May, 2026 - Skypenewsnaija

10 abducted as bandits raze palace in Kwara community

The Kwara State Police Command has confirmed that suspected armed bandits launched a coordinated midnight attack on Yashikira community in Baruten Local Government Area, burning part of the Emir’s palace and abducting 10 people, including wives and children of the traditional ruler, Alhaji Umar Seriki. The Command said the attackers struck at about 2:00 a.m. […]

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May 25, 2026
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Education

ASUU Threatens Fresh Strike Over Delayed 2025 Agreement Implementation

ASUU UNIJOS branch during a press conference at the union’s secretariat in the University of Jos on Monday. The Academic Staff Union of Universities (ASSU), University of Jos branch, has warned of a looming industrial crisis in Nigeria’s public universities over what it described as the Federal Government’s slow and inconsistent implementation of the 2025 […]

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May 25, 2026
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Economy

[UPDATED] Nigeria’s GDP Grows By 3.89% In Q1 2026 — NBS

Nigeria’s economy recorded a real Gross Domestic Product (GDP) growth of 3.89% year-on-year in the first quarter of 2026. The latest figures released by the National Bureau of Statistics (NBS) mark an improvement over the 3.13% recorded in the corresponding period of 2025. Agriculture emerged as the most improved performer during the period under review, […]

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May 25, 2026
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Breaking News

Don’t Leave Nigeria Without Valid Visa, Passport, FG Warns Nigerians

The Federal Government has warned Nigerians against leaving the country without valid travel documents. In a public alert posted on X on Monday, DCI AS Akinlabi, the Public Relations Officer of the Nigeria Immigration Service (NIS), stressed that such actions are illegal and expose individuals to serious risks. It cautioned that all international travel must […]

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May 25, 2026
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Economy

Nigeria’s economy grows 3.89% in Q1 amid lower oil output – NBS

Nigeria’s economy expanded by 3.89 per cent in real terms in the first quarter of 2026 amid a decline in crude oil production, with growth driven largely by agriculture, telecommunications, financial services, construction, and trade activities. Data released by the National Bureau of Statistics on Monday showed that the country’s Gross Domestic Product grew faster […]

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May 25, 2026
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Breaking News

[BREAKING] Eid-el-Kabir: FG declares Wednesday, Thursday public holidays

The Federal Government has declared Wednesday, May 27 and Thursday, May 28, 2026, as public holidays to mark the Eid-el-Kabir celebration. The Minister of Interior, Olubunmi Tunji-Ojo, announced this in a statement issued on Monday by the Permanent Secretary of the ministry, Magdalene Ajani. According to the statement, the declaration reflects the Federal Government’s respect […]

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May 25, 2026
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Business

Stewardship, Not Seizure: What the Union Bank Case Is Really About

There is a particular genre of financial commentary that mistakes legal process for a factual verdict. A court delivers a first-instance ruling, procedural questions areraised, and before the ink is dry on the appeal filing, the narrative has alreadyhardened: the regulator overreached, investor confidence is shattered, and Nigeria’s financial governance is on trial before the […]

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May 25, 2026
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Business

Why Nigeria’s Capital Market Will Continue to Manifest Positive Momentum – Ajayi

Niyi Ajayi, Chairman/GMD, Financial Trust Company Nigeria’s capital market has evolved into a critical driver of investment, wealth creation, and economic development despite persistent economic pressures. In this interview, Group Managing Director of Nigeria’s first indigenous stockbroking company, Financial Trust Company (FTC), Omoniyi Ajayi, reflects on the Nigerian Exchange (NGX), the reforms required to deepen […]

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May 25, 2026
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Breaking News

NCAA suspends services to Air Peace, Ibom Air, nine others over debts

The Nigeria Civil Aviation Authority has directed its directorates to suspend services to 11 domestic airlines, placing them on its updated “No-Pay-No-Service” list over unpaid statutory charges owed to the regulator. The directive, contained in an internal memo dated May 22, 2026, and obtained by Punch correspondent on Sunday, ordered all NCAA departments to withhold […]

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May 24, 2026
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Sport

EPL: Haaland crowned Premier League’s top scorer

Manchester City’s Norwegian striker #09 Erling Haaland (C) looks on as Manchester City’s English defender #05 John Stones (2nd L) shakes hands with Manchester City’s Spanish manager Pep Guardiola (centre R) after he went through a guard of honour during the English Premier League football match between Manchester City and Aston Villa at the Etihad […]

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May 24, 2026
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