2027 Election: Defence Minister, Musa Sounds Cyber War Alarm
From Victor Osula, Abuja The Minister of Defence, General Christopher Musa, retd., has raised the alarm over a dangerous trend …
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Zulum Pledges Stronger UMTH, Partners’ Collaboration to Transform Borno Healthcare
By Salihu Pirkusu, Maiduguri Borno State Governor, Professor Babagana Umara Zulum, has promised to deepen collaboration with the Federal Government …
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UNGA 81: Tinubu to Address World Leaders September 23
By Ayo Kehinde President Bola Tinubu will join representatives of all 193 UN member states including more than 150 heads …
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Northern Christian Association, Chair lauds Rev Omolehin for erecting tents for displaced Borno IDPs
By Salihu Pirkisu, Maiduguri The Northern Christian Association (NCA) Chairman, Reverend, Dr Joseph Hayab has commended the Founder of the …
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Tinubu Hails IBB on 88 Birthday
By Ayo Kehinde President Bola Tinubu has paid glowing tribute to former Head of State, General Ibrahim Babangida on his …
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Osun Drops EFCC Suit on Frozen Account
By Ayo Kehinde Re-elected Governor Ademola Adeleke of Osun state said he has directed the state’s Attorney-General and Commissioner for …
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Nigeria’s Tax Revenue Hits ₦27.1trn
By Ayo Kehinde Nigeria’s tax collections rose by 113 percent from ₦12.3 trillion in 2023 to ₦27.1 trillion as of July 2026, according to an internal report by the Nigeria Revenue Service. The revenue authority attributed the increase to the digitisation of the tax system, the enactment of four new tax reform laws, reforms within the agency and an executive order designed to close loopholes. The NRS said the development was part of broader reforms that had moved the economy from what it described as severe macroeconomic distress towards greater stability. It identified the major challenges inherited by the Bola Tinubu administration as an unsustainable fuel subsidy regime, an opaque foreign exchange system, weak oil-sector performance and a tax base …
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Dangote Refinery Cuts Petrol Price To ₦1,165, Diesel To ₦1,570
Following the fall in Brent Price from $100 per barrel to $79 pb in the wake a c lull in the Middle East war, Dangote Petroleum Refinery has announced a fresh reduction in the ex-depot prices of petrol and diesel, lowering the cost of Premium Motor Spirit (PMS) to ₦1,165 per litre and Automotive Gas Oil (diesel) to ₦1,570 per litre. The new pricing, announced on Wednesday, reduces the ex-depot price of petrol by ₦50 from ₦1,215 per litre, while diesel falls by ₦80 from ₦1,650 per litre. The refinery, however, said the adjustment forms part of its efforts to make refined petroleum products more affordable, improve access to fuel and support economic activity across the country. The Dangote Group …
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Brent Tumbles Below $80 as US-Iran Talks Raise Supply Hopes
Brent crude fell below $80 per barrel on Tuesday after renewed optimism over negotiations between the United States and Iran eased fears of prolonged disruptions to global oil supplies through the Strait of Hormuz. The international oil benchmark dropped by almost five per cent to around $79 per barrel, while US West Texas Intermediate (WTI) crude fell more than five per cent to about $76 per barrel, according to Oilprice.com. The decline marked the lowest level for both benchmarks since July 13. The sell-off followed comments by senior US officials suggesting that discussions aimed at restoring commercial shipping through the Strait of Hormuz were making progress, raising hopes that one of the world’s most important energy corridors could soon reopen …
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DMO’s August Savings Bond Offers Nearly 15 Percent Returns on N5,000 Investment
The Debt Management Office (DMO) has opened subscriptions for its August 2026 Federal Government Savings Bond, giving retail investors the opportunity to earn annual returns of nearly 15 percent with a minimum investment of N5,000. In a notice released on Monday, the DMO unveiled two fixed-income instruments under the monthly savings bond programme. The first is a two-year bond maturing on August 12, 2028, with an annual interest rate of 13.963 percent, while the second is a three-year bond maturing on August 12, 2029, offering 14.963 percent per annum. Subscriptions opened on August 3 and will close on August 7, while successful investors will receive allotments on August 12, the settlement date from which interest will begin to accrue. A …
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Nigeria Earned ₦24tn From Crude Exports in Six Months, says CBN Report
From Victor Osula, Abuja Nigeria’s crude oil exports generated an estimated ₦24.02 trillion in the first six months of 2026, reinforcing the country’s dependence on crude sales for foreign exchange even as domestic refiners continued to complain about inadequate feedstock. An analysis of production and export data compiled from the Central Bank of Nigeria (CBN) shows that the country exported about 182.2 million barrels of crude between January and June. Using the average monthly price of Bonny Light crude and an exchange rate of ₦1,365 to the dollar, those exports were worth approximately $17.6 billion, or ₦24.02 trillion. Over the same period, Nigeria produced an estimated 263.65 million barrels of crude with a gross market value of $25.41 billion, equivalent …
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Nigerian Style Of Football, By Uzor Maxim Uzoatu
We played the game. It entailed any number of men or women running about kicking any roundish object. We had …
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Edo Assembly to Probe Ex -Speaker Agbebaku’s Tenure
By Ayo Kehinde The Edo State House of Assembly has opened a fresh front against its former Speaker, Blessing Agbebaku, …
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Court Jails Two for Illegal Naira Trading in Lagos
Justice A. Aluko of the Federal High Court, Ikoyi, Lagos, on Tuesday, August 18, 2026, convicted and sentenced two …
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EFCC Recovers N4.4bn Worth of AGO in Lagos
The Lagos Zonal Directorate 1 of the Economic and Financial Crimes Commission, EFCC, on Monday, August 17, 2026 recovered 2.3 …
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WAEC Faces Revolt as Schools Reject 2026 WASSCE Results, Say Marking Rules Are Arbitrary
From Victor Osula, Abuja School administrators, education advocates and civil society groups are up in arms against the West African …
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Jonathan Demands New Rules for Off-Cycle Election
From Victor Osula, Abuja Former President Goodluck Jonathan has warned that the growing practice of serving governors and other powerful …
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Adeleke Denies Any Pre-election Deal with ADC
By Ayo Kehinde Osun State Governor, Ademola Adeleke, has denied claims by the African Democratic Congress (ADC) that Accord entered …
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Freedom Of Information Act and The Limits of Press Freedom (2) By Mack Ogbamosa
Continued from yesterday & concluded The Official Secrets Act,1962 The Official Secrets Act, (OSA), 1962,a colonial- era law currently codified …
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Freedom of Information Act and The Limits of Press Freedom,By Mack Ogbamosa (1)
Introduction A free, independent, and vibrant press is one of the strongest pillars of any democratic society. It is against …
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Police Arrest Suspect Over Attempted Culpable Homicide in Kogi
From Joseph Amedu, Lokoja The Kogi Police Command has arrested one Jacob Irewa in connection with an attempted culpable homicide …
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