Nigeria’s largest insurance provider, NICON Insurance has lost its operating licence and now operates under a Receiver Manager. The National Insurance Commission (NAICOM), Nigeria’s insurance regulator, revoked NICON’s licence. The Federal Government controls NICON, which it established in 1969 under…
Understanding why petrol prices keep rising remains a primary concern for households and businesses navigating daily transportation expenses. Regulators at the Nigerian Midstream and Downstream Petroleum Regulatory Authority recently clarified the structural factors driving fuel pump fluctuations. Speaking through public…
Nasiru Marafa, the bursar of the National Open University of Nigeria (NOUN), has been reported dead. According to a statement issued on Sunday by NOUN Registrar and Secretary to Council Oladipo Ajayi, gunmen reportedly shot Marafa while he was returning…
The fight against drug abuse in Abuja, Nigeria, cannot be left to law enforcement agencies alone, stakeholders have said, as they called for stronger prevention, early education, and community involvement to keep young people away from illicit substances. The call…
There was a time when Lere Olayinka was simply the man behind the microphone, explaining, defending and sometimes fighting back on behalf of the Federal Capital Territory Minister, Nyesom Wike. In recent days, however, the outspoken media aide has become…
Dominican Republic’s Joheirry Mola Dominguez won the 73rd Miss World 2026 title, defeating Malaysia’s Taanusiya Chetty and Spain’s Elisabeth Reynés Alaber. Thailand’s Opal Suchata Chuangsri, who became the first contestant from her country to win the 72nd edition last year,…
The wait is finally over as the Miss World 2026 Grand Finale takes place today, September 5, in Nha Trang, Vietnam, bringing the 73rd Anniversary celebration of the global pageant to its climax. The 2026 contest is the 73rd edition…
This weekend is set to see high stakes political drama in Rivers State as Federal Capital Territory Minister Nyesom Wike is set to shun former Transport Minister Rotimi Amaechi’s mother’s funeral, having scheduled a civic reception in Rivers State’s Ikwerre…
The Nigerian Presidency has clarified that the legal proceedings in America regarding President Bola Tinubu involve a civil records dispute rather than a criminal trial. Speaking on behalf of the administration, Bayo Onanuga, Special Adviser on Information and Strategy, emphasized…
International brands are rethinking their long-term strategies in West Africa. A notable retreat of global companies leaving Nigeria has accelerated over recent months as foreign firms adjust to tough economic conditions. Moreover, currency fluctuations and rising inflation have forced many…
Director-General of the Department of State Services, Oluwatosin Ajayi, has directed personnel of the secret police to cease making arrests in civil matters. In a media interview on Thursday reported by The Sun, the DSS DG explained that the directive…
Physical banknotes held in registers and private vaults are gradually flowing back into commercial vaults. Recent financial data released by the Central Bank of Nigeria shows that the volume of cash outside Nigerian banks drop to N4.8 trillion in July…
Von Batten-Montague-York, a US-based political consultancy and lobbying firm, claims to have informed the US Department of Justice (DOJ) about a $3 million offer to halt the Tinubu drug probe involving alleged drug trafficking linked to Nigerian President Bola Tinubu.…
Billionaire investor Tony O. Elumelu has seen the market value of his holding in Seplat Energy Plc surge to approximately $1.28 billion. According to equity market data released on September 1, 2026, the Tony Elumelu Seplat Energy stake value expanded…
Financial earnings for Nigeria’s state energy firm hit a four-month low after operational challenges clipped national production. According to the July 2026 Monthly Report Summary released by the state oil firm, NNPC monthly profit drops amid output decline, falling 47.9%…
