Active voice subscriptions hit 171.7m in Q2 — NBS
Nigeria’s telecommunications sector sustained strong performance in the second quarter of 2025, with active voice subscriptions rising to 171,730,061, according to new data released by the National Bureau of Statistics (NBS). The figure represents a 0.48 per cent year-on-year increase compared to the 170,904,257 subscriptions recorded in the same period of 2024. The data is contained in the NBS Telecoms Data:...
Court remands two men over theft of 88 crates of eggs, N2.6m cash
An Ikorodu Chief Magistrates’ Court on Monday remanded two men, Timothy James and Moses Orban, after they pleaded guilty to stealing 88 crates of eggs and cash totaling N2.6 million. The defendants, aged 27 and 25 respectively, are facing a charge of felony to wit theft. Their residential addresses were not disclosed. Presiding over the case, Chief Magistrate B. A. Shonuga...
21-year-old apprentice kills boss after dispute in Anambra
A 21-year-old apprentice (name withheld) has allegedly killed his boss at Fegge in Onitsha, Anambra State. The Anambra State Police Public Relations Officer, SP Tochukwu Ikenga, confirmed the incident on Monday, February 16, 2026, saying the suspect has been arrested. Ikenga also confirmed the recovery of a pestle believed to have been used to commit the crime. Ikenga said: “The boss scolded...
Troops arrest two suspected Boko Haram logistics suppliers in Yobe
Troops of the Joint Task Force (JTF) North East, operating under Operation Hadin Kai, have arrested two suspected Boko Haram logistics suppliers in Yobe State. Security sources said the suspects were apprehended at about 12:00 p.m. on February 15 during a snap checkpoint operation by troops of the 233 Tank Battalion at Rabangida in the Dapchi–Geidam area. The suspects were identified...
Troops foil ISWAP ambush, recover weapons, supplies in Borno
Troops of the Joint Task Force (JTF) in North East Nigeria have successfully repelled an ambush by suspected Islamic State West Africa Province (ISWAP) insurgents near Papa 7 in Gwoza Local Government Area, Borno State. According to sources, at about 4:30 a.m. on February 16, soldiers of the 152 Task Force Battalion, working alongside local Vigilante Forces, engaged insurgents attempting...
Troops intercept suspects carrying N37m cash in Borno
Troops of Operation HADIN KAI have intercepted five individuals transporting about N37 million in cash under suspicious circumstances in Borno State. Security sources revealed that the suspects were stopped while traveling in a red Golf wagon, with registration number MNG 463 XA, en route to Magumeri. During a routine checkpoint inspection, troops discovered the large sum of money concealed inside...
Sterling HoldCo announces recapitalisation of two subsidiaries
Sterling Financial Holdings Company Plc has announced that its core banking subsidiaries, The Alternative Bank (AltBank) and Sterling Bank, are fully recapitalised in line with the Central Bank of Nigeria’s (CBN) revised minimum capital requirements. The company announced this in a statement issued on Monday, February 16, 2026, saying the recapitalisation followed final regulatory approvals received in January 2026. Sterling HoldCo...
Tinubu hails BUA’s strategic MoU with UAE ports, MAIR Group
President Bola Ahmed Tinubu has commended the signing of a strategic Memorandum of Understanding (MoU) between Nigeria’s BUA Group and UAE-based AD Ports Group and MAIR Group in Abu Dhabi, describing it as a landmark industrial and trade breakthrough. The President said the agreement reflects the dividends of strengthened diplomatic ties and expanding economic cooperation following his recent engagements with...
BUA, AD Ports, MAIR Group partner to boost food security, trade
In a move aimed at strengthening regional food security and trade, BUA Group, AD Ports Group, and MAIR Group of Abu Dhabi have signed a strategic Memorandum of Understanding (MoU) to explore collaboration in sugar refining, agro-industrial development, and integrated global logistics solutions. The partnership seeks to establish a world-class platform that will enhance food production, streamline supply chains, and...
Nigeria’s inflation rate drops to 15.10%
The National Bureau of Statistics (NBS) has announced that Nigeria’s headline inflation rate declined to 15.10 per cent in January 2026. The NBS announced the rate via its Consumer Price Index (CPI) report, released on Monday, February 16, 2026. The bureau said the CPI, which measures the changes in prices of goods and services, declined to 127.4 in January 2026, reflecting...
