No going back on cashless policy at airports ― Keyamo
The Minister of Aviation and Aerospace Development, Festus Keyamo, has declared that there is no going back on the cashless policy at airports across Nigeria. Keyamo made this known during an on-the-spot assessment of the hybrid payment system adopted by the government at the Nnamdi Azikiwe International Airport in Abuja on Friday, March 13, 2026. The hybrid payment was adopted, following...
Guinness, UPL top gainers’ chart as stock market records N962bn gain
The Nigerian stock market ended the week on a strong note on Friday, March 13, 2026, as investors recorded a bullish rally that added N962 billion to the market value. The surge was fueled by sustained investor interest in stocks such as Guinness, University Press, Royal Exchange, May & Baker, Fortis Global Insurance, and about 30 other equities. The market capitalisation...
Naira trades N1,366/$ at official market
The naira closed the week on a positive note on Friday, March 13, 2026, appreciating to N1,366.23 against the United States dollar at the official market. Data released by the Central Bank of Nigeria (CBN) showed that the naira gained N5.27 during Friday’s trading session. The development reflects a 0.3 per cent increase when compared with Thursday’s closing rate of N1,371.50...
Kosofe LG chairman denies N100m empowerment fraud allegation
The office of the Chairman of Kosofe Local Government Area in Lagos State, Moyosore Ogunlewe, has dismissed allegations surrounding the council’s N100 million empowerment programme, describing the claims as false and politically motivated. In a statement issued by the Chief Press Secretary to the chairman, Olúwọlé Òbísànyà, the council said the allegations were part of a deliberate campaign to discredit...
FAAC distributes N1.894trn February revenue to FG, states, LGs
The Federation Account Allocation Committee (FAAC) has shared a total sum of N1.894 trillion as revenue generated in February 2026 among the Federal Government, state governments and the 774 local government councils. This was disclosed in a statement issued on Friday by the Director of Press and Public Relations in the Office of the Accountant-General of the Federation, Bawa Mokwa,...
Thugs abduct mortuary attendant, disrupt mass burial in Benue
Suspected thugs on Thursday abducted a mortuary attendant at NKST Hospital in Jato Aka, the headquarters of Kwande Local Government Area of Benue State, disrupting a planned mass burial for victims of a recent bandit attack. The attendant, identified as MT Tiga, was reportedly taken away by the attackers who allegedly sought to stop the burial of victims killed in...
Father in dock for defiling daughter
A Lagos trader has been charged with sexually abusing his four-year-old daughter, appearing before an Ikeja Chief Magistrates' Court on Friday. Ebere Ezetoha, 44, is accused of digitally penetrating the young girl, an act allegedly witnessed by the child's mother after she heard her daughter crying. The incident reportedly took place on Valentine's Day at the family's residence on Prince...
Abia to sign $200m MoU with Presco Plc for palm oil investment
The Alex Otti-led Abia State Government is set to sign a $200 million Memorandum of Understanding (MoU) with Presco Plc, a leading oil palm producer in Nigeria and Ghana, to develop palm oil production in the state. Governor Otti disclosed this on Friday while receiving a delegation from Presco Plc, led by its Chairman, Olakanmi Sarumi, at his office in...
NEMA receives 147 Nigerian returnees from Niger Republic in Kano
The National Emergency Management Agency (NEMA) has received 147 Nigerian migrant returnees from Niamey in Niger as part of ongoing efforts to support citizens returning from abroad. The returnees arrived at the Malam Aminu Kano International Airport in Kano on March 5, 2026, at about 12:19 p.m. local time aboard a flight operated by Sky Mali Airline. In a statement released...
Navy destroys illegal crude oil storage site in Rivers
The Nigerian Navy has destroyed an illegal crude oil storage facility in the Bonny area of Rivers State as part of ongoing operations to combat crude oil theft and illegal bunkering in the Niger Delta. The operation was carried out under Operation Delta Sentinel following directives from the Chief of the Naval Staff, Idi Abbas. According to a statement issued on...
