Breaking: Fubara presents N1.85trn 2026 budget
NNPC remits N19.5tn to Federation Account in 14 months
Customs surpasses 2025 revenue target by 10.24%
Dollar to Naira exchange rate today, July 8, 2026

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Tinubu orders ICPC to investigate PFIPC
By Johnbosco Agbakwuru ABUJA— PRESIDENT Bola Tinubu has directed the Independent Corrupt Practices and Other Related Offences Commission, ICPC, to conduct a thorough investigation into the activities of a “Presidential Foreign Intervention Promotion Council” (PFIPC) and all related matters. The President directed that the investigation be concluded and a comprehensive report submitted to him within […]
Insecurity: Halt rehabilitations, try B-Haram members, Senate tells FG
The Senate has urged the Federal Government to halt the policy of rehabilitating and reintegrating former Boko Haram members into society, and ensure that perpetrators of terrorism and banditry are, instead, arrested and made to face the full wrath of the law.
Over 18m Nigerians exposed to flooding, NiHSA warns
As floods ravage parts of the country, the Nigeria Hydrological Services Agency, NiHSA, has predicted that over 18 million Nigerians are exposed to heavy flooding in the 2026 flood forecast.
Protesters urge Senate to delay ambassadorial nominee’s confirmation
By Gift ChapiOdekina, Abuja ABUJA — A coalition of concerned Nigerians and civil society organisations on Tuesday staged a protest at the National Assembly, calling on the Senate to suspend the confirmation of Professor Fashino Abayomi’s ambassadorial nomination. The protesters urged the upper chamber to delay consideration of the nomination, arguing that it should await […]
2027: Obi can’t face me, let alone Tinubu — Umahi
“Even I cannot be scared of Peter Obi, not to talk about President Bola Ahmed Tinubu or our party, the APC. What displays around Peter Obi is AI politics. It is putting something on nothing. Nobody is scared of Peter Obi. Peter Obi is not a threat to our president because Peter Obi himself knows very well that he cannot even face me, let alone face the president,” the minister said.
Gbajabiamila threatens N10bn defamation suit, gives Adeyemi 72 hours to retract allegations
The firm further stated that Gbajabiamila had never met, communicated with, or had any personal or official relationship whatsoever with Prince Matthew, arguing that the absence of any prior interaction demonstrated the reckless and malicious nature of the publication.
2027: Activists seeking political offices can’t make any difference — Segalink
The reform advocate maintained that activists often lose the moral authority that initially made them agents of change when they get into politics.
Dollar to Naira exchange rate today, July 7, 2026
The Nigerian naira traded with mixed performance against the United States dollar on Tuesday, July 7, 2026, as the official Nigerian Foreign Exchange Market (NFEM) remained relatively stable while the parallel market recorded a slight weakening.
Recapitalisation: Companies with outstanding claims will not be relicensed — NAICOM
By Rosemary Iwunze As the insurance recapitalisation deadline of July 31st 2026 draws near, the National Insurance Commission, NAICOM, has stated that it will not re-license any company with outstanding claims. In a letter to all Managing Director/CEOs of insurance companies, issued yesterday, titled: “Regulatory Directive – Settlement of Discharged Claims as A Precondition for Re-Licensing […]
FG incurs N358.3bn electricity subsidy in Q1 — NERC
By Obas Esiedesa, Abuja The Federal Government (FG) incurred an electricity tariff subsidy obligation of N358.32 billion in the first quarter of 2026 as it continued to bridge the gap between cost-reflective electricity tariffs and the rates paid by consumers, according to the latest report by the Nigerian Electricity Regulatory Commission (NERC). The Commission, in its […]
Beta Glass injects N1tr into economy in 10yrs, unveils new board
By Jimoh Babatunde Beta Glass Plc says it has contributed over N1 trillion to Nigeria’s economy in the last 10 years, reaffirming its commitment to expanding investments, sustainable manufacturing and shareholder value. At its 52nd Annual General Meeting in Lagos, shareholders approved key resolutions, including the reconstitution of the Board of Directors. According to an independent […]
Dangote, major marketers cut petrol depot prices as FG mounts pressure
•IPMAN targets sub-N800/litre By Udeme Akpan & Obas Esiedesa Nigeria’s downstream petroleum market witnessed another round of price reductions on Monday, with the Dangote Petroleum Refinery and several major fuel marketers lowering depot prices for Premium Motor Spirit (PMS), popularly known as petrol, and diesel. This development comes at the backdrop of pressures from the Federal […]
Alleged anti-media practices: FG orders FCCPC to probe X, Meta, AI companies
According to a statement issued by the FCCPC on Monday, the directive was conveyed in a letter signed by the Minister of Information and National Orientation, Mohammed Idris, requesting the commission to investigate the allegations contained in the petition.
Elumelu retires as UBA Chairman, Nnorom named successor
By Babajide Komolafe United Bank for Africa, UBA Plc, has announced the retirement of its Group Chairman, Tony Elumelu and the appointment of Mr. Emmanuel Nnorom as his successor. In a statement announcing the board leadership change filed with the Nigerian Exchange, NGX, the bank stated: “Mr. Tony O. Elumelu, Group Chairman of UBA, will […]
NGE to host 4th Lateef Jakande Memorial Lecture July 23
The Nigerian Guild of Editors (NGE) has announced it will, on July 23, 2026, host the 4th Lateef Jakande Memorial Lecture in Lagos.

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