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UBA commissions innovation hub, business office at UNILAG, 

By Babajide Komolafe United Bank for Africa (UBA) Plc, has deepened its longstanding relationship with the academic community and reaffirmed its commitment to innovation, youth empowerment, and nation-building by commissioning the UBA Innovation Hub and Business Office at the University of Lagos (UNILAG).  The landmark facility was commissioned by the Group Chairman, UBA, Tony Elumelu, represented […]

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Capital importation rises 182% to $3.37bn

•As foreign portfolio accounts for 95.7%  By Babajide Komolafe Capital importation  rose by 182 per cent, month-on-month to $3.37 billion in January from $1.25 billion in December, driven by a surge in foreign portfolio investment into bonds and money market instruments.  The Central Bank of Nigeria, CBN, disclosed this in its monthly economic report for January […]

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Dollar to Naira exchange rate today, May 26, 2026

The Nigerian naira traded within a narrow range against the United States dollar on Tuesday, May 26, 2026, across both the official Nigerian Foreign Exchange Market (NFEM) and the parallel market amid continued efforts by the Central Bank of Nigeria to stabilise the foreign exchange market.

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Youth leader cautions APC govs over plot to remove Uzodimma as Chairman

By Anayo Okoli ENUGU—Notable Igbo Youth leader, Ambassador Arthur Obiora, has called on the governors of the ruling All Progressive Congress, APC, to drop the idea of removing Governor Hope Uzodimma of Imo State as their chairman, urging them to continue to work as a united team ahead of the 2027 elections. Obiora, a former“Ohanaeze […]

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Middle East war: Iran sends team to Qatar for peace deal

Iran’s top negotiator, Mohammad Bagher Ghalibaf, Foreign Minister, Abbas Araghchi, and Central Bank Governor, Abdolnaser Hemmati, have arrived in Qatar for talks with Qatari Prime Minister on a potential deal with the U.S to end the three-month war and release of its frozen assets.

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Woman battles Police over refusal to quit her hotel

An Onitsha-born hotel proprietor, Mrs. Khadijat Lawal, and her family, have called on the Inspector General of Police, Mr. Olatunji Disu, to order the Police Mobile Force to immediately vacate her property, Idoko International Hotel, located at 3-3, Onitsha, in compliance with a court order.

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Terrorists occupy forests, grazing reserves —Ethnic Nationalities

The Conference of Autochthonous Ethnic Nationalities Community Development Associations, CONAECDA, has raised fresh alarm over worsening insecurity across the country, alleging that forests and grazing reserves in many parts of Nigeria have become operational bases for terrorists and other criminal elements.

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Rivers ADC crisis deepens as Ezekiel-Hart rejects primary, accuses Amaechi of imposition

The governorship primary of the African Democratic Congress (ADC) in Rivers State has been thrown into turmoil after aspirant Allen Idaso Ezekiel-Hart rejected the outcome and accused former governor Rotimi Amaechi of imposing a candidate.

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2027 PRESIDENCY: How far can PDP-APM alliance take Makinde?

By Dapo Akinrefon ON Thursday, May 14, Governor Seyi Makinde of Oyo State declared his presidential intention and said he would run on the platform of the Peoples Democratic Party, PDP, in alliance with the Allied Peoples’ Movement, APC, in the 2027 election. The declaration, however, seemed to have transformed the politics of Oyo State. […]

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