Author: Naija Daily News

The Federal Bureau of Investigation (FBI) has arrested 9 (nine) people in Nigeria as part of an international crackdown on cybercriminal networks accused of defrauding Americans through sophisticated online scams. The arrests were made under Operation Blackout, a coordinated enforcement effort targeting criminal networks operating scam centres across international borders. FBI Director Kash Patel disclosed the development in a post on X, saying the operation also led to the seizure of 53 electronic devices and the identification of approximately $11 million in funds considered potentially eligible for freezing across several countries. According to Patel, the operation was aimed at disrupting international cybercrime networks accused of carrying out…

The Central Bank of Nigeria, CBN, approves JPMorgan Merchant Bank licence request in-principle for the USA bank to establish a merchant bank in Nigeria, advancing its institution’s plans to expand its operations in Africa’s largest economy. The proposed lender, JPMorgan Merchant Bank Nigeria Limited, will be able to commence operations only after meeting the CBN’s regulatory requirements and securing a final banking licence. The approval was announced by Michael Akuka, director of the CBN’s Corporate Communications and Investor Relations Department, as Nigeria continues to implement reforms aimed at strengthening financial stability, improving investor confidence and deepening its capital markets. The…

Nigeria’s economic outlook ahead of the 2027 presidential election is marked by improving macroeconomic indicators and persistent household hardship. Economic reforms have helped strengthen public revenues and support growth, but high living costs, poverty and limited employment opportunities remain major concerns. The World Bank projects Nigeria’s economy will grow by an average of 4.4% annually between 2026 and 2028. Yet the central question is whether this growth will translate into higher real incomes, affordable food and better jobs before Nigerians head to the polls. With the election approaching, the government’s economic record—and the opposition’s alternatives—will face growing scrutiny from voters,…

There is something fundamentally wrong when a country can extract wealth from a community for decades and depend on that wealth to finance national development, yet struggle to provide the community with basic infrastructure. It becomes even more troubling when a major highway, presented as a pathway to economic transformation, raises fears that some of the very communities it was expected to serve may be left behind. That is the concern surrounding the Lagos-Calabar Coastal Highway, particularly the route through Ondo and Delta states. For the Itsekiri, Ilaje and Ikale, this is not simply a disagreement over where a road should pass.…

Emmanuel Uduaghan: The Doctor Who Became Governor and Shaped a Political Era in Delta From medicine to the centre of Delta State politics, Emmanuel Uduaghan rose from commissioner to Secretary to the State Government and eventually governor, leaving behind a record marked by infrastructure, healthcare and human-capital investments, but also controversies, unfinished projects and difficult financial questions. Dr Emmanuel Eweta Uduaghan died in the early hours of Monday, October 19, 2026, after a prolonged illness, just three days before his 72nd birthday. His death was announced by his family in a statement signed by his son, Toju Andre Uduaghan, who…

A serious aviation incident was recorded in Abuja on Thursday after a Triton Aviation aircraft CL600 made a Mayday distress call shortly after departing the Nnamdi Azikiwe International Airport (NAIA). The CL60 is a designation commonly used for aircraft in the Bombardier Challenger 600 series, a family of large-cabin business jets designed for executive and corporate travel. Depending on the variant, the aircraft can carry passengers over several thousand kilometres and is widely used for business and charter operations. The aircraft, which was travelling from Abuja to Lagos, reportedly lost a door while in flight, forcing the crew to turn back and make an emergency…

At least four people have been confirmed dead and dozens injured after a petrol tanker exploded at Oluku along the Benin-Lagos Expressway in Edo State on Thursday, with a separate gas pipeline explosion in Rivers State leaving about 20 people injured and more than 50 houses damaged or destroyed. The Oluku tanker explosion occurred in the Ovia North-East Local Government Area of Edo State after a petrol-laden tanker reportedly overturned and spilled fuel. Videos and other media seen by naijadaily.news revealed gory scenes of young men running from the scene of the explosion with their bodies on fire. Another video…

As the Nigeria 2027 presidential election approaches, the political actors must put the country’s unity, peace and democratic stability above personal ambition and partisan interests. There is nothing wrong with political ambition. Democracy depends on people being willing to compete for power and offer citizens different visions for the future. But ambition becomes dangerous when the desire to win an election becomes greater than the desire to preserve the country. That is the danger Nigeria must avoid as the 2027 presidential election draws closer. The contest for Aso Rock will inevitably be fierce. Political alliances will shift, new coalitions will emerge, old…

There is a peculiar wisdom in a discount. It offers relief without necessarily changing the conditions that made relief necessary in the first place, and that seems to be the same with Nigeria petrol discount. For Nigerians struggling with rising transport costs, food prices and the wider cost-of-living crisis, a temporary reduction in the price of petrol can provide welcome breathing space. But when a discount becomes the preferred response to a problem that requires deeper reform, an important question arises: is the government providing sensible temporary relief, or merely postponing a more difficult decision? The recent decision by the President…

Thousands of families have been displaced, multibillion naira investments ruined as severe flooding wreak havoc across Edo, Delta, Bayelsa, Rivers and other states in the southern parts of Nigeria. The flooding was triggered by several hours of severe rainfall across several cities and highways, including Agbarho, Effurun and Warri in Delta State, Port Harcourt, Rivers State, and the East-West Highway. From Port Harcourt to Warri, Agbarho, Effurun, Benin City and Asaba, the rains have disrupted normal life, leaving motorists struggling to navigate flooded roads and residents worried about rising water levels around their homes and businesses. Many residents of the…