‘New Nigeria is possible’: Obi calls for national unity, electoral reforms
Former Anambra State Governor and Labour Party presidential candidate, Peter Obi, has called on Nigerians to unite across political, ethnic and religious lines to rescue the country from what he described as deepening socio-economic and democratic crises. Speaking in Enugu on Tuesday, December 31, 2025, Obi said Nigeria is at a defining moment that requires courage, clarity of purpose and...
Otti: I won’t defect with Peter Obi
Abia State Governor Alex Otti has ruled out leaving the Labour Party (LP) alongside former presidential candidate Peter Obi, saying he remains committed to the party for now. Otti made this known during his monthly media interaction in Umuahia, the capital of Abia State, on Tuesday, December 30, 2025. The governor revealed that Obi had already informed him of his intention...
Banks to charge ₦50 stamp duty on transfers above ₦10,000 from January 1
Starting January 1, 2026, Nigerian banks will begin charging a ₦50 stamp duty on electronic money transfers of ₦10,000 and above. This change follows the activation of parts of the newly enacted Tax Act, which reclassifies the existing levy on electronic transfers as a formal stamp duty. Several commercial banks have already informed their customers about the update ahead of its...
2027: Peter Obi dumps LP for ADC
The presidential candidate of the Labour Party in the 2023 election, Peter Obi, has dumped the party for the coalition-backed African Democratic Congress (ADC). Obi, a former governor of Anambra State, announced his defection to the ADC at an event held at the Nike Lake Resort in Enugu on Wednesday, December 31, 2025. The event was attended by former Senate President...
One dead, five trapped as rice mill collapses in Kebbi
A tragic incident occurred on Tuesday in Birnin Kebbi, Kebbi State, after part of a private rice mill abruptly collapsed, killing one worker and leaving five others trapped under the rubble. Rescue teams, including the Kebbi State Fire Service and other emergency responders, are currently battling to reach the victims buried beneath twisted metal and debris, with operations ongoing into...
Elumelu’s Heirs Energies buys 20% of French oil firm’s stake in Seplat for $500m
Heirs Energies has completed the acquisition of Maurel & Prom S.A.’s entire 20.07 per cent shareholding in Seplat Energy Plc in a transaction valued at about $500 million. Heirs Energies announced this via a statement issued on Wednesday, December 31, 2025. The indigenous energy firm said it purchased the 120.4 million ordinary shares at a price of 305 pence per share. The...
Insecurity: Adamawa cancels new year’s Eve festivities
The Adamawa State Government has announced the cancellation of all activities planned for the crossover night on December 31, 2025, at the Unity Fly-Over in Jimeta, Yola. The festivities were meant to usher in the new year on January 1, 2026. In a statement, Mr. Humwashi Wonosikou, Chief Press Secretary to Governor Ahmadu Fintiri, explained that the decision followed credible intelligence...
22-year-old man intoxicates, rapes teenager in Ibadan
The operatives of the Oyo State Police Command have apprehended a 22-year-old man for allegedly raping a 17-year-old girl, after intoxicating her with substance. The command’s spokesperson, DSP Ayanlade Olayinka, disclosed this in a statement issued on Tuesday, December 30, 2025. Olayinka said the Alakia Adelubi Police Division received a report of sexual assault on a 17-year-old girl on December 25,...
GTCO raises N10bn via private investors
Guaranty Trust Holding Company Plc (GTCO) has secured approvals from the Central Bank of Nigeria (CBN) and the Securities and Exchange Commission (SEC) to raise N10 billion through a private placement of ordinary shares, subject to regulatory conditions. GTCO announced this via a statement issued on Tuesday, December 30, 2025. The company said the move follows its earlier disclosure that its...
I was paid N100,000 to bomb worshippers in Maiduguri — Suicide bomber
A suspected Boko Haram suicide bomber, Ibrahim Mohammed, has revealed chilling details of his recruitment and operations, including how he was paid to target worshippers in Maiduguri. The confession came after his arrest by troops of Operation HADIN KAI in collaboration with local hunters in Yobe State. Ibrahim admitted involvement in the Dec. 24 suicide bombing at Gamboru Market Mosque, which...
