25 States Challenge Trump’s New Tariffs in Court  

US President Donald Trump speaks as Washington prepares tougher financial sanctions targeting Iran and its trade partner

By Oluwakemi Kindness Twenty-five US states have sued President Donald Trump’s administration over a new wave of tariffs imposed on dozens of countries. The tariffs, which range from 10% to 12.5%, affect trading partners including the UK, China and the European Union. The Trump administration said the measures were introduced over concerns that some countries […]

Oil Prices Rise as Markets Gain on US-Iran Developments

By Mardiyyah Abubakar  Oil prices rose on Tuesday after a sharp decline, while most global stock markets recorded gains as investors monitored developments in US-Iran relations and renewed optimism on Wall Street. Crude prices briefly gained about one per cent after falling five per cent on Monday. Traders reacted to hopes that the United States […]

Dangote Signs $800m Deal to Expand Ogun Cement Plant

Dangote Petroleum Refinery complex amid clarification over claims of fuel exports to Lomé and re-importation into Nigeria.

By Mardiyyah Abubakar Dangote Industries Limited has signed an agreement worth more than $800 million to expand its cement plant in Itori, Ogun State. The expansion will increase the plant’s annual production capacity from six million to 12 million metric tonnes. Dangote Group President Aliko Dangote and Sinoma International Engineering Co. Ltd. Chairman Lin Zhong […]

Kano Assembly Approves Bill to Regulate Private School Fees

By Oluwakemi Kindness The Kano State House of Assembly has passed the Kano State Private and Voluntary Institutions Board (Amendment) Bill, 2026. The legislation is aimed at strengthening the regulation and management of private and voluntary educational institutions across the state. A key provision creates the office of an Executive Secretary to improve the administration […]

2026 CDS Abuja Barracks Youth Sports Championship Begins

Youth athletes compete in football, basketball and volleyball during the 2026 CDS Abuja Military Barracks Youth Sports Championship.

By Arinzechi Chukwunonso The 2026 CDS Abuja Military Barracks Youth Sports Championship burst into life on Monday with thrilling encounters in football, basketball and volleyball as military barracks across Abuja battled for early supremacy. The championship, organised by Defence Headquarters Nigeria, is holding at the Mogadishu Cantonment Sports Complex and the Aguiyi Ironsi Sports Complex, […]

Senate Threatens CBN, NDDC, NUPRC Over Hearing Absence

Senate Public Accounts Committee threatens sanctions against CBN, NDDC and NUPRC over their absence from a NEITI audit hearing.

By Anayo Akwitti The Senate Public Accounts Committee has threatened sanctions against the Central Bank of Nigeria (CBN), the Niger Delta Development Commission (NDDC) and the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) after the agencies failed to appear before its public hearing on the Nigeria Extractive Industries Transparency Initiative (NEITI) audit reports covering 2021 to […]

DataPro Boosts Risk Management Skills in Financial Sector

Officials discuss the role of independent credit ratings in strengthening Nigeria's microfinance banking sector

By Oluwakemi Kindness DataPro has moved to strengthen risk management capacity across Nigeria’s financial sector by equipping professionals with advanced skills in enterprise risk management, regulatory compliance and strategic decision-making. The training programme, which began in Lagos on Monday and runs from August 3 to 7, 2026, is designed to help financial institutions build stronger […]

KDI Calls for Official Gazette of Election Rules

By Julian Osamoto A Civil Society Organisation Kimpact Development Initiative (KDI), says officially gazetting the 2026 Regulations and Guidelines for the Conduct of Elections is critical to ensuring credible as well as transparent elections in 2027.   The CSO urged Independent National Electoral Commission (INEC) to immediately publish the regulations in the Federal Government Gazette, […]

NDLEA Arrests 64-Year-Old With Cannabis, Meth

NDLEA operatives arrest a 64-year-old man in Nasarawa State over the alleged possession of cannabis and methamphetamine.

By Oluwakemi Kindness A 64-year-old man, Joseph Nwaeke, has been arrested by operatives of the National Drug Law Enforcement Agency (NDLEA) in Nasarawa State with 68 kilograms of cannabis and 29 grams of methamphetamine. Nwaeke was arrested on Tuesday, July 28, at Asso Angwan Muazu in the Karu area of the state, accprding to a […]

43 Insurers Meet New Capital Requirement, 8 Under Review

NAICOM announces that 43 insurance and reinsurance companies have met new minimum capital requirements after a 12-month recapitalisation exercise.

By Oluwakemi Kindness Forty-three insurance and reinsurance companies have met the new minimum capital requirements set by the National Insurance Commission (NAICOM) following the completion of the sector’s 12-month recapitalisation exercise. The Commission disclosed this in a statement on Sunday, saying eight other insurance companies that submitted evidence of compliance shortly before the statutory deadline […]

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