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Court Remands Man Accused of Parading Fake Presidential Agency DG in Kuje Prison0
The Federal High Court in Abuja has ordered the remand of 38-year-old Prince Adeniyi Adeyemi at the Kuje Correctional Centre over alleged conspiracy, forgery and impersonation linked to a purported Presidential Foreign Intervention Promotion Council (PFIPC). Adeyemi was arraigned on Wednesday before Justice Mohammed Umar after several earlier attempts to bring him before the court
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Germany Issues Visa Advisory To Nigerians0
The German Mission in Nigeria has warned Nigerians applying for visas against paying agents or third parties to secure appointments, urging applicants to use only official German government channels. The mission said applicants should not send visa documents by email in an attempt to obtain appointments and should instead follow the approved application procedures for
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36 States Receive N2.39tn From FAAC In Q2 as Delta Overtakes Lagos0
Nigeria’s 36 states received a combined ₦2.39 trillion from the Federation Account in the second quarter of 2026, representing an increase of about ₦259.41 billion, or 12.2 per cent, compared with the ₦2.13 trillion allocated in the first quarter. An analysis of Federation Account Allocation Committee (FAAC) disbursements for April to June showed significant changes
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Nigeria’s External Debt Rises by $11.4bn Under Tinubu0
Nigeria’s external debt has increased by about $11.4 billion since President Bola Ahmed Tinubu assumed office, with the country’s external obligations rising from approximately $43.1 billion to $54.5 billion as of June 2026, according to data reviewed by Nairametrics. The increase has been attributed to a combination of multilateral borrowing, commercial debt and syndicated financing
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CBN Offers N2.5tn OMO Bills as N2.43tn Maturity Hits Banking System0
The Central Bank of Nigeria (CBN) has scheduled a ₦2.5 trillion Open Market Operations (OMO) auction for September 29, 2026, on the same day that an estimated ₦2.433 trillion OMO repayment is due to mature. The near one-for-one match between the fresh offer and the maturing instruments means the auction could significantly influence liquidity conditions
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24-Hour Electricity: FG Targets Lagos, North-West, South-East Corridors With Energy Zones0
The Federal Government is advancing plans to establish Energy Zones in some of Nigeria’s highest electricity-demand areas as part of efforts to improve power supply and move towards stable, 24-hour electricity for homes, businesses and industries. Minister of Power, Joseph Tegbe, disclosed the plan during a strategic meeting with the leadership of selected electricity distribution
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