Troops secure release of 10 kidnap victims in Kaduna

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Troops under Operation FANSAN YAMMA have facilitated the safe release of 10 kidnapped victims in Kajuru Local Government Area of Kaduna State. Security sources said the victims were received at about 9:30 a.m. on Thursday at a checkpoint operated by troops at the Forward Operating Base (FOB) in Maro, shortly after regaining freedom from a suspected terrorist camp. Preliminary findings indicate...

Labour to renegotiate new minimum wage in July

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Labour, Minimum wage, NLC

Organised labour says the process for renegotiating the national minimum wage will commence in July 2026. The Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) made this known at the 2026 International Workers’ Day in Abuja on Friday, May 1, 2026. The NLC President, Joe Ajaero, said the move was aimed at preventing delays experienced during previous wage negotiations. Ajaero...

US court convicts Nigerians, others over $215m fraud

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A United States court in the Northern District of Ohio has convicted multiple individuals, including several Nigerians, for their roles in a large-scale international email fraud scheme that defrauded over 1,000 victims of about $215 million. In a statement by the US Attorney’s Office, the convictions followed a jury verdict delivered on April 24, 2026, in Toledo, Ohio. Among those found...

Kano orders probe into N1.5bn workers’ deductions

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Governor Abba Kabir Yusuf has directed an investigation into allegations that N1.5 billion was deducted from workers’ funds under the former Head of Service, Abdullahi Musa. The governor issued the directive on Friday during the Workers’ Day event, following concerns raised by the Kano State Chairman of the Nigeria Labour Congress, Kabiru Inuwa. Yusuf said he had immediately instructed the Secretary...

LASU spends over N200m monthly on electricity — Commissioner

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The Lagos State University spends more than N200 million every month on electricity, covering network bills and diesel used to power generators across its faculties, hostels, administrative buildings and essential services, a government official has disclosed. Lagos State Commissioner for Tertiary Education, Mr Tolani Sule, made the disclosure on Friday at the sod-turning ceremony for a TETFund/PPP Students' Hostel Project...

Uba Sani reaffirms commitment to workers’ welfare

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Kaduna State Governor, Uba Sani, has reaffirmed his administration’s commitment to workers’ welfare, describing them as key partners in the state’s development. Speaking at the 2026 Workers’ Day celebration held at Murtala Square, the governor highlighted major interventions aimed at easing economic pressures on workers, particularly in transportation. He disclosed that the proposed Kaduna Light Rail project, recently approved by the...

Tinubu to visit France, Kenya, Rwanda for key summits

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President Bola Ahmed Tinubu will depart Abuja on Saturday, May 2, for official visits to France, Kenya and Rwanda, as part of efforts to deepen Nigeria’s diplomatic and economic engagements. According to a State House statement issued on Friday, the President will first travel to France before proceeding to Nairobi, Kenya, to participate in the Africa-France Summit scheduled for May...

2027: Delta South leaders, Otuaro close ranks, back Tinubu, Oborevwori, Joel-Onowakpo

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The Administrator of the Presidential Amnesty Programme, Dr Dennis Brutu Otuaro, and other key All Progressives Congress stakeholders in Delta South Senatorial District have endorsed the senator representing the district, Thomas Joel-Onowakpo, for a second term in the 2027 general elections. The endorsement was made at an official declaration rally held on Friday at the Oleh Township Stadium in Isoko...

NGX trades 4.842bn shares as market cap rises to N155.9trn in one week

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Capitalisation, NGX, Market

Investors traded a total of 4.842 billion shares valued at N287.756 billion in 332,453 deals on the Nigerian Exchange Limited (NGX) this week. This represents an increase from 3.805 billion shares worth N213.955 billion exchanged in 297,202 deals in the previous week, indicating growth in volume, value, and number of transactions. The market operated for four trading days during the week,...

Sanwo-Olu approves N50,000 relief package for Lagos workers

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Sanwo-Olu, Tuesday, Lebanese, Lagos, Tax system

Lagos State Governor Babajide Sanwo-Olu has announced a N50,000 wage award for all the state’s public sector employees for May 2026. Sanwo-Olu announced the wage award during the 2026 International Workers’ Day celebration held at the Mobolaji Johnson Arena in Lagos on Friday, May 1. The governor said the gesture was intended to cushion the effect of rising cost of living...