Author: Naija Daily News

A powerful and historic winter storm sweeping across much of the United States has claimed at least 10 lives, knocked out power to over a million homes and businesses, forced massive flight cancellations and left officials urging residents to stay off the roads as dangerously cold conditions persist into the week. The Winter Storm Fern has dumped snow, sleet and freezing rain from the southern Plains to the Northeast, creating hazardous travel conditions and widespread disruption. The US National Weather Service warned that an Arctic air mass trailing the system will drive temperatures to perilously low levels for days, prolonging…

Operatives of the Delta State Police Command have arrested 12 suspects and recovered a cache of dangerous weapons and illicit drugs in two separate intelligence-led operations carried out within the state. The first arrest was made on January 22, 2026, at about 4:10 p.m., when operatives of the command’s Buffalo Patrol Team, during a routine stop-and-search at the Head Bridge boundary between Anambra and Delta states, intercepted a green Toyota Sienna travelling from Anambra into Delta State. The occupants of the vehicle, all dressed in mufti, claimed they were on their way to Delta State to welcome a visiting religious…

A successful appraisal and exploration campaign by the Nigerian National Petroleum Company Limited (NNPC Ltd) and Chevron Nigeria Limited has confirmed the presence of hydrocarbons in the shallow offshore western Niger Delta, boosting confidence in the asset and the wider prospectivity of the area. The result follows the completion of the Awodi-07 well, drilled by Chevron Nigeria Limited as operator of the NNPC Ltd/Chevron Joint Venture. The well forms part of the JV’s broader strategy to further define and unlock hydrocarbon resources within its portfolio. Drilling activities began in late November 2025 and were concluded by mid-December 2025. According to…

The long-running corruption case involving Nigeria’s former Minister of Petroleum Resources, Diezani Alison-Madueke, is set to enter full trial in London on Monday, bringing to a head years of international investigations into alleged corruption in Nigeria’s oil sector. Alison-Madueke, 65, is facing six criminal charges — five counts of accepting bribes and one count of conspiracy to commit bribery — over allegations linked to her time in office between 2010 and 2015. According to prosecutors, the former minister allegedly received “financial or other advantages” from individuals connected to two international energy companies between 2011 and 2015, in exchange for improperly…

By Douglas Maha, with agency reports Global oil prices remained largely stable on Monday, staying above Nigeria’s 2026 budget benchmark of $64.85 per barrel, as supply disruptions and rising geopolitical tensions in the Middle East continued to support the market. Market data tracked by Reuters showed that Brent crude futures dipped slightly by 7 cents, or 0.1 per cent, to $65.81 per barrel as of early Monday trading. U.S. West Texas Intermediate (WTI) crude also eased marginally by 6 cents, or 0.1 per cent, to $61.01 per barrel. The mild pullback followed a strong rally in the previous session, when…

Photo: Olayemi Cardoso, CBN Governor Nigeria’s local currency may be trading significantly below its true worth, according to renowned economist Bismarck Rewane, who estimates the naira’s fair value at about N1,257 to the dollar. Rewane, the Managing Director of Financial Derivatives Company (FDC), said an analysis based on the purchasing power parity (PPP) framework suggests that the naira is undervalued by approximately 11 per cent, a situation he noted is not unusual for emerging-market currencies. He made the remarks while speaking at the 2026 Economic Outlook forum organised by the Association of Corporate Treasurers of Nigeria (ACTN), where discussions centred…

The United States has stepped up military assistance and intelligence cooperation with Nigeria as part of renewed efforts to counter Islamic State–linked militants operating in the country. United States Army Lieutenant General John Brennan, Deputy Commander of the United States Africa Command (AFRICOM), disclosed that Washington is increasing the supply of military equipment and intelligence sharing with Nigerian forces amid rising jihadist violence. Brennan made the disclosure in an interview with AFP on the sidelines of a US–Nigeria security meeting held in Abuja last week. According to him, the Pentagon has also maintained communication channels with military authorities in the…

By Deborah Nnamdi Troops of Operation Hadin Kai have arrested a 65-year-old woman, Hauwa Abulazeez, for allegedly supplying drugs to Boko Haram fighters operating in Nigeria’s North-East. The arrest was confirmed in a statement issued on Sunday by the Media Information Officer of the Joint Task Force, Operation Hadin Kai, Lt-Col Sanni Uba. He said the suspect was apprehended on January 23, 2026, in Askira Uba Local Government Area of Borno State, following credible intelligence. According to the statement, Abulazeez is suspected to be a key supplier and distributor of cannabis sativa to Boko Haram elements operating in Askira Uba,…

Photo: Kano State Governor, Abba Yusuf Kano State Governor, Abba Yusuf, is set to rejoin the All Progressives Congress (APC) on Monday, January 26, 2026, following his resignation from the New Nigeria Peoples Party (NNPP). The development was confirmed in a statement issued on Sunday by the governor’s spokesperson, Bature Tofa, who said Yusuf’s decision marks a return to the APC, a party he first joined in 2014. Yusuf had won the APC primary for the Kano Central Senatorial seat that year but later stepped down for Senator Rabiu Musa Kwankwaso. According to the statement, the governor’s move was informed…

The All Progressives Congress (APC) has conducted ward congresses in Ahoada East and Khana Local Government Areas of Rivers State to elect delegates ahead of the February 21 House of Assembly bye-elections. The congresses were organised to select delegates who will vote in the party’s primaries for the Ahoada East State Constituency II and Khana State Constituency II bye-elections. In Ahoada East State Constituency II, the exercise was monitored by the party’s congress and primary committee, chaired by Shehu Dange, with Smart Iheanazor serving as secretary, alongside members of the party’s appeal committee. The committee toured the six wards in…