The Federal Capital Territory High Court in Abuja has convicted and sentenced a former Managing Director of the Nigerian Export-Import Bank (NEXIM), Mr Roberts Orya, to 10 years’ imprisonment for fraud involving ₦2.4 billion. Justice F. E. Messiri delivered the judgment on Thursday, February 5, 2026, after finding Orya guiltyContinue Reading
President Bola Ahmed Tinubu on Thursday held an emergency security meeting with Kwara State Governor AbdulRahman AbdulRazaq following widespread national and international condemnation of the deadly attack in Kaiama Local Government Area of the state. The meeting came amid strong reactions from the United Nations, the Republic of Türkiye, federalContinue Reading
Nigeria and the World Bank have agreed to accelerate economic reforms, attract large-scale investment, and expand job opportunities to support the country’s rapidly growing population. The agreement followed high-level talks held this week in Abuja between the Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, andContinue Reading
Troops of the Nigerian Army have recorded significant operational successes across the South-East and South-South, dislodging suspected IPOB/Eastern Security Network (ESN) fighters from key enclaves and arresting suspected kidnappers during intelligence-driven operations. A senior military source disclosed that troops of Operation UDO KA successfully flushed suspected IPOB/ESN elements from theirContinue Reading
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says Nigeria has saved more than ₦6 trillion in fuel import losses following the full deregulation of the downstream sector and key foreign exchange reforms. The Chief Executive of NMDPRA, Mr Saidu Mohammed, disclosed this at the ongoing Nigeria International EnergyContinue Reading