The Federal Government, De-Sadel Nigeria Ltd. and China Liancai Petroleum Investment Holdings Limited are set to commence construction of a 4000km high speed rail across six states of the federation. This was disclosed during the presentation of the $60 billion proof-of-funds to Secretary to the Government of the Federation (SGF), …

Security operatives have arrested the Village Head of Sukutum, in Kankiya Local Government Area of Katsina State for alleged links with bandits. The traditional ruler, whose identity has not been disclosed, was picked up after intelligence reports allegedly connected him to criminal gangs terrorising the region. Sources within the security …

President Tinubu has appointed Idris Olorunnimbe as the Chairman of the Nigerian Communications Commission (NCC), while Dr Aminu Maida will continue as the Executive Vice Chairman and Chief Executive Officer. The appointments were contained in a statement issued on Tuesday by Bayo Onanuga, Special Adviser, to the President on Information …

The Central Bank of Nigeria (CBN) is taking fresh steps to revitalise its digital currency, the eNaira, as part of wider efforts to build public trust and broaden access to digital financial services. Introduced in October 2021 to drive financial inclusion, the eNaira has seen low adoption — a situation …

The Federal Government of Nigeria has withdrawn criminal complaints against Ms. Comfort Emmanson, the Ibom Air passenger accused of unruly behaviour, and Fuji musician Wasiu Ayinde, popularly known as KWAM 1, over recent incidents at Nigerian airports. Minister of Aviation and Aerospace Development, Festus Keyamo, announced the decision in a …

Operatives of the Economic and Financial Crimes Commission (EFCC) have commenced investigation of one Duru Ikechukwu Damian arrested by the Nigeria Customs Service (NCS) for allegedly failing to declare the sum of $59,000. EFCC spokesperson Dele Oyewale, in a statement on Tuesday, disclosed that Damian was intercepted by Customs operatives …

Justice Rahman Oshodi of the Lagos State Special Offences and Domestic Violence Court, Ikeja, has struck out a N60bn fraud case against former Managing Director of the Asset Management Corporation of Nigeria, Ahmed Kuru, following the Federal Government’s decision to withdraw the charges. The withdrawal was effected through the Director …

…Spaniard sinks Medjedovic, will face Nardi for quarter-final spot Carlos Alcaraz wasted little time racking up his 50th win for the season on Tuesday at the Cincinnati Open. The No. 2 in the PIF ATP Rankings eased past Hamad Medjedovic 6-4, 6-4 in testing conditions at the ATP Masters 1000 …

The National Agency for Food and Drug Administration and Control (NAFDAC) has confiscated over 10,000 cartons of unregistered tomato paste and cosmetic products during a raid at the Lagos Trade Fair Market. The five-day operation, carried out by NAFDAC’s Investigation and Enforcement Directorate in the cosmetics section of the market, …

…How politician declared N3bn non-existent property in CCB Form Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, has disclosed that many Nigerian politicians are now perfecting the antics of anticipatory declaration of assets to justify their intended stealing of public funds and other acts of corruption. The …