Meta ordered to pay $375m over child exploitation in US
A New Mexico jury on Tuesday found Meta Platforms violated the United States law in a lawsuit brought by the state attorney general, who accused the company of misleading users about the safety of Facebook, Instagram, and WhatsApp and of enabling child sexual exploitation on those platforms. After deliberating less than a day, the jury found that Meta violated New...
EFCC evicts Malami, family from Abuja residence
Former Attorney-General of the Federation, Abubakar Malami (SAN), says operatives of the Economic and Financial Crimes Commission forcefully evicted him and his family from their Abuja residence despite an ongoing legal battle over the property. Addressing journalists on Tuesday, Malami said EFCC officials first stormed his home on Monday, then returned the following day with heavily armed personnel to complete...
2027 polls: PDP govs reject Wike camp’s consensus leadership picks
The crisis within the Peoples Democratic Party deepened on Tuesday as PDP governors rejected the consensus national chairman and secretary announced by the Nyesom Wike-backed faction. The governors insisted that the process was illegal and vowed to challenge it in court. The Wike camp had named Abdulrahman Mohammed and Senator Samuel Anyanwu as consensus National Chairman and National Secretary ahead of...
Nigeria needs $345m yearly to tackle out-of-school children – FG
The Federal Government has disclosed that Nigeria needs an annual investment of $345m to reintegrate and equip the country’s estimated 15 million out-of-school children with essential skills. Minister of Education, Dr Tunji Alausa, revealed this on Tuesday at the inaugural Federal Ministry of Education Private Sector Breakfast Convening in Lagos. He explained that the estimated funding requirement was calculated from...
Contractors threaten to shut down APC convention over N150bn debt
The All Indigenous Contractors Association of Nigeria has threatened to disrupt the All Progressives Congress national convention over alleged unpaid debts owed to its members by the Federal Government. At a resumed protest in Abuja on Tuesday, AICAN National President, Jackson Nwosu, demanded the immediate release of N150bn within 48 hours, describing the sum as part of earlier commitments made...
Stock market rebounds as investors gain N1.09trn
The Nigerian stock market rebounded with N1.086 trillion profit on Tuesday, March 24, 2026, following gains from some large and medium capitalised stocks. Investors’ renewed interest in John Holt, Consolidated Hallmark Holdings, Legend Interest, Airtel Africa, Zichis Agro Allied Industries, and 32 other advancing stocks drove the market higher. The market capitalisation, having opened at N127.750 trillion, added N1.086 trillion or...
Oil prices drop below $100 after US offers 15-point ceasefire plan to Iran
Oil prices fell around 4% on Wednesday, March 25, 2026, on the prospect of a possible ceasefire easing supply disruptions from the key Middle East producing region. This comes after reports that the United States sent Iran a 15-point plan to end the war between them. Brent crude futures fell $4.89, or 4.7%, to $99.60 a barrel by 0335 GMT, after...
Naira appreciates against dollar at official market
The naira recovered from a two-day loss on Tuesday, March 24, 2026, appreciating to N1,382.63 against the United States dollar at the official market. Data released by the Central Bank of Nigeria (CBN) showed that the naira gained N5.75. This represents a 0.4 per cent increase compared to Monday, when the local currency traded at N1,388.38 to the dollar following resumption...
Petrol truck crushes six to death in Ibadan
A tragic accident on Tuesday claimed the lives of at least six people after a petroleum truck lost control along the Beere–Agodi Road in Ibadan. The incident also destroyed no fewer than six tricycles, popularly known as keke, as the truck veered through the busy corridor. An eyewitness said the truck driver lost control at the Beere end of the road,...
Blackouts to ease soon, minister apologises to Nigerians
The Minister of Power, Adebayo Adelabu, has assured Nigerians that electricity supply will improve within two weeks, apologising for the persistent nationwide outages. Speaking during a press briefing on Tuesday in Abuja, Adelabu said the ministry has taken critical steps to address the challenges that have worsened power supply since he assumed office in October 2023. “With the committee we have...
