United Capital Plc has recorded an 80 per cent growth in profit before tax (PBT) in the first half of the year to N24.78 billion as against N13.79 recorded same period of 2025. The Group Chief Finance Officer, Mr Shedrack Onakpoma, said this was driven by disciplined execution of the …
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Nigeria’s consumer credit drops 20% to N3.8tn
Nigeria’s consumer credit declined for the first time in six years, falling by 19.89 per cent to N3.78tn in 2025 from N4.72tn a year earlier, as elevated interest rates dampened household borrowing, according to the Central Bank of Nigeria. The decline, disclosed in the CBN’s 2025 Annual Report and Statement …
Read More »Police nab suspected armed robber in Lagos
The Lagos State Police Command has apprehended a 29-year-old suspected armed robber during a routine patrol in the Igando area of the state. The police also recovered a locally fabricated pistol and assorted charms from the suspect. The command’s spokesperson, SP Abimbola Adebisi, confirmed this in a statement on Wednesday …
Read More »Singer Victony releases teaser for “FYNE”
Ace Nigerian singer and rapper Anthony Victor, popularly known as Victony, has released a teaser for his forthcoming single, “FYNE’, featuring a sample from Orezi’s 2013 classic,”You Garrit”. Newsextra24 reports that the “Soweto” crooner shared a preview of the track in a post on his verified X handle on Wednesday. …
Read More »TikTok couple Peller, Jarvis formalise union with court wedding
Nigerian content creators and social media personalities, Hamzat Adelaja, popularly known as Peller, and Elizabeth Amadou, also known as Jarvis, have formalised their union with a court wedding ahead of their anticipated white wedding. The couple disclosed this in a joint Instagram post on Wednesday. “Congratulations to us. The first …
Read More »Abia govt fixes N200m for presidential campaign billboard permit
Abia State Government says every political party’s presidential candidate intending to campaign through billboards and posters will pay N200 million to obtain campaign advertising permit. The Abia State Structures for Signages and Advertising Agency (ABSSAA), disclosed this on Wednesday in Aba, during a “Stakeholders Forum on Political Campaign Advertising fees”. …
Read More »LAWMA seals non-compliant shops, plazas over waste violations
The Lagos Waste Management Authority (LAWMA) has commenced the sealing of non-compliant shops and plazas along the Tejuosho-Ojuelegba corridor for violating waste management regulations. The Managing Director of LAWMA, Mr Muyiwa Gbadegesin, said the enforcement followed the expiration of compliance notices earlier issued to the affected premises. Newsextra24 reports that …
Read More »Trump urges Burnham to tackle illegal migration
United States President Donald Trump has urged British Prime Minister Andy Burnham to tackle illegal migration, warning that the issue is “killing” the United Kingdom. Speaking to GB News on Wednesday, Trump said Burnham would eventually have to address immigration despite initially avoiding the subject after taking office. “He’s going …
Read More »Nigeria Customs announces implementation of fresh tariff amendments, fiscal measures
Nigeria Customs Service has announced the implementation of the 2026 Fiscal Policy Measures and Tariff Amendments approved by President Bola Ahmed Tinubu. The announcement was made in a statement issued on Wednesday by the Customs spokesperson, Abdullahi Maiwada. The approved Fiscal Policy Measures introduce comprehensive amendments to Nigeria’s Customs and Excise Tariff …
Read More »Russia jails journalist 12 years for alleged treason charge
Darya Shipavheva, a Russian journalist has been convicted of treason by a Moscow court and sentenced to 12 years in a penal colony on Wednesday, the Interfax news agency reported. The trial was held behind closed doors and no details of the case were officially released. Interfax citing other media, …
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