Troops nab illegal arms manufacturers, recover rifles in Plateau
Troops have arrested two suspected illegal arms manufacturers during a raid on a criminal hideout in Langtang North Local Government Area of Plateau State. Security sources said the operation was carried out at about 5:00 p.m. on April 22 in Gwandanu Village, following credible intelligence on illicit arms production in the area. The suspects were reportedly apprehended while actively engaged in...
Nigeria handles only 25% of West Africa’s cargo traffic — NPA
The Managing Director of the Nigerian Ports Authority, Dr. Abubakar Dantsoho, has expressed concern that Nigeria currently handles just 25 per cent of cargo traffic in West Africa, despite accounting for more than 60 per cent of the region’s gross domestic product. Dantsoho made this known at the Blue Economy Investment Summit held in Abuja, according to a statement. He described...
Foreign inflows on NGX jumped to N288bn in March
Foreign portfolio investment on the Nigerian Exchange Limited (NGX) rebounded sharply in March 2026, with total foreign transactions surging by 107.74 per cent to N288.82 billion. According to NGX Regulation Limited’s latest Domestic and Foreign Portfolio Investment report, overall market activity also strengthened, as total transactions rose by 13.10 per cent to N1.744 trillion in March, up from N1.542 trillion...
FG considers debt waiver for airlines as jet A1 crisis bites
The Federal Government is considering waiving debts owed by domestic airlines to aviation agencies as part of emergency measures to address the crisis triggered by a surge in the price of Jet A1 fuel. Aviation Minister Festus Keyamo disclosed this at a high-level meeting in Abuja on Wednesday, convened to find solutions to the fuel price crisis that had pushed...
FG cuts monthly bond offer to N700bn
The Federal Government plans to raise N700bn from the domestic bond market this month, continuing a steady reduction in its monthly borrowing target as it contends with elevated debt costs. The Debt Management Office disclosed the plan in its April 2026 Federal Government of Nigeria Bond Offer Circular, with the auction scheduled for April 27 and settlement on April 29. The...
Troops pound ISWAP positions in Lake Chad, neutralise 30 terrorists
Troops of the Joint Task Force North East under Operation Hadin Kai have destroyed an ISWAP waterway logistics network along the Lake Chad axis in Northern Borno State, killing more than 30 fighters in precision airstrikes conducted on the night of April 21 to 22, 2026. Acting on intelligence, surveillance and reconnaissance inputs, OPHK air assets established overhead presence over...
Lagos orders approval for solar panel installation in state housing estates
Lagos State residents living in government-owned housing estates must obtain approval from the Ministry of Housing before installing solar panels or carrying out any external alterations on their flats, the state government has restated. The Permanent Secretary of the Ministry of Housing, Engr. Abdulhafis Toriola, made this clarification following a social media post by a resident who questioned the authority...
NAFDAC seizes N350m fake alcohol, shuts illegal factories In Lagos
The National Agency for Food and Drug Administration and Control has dismantled two illegal production outlets and seized counterfeit and adulterated alcoholic beverages valued at approximately N350 million in Lagos State. The agency said in a statement on Wednesday that the operation followed credible intelligence, leading to raids at Zamfara Plaza, the Trade Fair Complex, and Lagos Island. Enforcement operatives recovered...
Wike-backed PDP releases 2027 election timetable, pegs presidential form at N51m
The Minister of Federal Capital Territory (FCT), Nyesom Wike-backed Peoples Democratic Party (PDP) has released its timetable and schedule of activities for the 2027 general election. The PDP, in a timetable issued on Wednesday by its National Organising Secretary, Umar Bature, fixed the total cost for its presidential expression of interest and nomination forms at N51 million. The party also pegged...
Power Minister resigns to contest Oyo governorship
Minister of Power Adebayo Adelabu has resigned his cabinet position to pursue the governorship of Oyo State, with his exit from office taking effect on April 30, 2026. In a resignation letter dated April 22 and addressed to President Bola Tinubu through the Office of the Secretary to the Government of the Federation, Adelabu said he was stepping down to...
