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Crude oil prices rises above Nigeria’s 2026 budget benchmark
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…
Read More »Naira trading below fair value, should be N1,257 to Dolar – Bismark Rewane
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…
Read More »US ramps up support for Nigeria as ISIS threat grows
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…
Read More »Troops nabs 65yo woman for allegedly supplying drugs to Boko Haram fighters
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,…
Read More »Abba Yusuf to rejoin APC Monday after quitting NNPP
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…
Read More »APC holds ward congresses in Rivers to elect delegates for February bye-elections
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…
Read More »AFCON: Gueye reflects on Senegal walk-off, Morocco missed penalty
By Deborah Nnamdi Senegal midfielder Pape Gueye has spoken about the dramatic walk-off by his team and Morocco’s missed penalty during last week’s Africa Cup of Nations final, describing the incident as a human error in a highly charged moment. Gueye, who scored the decisive goal as Senegal edged Morocco…
Read More »NDLEA arrests Brazilian woman with N3bn worth of heroin at Abuja airport
By Deborah Nnamdi The National Drug Law Enforcement Agency (NDLEA) has arrested a 30-year-old Brazilian woman, Ingrid Benevides, with 30.09 kilograms of heroin concealed in factory-sealed coffee packs at the Nnamdi Azikiwe International Airport, Abuja. The agency disclosed this in a statement on Sunday by its spokesman, Femi Babafemi, who…
Read More »Troops foil bandit attack in Kaduna, neutralize suspected terrorist
Troops of 1 Division/Sector 1 of Operation FANSAN YAMMA have foiled a bandit attack and neutralized one suspected terrorist during a snap ambush in the Maraban Rido general area of Kaduna State. The operation followed a distress call received late on January 22, 2026, reporting that armed bandits had rustled…
Read More »Suspected Boko Haram attack, kills pastor, four others in Borno community
Suspected Boko Haram insurgents have killed a senior pastor of the Ekklesiyar Yan’uwa a Nigeria (EYN) and four other residents during an attack on Tarfa community in Biu Local Government Area of Borno State. The attackers reportedly struck the community around 7:00 p.m. on Thursday, firing sporadically into the air,…
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