting in Ilorin

By Sulyman Gobir The National Council on Lands, Housing and Urban Development has been described as a critical platform for aligning federal and state policies and advancing reforms in the housing and urban development sector. This is according to the Permanent Secretary of the Federal Ministry of Housing and Urban Development, Dr. Shuaib Belgore, ahead of the councils forum in Kwara state. Belgore said the Council meeting provides an opportunity to strengthen intergovernmental collaboration, review sectoral policies, and develop practical […]

January 12, 2026

NDIC announces liquidation of Aso Savings and Loans Plc and Union Homes Savings and Loans Plc after CBN revokes their operating licences

Economy

NDIC Declares ₦24.3bn Second Liquidation Dividend for Depositors

By Oluwakemi Kindness The Nigeria Deposit Insurance Corporation (NDIC) has declared a ₦24.3 billion second liquidation dividend for depositors of Heritage Bank Limited (in liquidation) whose account balances exceeded the statutory insured limit of ₦5 million at the time the bank was closed. In a statement issued on Sunday, the Corporation said the second tranche was made possible through sustained recovery of debts, the sale of physical assets, and the realisation of investments belonging to the defunct bank. According to […]

January 11, 2026

Security

FCT Police Arrest Three Over Murder of Abuja Lawyer

By Oluwakemi Kindness The Federal Capital Territory (FCT) Police Command has arrested three suspected members of a notorious “one-chance” armed robbery syndicate in connection with the killing of a legal practitioner, Barrister Chigbo Mediatrix, in Abuja. The arrests mark a significant breakthrough in the Command’s fight against violent crime and followed a directive by the Commissioner of Police, FCT Command, CP Miller Dantawaye, PSC, to ensure all those linked to the crime are brought to justice. Operatives of the […]

January 11, 2026

Sport

AFCON 2025: Speaker Abbas Charges Super Eagles to Win Trophy

By Oluwakemi Kindness The Speaker of the House of Representatives, Abbas Tajudeen, has congratulated the Super Eagles of Nigeria for securing a place in the semi-finals of the 2025 CAF Africa Cup of Nations (AFCON) following their 2–0 victory over Algeria on Saturday. Commending the national team for their impressive and consistent performances since the start of the tournament, Speaker Abbas urged the Super Eagles to sustain the momentum and go on to win the AFCON title, bringing the coveted […]

January 11, 2026

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Politics

Obasanjo, Atiku, Jonathan, Others Call for Credible Leadership at Tambuwal’s 60th Birthday

By Anayo Akwitti Prominent Nigerian leaders across party lines on have called for credible, inclusive and accountable leadership as a foundation for strengthening Nigeria’s democracy at the 60th birthday lecture of former Sokoto State Governor and serving Senator, Aminu Waziri Tambuwal, held in Abuja. Former President Olusegun Obasanjo, who chaired the occasion on Saturday, led the tributes, praising Tambuwal’s humility and leadership qualities, while recalling the events that led to his emergence as Speaker of the House of Representatives in […]

January 11, 2026 1 10

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General

NMSC Mourns 32 Cuban Internationalists, Condemns US Deadly Attack on Venezuela

By Chinedu Echianu The Nigeria Movement of Solidarity With Cuba (NMSC) has expressed condolences to the Cuban government and people over the killing of 32 Cuban internationalists in Venezuela, which it attributed to the United States. In a press statement issued in Abuja on Saturday and signed by its representative Owei Lakemfa, the NMSC said the Cubans were killed on January 3 in Caracas while defending Venezuelan President Nicolás Maduro, his wife, Cilia Flores, and what it described […]

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