Author: Naija Daily News

The Corporate Affairs Commission (CAC) has warned that it will blacklist fintech companies aiding the operations of unregistered Point of Sale (PoS) agents across Nigeria. The Commission issued the warning in a statement on Saturday, nearly a year after initiating enforcement measures that included shutting down PoS businesses that failed to meet its September 5 registration deadline. According to the CAC, it has observed a surge in PoS operators allegedly running without proper registration, in violation of CAMA 2020 and Central Bank of Nigeria (CBN) agent banking regulations. It noted that the trend, reportedly enabled by some fintech firms, poses…

The Anambra State Police Command has arrested two suspected members of a notorious cult group in Enugwu Ukwu, Njikoka Local Government Area of the state. The suspects, identified as 21-year-old Oluebube Ifediorah and 25-year-old Offorbuike Emmanuel, were apprehended on Thursday by operatives of the Special Anti-Cult Squad following intelligence reports that a cult group was gathering in the community for a planned rival attack. Police spokesperson, SP Tochukwu Ikenga, said in a statement on Saturday that a locally-made double-barrel shotgun and two live cartridges were recovered from the suspects. The firearm was reportedly found inside a red bag carried by…

The Department of State Services (DSS) has arrested a medical doctor accused of transporting medical supplies from Sokoto State to armed kidnappers operating in parts of Kwara State. According to a statement issued by the Chief Press Secretary to the Governor, Rafiu Ajakaye, the suspect was intercepted in the Jebba area after intelligence reports linked him to criminal gangs receiving medical support from outside the state. Security officials said the bandits have become increasingly desperate for medical attention, especially for gunshot wounds sustained during clashes with security operatives. “So, we are advising improved security measures in health facilities in thickly…

Minister of the Federal Capital Territory (FCT), Nyesom Wike, has linked the recent defection of the Speaker of the Rivers State House of Assembly and 15 other lawmakers from the Peoples Democratic Party (PDP) to the All Progressives Congress (APC) to deepening internal divisions within the PDP. Speaking with journalists after inspecting ongoing road projects in Abuja, Wike said he was not informed ahead of the lawmakers’ decision but maintained that they acted within their constitutional rights. “It’s unfortunate. I have always said everybody has the right to make a choice. The party is fully factionalized. And the Constitution requires…

Chairman of the Dangote Group, Aliko Dangote, says fuel prices in Nigeria will keep falling as the company positions itself to compete favourably with imported products, despite ongoing smuggling across the country’s borders. Speaking to journalists on Friday after a meeting with President Bola Tinubu at the State House in Abuja, Dangote said the price gap between Nigeria and neighbouring countries continues to drive smuggling, even though the practice has reduced. “Prices are going down. The reason why prices have to go down is that we also have to compete with imports. But you know, luckily for us, now smuggling…

The Minister of the Federal Capital Territory (FCT), Nyesom Wike, has dismissed the Acting Executive Chairman of the Federal Capital Territory Internal Revenue Service (FCT-IRS), Michael Ango. The decision was announced on Friday in a statement issued by Lere Olayinka, Senior Special Assistant to the Minister on Public Communication and Social Media. According to the statement, the most senior official in the FCT-IRS has been directed to immediately assume leadership of the revenue agency. While confirming the development, the statement did not disclose the reason behind Ango’s removal.

Streaming giant Netflix has announced plans to acquire Warner Bros. Discovery in a deal valued at nearly $83 billion, marking the largest entertainment industry merger of the decade. The acquisition will hand Netflix control of an extensive film and television library, including classics such as Casablanca and Citizen Kane, along with globally acclaimed franchises like The Sopranos, Game of Thrones, and the Harry Potter series. The deal also brings HBO Max under Netflix’s umbrella, further expanding its streaming dominance. “Together, we can give audiences more of what they love and help define the next century of storytelling,” Netflix co-CEO Ted…

U.S. President Donald Trump became the inaugural recipient of FIFA’s newly created peace prize on Friday during the 2026 World Cup draw held at the Kennedy Center in Washington. FIFA President Gianni Infantino, a long-time ally of Trump, presented the award to the 79-year-old leader, describing him as a figure whose efforts to promote global peace and unity were “exceptional and extraordinary.” “Thank you very much. This is truly one of the great honors of my life,” Trump said after receiving the prize. “And beyond awards… we saved millions and millions of lives.” FIFA unveiled the annual peace award in…

A pregnant woman, Aisha Najamu, has died at the Turai Umaru Musa Yar’adua Maternity and Children Hospital in Katsina State after a health worker allegedly refused to accept a bank transfer for the payment of oxygen, insisting on cash only. The incident occurred on Monday when the victim arrived at the hospital in critical condition and required immediate oxygen support. An eyewitness said on Friday that the cashier on duty declined to issue a receipt or process payment because Najamu did not have cash, citing the hospital’s internal rule prohibiting bank transfers. A bystander who attempted to intervene reportedly begged…

Troops of Operation Peace Shield have rescued 10 kidnapped women during a special operation conducted in the early hours of Friday in the Sanga Local Government Area of Kaduna State. A credible source at the Army Headquarters confirmed the development to the News Agency of Nigeria (NAN) in Abuja, revealing that the victims were abducted from their farms at Unguwan Nungu on Nov. 29. Their abduction prompted Sector 5 troops to launch a sustained search-and-rescue mission. According to the source, the troops intercepted the kidnappers around 6:40 a.m. on Friday while the criminals attempted to collect ransom money from the…