Oyedele succeeds Edun as Finance Minister

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Nigeria’s former Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has officially handed over to his successor, Taiwo Oyedele, following a quiet transition at the Federal Ministry of Finance. The handover, which took place behind closed doors, was not opened to media coverage despite earlier indications that journalists would witness the event. A photograph confirming the transition...

Obasa to Hamzat: We’ll do everything to ensure you win Lagos governorship election

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Obasa

The Speaker of the Lagos State House of Assembly, Mudashiru Obasa, has expressed support for the governorship bid of the state deputy governor, Dr Obafemi Hamzat. Obasa expressed the support during Hamzat’s visit to his residence in the Ikeja area of Lagos State on Thursday, April 23, 2026. Hamzat’s visit was part of his ongoing engagements and consultations with All Progressives...

FG deepens public service reforms with ₦10bn housing loan

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The Federal Government has advanced its ongoing public service reform agenda with the approval of a ₦10 billion housing loan scheme for civil servants, positioning the initiative as part of a broader effort to build a more efficient, technology-driven and performance-oriented bureaucracy. The Head of the Civil Service of the Federation, Didi Walson-Jack, said in Abuja on Friday that the...

One missing as elephant kills 45-year-old man in Oyo community

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Elephant

An attack by a wild elephant in Innayin Community, Iwajowa Local Government Area of Oyo State, has left a 45-year-old man, Ibrahim Tijani, dead. It was gathered that another person, Muhammadu Bingin, who had an encounter with the elephant, is currently missing. The Oyo State Police Public Relations Officer, DSP Ayanlade Olayinka, confirmed the incident via a statement issued on Friday,...

EPL fixtures: Arsenal eye return to top spot as Tottenham battle for survival

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Arsenal

Arsenal can reclaim the Premier League summit this weekend as leaders Manchester City focus on the FA Cup, while Tottenham and West Ham battle to avoid the final relegation spot. Arsenal have watched their imposing nine-point lead vanish quickly, with City currently top on goals scored. City and Arsenal are locked together on 70 points, with five games left. Both teams...

Seun Kuti reveals how mum hid cannabis in bread for Fela Kuti in detention

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Money rituals, Seun Kuti

Afrobeat musician Seun Kuti has shared a personal story about his late parents, revealing how his mother once unknowingly involved him in delivering cannabis to his father, Fela Kuti, during one of his detentions. In a recent interview, Seun recounted that his late mother, Fehintola Kuti, concealed cannabis inside a loaf of bread and asked him to give it to...

Wiretapping: El-Rufai pleads not guilty as FG files fresh charges

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The Federal Government has expanded the criminal case against former Kaduna State governor, Nasir El-Rufai, introducing new allegations related to interference with critical national infrastructure and unauthorised access to classified information. The updated charges are contained in a further amended five-count charge filed on April 13, 2026, before the Federal High Court in Abuja, replacing an earlier three-count charge instituted...

FG raised N2.69trn from bond market in Q1 2026 amid strong investor demand

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Savings bonds, DMO

The Federal Government raised N2.69 trillion from the domestic bond market in the first quarter of 2026, driven by robust investor demand that consistently exceeded offer levels, according to data from the Debt Management Office. An analysis of auction results for January, February, and March showed that the government offered a total of N2.45 trillion in bonds during the period,...

Dangote targets East Africa for new 650,000bpd refinery expansion

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NMDPRA, Dangote

Africa’s richest industrialist, Aliko Dangote, has unveiled plans to build a 650,000 barrels-per-day refinery in East Africa, marking a major push to expand his refining footprint beyond Nigeria and reduce the continent’s dependence on imported fuel. Speaking at the Africa We Build Summit in Nairobi, organised by the Africa Finance Corporation, Dangote said his group is prepared to replicate the...

Oil prices rise over military tensions in Middle East

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Israel, Iran, Trump, Oil

Oil prices rose on Friday, April 24, 2026, over fears of a renewed military escalation in the Middle East. Brent crude futures rose 99 cents, or 0.94%, to $106.06 a barrel at 0410 GMT, while West Texas Intermediate futures were up 71 cents, or 0.73%, at $96.56. Brent rose 17.13% throughout the course of the week while WTI rose 15.13%, the...