Court bars Mamuda Beverages over Fearless drink trademark dispute
A Federal High Court sitting in Abuja has restrained Mamuda Beverages Nigeria Limited from continuing to produce its "Pop Power" energy drink, after Rite Foods Limited alleged the product infringes on the trademark of its Fearless Energy Drink brand. Justice Binta Nyako, in a ruling granting an interim injunction, found that the packaging of Pop Power bears a striking resemblance...
Capital markets should back Africa’s creative economy —Kwairanga
The Chairman of Nigerian Exchange Group Plc, Umaru Kwairanga, has called on African capital markets to invest in the continent’s growing creative and innovation sectors. Speaking at the Africa Soft Power Summit in Nairobi, he said industries like music, film, and digital innovation should be treated as viable investment assets, not just cultural exports. Kwairanga noted that while African stars such...
Time to reset the Amukpe-Escravos Pipeline sale process, By Mohammed Abubakar
By MOHAMMED ABUBAKAR A respected voice has finally said the quiet part out loud. No more dancing around it. No more bureaucratic fog. Professor Okey Ikechukwu, Executive Director of the Development Specs Academy, sat for an interview on Arise News and delivered a prescription as blunt as a hammer. Suspend the Amukpe-Escravos pipeline sale process. Terminate it completely. Start over. His warning...
Tinubu congratulates Rangers after winning NPFL title
President Bola Tinubu has congratulated Rangers International FC of Enugu for winning the Nigeria Premier Football League (NPFL) title for a record ninth time. In a statement issued on Sunday by his Special Adviser on Information and Strategy, Bayo Onanuga, the President praised the club’s players, management, and supporters for finishing top of the table with 68 points from 38...
INEC challenges court ruling on 2027 timetable
The Independent National Electoral Commission (Independent National Electoral Commission) has approached the Court of Appeal in Abuja to challenge a Federal High Court ruling that nullified key deadlines in its timetable for the 2027 general elections. INEC is also seeking a stay of execution of the judgment to suspend its effect pending the determination of the appeal. The appeal follows a...
Nigeria, Türkiye sign deal on solid minerals development
Nigeria and Türkiye have signed a Memorandum of Understanding (MoU) on strengthening bilateral cooperation in the solid minerals sector, in a move aimed at strengthening economic ties between both countries. The agreement was signed by Nigeria’s Minister of Solid Minerals Development, Dele Alake, and Türkiye’s Minister of Energy and Natural Resources, Alparslan Bayraktar, on the sidelines of the Istanbul Natural Resources...
Nigeria’s GDP rises by 3.89% in Q1 2026
The National Bureau of Statistics (NBS) says Nigeria’s Gross Domestic Product (GDP) rate in real terms grew by 3.89 per cent in the first quarter of 2026 on a year-on-year basis. The NBS made this known via the Nigerian GDP Report Q1 2026 released on Monday, May 25. The bureau said the growth rate was higher than the 3.13 per cent...
Police arrest chef over N150m Abuja theft
The Nigeria Police Force has arrested a chef, John Cosmos Govi, over his alleged involvement in drugging residents and stealing valuables worth about ₦150 million from a home in Abuja. In a statement issued on Monday, the Force Public Relations Officer, Anthony Okon Placid, said the suspect was apprehended by operatives of the Force Intelligence Department–Intelligence Response Team (FID-IRT). According to...
N10bn Kogi fraud: Court adjourns Ali Bello’s trial to June 2
Justice James Omotosho of the Federal High Court, Maitama, Abuja, has adjourned the trial of Ali Bello and Dauda Sulaiman to June 2, 2026. Ali Bello, a nephew of former Kogi State governor Yahaya Bello, is being prosecuted alongside Sulaiman by the Economic and Financial Crimes Commission on an amended 16-count charge bordering on alleged misappropriation and money laundering totaling...
Court orders final forfeiture of assets linked to illegal mining
Justice Daniel Osiagor of the Federal High Court, Ikoyi, Lagos, has ordered the final forfeiture of assets recovered from suspects involved in illegal mining activities in Ogun State to the Federal Government. The order followed an application filed by the Economic and Financial Crimes Commission, seeking custody and disposal of the seized properties under relevant provisions of the law. The forfeited...
