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25Jun By Gami TadanyigbeNo Comments

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CBN Reports N17.4tn Surge In FG Borrowing

The Central Bank of Nigeria has revealed that credit to the Federal Government rose sharply over the 12 months ending in May 2026.According to the CBN’s latest monetary and credit statistics on Wednesday, total credit to the government climbed to N40.38tn in May 2026, up from N22.99tn recorded in the corresponding period of 2025. This marks a year-on-year increase of N17.39tn (approximately N17.4tn), representing a massive 75.6 per cent rise in lending exposure to the public sector. On a month-on-month basis, the government’s borrowing momentum showed no signs of slowing down, expanding by N779.70bn in just 30 days from the N39.60tn reported in April 2026. Banking sector data indicate that commercial and merchant lenders are continuing to allocate significant liquidity towards g...

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25Jun By Gami TadanyigbeNo Comments

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FG Tightens Noose on Alleged ISIS Financiers as U.S., Nigeria Coordinate Sanctions

The Federal Government has intensified efforts to disrupt terrorism financing networks, moving to prosecute a Lagos-based Bureau De Change operator and several companies accused of facilitating financial transactions linked to the Islamic State West Africa Province (ISWAP). The move follows the designation of Mukhtar Adamu Muhammad and three Bureau De Change firms by the United States government for their alleged roles in financing activities connected to the Islamic State of Iraq and Syria (ISIS). Sources within the Economic and Financial Crimes Commission (EFCC) disclosed that investigations into Muhammad and the affected firms had reached an advanced stage before the United States announced sanctions against them. According to officials familiar with the probe, the anti-gr...

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25Jun By Gami TadanyigbeNo Comments

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GOV FUBARA SEALS OFF COLLAPSED BUILDING SITE, ORDERS INVESTIGATION

Governor of Rivers State, His Excellency, Sir Siminalayi Fubara has ordered a complete seal off of the site of a five- storey building which collapsed on Wednesday, killing one person and injuring several others in Port Harcourt. Governor Fubara who visited the site of the disaster on Thursday to assess the situation, said the site will remain "completely sealed off" until the government gets to the "root cause" of the incident. He described the incident as unfortunate but observed that preliminary investigation had shown that the developer had earlier refused to subject his site to inspection by the state authorities and comply with the necessary building regulations. The Governor, who inspected the site alongside the Commissioner for Physical Planning and Urban Development,...

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25Jun By Gami TadanyigbeNo Comments

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FG unveils poverty intelligence lab to strengthen interventions 

By Collins Yakubu-Hammer The Minister of Humanitarian Affairs and Poverty Reduction, Dr Bernard Doro, says the newly unveiled National Poverty Intelligence Lab (NPIL) will strengthen effective response to ultimately reduce poverty in the country. Doro stated this on Wednesday in Abuja at the NPIL Project Kick-off and Monitoring, Evaluation and Learning (MEL) and Data Systems Diagnostic Workshop. The workshop, organised by the ministry in collaboration with Innovations for Poverty Action (IPA), focused on the use of data and intelligence systems to address poverty challenges more effectively. According to the minister, the NPIL will accelerate ongoing reforms that will transform how Nigeria understands, responds to, and ultimately reduces poverty. “I am super excite...

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25Jun By Gami TadanyigbeNo Comments

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2027: Be Prepared to struggle for power, Wike tells PDP candidates

Minister of the Federal Capital Territory (FCT), Nyesom Wike, has challenged candidates contesting in the 2027 general elections on the platform of the Peoples Democratic Party (PDP) to be prepared to struggle for power. Wike, a national leader of the PDP, stated this during the party’s 109th National Executive Committee (NEC) meeting on Wednesday in Abuja. “Nobody gives power. Nobody has done it. Power is taken; if you did not do so, it’s your business. “You must fight for it to take it. Nobody gives power, and nobody is ready to dash you power. You have to struggle for it. You have to fight for it. You don’t have to be afraid. “Every time you complain, oh, the governor is this, what do you want him to do? To allow you to come and take power like that? “If you’re not s...

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24Jun By Gami TadanyigbeNo Comments

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Senate passes State Police Bill

The Senate on Wednesday passed the bill seeking to establish state police across Nigeria.The upper legislative chamber approved the proposal after adopting a manual voting process following a technical malfunction of its electronic voting system.To ensure transparency and inclusiveness, the chamber resolved to conduct the vote manually. Under the adopted procedure, senators were required to stand individually, announce their names and publicly state their positions on the proposed state police framework. The motion for the adoption of manual voting was moved by the Senate Leader, Opeyemi Bamidele, and received the support of the lawmakers. The passage of the bill represents a major milestone in the push for decentralised policing, a proposal that has generated widespread deba...

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24Jun By Gami TadanyigbeNo Comments

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BUSINESSDAY HONOURS GOVERNOR ALIA WITH NATIONAL INFRASTRUCTURE AWARD

By Gami Tadanyigbe The Benue State Government is pleased to announce that His Excellency, Rev. Fr. Dr. Hyacinth Alia, has been honoured with the prestigious Infrastructure Award at the maiden edition of the BusinessDay States Competitiveness and Investment Readiness Awards, held yesterday, June 18, 2026, at the NAF Conference Centre, Abuja. The award, presented by BusinessDay Media Limited, one of Nigeria's foremost business and economic publications, is a significant national recognition of the remarkable infrastructure transformation taking place across Benue State under Governor Alia's administration. More than a ceremonial recognition, the award reflects an independent and data-driven assessment of developmental progress across the country. According to BusinessDay, the s...

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24Jun By Gami TadanyigbeNo Comments

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Senate Admits Governors, Others, into Chamber for State Police Debate

The Senate on Wednesday allowed Governors and other senior government officials into the chamber during consideration of the state police bill. The motion was first put to a voice vote but was rejected by the majority of lawmakers. Under parliamentary practice, only senators are ordinarily allowed on the floor of the chamber, while visitors and non-members observe proceedings from the gallery. The development briefly delayed proceedings, as the invited governors and other senior officials were already waiting at the entrance to the chamber. In a bid to resolve the situation, President of the Senate Godswill Akpabio appealed to his colleagues to revisit the matter, stressing the importance of allowing key stakeholders to witness deliberations on the proposed state police fr...

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24Jun By Gami TadanyigbeNo Comments

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FCTA rallies stakeholders for 2026 schistosomiasis campaign

By Victor Okoye The Federal Capital Territory Administration (FCTA) has called for stronger collaboration among stakeholders to ensure the successful implementation of the 2026 Schistosomiasis Mass Administration of Medicines (MAM) campaign across the territory. The Director of Public Health, Health Services and Environment Secretariat, Dr Teresa Nwachukwu, made the call at a stakeholders’ engagement meeting in Abuja on Wednesday. Represented by the Head of the Disease Control Division, Dr Ngozi Ebisike, Nwachukwu said schistosomiasis remained a major public health challenge, especially among school-aged children and other vulnerable groups. She said the disease continued to affect the health, education and productivity of affected communities, making sustained interventio...

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24Jun By Gami TadanyigbeNo Comments

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FCT FA chairman hails ₦1bn NPFL prize, urges reforms

By Victor Okoye The Chairman of the Federal Capital Territory Football Association (FCT FA), Adam Mouktar Mohammed, has commended the introduction of a ₦1 billion prize for winners of the Nigeria Premier Football League (NPFL). The News Agency of Nigeria (NAN) reports that the Chairman of the National Sports Commission (NSC), Shehu Dikko, on Tuesday announced a minimum ₦1 billion prize for the champions of the 2026/2027 NPFL season. Dikko said the runners-up would receive ₦500 million, while the third-placed team would earn ₦300 million, subject to official confirmation by league authorities. He explained that the new prize structure forms part of broader reforms aimed at improving professionalism, commercial value, player welfare, and competitiveness in Nigerian football....

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24Jun By Gami TadanyigbeNo Comments

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Mexican Meth Expert Arrested as NDLEA Busts Oyo Drug Cartel

By Mercy Peter A Mexican national allegedly recruited to oversee large scale methamphetamine production has been arrested in Nigeria after operatives of the National Drug Law Enforcement Agency (NDLEA) uncovered a sophisticated clandestine drug laboratory hidden in a forest in Oyo State. The arrest, alongside four Nigerian accomplices, has heightened concerns over the growing involvement of international drug cartels in Nigeria’s illicit drug trade and what authorities describe as an emerging attempt to establish the Southwest as a hub for synthetic drug manufacturing. Speaking at a briefing in Abuja on Wednesday, NDLEA Chairman and Chief Executive Officer, Brig. Gen. Mohamed Buba Marwa (Rtd), said the discovery of the industrial-scale methamphetamine facility in Tapa Village...

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24Jun By Gami TadanyigbeNo Comments

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Nigerian Youths Are Tech-savvy- Tinubu Tells Mastercard Chief Executive

President Bola Ahmed Tinubu, on Tuesday said Nigeria’s teeming youth population are ready-to-learn and tech-savvy workforce can easily integrate into the global market.President Tinubu, who received a delegation from Mastercard led by the Global Chief Executive Officer, Michael Miebach, at the State House, welcomed the company’s proposal to train five million businesses and equip them with digital skills. The President said the Nigerian economy had been repositioned and stabilised to fully participate in the global economy, with a focus on empowering youths and small businesses with digital skills and tools. The President noted that the ongoing formalisation of Nigeria’s largely informal small-business sector will create more opportunities for digital transitions, investments, e...

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24Jun By Gami TadanyigbeNo Comments

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Police, ARD synergize on healthcare security

By Onwa Ekor In a bid to strengthen collaboration between the Nigeria Police Force and the healthcare sector, the Cross River Police Command recently received members of the Association of Resident Doctors (ARD), University of Calabar Teaching Hospital (UCTH), on a courtesy visit. Commissioner of Police, Cross River Command, CP Rashid Afegbua, represented by the Deputy Commissioner of Police, Department of Operations, DCP Godwin Etim, welcomed the delegation on behalf of the Command. Discussions centered on enhancing communication, improving emergency response coordination and promoting the safety and security of healthcare personnel, facilities, and patients. DCP Etim reaffirmed the Command's commitment to partnering with critical stakeholders and assured the Association ...

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24Jun By Gami TadanyigbeNo Comments

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FG Issues Fresh Petrol Import Permits

The Nigerian Midstream and Downstream Petroleum Regulatory Authority, has approved fresh imports of petrol and diesel for the third quarter of 2026 (July – September) as authorities move to prevent potential supply shortages in the domestic market, according to a report by global energy intelligence firm Argus Media. The report published on Tuesday, which cited regulatory and industry sources, said the latest approvals were issued to major downstream operators amid declining fuel stock levels and concerns over reduced gasoline production at the Dangote Petroleum Refinery. The move comes as Nigeria continues to balance increasing local refining capacity with the need to guarantee adequate supplies of petroleum products across the country. According to the Argus report, domesti...

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24Jun By Gami TadanyigbeNo Comments

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Avocats Sans Frontières France Secures N10m Damages for Nigerian Journalist at ECOWAS Court

The ECOWAS Community Court of Justice has awarded N10 million in general damages against the Federal Republic of Nigeria over the physical assault, unlawful arrest, and seizure of property belonging to Mr. Jide Oyekunle, a journalist with Independent Newspaper. The ruling in Suit No. ECW/CCJ/APP/29/25 was secured by Avocats Sans Frontières France (Lawyers Without Borders France) on June 22, 2026, under its eRIGHTS project, supported by the European Union, which focuses on defending human rights in the digital space. Oyekunle, a former Chairman of the Nigeria Union of Journalists (NUJ), FCT Correspondents’ Chapel, was physically assaulted and unlawfully detained.His camera was damaged, and his mobile phone was seized by armed police officers on the order of the former FCT Commiss...

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24Jun By Gami TadanyigbeNo Comments

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Lagos Deputy Governor, APC Chairman Ojelabi, Others Attend Baales Forum, Offer Prayers for President Tinubu, Hamzat

The Deputy Governor of Lagos State, Dr. Kadri Obafemi Hamzat, and the Chairman of the All Progressives Congress (APC) in Lagos State, Pastor Cornelius Ojelabi, alongside other prominent personalities on Tuesday, attended the Lagos Baales Forum. The event featured special prayers for President Bola Ahmed Tinubu and Dr. Hamzat, while discussions centred on strengthening collaboration between traditional institutions and the state government.Speaking at the gathering, Dr. Hamzat, who was represented by the immediate past Commissioner for Local Government and Chieftaincy Affairs, Hon. Bolaji Kayode Robert, commended the traditional rulers for serving as a vital link between the government and citizens at the grassroots level. He reaffirmed the commitment of the Lagos State Governmen...

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24Jun By Gami TadanyigbeNo Comments

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ABA Not Created for Basketball Politics, Says Aliyu

By Victor Okoye The President of Amateur Basketball Academies (ABA), Deputy Comptroller Lucky Aliyu Abubakar, says the association was established to develop grassroots basketball, not politics. Aliyu stated this during the NTA Sports24 programme, “Sport World”, while outlining the vision of the newly established association. He said ABA was created to promote and protect the interests of thousands of basketball academies across the country. According to him, the association seeks to unlock the enormous potential within basketball academies through structure, exposure, and opportunities. Aliyu said ABA was committed to building a clear pathway from raw talent to excellence in basketball development. He identified talent discovery, nurturing, growth, and development a...

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24Jun By Sharpedge NewsNo Comments

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New Olugbesan Family Head, Mogaji Jubril Olugbesan, Promises Transparent Asset Management

Alhaji Jubril Olumide Labisi Olugbesan, the newly appointed Mogaji of the Olugbesan family of Oke-Agbeni in the Ibadan South-West Local Government Area, has visited the family compound and pledged to run an inclusive administration that will restore the family’s pride among other households in Ibadan. The visit followed a family resolution dated May 13, 2026, addressed to the Olubadan of Ibadanland, His Imperial Majesty Oba Rashidi Adewolu Ladoja (Arusa I), which removed Hazeem Gbolarunmi from the position of Mogaji. The family stated that Gbolarunmi “is not a legitimate member of the Olugbesan family” and alleged he was imposed on them in 2008 by the late political figure Alhaji Lamidi Adedibu. In the resolution, the family accused Gbolarunmi of misconduct, including converting ...

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23Jun By Gami TadanyigbeNo Comments

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ITUC-Africa urges boost in public service funding to fight poverty

By Joan Nwagwu The International Trade Union Confederation (ITUC)-Africa has called on African governments to increase investment in public services to tackle poverty, inequality and social exclusion. The appeal was made by ITUC-Africa General Secretary, Joel Odigie, in a statement marking the 2026 United Nations Public Service Day. Odigie said the organisation joined workers, trade unions and civil society groups worldwide in celebrating public service workers. He described public workers as critical contributors to development, economic growth and the wellbeing of communities across Africa. According to him, nurses, teachers, sanitation workers, social workers, extension officers and civil servants provide essential services that sustain societies. He commended the...

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23Jun By Gami TadanyigbeNo Comments

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NSITF partners South Africa’s RMA to deepen social protection systems

By Joan Nwagwu The Nigeria Social Insurance Trust Fund (NSITF) and South Africa’s Rand Mutual Assurance (RMA) have commenced a strategic partnership aimed at strengthening social protection systems across Africa. Managing Director and Chief Executive Officer of NSITF, Mr Oluwaseun Faleye, disclosed this on Tuesday while hosting a high-level delegation from RMA at the Fund’s headquarters in Abuja. The delegation was led by RMA Group Chief Executive Officer, Mr Bilal Adam. Faleye said the engagement underscored the commitment of both institutions to advancing workers’ compensation, occupational safety and health, and social security administration across the continent. According to him, the visit marks the beginning of a mutually beneficial and enduring relationship betwe...

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