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FG cancels $717.7 Million World Bank Loan

The Federal Government has cancelled $717.7 million in undisbursed World Bank intervention financing meant to support the recovery of Nigeria’s troubled electricity sector. The cancellation followed a formal request by the Federal Government and a joint decision by both parties to discontinue financing under the Power Sector Recovery Performance-Based Operation. According to …

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Airtel, Glo Restore Airtime Lending Services

Telecommunications subscribers across Nigeria have regained access to emergency airtime lending services after Airtel and Glo restored the platforms. The development followed the suspension of the Federal Competition and Consumer Protection Commission’s (FCCPC) controversial Digital, Electronic, Online or Non-Traditional Consumer Lending Regulations 2025. The restoration also came amid legal pressure …

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2027: Olaniyi emerges SDP governorship candidate in Lagos

The Lagos State Chairman of the Social Democratic Party (SDP), Mr Femi Olaniyi, on Tuesday emerged the consensus governorship candidate of the party for the 2027 governorship election in the state. Olaniyi, a former Chairman of Inter- Party Advisory Council (IPAC), Lagos State, emerged during the party’s gubernatorial primary election …

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Court discharges taxi driver charged with causing hurt

A Life Camp Magistrates’ Court in Abuja on Tuesday discharged a taxi driver, Benjamin Emineke, charged with public disturbance and causing hurt. Chief Magistrats Musa Jobbo discharged Emineke following an application by the prosecuting counsel, Mrs Charity Nwachukwu, who prayed the court to strike out the case because the parties …

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Borno Shuts School After Abduction Of 42 Students

The Borno State Government has temporarily shut and relocated Government Day Secondary School, Mussa, in Askira/Uba Local Government Area, following the abduction of 42 students and pupils by suspected insurgents. Newsextra24 reports that the state Commissioner for Education, Science, Technology and Innovation, Lawan Wakilbe, announced the decision on Monday during a …

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Court Clears Jonathan To Contest 2027 Presidential Election

A Federal High Court sitting in Abuja has cleared former President Goodluck Jonathan to contest the 2027 presidential election. The court, in a ruling delivered on Tuesday, May 26, 2026, held that Jonathan remained eligible to participate in the election as a presidential contestant. The ruling followed a suit filed by one …

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​Seme Customs generates N9.79bn revenue in 3 months

The Seme Area Command of Nigeria Customs Service (NCS) says it generated N9.79 billion revenue between March and May. ​The Customs Area Controller, Comptroller Abdullahi Kaila, disclosed this during a press briefing on Monday at Seme. ​Kaila said the amount represented an increase of N7.6 billion compared to the N2.1 …

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UBA unveils innovation centre at UNILAG Campus

United Bank for Africa (UBA) Plc on Monday deepened industry-academia collaboration with the inauguration of a four-storey Innovation Hub and Business Office at the University of Lagos (UNILAG). Newsextra24 reports that the facility, located within the university campus, is aimed at promoting innovation, research and youth development. Speaking at the …

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Makinde appoints Olayemi as DG Liaison Office

Gov. Seyi Makinde of Oyo State has appointed a former House of Representatives member, Mr Busari Olayemi, as the Director-General (DG), Abuja/Lagos Liaison Office. This is contained in a statement issued in Ibadan on Monday by the Special Adviser to the Governor on Media, Dr Suleimon Olanrewaju. According to the …

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