Tinubu approves appointment of Rotimi Oyedepo as Director of Public Prosecutions
President Bola Ahmed Tinubu has approved the appointment of Rotimi Iseoluwa Oyedepo, SAN, as the new Director of Public Prosecutions (DPP) in the Federal Ministry of Justice. Oyedepo, who previously served with the Economic and Financial Crimes Commission (EFCC), is moving into the Federal Civil Service following his transfer of service approved by the President. According to a letter dated December...
Tinubu declares: New tax laws take effect January 2026
President Bola Tinubu has declared that the newly enacted tax laws will commence on January 1, 2026, as scheduled, dismissing speculations about a possible delay or reversal of the reforms. Tinubu made the declaration via a statement issued on Tuesday, December 30. "The new tax laws, including those that took effect on June 26, 2025, and the remaining acts scheduled to...
Meta to buy Chinese company Manus to boost AI
Meta has announced that it would acquire Chinese-founded artificial intelligence startup Manus to integrate advanced AI across the technology giant’s platforms. Financial terms of the transaction were not released, but a source with direct knowledge of the matter said the deal values the Singapore-based firm at between $2 billion and $3 billion. Manus went viral early this year on X after...
Passengers stranded as Eurostar suspends all Europe trains over power problem
Scores of passengers were stranded on Tuesday, December 30, 2025, after Eurostar suspended train services in Europe, following a power supply issue in the Channel tunnel. Passengers were left scrambling to find alternatives after the operator postponed all services between London, Paris, Amsterdam, and Brussels. A statement on Eurostar website read: "Due to a problem with the overhead power supply and...
NNPC begins bid process to sell stakes in oil, gas assets
The Nigerian National Petroleum Company Limited (NNPC Ltd) has launched a bidding process to sell portions of its interests in selected oil and gas assets, as part of efforts to streamline its portfolio. The plan was outlined in an invitation-to-bid notice released recently. NNPC said some of the assets involved are fully owned by the company, while others are operated in...
Dangote launches 10-Day credit scheme for petrol station owners
The Dangote Group has introduced a new 10-day credit facility, supported by a bank guarantee, to help petrol station owners and dealers across Nigeria improve their fuel stock purchases and cash flow. In a statement shared on its official X account on Tuesday, the company invited all eligible petrol station operators to register and benefit from the arrangement. Under the scheme,...
Hospital explosion caused by fire, not bomb ― Kebbi govt, police
The Kebbi State Government and the State Police Command have debunked rumours that the explosion at Bagudo General Hospital was caused by a bomb or an airstrike. The duo clarified that the explosion was caused by a fire outbreak involving gas cylinders. An explosion hit Bagudo General Hospital in Bagudo Local Government Area of Kebbi State in the early hours of...
Amotekun arrests 39 suspects hiding in Ondo forests after fleeing Sokoto
The Ondo State Security Network Agency, also known as the Amotekun Corps, has arrested 39 people who reportedly left Sokoto State and moved into forest reserves across Ondo State. The Corps Commander, Adetunji Adeleye, announced the arrests in Akure on Tuesday while parading the suspects, along with 22 others detained for different offences. Adeleye explained that the group was intercepted around...
CBN projects Nigeria’s debt-to-GDP ratio to hit 34.68% by 2026
The Central Bank of Nigeria (CBN) has forecast that the nation’s public debt could climb to 34.68 percent of Gross Domestic Product (GDP) by the end of 2026. The Bank explained that the rise is linked to fresh borrowings expected to support government spending, and it emphasized the importance of maintaining strong fiscal discipline to keep debt at manageable levels. This...
N8.7bn fraud: EFCC drags ex-AGF Malami, family members to court
The Economic and Financial Crimes Commission (EFCC) has arraigned former Attorney-General of the Federation and Minister of Justice, Abubakar Malami (SAN), his wife, Hajia Bashir Asabe, and his son, Abubakar Abdulaziz Malami, before the Federal High Court in Maitama, Abuja, over alleged involvement in money laundering amounting to more than N8.7 billion. The three defendants appeared on Tuesday before Justice...
